Economy of the Washington metropolitan area

Key business districts in the Washington metropolitan area

The economy of the Washington metropolitan area includes the economy of Washington, D.C., and its suburbs, including parts of Maryland, all of Northern Virginia, and Jefferson County, West Virginia. In 2022, the DC metro area had the country's fifth-highest gross metropolitan product, at $541 billion.[1] The region's economy is highly diverse and includes the principal industries of the US federal government, tourism, information technology, research, hospitality, news media, and bioscience.

Key commercial hubs in the Greater Washington area include Downtown, Washington, D.C., Tysons, Virginia, Rosslyn, Virginia, Crystal City, Virginia, Bethesda, Maryland, and Silver Spring, Maryland.

As of 2022, according to Washington's comprehensive annual financial report, the top employers by number of employees in the region in 2022 were Georgetown University, Children's National Medical Center, Washington Hospital Center, George Washington University, American University, Georgetown University Hospital, Booz Allen Hamilton, Insperity PEO Services, Universal Protection Service, Howard University, Medstar Medical Group, George Washington University Hospital, Catholic University of America, and Sibley Memorial Hospital.[2]

  1. ^ Iman Ghosh (September 24, 2020). "This 3D map shows the U.S. cities with the highest economic output". World Economic Forum. Retrieved March 5, 2023. The New York metro area dwarfs all other cities for economic output by a large margin.
  2. ^ "Comprehensive Annual Financial Report 2022 Archived August 6, 2023, at the Wayback Machine". Government of the District of Columbia. January 24, 2023. p. 231.

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