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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.[/quote]

What do you do for a living?[/quote]

Business owner. Federal contractor to DoD. And business is really good.[/quote]

Got it. So government money good for you, but not for others.[/quote]

Nope. I actually have to perform and deliver results and compete unlike many govt workers who just have to have a pulse. I can be let go at any time unlike many govt employees who think they have job protection in perpetuity. I could fire a quarter of the workers in that 5-sided building and it wouldn’t make a difference to our military members /warfighters.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics