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Business Vital Statistics

The following facts give a broad overview of Fairfax County's business community.

Employment

Payroll establishments (2Q 2011) 33,841
Non-employer establishments (businesses with no paid employees) (2009) 88,596
Number of jobs (2Q 2011) (average employment for quarter) 580,136
Civilian labor force (November 2011) 612,035
Residents working in Fairfax County (2009) 51.7%
Unemployment rate (November 2011) 4.0%


Fairfax County Employment by Industry (2Q 2011)

Professional and technical services 28%
Management and administrative services 9%
Health care and social services 9%
Retail 9%
Educational services 8%
Accommodation and food services 7%
Public administration 4%
Construction 4%
Finance and insurance 4%
Information 4%
Other 14%

Businesses

Number of new start-up firms (2010) 1,654
Foreign-owned firms (2011) 376
Technology establishments (2010) 6,500+
African American-owned firms (2007) 7,714
American Indian- and Alaska Native-owned firms (2007) 460
Asian-owned firms (2007) 18,915
Hispanic/Latino-owned firms (2007) 9,628
Native Hawaiian- and other Pacific Islander-owned firms (2007) 70
Woman-owned firms (2007) 34,242
Veteran-owned firms (2007) 12,014
Associations (July 2011) 300+

Commercial Real Estate

Office space - square feet (midyear 2011) 113.4 mil.
Office vacancy rate (midyear 2011)
   Direct 12.8%
   With sublet space 14.7%
Industrial/flex space - square feet (midyear 2011) 38.9 mil.
Industrial/flex vacancy rate (midyear 2011)
   Direct 12.2%
   With sublet space 12.8%
For additional information, consult the FCEDA Midyear 2011 Real Estate Report.

Federal Procurement

Government spending in Fairfax County (FY2010) $24.3 billion

Sources: Virginia Employment Commission, U.S. Census Bureau 2009 American Community Survey, U.S. Census Bureau FY2010 Consolidated Federal Funds Report, Fairfax County Department of Systems Management for Human Services, Fairfax County Economic Development Authority