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Updated Think Tank Report Paints Bleaker Picture for DC Region Hit With Coronavirus

Fuller Institute Says Extended Downturn Will Likely Spread to Construction Industry, Professional Services
The D.C. economy is now projected to contract 0.8% in 2020 and rebound 3% in 2021, if normal business operations return in July. (Carol Highsmith/Wikimedia Commons)
The D.C. economy is now projected to contract 0.8% in 2020 and rebound 3% in 2021, if normal business operations return in July. (Carol Highsmith/Wikimedia Commons)
By Bryce Meyers
CoStar News
April 9, 2020 | 9:38 P.M.

An updated report from a Washington, D.C-area think tank paints a bleaker picture for the local economy with a forecast that projects an extended economic shutdown brought on by the coronavirus pandemic.

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