On September 22, 2025, the 2025 State of Business Report was cited by Fox 5:
D.C.’s economy is at a “pivotal point,” according to the latest D.C. Chamber of Commerce 2025 “State of Business Report,” released for Monday’s “State of the District and Region” Conference.
The Chamber’s president and CEO wrote in an opening letter to the 2025 business report: “The DC Chamber’s 2025 State of Business Report: Investing in Growth arrives at a pivotal moment for our city that demands bold action.”
Some of the report’s executive summary reads:
“Since the pandemic, the District has made important progress. The city has regained some ground as a physical center of regional work, and office occupancy rates have stabilized at around 50 percent of pre-pandemic levels. However, core office submarkets like the Central Business District and Georgetown face annual vacancy rates nearing 20 percent or higher. Annual office rents, when adjusted for inflation, have declined, reflecting weak demand and landlord concessions to retain tenants. Entrepreneurial activity has also slowed. The number of net new business establishments dropped by 69 percent between its 2021 peak and 2023, and business applications have also fallen from their highs early in the pandemic.”
Read More: DC’s economy at a ‘pivotal point,’ per DC Chamber of Commerce report
Additional reading: 2025 State of Business Report: Investing in growth