DC is on top of the world… well, almost
According to this Washington Business Journal article, our area’s gross regional product in 2005 was $246.8 billion, leaving us in second place GLOBALLY, behind only Tokyo. Of course, the article pointed out that Tokyo also has 4 times the population of the Greater Washington DC/Baltimore metro area, so one could expect more gross product by a larger group of people. That’s actually quite an accomplishment for our city. So… who says record government spending isn’t good for the economy, especially ours?