Preliminary Assessment of The Economic Impacts of New American Legion Bridge Construction

The following summarizes the findings of an analysis prepared by the Center for Regional Analysis (CRA) at George Mason University. This preliminary assessment examines the regional economic impacts and tax contributions associated with programmatic spending for the construction of 37 miles of new managed toll lanes along I-495 and I-270 in Maryland, including building a new American Legion Bridge. The analysis is preliminary as the project is still in its Predevelopment phase. Key data assumptions and methodologies are listed below along with our findings.

Read the Report Here

What does the Post Covid-19 Return to Work Look Like?

COVID has forced the public sector to rapidly adapt to a largely telework environment.  Most Federal workers and contractors have transitioned to working remotely.  Join Professor Tojo Thatchenkery  and a panel from various fields (including Dr. Terry Clower of the CRA) discuss what 2021 and beyond holds for a return to the workplace. 

Register Here

 

The Economic Impacts of Parks

This report details the outputs, economic impacts, and outcomes of the work for the National Recreation and Park Association (NRPA).

This research, conducted in direct collaboration with the research staff of the NRPA, examines the role that local parks play in 21st century local economic development, and adds to the growing body of evidence demonstrating that the benefits of parks extend well beyond their role as a public amenity and an enhancement to quality of life in their communities. In this research report, we present our analysis of the economic and fiscal impacts of local park and recreation system spending on state and national economies.

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Economic and Programmatic Impacts of Virginia Housing

This report details the outputs, economic impacts, and outcomes of the work of Virginia Housing for the state’s economy and households.

Virginia Housing and the research team hope that the details discussed here encourage more households, communities, organizations, and companies to connect with Virginia Housing and continue the growth, reach, and improvement of Virginia Housing’s services. Although the agency ranks among the top state housing finance agencies in terms of economic impact, similar studies show that there is still room to grow. Furthermore, widespread housing shortages and ever-increasing housing costs make the extensions and growth of Virginia Housing’s activities timely and necessary.

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Pocket-Sales Ban and the NVAR Region

The Center for Regional Analysis has been watching inventory listings closely in early 2020 given the implementation of a new rule banning off-mls sales, or “pocket sales”. In this report, we examine the early impacts of the new rule.

Link to the Full Report

Regional Economic Indicators

The Center for Regional Analysis routinely updates data that provide a greater understanding of what drives the Greater Washington regional economy.

View the current set of indicator data charts here 

CRA produces more than 60 charts and graphs summarizing trends in the national and regional economies and housing markets.  Data elements include gross domestic product, jobs, unemployment, consumer confidence, coincident and leading indices, interest rates, sales of existing and new homes, home prices, and regional economic forecasts, among many other categories. CRA develops information concerning both the overall regional economy and focused/select economic and housing data for Northern Virginia, Suburban Maryland, and the District. This set of charts is updated when new data are released.

Regional Economic Indicators

The Center for Regional Analysis routinely updates data that provide a greater understanding of what drives the Greater Washington regional economy.

View the current set of indicator data charts here 

CRA produces more than 60 charts and graphs summarizing trends in the national and regional economies and housing markets.  Data elements include gross domestic product, jobs, unemployment, consumer confidence, coincident and leading indices, interest rates, sales of existing and new homes, home prices, and regional economic forecasts, among many other categories. CRA develops information concerning both the overall regional economy and focused/select economic and housing data for Northern Virginia, Suburban Maryland, and the District. This set of charts is updated when new data are released.