
Economic Issues | |
Who Would Believe D.C. As A Silicon Center? |
Ever since the nation's founding, Washington, D.C., has been synonymous with the Federal Government. Headline writers use the words interchangeably -- as in "Washington Considers Tax Cuts." But as the federal government workforce has shrunk in the 1990s, high-tech industries have sprung up -- offering job opportunities to former bureaucrats. The city is not about to dethrone Silicon Valley. But the change is dramatic.
The Washington area now ranks third as a high-tech center, behind California's Silicon Valley and Boston's Route 128 corridor. Source: Alejandro Bodipo-Memba, "High Tech Transforms Washington Area," Wall Street Journal, July 21, 1999. For more on Job Growth http://www.ncpa.org/pd/economy/econ5.html |
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