Population Change in 2020

Download Full Report as a PDF>> As of April 1, 2020, the Washington region was home to 6,371,325 residents, an increase of 735,093 people and 13.0 percent from April 1, 2010. These totals are the result of the once-a-decade full population count produced by the Decennial Census and are the most complete source of information

Job Change in 2020 & January 2021

Download Full Report as a PDF>> The Washington region lost 197,000 jobs in 2020 and the losses during the pandemic were larger than initially estimated by the Bureau of Labor Statistics. The Leisure & Hospitality sector had the largest percentage losses (-28.8%), followed by Retail Trade (-8.4%) and Other Services (-8.4%); these sectors also had

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

Download Full Report as a PDF>> Health Metrics The 2020 Recession has been the result of a health crisis and the health metrics will continue to determine the speed at which the Washington region’s economy recovers. Specifically, changes in consumer behavior in reaction to the abating health crisis will lead to increased economic activity. These

Fourth Annual Economic Forum

On Oct. 20, 2020, the Stephen S. Fuller Institute hosted its fourth annual Economic Forum virtually. The event featured a welcome by Dean Mark Rozell, Schar School of Policy & Government, an introduction by Bob Buchanan, President, 2030 Group, and a presentation by Jeannette Chapman. Materials from the event are available below. View Agenda The

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.