DC’s Brainpower Advantage

Posted by & filed under Blog, Front Page, Research.

The Business Journal recently released a study measuring total brainpower in 102 metro markets. It’s not 100% clear from the study, or this chart, whether they’re referring to DC proper or to the national capital region, but either way the results are impressive. Washington wins the brainpower battle by a fairly significant margin. This bodes… Read more »Read more

Learning from the Competition

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By Dave Oberting In his five year economic development strategy document, DC Mayor Vince Gray set the goal of making the District of Columbia the largest technology center on the eastern seaboard. That puts us in competition with places like Research Triangle Park in North Carolina, New York, and Boston. For guidance on how the… Read more »Read more

Congressional Budget Office: 2014 Minimum Wage Report

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This report from the Congressional Budget Office confirms what logic already dictates: Increasing the minimum wage causes a reduction in the number of minimum wage jobs. That’s the tradeoff involved in raising the minimum wage. The bigger the raise, the more jobs are jeopardized. We have been working under the assumption that proponents of a… Read more »Read more

2013 Q4 Venture Capital Report

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In the 4th quarter of 2013, the greater Washington region received $313 million in venture capital investment. That money went to 54 different companies in the region. That ranks 9th overall in terms of investment in different areas of the country, and it accounted for 3.74% of all venture capital investments in Q4. By comparison,… Read more »Read more

Micro-Manufacturing is Here

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The McKinsey Global Institute provides insight into the growth of micro-manufacturing, a technology and industry with serious applications for the District of Columbia. McKinsey — 3D Printing Takes ShapeRead more

3D Printing, the District and Growth

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For decades, the District of Columbia has been frozen out of manufacturing by high real estate prices and a general lack of space. The District is 67 square miles of densely packed urban life. Any serious form of manufacturing has always seemed out of reach, but welcome to the revolution. We sit at the dawn… Read more »Read more

The Economic Growth DC Foundation

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Economic Growth DC is pleased to announce the launch of its charitable foundation, the Economic Growth DC Foundation. The foundation engages in policy research and programming in the areas of education and workforce development. Visit our new website at http://egdcfoundation.org.Read more