Meredith Gavin / April 25, 2025
Chart of the week: Changes to federal contracts would have outsized effect on regional economy
Meredith Gavin
/ April 25, 2025
Chart of the week: Changes to federal contracts would have outsized effect on regional economy
Washington, D.C., and the broader metropolitan area are undoubtedly and disproportionately impacted by federal budget cuts and reductions in force. The District’s recently downgraded credit rating and reduced revenue estimates exemplify the direct consequences of federal downsizing. While the federal reduction in force creates profound challenges for metropolitan area residents and contributes…