Local Economy
What do local economic influencers, academics, government institutions and the experts who can help have to say about our local and regional economy, business conditions, solutions and outlook ahead.
The NOVA Economy and Business Leaders – “Things Aren’t as Good as You Think They Are”
Local business leaders at a state of the Northern Virginia economy panel by the Mount Vernon-Springfield Chamber of Commerce remarked on the very negative state of the economy in the DC region, without much positivity looking forward, without significant regulatory reform and policy changes.
March Mid-Atlantic Service Sector Results – Negative
March 2024 Non-Manufacturing Services Sector in the Mid-Atlantic and Virginia – all trends are static or negative, really not looking good at all. “Bidenomics” is officially a bust – time for major change.
Practical Climate Change Investments for Northern Virginia Businesses: Cost-Effective Solutions to Make a Difference
Title: Climate Change Investments: Cost-Effective Solutions for Northern Virginia Businesses Excerpt: As the threat of climate change continues to loom large, businesses in Northern Virginia are seeking practical and cost-effective solutions to mitigate its impact. With the aim to make a significant difference, innovative strategies and investments have emerged, empowering companies to tackle this global challenge head-on. By adopting sustainable practices and embracing renewable technologies, local businesses can not only reduce their carbon footprint but also secure long-term economic stability. Discover the practical climate change investments that are revolutionizing Northern Virginia’s business landscape, paving the way for a greener future.
Mid-Atlantic Non-Manufacturing Services – March Deterioration per Richmond Fed Survey
March non-manufacturing services economic and business outlook deteriorating – per Federal Reserve Bank of Richmond survey.
Wells Fargo – Downstream Ripples of Economic Uncertainties
Wells Fargo institutional advisor alerts – this week in banking challenges. Hold a defensive position.
Fed Reserve Bank of Richmond – CEO Updates; Need to “Talk With People and Business Owners”
Federal Reserve Bank of Richmond – CEO Discussion, Points at Slower De-Inflation Likelihood
Small Businesses – Optimistic on Growth, Pessimistic on Economy & Workforce
A recent Goldman Sachs business survey inclusive of Virginia small businesses identifies competing forces – high confidence and energy to grow, in the face of persistently negative economic, inflation and hiring forces.
Persistent Softness in Regional Business Economy – February 2023 To Do’s
Despite the recent report from Governor Youngkin with some promising Virginia jobs and employment data through 2022, other regional economic and business data continues to indicate areas of “softness” for
Alexandria in Strong Financial Condition
Interesting – Alexandria in a strong economic position, as reported by the Zebra and multiple financial institutions. Curious how this position aligns with also reported stress on businesses of all