8legs: University of virginia weldon cooper center for public service

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Northern Virginia’s slowdown weighs on state economy, amid federal workforce shifts - WTOP News

Virginia’s economy is forecast to grow only 0.3% in 2026, marking a slowdown from 2025.
Northern Virginia’s federal workforce presence is a key factor in the regional and state economic outlook.
The University of Virginia center projects a statewide job loss of about 10,300 and an unemployment rise before 2027.
Housing market slowdowns in Northern Virginia may continue amid federal workforce shifts.
Experts say policy changes at state or federal levels could alter the forecast.
Northern Virginia is expected to play a major role in Virginia’s recovery later in the year.
The Weldon Cooper Center released its quarterly forecast detailing 2026 and 2027 projections.
The forecast anticipates a rebound of about 1.6% in 2027 after 2026 slowdown.
Officials highlight the sensitivity of Virginia’s economy to federal staffing decisions.
The forecast emphasizes Northern Virginia’s housing market and job growth as critical to the state outlook.

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