“More Honest” Economic Growth On Horizon
Dr. Stephen Fuller, Director of the Center for Regional Analysis at George Mason University, gave an informative analysis of the future of the Northern Virginia economy at the Chamber’s March 11 Leadership Luncheon. The event was sponsored by Vanderpool, Frostick & Nishanian, P.C.
During his keynote presentation, Dr. Fuller offered data on economic trends nationally as well as here in Northern Virginia. He stressed that for the national economy, “2014 will be better than 2013, and 2015 will be better than 2014.” Dr. Fuller predicted that this growth will be a slower, “more honest” economic growth, not getting back to 2005 levels until at least 2018, and will largely be driven by “pent up demand [in the housing sector].” Read a recap of the event here. You can also check out Dr. Fuller’s presentation from the lunch here and visit his website for additional economic data.