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

Great Expectations: Why Are Millennials Moving Out Of the Washington Region?

From The Kojo Nnamdi show: After the Great Recession and during the Obama presidency, millennials flocked to the nation’s capital in droves. Symbolically, the district represented change and idealism. Practically, it was also a hub for jobs. Local leaders welcomed them, marketing the city as a hip home where they could start their careers. But

What Are the Economic Consequences of a Reduction in Federal Spending?

Download as a PDF With Congress debating the FY 2018 Budget and a tax reduction plan moving through Congress as well, there is an increasing likelihood that federal spending patterns in the Washington region will change in either magnitude (value) or distribution among agencies and programs or both in the coming year and beyond.  This

Greater Washington keeps adding jobs — just not the right kinds

From The Washington Business Journal: Greater Washington has a jobs problem. It’s not the overall number of jobs the region continues to add month after month, including 67,600 added on an annual basis in August, it’s that these jobs pay less and contribute less to the economy — and that can cause problems for the