DMV Spotlight on 5-11-2025 shines a light on the DMV Regional Economic Outlook. Guest, Dr. Terry Clower, Economist and Professor of public policy at the Schar School at George Mason and the Director of the Mason Center for Regional Analysis offers insight on last month’s Washinton Economy Watch from the Stephen S. Fuller Institute  for April 2025.

Dr. Clower points to uncertainty in the job market based on Federal cuts and layoffs, though points out the full impact is not yet reflected in the current data. Dr. Clower also notes declining numbers in both Consumer Confidence due to tariff uncertainty adding that regional travel data shows air travel at Reagan National and Dulles International airports both falling.

A shift in the growth sectors of the regional economy is needed says Dr. Clower.

Learn more: https://cra.gmu.edu/

See omnystudio.com/listener for privacy information.