Article: Further Cuts in Federal Spending Won't Derail Washington's Economy

Cutbacks in federal spending, while perhaps not the ultimate test of the Washington economy's strength, provide further proof that the source of the region's fortunes has matured.

For the past two years, the federal government has curbed spending for goods and services in the area and there has been barely a ripple in the local economy as a result. At least no one has yet come up with evidence to support the claim that a drop in federal spending has severely hurt the region.

It's a given that federal procurement is an important factor in the local economy. Yet the cutbacks don't seem to be having the adverse effect one might expect. Not even the current slowdown in growth has been ...

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