Most popular

What is Washington DC economy?

What is Washington DC economy?

The US average is 7.3%. – The Income Tax Rate for Washington is 6.5%. The US average is 4.6%….Income and Salaries for Washington.

ECONOMY Washington, District of Columbia United States
Recent Job Growth -4.1% -6.2%
Future Job Growth 33.7% 33.5%
Sales Taxes 6.0% 6.2%

What are the major industries in Washington DC?


  • Federal Government.
  • Professional Services.
  • Hospitality and Tourism.
  • Health Care & Life Sciences.
  • Higher Education.
  • Real Estate and Construction.
  • Retail.
  • Technology.

What is DC unemployment rate?

Washington, DC – The District of Columbia’s Department of Employment Services reported today that the seasonally adjusted preliminary unemployment rate was 6.7 percent in July 2021; this was a decrease of 0.3 percentage points from the revised June 2021 rate of 7.0 percent.

What is the second biggest industry of Washington DC?

Washington, D.C. In late 2017 it was calculated that the federal government employed 364,000 people in the D.C. area, a figure which has actually decreased year on year. The second largest industry in D.C. is local government, which is thought to employ around 340,000 people.

Does D.C. have any industry?

In D.C., the industry remains tiny, employing only about 2,800 private sector workers, with an industry concentration approximately nine times less than the national rate. While transportation and warehousing is particularly absent in D.C, the sector has a larger role in several surrounding counties.

What is Seattle’s main industry?

The Seattle metro area has a strong base of established industry sectors, such as aerospace, information technology, and retail. It’s also a center for creative and emerging industry segments, such as interactive media, music, and clean technology.

What is NYC unemployment rate?


Last Value 10.50%
Last Updated Sep 1 2021, 19:47 EDT
Next Release Sep 29 2021, 10:30 EDT
Long Term Average 7.83%
Average Growth Rate 4.06%

What is the main export of Washington DC?

In 2020 the top exports of Washington, Dc were Aircraft parts nes ($960M), Composite diagnostic or laboratory reagents, nes ($222M), Commodities not specified according to kind ($168M), Blood, human or animal, antisera, other… ($133M), and Spacecraft: (including satellites) and suborbital and… ($106M).

What state has the most industry?

State Leaders in Manufacturing Jobs – Highlights:

Table 1: Weight: Table 2: Concentration:
Share of Total U.S. Manufacturing Jobs
Manufacturing Jobs Per Million Residents of the State
1 California 83.4
2 Texas 79.8

Is Washington, DC considered a state of its own?

Washington is the city, and it was incorporated as a city in the early 19th century. The District of Columbia is a District created by Congress, and it is neither a city nor a state.

What are the economics in Washington State?

The nation’s largest concentration of STEM (science, technology, engineering and math) workers reside in Washington state. The state has a large volume of seaborne foreign trade with Asia. Leading economic sectors are Government, Real Estate and Rental Leasing, and Information; manufacturing comes fourth (8.6% of the state’s GDP).

What is the economy of Washington State?

Washington economy is a set of human and social activities and institutions related to the production, distribution, exchange and consumption of agriculture and industry goods and services.

Share this post