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Greater Washington is facing slowing population and job growth, and potential federal job cuts are hanging over the region like the Sword of Damocles — but there are ways to prepare for possible economic upheaval. "If you don’t really consider merging and leveraging, you are not going to survive," said Rosie Allen-Herring, president and CEO of the United Way of the National Capital Area, at The 2030 Group's Roadmap for the Washington Region’s Economic Future event at the Hay-Adams on Thursday.
Greater Washington is home to some of the richest people on Earth, according to the Forbes list of billionaires for 2017 . The D.C. region is represented 11 times on the list, which ranks the world’s wealthiest ...
President Donald Trump is expected to propose a fiscal 2018 budget Thursday, and early reports out of the White House show it could paint a grim picture for Greater Washington. The Washington Post reported Sunday that Trump's budget — which calls for $54 billion in defense spending with the same amount of cuts in nondefense spending — could cause area employment to fall by 1.8 percent, personal income by 3.5 percent and housing prices by 1.9 percent. The Post attributes those estimates to an economic analysis by Mark Zandi, chief economist for Moody’s Analytics.