There are some that say the Washington-area, with the location of the Federal government, is "recession proof." While this is certainly not entirely true considering the type of economic hit we've just taken as a nation, the area does seem to weather the storm better than other less fortunate parts of the country.
Today's Vienna Connection interviewed several local Tysons Corner business leaders about the state of the economy in that area, many who "indicated that Vienna-Tysons fared better economically than most other U.S. areas. Widespread unemployment and massive company failures do not exist here." They point to Tysons' proximity to Washington, D.C., and the many government contractors who have their offices in Vienna, Oakton, and McLean as some of the reasons why.
Looking forward, with the expansion of the Metro through Tysons Corner and out to Dulles Airport, the business leaders see a bright future. "With the delivery of the new Tysons Corner urban center, a “smart growth” model and construction of mass transit access at Tysons Corner, the general sentiment among business leaders is that Tysons Corner will emerge as a vibrant and vital business, residential and social center."
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