From The Washington Business Journal: With the stroke of a pen President Donald Trump erased potentially $882 million from the D.C.-area economy for 2019. At least, that’s the estimated economic impact from Trump’s cancellation of 2.1 percent federal pay increases that were to kick in on Jan. 1 for approximately 364,300 federal employees in the region, according to…
From The Washington Business Journal: Long-marinating plans to diversify Greater Washington’s economy beyond its outsized dependence on the federal government got a shot in the arm Wednesday with the news that Micron Technology Inc. will invest $3 billion at its Manassas manufacturing plant and create 1,100 new jobs. That the catalyst is a manufacturing initiative — in this case, a…
From The Washington Business Journal (subscription required): Thirty years ago, despite the emergence of Tysons Corner as an edge city, Fairfax County was still very much a suburb of Washington, D.C. But under the leadership of Fairfax County Economic Development Authority President and CEO Gerald Gordon, the county has been transformed over three-plus decades into a national…
From The Washington Post: For the eighth consecutive year, the nation’s capitol has topped its own tourism record. D.C government recently reported that about 20.8 million people visited the city from across the United States, a 4.2 percent jump over 2016, again setting a record for tourists visiting the city in a given year. The organization…
From The Frederick News-Post: The Washington, D.C. region’s economy should be strong through at least the end of the year, while homes in Washington’s Maryland suburbs, including Frederick County, continue to sell even as fewer of them are available, according to data released this week. The Washington region’s economy registered its strongest growth of the year…
