Federal Spending Keeps Washington's Economy Growing In 2002

This report analyzes the substantial increase of federal spending in the Washington area during 2002 and how this boost cushioned the area's economy during a national recession.

1 minute read

October 10, 2003, 2:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

This report by Stephen Fuller analyzes the substantial increase--by $8.25 billion, or more than 10 percent--in federal spending in the Washington area during 2002 and how the boost cushioned the area's economy during a national recession. "No other major metropolitan area registered net job gains in 2002, and the region's unemployment during the year remained low.

Thanks to Elena Sheridan

FULL STORY: Federal Spending Keeps Washington's Economy Growing in 2002

Thursday, October 13, 2005 in The Brookings Institution

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