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 […]
The Washington DC Metro area sees the fourth straight year of net-domestic outmigration.
A brief summary and pictures from the event.
Dr. Terry Clower spoke regarding the United States Economic Outlook for 2018 at the 26th Annual NOVA Chamber of Commerce Economic Conference.
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. Between 2015 and 2016, the Washington Metro Area GDP grew slower than the national […]
The Growth and Diversification Plan outlines the types of programs best poised to create jobs throughout the Northern Virginia Region. Read the Plan
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 […]