Editorial

EDITORIAL: D.C.’s New Creative Economy Is Growing

These are the best of times for the District of Columbia. The city’s coffers are flush with cash and the revenue just keeps on growing. This is a far cry from what residents witnessed and experienced 30 years ago when the city was broke and finances were being mismanaged resulting in a financial management authority being employed to oversee the city’s finances that was forced on the District by Congress. After four consecutive years of balanced budgets, the D.C. Control Board was dismantled and the District has not looked back ever since.

It appears one lesson learned from that experience was the need to diversify the city’s economy. The once renowned identity the city held as the place to come to get that “good government job” is still relevant but the local economy has clearly been transformed.

Today, according to D.C. Mayor Muriel Bowser and Brian Kenner, Deputy Mayor of the Office of Planning and Economic Development, the creative economy has become the booming employment sector for District residents and the magnet for the 1,000 new residents that reportedly are relocating to the District each month. Jobs in retail, technology and innovation and tourism are growing exponentially, and it appears that growth will continue with a company like Apple coming downtown, and the strong pitch the city is making to Amazon and others.

Just last month when Bowser launched her 202Creates initiative, it was reported that the District is home to 2,400 arts-related businesses, ranks first in creative businesses per capita, and that the creative economy generates more than 120,000 jobs, with 1,800 creative jobs added in just the last year.

The creative job market represents an exciting opportunity for District residents who have been left out, overlooked and are underrepresented in the District’s new growth and development. Mayor Bowser must remain dogged with creative economy employers to ensure they fulfill her commitment that all Washingtonians will benefit.

Tags
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Back to top button

My News Matters to me - Washington Informer Donations

Be a Part of The Washington Informer Legacy

A donation of your choice empowers our journalists to continue the work to better inform, educate and empower you through technology and resources that you use.

Click Here Today to Support Black Press and be a part of the Legacy!

Subscribe today for free and be the first to have news and information delivered directly to your inbox.


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker