Current Economic Conditions in the District of Columbia

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  When a visitor comes to the District, they look around and see dozens of construction cranes, 300 shiny new restaurants opened in just the last two years and inevitably think the District must be booming. There are certain segments of the economy that are doing well and affluent residents have benefitted tremendously, but there is… Read more »Read more

The District’s Economy by Industry 2014

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State-level GDP figures for 2014 were released on June 10th. Click below to see how the District’s $105.02 billion economy is broken down by industry. Economic Growth DC is working with the District’s Office of Tax & Revenue to properly define, classify, and calculate the District’s “technology” sector, as well as the “creative economy.” The industries highlighted… Read more »Read more

CRA: Regional Wage Report

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George Mason University’s Center for Regional Analysis published today a report on wages in the Washington, DC metropolitan area. After three years of annual declines, the average wage in the metro area increased between 2013 and 2014. Click here for more: CRA — Regional Wage ReportRead more

CRA: Cognitive Dissonance and the Future of the DC Rental Market

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This study of the future of the Washington, DC housing rental market was performed by Jack Kern of the Center for Regional Analysis. It explores the factors that influence how renters make decisions about where to live and looks at how those decisions change over time. Rental Market Analysis — Center for Regional Analysis 5-20-15Read more

McKinsey: Public-Sector Digitization

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This report from the McKinsey Global Institute looks at the challenges and opportunities that will exist for the rapid digitization of government services over the next fifteen years. McKinsey — Public-Sector Digitization — The Trillion-Dollar ChallengeRead more

Automation, Jobs & the Future of Work

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So here is a discussion from the McKinsey Global Institute on an issue we’ve covered at length; the idea of the automation of existing jobs and the creation of new ones to replace them. Automation – Jobs – and the Future of Work Our Automated FutureRead more