In this edition of Mo Co Economy Watch, we provide an update on recently released 2021 GDP and Personal Income statistics. The numbers illustrate that the region is capturing a shrinking share of national growth. After adjusting for inflation, Mo Co’s economy is still smaller than it was a few years ago. That said, the …
In this edition of Mo Co Economy Watch, we provide some year-end updates on real estate markets and labor/employment data. These are some of the best “high frequency” indicators that we have regarding the (more or less) current state of the local economy. The data confirm that a significant chunk of the region’s negative net …
This month, we look at the current state of the Mo Co Class A multi-tenant office market (horrible!), explore how deep a local recession could be (really deep!), take a look at some recent-vintage personal consumption data for Maryland (lagging!), touch briefly on the Council’s approval of Thrive 2050 (let’s move on, people!), and review …
In the second part of our recession series, we meander through the Great Recession…from trough to peak and back to trough again. We focus on the “slow burn” – how long it took for the whole episode to unfold, how difficult it was to know when to start worrying, and how long it took after …
Probably! In this edition of Mo Co Economy Watch, we’ll touch on what a recession is, how economists determine whether the U.S. economy is in a recession, think about how to apply that logic to a local economy, and identify the factors that could buttress the local economy in the event of a national and/or …
This month we check out some recent stories and trends related to the federal real estate footprint and slowing job growth. These trends indicate some significant headwinds for the region. Does Mo Co have a plan to address them? HEADLINE NUMBERS Mo Co has been a real drag on the region’s economy, but what’s new? …
In this edition of Mo Co Economy Watch we take a look at: the D.C. area’s rate of growth relative to other major metropolitan economies; private sector employment relative to the beginning of the Elrich administration and pre-pandemic period; and look for signs of a booming economy in the local office market. In general, these …
MO CO ECONOMY WATCH: AUGUST/SEPTEMBER 2022 UPDATE ON THE MACRO Read More »
In this edition we (1) examine Class A office values and cap rates; (2) review the 4th quarter 2021 Quarterly Census of Employment and Wages and what they say about the state of Mo Co’s economy overall and some specific industries; (3) check in on the 2018 County Business Patterns and non-employer statistics and what …
This month we take a look at MoCo’s share of the region’s large, publicly traded companies; celebrate the news that households overall are in a strong financial position; worry about declining real earnings; examine some indicators of local economic stagnation; and share some reflections on the state of democracy. LARGE PUBLICLY TRADED COMPANIES IN THE …
MAY/JUNE 2022 FLOTSAM AND JETSAM: TWO FOR THE PRICE OF ONE! Read More »
This month’s MoCo Economy Watch is a meditation on some issues related to the shifting ground of public and private sector roles in the economy and how that change could play out in the years ahead… In the years to come, I imagine that think tanks, academics, and “public intellectuals” will add a great deal …
