While New York Bleeds Washington Thrives - Yahoo! Real Estate -- Daily Pundit
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%.
This is not good news.
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My Comment: Washington DC truly exists in a totally different world.