By Adam Pagnucco. Last time, we looked at MoCo’s gross domestic product (GDP). Now let’s look at GDP per capita. The U.S. Bureau of Economic Analysis defines GDP as “The…
Economy
132 Articles
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It’s the Economy, Stupid: GDP
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By Adam Pagnucco. In our prior post, we saw how our population growth has stalled – a trend that has also impacted D.C. and parts of Northern Virginia. Now let’s…
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It’s the Economy, Stupid: Population
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By Adam Pagnucco. In each post in this series, we are going to examine one key stat on Montgomery County’s economy. Let’s start with one of the measures that affects…
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It’s the Economy, Stupid: Introduction
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By Adam Pagnucco. I was a young man when I first heard political consultant James Carville utter one of the most famous lines in political history. Carville was a political…
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MoCo Loses Population Two Years in a Row
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By Adam Pagnucco. According to new data released by the U.S. Census Bureau, Montgomery County has lost population two years in a row. That has not happened in a very…
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Do We Want More Housing or Not?
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By Adam Pagnucco. Recently, former Council Member Hans Riemer published a guest column in Maryland Matters claiming that the county council had made “historic progress on housing.” There is no…
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Why I Am Not Excited About Thrive
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By Adam Pagnucco. Few issues have been more debated by county leaders and activists over the past three years than Thrive 2050, the long-term growth plan just passed by the…
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By Adam Pagnucco. In Part Three, we learned that rising average wages during the pandemic are likely a sign of growing income inequality as job losses are concentrated in lower…
3 Min Read
By Adam Pagnucco. In Part Two, we identified one reason why average wages have been rising during the COVID recession: job losses have been concentrated in the leisure and hospitality…
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By Adam Pagnucco. In Part One, we recited a central lesson from Economics 101: wages are prices affected by supply and demand for labor. In prior recessions, wages either stagnated…