It’s a legitimate question.

After all, some people have done a pretty good job of turning “corporation” into a dirty word. And some companies brought that on themselves. Especially large financial institutions that played Russian roulette with the mortgage market. But the vast majority of private for-profit and non-profit enterprises in the District are small ones that were battered by the great recession only to be slammed again with a two year’s and counting local recession.

Even against these headwinds, the private sector contributed $22.5 billion to the well-being of District residents in 2013. The attached economic fact sheet tells the story. The next time you’re at your corner market, consider saying thanks.

DC Economic Fact Sheet