Recession Aftermath: The Rise and Fall of the Washington Region

From Inside Sources: Washington D.C. has fueled resentment as the nation’s capital continued to show economic strength even as much of the country struggled. But what’s often overlooked is it has since dropped from its place at the top. The Great Recession is one of the most severe economic downturns in American history. Washington D.C.

Greater Washington is not attracting young adults like it used to

From The Washington Business Journal: Greater Washington is slipping when it comes to attracting and retaining younger workers. In 2016, the region added 53,508 people, about 0.9 percent growth, but most of that came from older populations, according to data from the Stephen S. Fuller Institute at George Mason University. Greater Washington actually lost about 2,000 people

Washington economy’s pull may be fading, study says

From The Frederick News-Post:  A report released earlier this month suggests that the Washington region’s economic impact has been fading compared to the influence of its metropolitan peers around the country. The Houston metropolitan area’s economy is projected to move ahead of Washington’s in 2018, and Washington is expected to drop to sixth place, ahead

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