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Washington economy could be slowing down, report finds

From The Frederick News-Post:

After years of steady growth, the Washington region’s economy may be slowing down, according to a study from a regional economist.

Economic indices show that after 42 months of year-over-year gains, economic growth in early 2018 may be subdued, according to a monthly report from the Stephen S. Fuller Institute, at George Mason University.

An index showing the current state of the region’s economy for September dropped for the second consecutive month.

Meanwhile, an index designed to predict the region’s economic performance in six to eight months has slowed significantly since July, indicating that the region’s economic growth may continue through at least the first few months of 2018 but the growth might be slower than in recent years.

Concerns about the federal budget process remain the area’s greatest source of economic uncertainty, according to the report.

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