The Center for Regional Analysis routinely updates data that provide a greater understanding of what drives the Greater Washington regional economy.
Inverted Yield Curves and an Impending Recession
Recently the financial press has had several stories talking about interest rate spreads and inverted yield curves with whispers of the word “recession”. But what exactly is an inverted yield curve and what predictive role does it play in the U.S. economy? The yield curve is the difference in short-term rates like a three-month or 1-year Treasury note and long-term interest rates like on 10 year Treasury bonds. Short-term interest rates paid on Treasury notes […]
DC Region Population Estimates and Components, 2016 – 2017
The Washington DC Metro area sees the fourth straight year of net-domestic outmigration.
26th Annual NOVA Chamber Economic Conference
Dr. Terry Clower spoke regarding the United States Economic Outlook for 2018 at the 26th Annual NOVA Chamber of Commerce Economic Conference.
2016 GDP Growth in the Washington DC Metropolitan Area and Commonwealth of Virginia
The Washington DC Metropolitan Area Continues to Show Lackluster Economic Growth The US Bureau of Economic Analysis released data on 2016 Gross Domestic Product by Metropolitan Area. In 2016, the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area (Hence forth, the Washington Metro Area) had a $449.3 billion economy. This represents an increase of 1.1 percent over the revised 2015 figure of $444.4 billion.[1] Between 2015 and 2016, the Washington Metro Area GDP grew slower than the national […]
Metro Ridership Viewer
Public transportation viability and accessibility are vital to the regional economy, especially in the Washington Region where we currently hold the second longest commute time in the nation. The Washington Metropolitan Area Transit Authority is facing several challenges due to funding, administration, and performance issues, especially with its Metrorail system. As the system continues in a period of line closures (safe-tracking), rate hikes, and funding issues, we at CRA are keeping a close eye on Metro related […]
March Regional Housing Update – Price Gains and Increased Sales
The housing market in the Washington metro area continues to tighten as median sales price is highest March level of the decade, sales and pending sales are at decade highs, and inventory levels decline for the eleventh month in a row March 2017’s median sales price of $420,00 was up 5.3% or $21,000 compared to last year. This is the highest March median sales price of the last decade, easily topping the prior high of $400,000 seen […]
