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SOUTH ATLANTIC
Nov 1, 2004 12:00 PM From the construction cranes in Washington, D.C., to the dozens if not hundreds of new housing developments breaking ground in the Carolinas, Virginia, Maryland, Georgia and Florida, this region's sunny economic climate once again outshines the economies of most other regions of the United States. The nation's capital currently has the busiest office construction market, and its suburbs continue to thrive because of a diverse economic mix. As in many areas of this region, the infrastructure outside the D.C. beltway is struggling to keep pace with the growth. No one knows this gridlock better than residents of Atlanta. Its northern suburbs continue to thrive, and office construction is starting to increase after a tough bout with 20 percent-plus vacancy rates.
ELECTRICAL WHOLESALERS' SALES
EW Estimates
Final
Final
Final
Final
Forecast
Forecast
2000
2001
2002
2003
2004
2005
South Atlantic 11,689.1 11,450.6 11,503.6 11,871.5 12,715.9 13,464.6
Delaware
215.5
211.1
212.1
218.9
234.4
248.2
D.C.
107.3
105.1
105.6
109.0
116.7
123.6
Florida
4,251.6
4,164.9
4,184.1
4,317.9
4,625.1
4,897.4
Georgia
2,279.8
2,233.3
2,243.6
2,315.4
2,480.0
2,626.1
Maryland
937.8
918.7
922.9
952.4
1,020.2
1,080.3
North Carolina
1,985.5
1,945.0
1,954.0
2,016.5
2,159.9
2,287.1
South Carolina
574.9
563.2
565.8
583.9
625.4
662.2
Virginia
1,118.0
1,095.2
1,100.3
1,135.5
1,216.2
1,287.9
West Virginia
218.6
214.2
215.2
222.0
237.8
251.8
EMPLOYMENT STATISTICS
Actual
in thousands
EC
M
C
G
South Atlantic 177,567 2,227.1 14,603.8 4,138.9
Delaware 2,266 35.0 273.1 55.1
Dover MSA
518
5.0
31.9
16.4
Wilmington PMSA
1,650
22.0
214.6
39.7
District of Columbia 597 2.5 385.4 237.8
Washington, DC MSA
20,518
70.2
1,774.8
618.5
Florida 59,482 382.7 4,775.9 1,081.3
Daytona Beach MSA
1,692
9.9
117.3
25.2
Fort Lauderdale-Hollywood-Pompano Beach PMSA
6,691
30.0
473.9
92.8
Fort Myers-Cape Coral MSA
1,686
6.3
120.7
29.6
Gainesville MSA
646
4.3
68.7
41.1
Jacksonville MSA
5,020
32.1
365.0
72.7
Lakeland-Winter Haven MSA
1,152
17.2
110.4
26.9
Melbourne-Titusville-Palm Bay MSA
1,468
22.5
122.8
28.2
Miami-Hialeah PMSA
6,545
50.1
600.5
137.8
Orlando MSA
10,451
39.7
645.1
104.7
Pensacola MSA
1,235
7.4
101.2
28.8
Sarasota MSA
1,646
18.4
209.3
26.7
Tallahassee MSA
679
3.7
80.7
59.0
Tampa-St. Petersburg-Clearwater MSA
8,529
70.1
844.2
148.1
West Palm Beach-Boca Raton-Delray Beach MSA
5,429
20.9
366.6
64.8
Georgia 27,398 448.8 2,099.9 631.1
Albany MSA
888
7.1
29.9
11.5
Athens MSA
367
9.0
37.1
20.9
Atlanta MSA
18,820
169.0
1,256.4
288.0
Augusta MSA
1,083
24.5
115.1
39.2
Columbus MSA
525
14.0
67.1
20.9
Macon-Warner Robins MSA
NA
13.2
85.9
35.2
Savannah MSA
899
13.1
84.2
21.3
Maryland 21,298 145.0 1,550.5 425.4
Baltimore MSA
10,789
79.0
786.4
205.9
Baltimore City
NA
19.7
246.2
81.3
Suburban Maryland-D.C.
NA
35.3
577.4
173.6
North Carolina 28,158 583.0 2,055.4 624.1
Asheville MSA
NA
13.9
68.1
15.2
Charlotte-Gastonia-Rock Hill MSA
5,440
101.7
465.6
98.1
Greensboro-Winston-Salem-High Point MSA
3,870
116.0
350.4
67.9
Raleigh-Durham-Chapel Hill MSA
NA
67.6
388.1
137.5
South Carolina 11,215 270.5 970.5 322.9
Charleston MSA
2,046
21.5
149.7
51.0
Columbia MSA
2,083
23.9
167.2
72.7
Greenville-Spartanburg MSA
265
95.3
230.5
63.8
Virginia 24,139 295.7 2,081.0 621.2
Bristol
NA
7.5
20.9
5.7
Charlottesville MSA
623
4.0
45.1
25.6
Danville MSA
163
11.2
22.4
6.0
Lynchburg MSA
841
18.3
52.1
12.8
Norfolk-Virginia Beach-Newport News MSA
3,971
60.1
425.9
146.2
Northern Virginia
NA
29.7
783.5
198.5
Richmond-Petersburg MSA
NA
44.0
330.5
100.9
Roanoke MSA
NA
14.6
84.8
16.5
West Virginia 3,014 63.9 412.1 140.0
Charleston MSA
1,342
7.1
77.5
24.8
Huntington-Ashland MSA
959
10.2
73.6
19.1
Parkersburg-Marietta MSA
326
9.5
40.4
9.6
Wheeling MSA
419
5.0
42.7
10.5
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