Washington keeps adding jobs, but economists say they’re the wrong kind

From The Washington Post: The Washington-metropolitan area added 60,300 jobs in the one-year period ending in June, according to new government data released Friday, as unemployment held steady in the District and declined in Maryland and Virginia. Suburban Maryland added 26,100 jobs, the District tallied 19,100 and Northern Virginia counted 15,100 new positions. In keeping with the

D.C.-area companies are sitting on lots of cash — but some is trapped overseas

From The Washington Business Journal: Greater Washington companies may be sitting on tens of billions in cash — but much of it is held overseas to avoid the tax consequences of bringing it back stateside. Publicly traded companies in the D.C. area are sitting on about $160 billion in cash, according to their Securities and

Audio: Dr. Stephen Fuller on WMAL

Listen to Dr. Fuller as he discusses the Washington region’s declining economic brand with Steve Burns of WMAL on July 14, 2017:   Note to Chrome web browser users: Audio will not play in some versions of Chrome. We are working on a fix. To listen, please use another browser. Our apologies for the inconvenience.

Report signals slower growth in DC economy

From Federal News Radio: The D.C. region’s economic growth is slowing down, but not reversing just yet, according to a report by George Mason University’s Stephen S. Fuller Institute. To get a grip on what’s going on and how to fix it, What’s Working in Washington sat down with Andy Medici, business reporter for the Washington Business Journal. “If

Is Greater Washington’s status declining?

From The Washington Business Journal: If economic growth were a foot race, Greater Washington would clearly be getting winded — its gross regional product has grown less than any of the top 15 metro areas since 2010. That puts the region well below Boston, Atlanta, Seattle, Houston and Dallas, according to the most recent study