Washington D.C. Area Economic Forecast

Even as it slows down from rapid growth in 2004, the economy of the Washington D.C. area will expand faster than the rest of the nation.

"A boom in federal spending caused the region's economy to grow at an exceptionally strong 4.4 percent rate last year, say researchers at the George Mason University Center for Regional Analysis, the fastest pace since 2000. But the researchers expect that federal spending will grow at a more measured pace in the years ahead, and that the impact of low interest rates, skyrocketing housing prices and recent tax cuts will fade."

Thanks to Abhijeet Chavan

Full Story: Area's Economy to Fly, But Not as High

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 7 different cities.
$22.00