Washington Area Economy Positioned for Faster Growth in 2016
Forecasts for 2016 have the Washington, DC area Gross Regional Product (GRP) outperforming the national economy for the first time since 2010. What’s behind the region’s renewed economy? Click here to access the update.
According to economist Stephen Fuller, Ph.D., the great magnitude and mix of job growth across area business sectors in 2015 and early 2016 have significant income implications, creating increased demand for housing, goods and services – a promising sign of continuing economic growth. Click here to read Dr. Fuller's Economic Update provided to Capital Bank.