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Given the immediate concerns about sequestration and the long-term outlook of reduced federal spending, the COG Board of Directors made economic competitiveness its top priority.

After months of input from industry leaders, area economic development directors, and experts, the Board approved Economy Forward, a five point plan to strengthen the region's economy.

Economy Forward calls on COG to work with its partners to advance the following actions:

  1. implement the TPB's Transportation Priorities Plan to produce sustainable funding strategies,
  2. implement a plan to guide more efficient investments in the region’s Activity Centers,
  3. address the mismatch between available jobs and a skilled workforce with new industry and labor market data,
  4. develop a new brand that promotes the region’s economic diversity,
  5. and work with senior Administration officials to identify an official to serve as a federal-regional liaison to improve partnership.

Click here to download the report.

Economy Forward Learning Sessions

The COG Board held sessions with area economic development directors, industry leaders, and other experts as it examined the region’s economic outlook, competitive advantages, and barriers to success. The sessions informed COG's final report, Economy Forward.

LEARNING SESSION 1: Washington Area Economic Outlook March 14, 2012

Panelist:
Dr. Stephen Fuller, Director, Center for Regional Analysis, George Mason University

Dr. Stephen Fuller on the current state and future of the Washington, D.C. region's economy from COG Video on Vimeo.

LEARNING SESSION 2: Opportunities To Better Integrate Local And State Economic Development Strategies April 11, 2012

Panelists:
Dominick Murray, Deputy Secretary for Business and Economic Development, State of Maryland

Brian Kenner, Chief of Staff for Deputy Mayor for Economic Development, District of Columbia

Tom Flynn, Economic Development Director, Loudoun County

Terry Holzheimer, Economic Development Director, Arlington County

Steve Silverman, Economic Development Director, Montgomery County

Gene Lauer, Economic Development Director, Charles County

Assets and Challenges for the Metro DC Region's Economy from COG Video on Vimeo.

Assets and Challenges for the Metro DC Region's Economy (Q & A) from COG Video on Vimeo.

LEARNING SESSION 3: Metropolitan Washington's Competitive Advantages May 9, 2012

Panelists:
James Dinegar, President and Chief Executive Officer, Greater Washington Board of Trade

Mark Treadaway, Vice President of Air Service Planning and Development, Metropolitan Washington Airports Authority

George Vradenberg, Co-founder and Vice Chair, Chesapeake Crescent Initiative

Metropolitan Washington's Competitive Advantages from COG Video on Vimeo.

Supporting documents:
Greater Washington: 2011-2012 Regional Report by the Greater Washington Initiative

LEARNING SESSION 4: Industry Leaders Panel June 13, 2012

Panelists:
Michael Knapp, Chief Executive Officer and President, Orion BioStrategies, Inc.

Robert Templin, President, Northern Virginia Community College

Sarah Oldmixon, Director of Workforce Initiatives, The Community Foundation for the National Capital Region

Bruce Gudenberg, Vice President of Partnerships and Alliance, Destination DC

Economic Growth & Competitiveness for Metropolitan Washington (Part 4) from COG Video on Vimeo.

LEARNING SESSION 5: Industry Leaders Panel July 11, 2012

Panelists:
Kathy Broadwater, Deputy Executive Director, Maryland Port Administration in Baltimore

Stuart L. Solomon, Managing Director Metro Washington Office, Accenture

George Schu, Senior Vice President, Booz Allen Hamilton

Joe Vidulich, Public Policy Manager, Northern Virginia Technology Council

Candace H. Duncan, Managing Partner, Washington Metro Area, KPMG

Economic Growth & Competitiveness for Metropolitan Washington (Part 5) from COG Video on Vimeo.

 

 
 
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“Because we knew reduced federal spending was a real possibility, area leaders decided to be proactive and start preparing our region for significant, long-term changes. We developed Economy Forward, a plan to help diversify our region’s economy, build on emerging industries, and attract and retain new businesses and workers.”

- Karen Young, Chairwoman of the Board of Directors of the Council of Governments & President Pro Tem of the City of Frederick, MD Board of Aldermen

"We stand to lose up to 15 percent of the jobs in metropolitan Washington. A hit like that will have a major negative impact on our present and future growth."

- Frank Principi, Immediate Past COG Board Chairman & Prince William County, VA Supervisor

"The District’s economy will suffer significantly if Congress does not find a solution to prevent sequestration from taking effect. The District of Columbia and our entire region, for better or for worse, depend to a significant degree on federal spending. "

- Vincent Gray, Immediate Past COG President and D.C. Mayor

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