City Profile - Washington DC; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.

Washington, the capital city of the US. Washington metropolitan area  is the sixth-largest metropolitan area in the US and has a significant political and economic importance to the national GDP. The area’s economy accounts for 2.8% of the total national GDP. Improvements in professional / business services and real estate are expected to be major drivers of growth.

Synopsis

“City Profile - Washington DC” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Washington DC. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

- The service sector remains the key contributor to the regional economy and the major employer.

Washington is among the key tourist destinations in the US for both domestic and international tourists and experiencing a healthy growth.

- Strong performance is observed in the construction sector with increasing employment, number of building permits issued and building completions.

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21 ...

Table of Contents

City Snapshot 2

PEST Analysis 6

Political 6

Economic 7

Social 16

Technology and Infrastructure 21

Communications 21

Internal Transport Networks 21

Connectivity 22

Airports 23

Business Environment Analysis 26

Travel and Tourism 28

Tourism Flows 28

Hotels 30

Attractions 31

Events 32

Construction and Real Estate 33

Investment 33

Real Estate Market 33

Retail 34

Retail Market 34

Consumption, Income and Prices 34

Appendix 35

Sources 35

Further Reading 35

Ask the analyst 35

About MarketLine 35

Disclaimer 35

List of Tables

List of Tables

Table 1: Washington metropolitan area - key facts (estimates), 2017 2

Table 2: Washington metropolitan area - real GDP growth, 2000-25 9 ...

List of Tables

Table 1: Washington metropolitan area - key facts (estimates), 2017 2

Table 2: Washington metropolitan area - real GDP growth, 2000-25 9

Table 3: Washington metropolitan area - economic growth comparison, (Index 2010=100), 2000-25 11

Table 4: Washington metropolitan area - GDP per capita comparison, 2000-25 (US$) 13

Table 5: Washington metropolitan area - employment structure, 2000-25 (% of total) 15

Table 6: Washington metropolitan area - main universities, 2017 16

Table 7: Washington metropolitan area - population comparison, 2000-25 (million) 18

Table 8: Washington metropolitan area - population by age, 2000-25 (% of total) 20

Table 9: Washington, D.C. - mass transit network indicators, 2017 21

Table 10: Washington metropolitan area - Baltimore/Washington International Airport key indicators 24

Table 11: Washington metropolitan area - Ronald Reagan Washington National Airport key indicators 24

Table 12: Washington metropolitan area - Washington Dulles International Airport key indicators 25

Table 13: Washington, D.C. - Fortune Global 500 companies with headquarters in city, 2017 26

Table 14: Washington, D.C. - overall average asking rents of office space (US$/ft2/annum) 27

Table 15: Washington, D.C. - total visitor spending (US$ billion) 28

Table 16: Washington, D.C. - total visitation (million) 29

Table 17: Washington, D.C. - international visitors by country of residences 29

Table 18: Washington, D.C. - hotel key performance indicators 30

Table 19: Washington, DC - MICE and other events 32

List of Figures

List of Figures

Figure 1: Washington metropolitan area - real GDP growth, 2000-25 8

Figure 2: Washington metropolitan area - economic growth comparison, (Index 2010=100), ...

List of Figures

Figure 1: Washington metropolitan area - real GDP growth, 2000-25 8

Figure 2: Washington metropolitan area - economic growth comparison, (Index 2010=100), 2000-25 10

Figure 3: Washington metropolitan area - GDP per capita comparison, 2000-25 12

Figure 4: Washington metropolitan area - employment structure, 2000-25 (% of total) 14

Figure 5: Washington metropolitan area - population comparison, 2000-25 17

Figure 6: Washington metropolitan area - population by age, 2000-25 (% of total) 19

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