The Slowdown in Payroll Job Growth Continues in October

Between October 2016 and October 2017, the Washington region added 46,400 payroll jobs. Monthly over-the-year gains in the region have slowed since peaking in July 2017. October followed September’s trends and gains this fall were relatively weaker than during the summer in the Education Services and Entertainment sub-sectors.

Schar School Stat: Home Sales Price in the Washington Region

The average sales price in the Washington region was $466,430 for existing homes sold between January and October 2017. Compared to the same period in 2016, prices increased 4.0 percent, marking the largest gain since 2013.

Stephen Fuller Sees A Crisis Coming To The D.C. Economy. Can It Be Avoided?

From Bisnow: A reversal of D.C.’s migration patterns combined with a reduction in federal spending could prove disastrous for the area’s economy, but its economic development leaders are brainstorming some new ideas to help the economy grow. The Stephen S. Fuller Institute released a report in September that showed more people are leaving the D.C. region than moving to it. Over the last

Press Release: New Report on the Changing Nature of Work

Arlington, VA— Each month jobs numbers are reported to provide insight into the status of the economy. A new report from The Stephen S. Fuller Institute reveals that with the rise of the gig-economy the nature of work may be changing, yet the way in which we monitor our economy has not. So, while job

Non-Employer Establishments: What Work Do They Do?

The work performed by non-employer establishments in the Washington region mirrored that of employer establishments in 2015. The distribution of establishments, the value to the worker/owner and the relative concentration was similar for both non-employer and employer establishments. The key differences were the result of sub-sector concentrations that reflect both traditional gig economy work, real estate brokers, and the rise of the new, tech-enabled gig economy worker, especially Uber/Lyft drivers.