Reply to WaPo Data show D.C. area is feeling toll of federal spending cuts

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Uh, ya think?[/quote]

Yeah, but  now there's actual data show it's affecting everything...

[quote]Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.[/quote][/quote]

Who is sharing this data? If T's in charge, I won't trust the data. But I suppose he would not release anything bad, so maybe this data is real.

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