Community & Economy

Economy

Metropolitan Washington is a dynamic region with one of the strongest economies in the nation, attracting talent and investment from around the globe. For many years, COG has supported closer coordination among officials in the District of Columbia, Maryland, and Virginia in a variety of efforts to help promote the region’s competitive advantages and enhance its economic competitiveness, such as the the competition for Amazon’s second headquarters. In addition, COG tracks a number of economic indicators for its member governments, including employment and inflation rates, as well as multifamily housing and commercial construction trends. 
 

Regional Economic Monitoring System (REMS) Dashboard

COG measures economic growth through the monthly Regional Economic Monitoring System (REMS) Report, which is now available as an interactive dashboard. The report and dashboard include the following data and information:

  • Unemployment rate and total employed persons
  • Employment by industry
  • Inflation rate
  • Housing units authorized
  • Gross domestic product
  • Federal employment

Explore the COG Regional Economic Monitoring System (REMS) Dashboard 
 

Federal Workforce Resources and Data

Changes to the federal workforce have far-reaching impacts in the metropolitan Washington region and have prompted swift action by local and state governments, businesses, and philanthropies to support workers. COG is helping the regionwide response by making available holistic data on the federal footprint through an interactive dashboard as well as information on resources to affected workers and their families.

Explore the COG Federal Workforce Data Dashboard

Access COG’s Resources for Federal Workers 

 

News & Multimedia

  • (Twitter_Post)_Think_Regionally__(3)
    News

    Podcast: The Future of the Economy

    July 13, 2022

    Metropolitan Washington is home to a very highly educated workforce and attracts investment from some of the largest technology companies in the world,...

  • News

    COG updates members on economic impacts from COVID-19

    March 12, 2021

    As the world recognizes the one-year mark of the COVID-19 crisis, local leaders are analyzing the economic impacts of the pandemic in metropolitan Washington.

  • News

    Data shows how region is weathering COVID-19 economic downturn

    July 15, 2020

    Like the rest of the country, metropolitan Washington is expected to feel lasting economic impacts from COVID-19. COG has been tracking some recent positive and...

  • Arlington during COVID-19
    News

    Area leaders focus on COVID-19 reopening and recovery

    May 14, 2020

    Communication and information sharing over the past several weeks among local government leaders has helped lay the groundwork for coordination on addressing...

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