Why D.C. developers will feel the hit from a shrinking pool of millennials

From The Washington Business Journal: More millennials are leaving Greater Washington than moving in, and that could spell trouble for commercial real estate developers across the region. Those young professionals helped the region avoid oversaturation of new apartments, but the diminishing pool will likely shrink demand for those units, among other potential consequences, according to Greg Leisch,

Economic advice for Prince William: Build high-quality walkable communities

From Inside NOVA: Prince William County leaders may need to re-think the sort of housing developments they’re luring to the area if they truly want to grow the county’s economy, according to a leading researcher on the economics of the Washington, D.C. area. Stephen Fuller, the director of his own economics institute at George Mason

Report: Region’s strong economy expected to continue

From The Frederick News-Post: The Washington region’s economy should continue to expand through at least the first quarter of 2018, on track to record its strongest performance since 2010, according to a report from one of the area’s leading economists. “The performance of the region’s forward-looking indicators continues to suggest stronger growth six to eight

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