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A 2023 recession would still hurt Washington | Axios DC

January 18, 2023
  • D.C. Policy Center

On January 18, 2023, D.C. Policy Center Executive Director Dr. Yesim Sayin was quoted by Axios DC:

Conventional wisdom says that Washington is recession resilient thanks to Uncle Sam. Federal spending and jobs helped us stave off the worst during the Great Recession.

But relying on the federal government isn’t what it used to be, local economists who are concerned about a 2023 slowdown tell Axios.

For one, federal workers staying remote means the District is “no longer as protected” from a recession as it was in the past, says Yesim Taylor, head of the D.C. Policy Center.

Read more: A 2023 recession would still hurt Washington | Axios DC


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Established in 2016, the D.C. Policy Center is a non-partisan research and policy organization committed to advancing policies for a strong and vibrant economy in the District of Columbia. Through rigorous research and collaboration, the D.C. Policy Center develops and tests policy ideas, disseminates its findings, and engages in constructive dialogue and debate.

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