Washington, D.C.

· A Spring bounce continued to boost job growth and mobility indicators across Greater Washington.
o Sharply higher pedestrian activity was realized in Georgetown, the Riverfront and Wharf, and to a lesser degree, Downtown Washington.
o Metro ridership across the region remained near a pandemic-high, and Downtown Washington Metro stops are experiencing the largest increases in ridership over the past month and year.
o Total employment in Greater Washington climbed 0.2% in March and is only 0.6% below pre-pandemic levels. Leisure and Hospitality employment continues to be a strong driver of growth.
o Office-using industry employment also increased in March. Notably, the District of Columbia and Northern Virginia showed renewed hiring after a winter slump.
· Physical office occupancy remained stable and was slightly weakened by April holidays.
· The latest data continues to show Greater Washington’s resilience, compared to the national economy, but federal government employment growth remained weak.

A major driver of economic activity and market demand in the National Capital Region, U.S. Federal Government employees continue to offer work-from-home practices elevated from pre