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Real Per Capita Personal Income and the Cost of Living in the Washington Region

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Population Change in 2020

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Job Change in 2020 & January 2021

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The Washington Region’s Economic Recovery: A 1Q 2021 Update

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The Washington Region’s 2020 Recession & Near-Term Outlook

The 2020 economic recession is the result of the COVID-19 pandemic; activities that were previously safe became higher risk, or had higher uncertainty about their safety, and consumers and businesses changed their behavior in response. This health crisis is not yet resolved and its trajectory will continue to be the main factor in the economic recovery. Similarly, the improving understanding about which activities pose the highest risk and actions that can be taken to mitigate risk will continue to alter consumer and business preferences.