Economics Commons^™

Part 2: Northern Virginia: Standing At A Fork In The Road, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Direct federal employment and procurement spending accounts for almost 40 percent of all economic activity in Northern Virginia, which in turn accounts for more than 40 percent of all economic activity in Virginia. Sequestration has hobbled Northern Virginia’s growth. However, George Mason University’s leading economic index suggests better times are on the horizon.