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 …
This month we take a quick peek at some retail market headline numbers, compare the region’s growth to that of some peer regions, and discuss some developing trends in the County’s struggling office market. checking in at the quarter pole We’ve been “getting down to brass tacks” on some of the economic policy issues facing …
This month, we dive into some topics we’ve touched on recently – the economic and fiscal impacts of inclusionary zoning; social and political sorting; and agglomeration effects in the economy. This month’s grab-bag of analysis isn’t really a random assortment of observations so much as a group of related items, but it is still flotsam …
In this edition, we take a brief tour of the past 20 years of regional growth. Having used much of my monthly allotment of words in last week’s think piece, I’ll keep this one brief. Total Employment In terms of total employment, MoCo was 17.50% of regional total employment in 2001 and has since steadily …
MOCO VERSUS MARYLAND AND THE METRO AREA – A 20-YEAR HISTORY Read More »
In this MoCo Economy Watch, we try to untangle a gordian knot – the relationship between the local economy and government taxing and spending. Local taxing and spending do impact local economic performance. Today we’re going to dig into the literature and explore how and why that happens. local taxing and spending decisions actually affect …
A PRIMER ON LOCAL ECONOMIES AND GOVERNMENT TAXING AND SPENDING Read More »
There are more than 3,000 counties in the U.S., but the jobs in private sector R & D (NAICS 54171 – Research and development in the physical, engineering, and life sciences) are concentrated in a small number of them. To illustrate, the top 20 counties (ranked by June 2021 employment below) account for 45% of …
In this month’s Flotsam and Jetsam, we explore a variety of topics, including: the state of the multi-tenant Class A office market, evidence of the growing gap between Boston and the DMV, and some more data about the really steep decline in MoCo’s real estate industry. Headline numbers Multi-tenant office vacancy, availability & net absorption …
In this installment we zero in on the “macro” context by looking at the local competitive effects that are evident in the data. What we see is that national economic trends and national industry-level trends indicate that the County’s economy should be a lot stronger than it is. The analysis confirms the thesis that the …
This month we kick off our 2022 Flotsam and Jetsam series – assorted economic observations that are relevant to MoCo’s economy and “body politic.” There hasn’t been a lot of local or regional economic data worth spending time on this month, so we’ll focus on some of the trends that will shape the next few …
