Look out, New York. Washington is gaining on you. As the nation’s most populous metro area feels Wall Street’s pain, the fourth-largest—Washington—is barely sensing the recession. In fact, Moody’s Economy.com estimates that metro Washington’s economy will actually grow 2.5% from mid-2008 through mid-2010. New York’s economy is expected to shrink 4.2%.
DC Thrives as NYC Dies?
Previous post: Dow Hits 6 Year Low