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

Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95

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 $209
DVD Cover of The Story of Sprawl

The Story of Sprawl

See how America changed shape in this collection of historic films that visually document how sprawl evolved.
$29.99 for 2-DVD SET

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00