Non-Employer Establishments: What’s Happening in the Washington Region

Work in today’s economy is conducted in many different ways. It increasingly does not involve a wage or salary job, a single boss, or employment with a company. Non-employer establishment statistics are one supplemental source that gives us some more insight into this phenomenon in the Washington region. These data suggest that the gig economy, self-employed and freelance workers, and independent contractors play a sizable role in the Washington regional economy.

Uneven Job Growth Continues in 2017

Download as a PDF>> Between September 2016 and September 2017, the Washington region added 44,500 jobs, marking the second slowdown in job growth so far in 2017. Monthly over-the-year job gains tend to follow a similar trajectory throughout the year. In 2015, monthly over-the-year gains accelerated before slowing in 2016. Gains in 2017 have not

What Are the Economic Consequences of a Reduction in Federal Spending?

Download as a PDF With Congress debating the FY 2018 Budget and a tax reduction plan moving through Congress as well, there is an increasing likelihood that federal spending patterns in the Washington region will change in either magnitude (value) or distribution among agencies and programs or both in the coming year and beyond.  This

The Washington Region’s Key Economic Challenges

By Stephen S. Fuller, Ph.D. Download as a PDF The performance of the Washington region’s economy has been lagging its peer metropolitan areas since 2010 and a recent report from the U.S. Bureau of Economic Analysis shows the Washington region’s economy has preformed worse than had been previously reported. The principal reason for the Washington region’s