14. 14
Siemens Energy struggled
to find qualified workers
when it opened a gas
turbine production plant in
Charlotte, N.C.
Siemens Energy Inc.
15. As Northern Virginia goes . . .
Northern Virginia accounts for 46% of the
economy in the 6th largest metropolitan area of
the United States. (Increase from 33% in mid-
80s when tied with DC and Maryland).
4th ranked metropolitan area in jobs advertised
2016.
Northern Virginia accounted for 83% of Virginia
job growth in 2014.
15
16. Race Between Technology . . .
Second ranked STEM metro area in
percentage of jobs and ranked 6th hottest
metro area for advanced industries
(Brookings, 2015)
23.5% of all jobs currently advertised in
Northern Virginia are computer-related
17% of all cybersecurity jobs advertised in
US in 2016 were in Northern Virginia
17. And Education . . .
DC metro area ranked 18th out of 20th in
growth of labor force in 2016 – Northern
Va primary laggard.
18. Storm Clouds on horizon . . .
Federal procurement outlays decreased 13.6%
in region (2010-2014) and first time in history
with 3 consecutive years of declining average
salaries (2010-2013).
19. 19
Structure of the
Greater Washington Economy
Source: GMU Center for Regional Analysis
Non-Local
Business
12.0 %
Local Serving
Activities
34.8%
Other Federal
10.7 %
Fed Wages
& Salaries
10.0%
Procurement
19.1%
Total
Federal
39.8%
Non-Local
Business
17.5 %
Local Serving
Activities
38.3%
Other Federal
7.7 % Fed Wages
& Salaries
7.1%
Procurement
14.0%
Total
Federal
28.8%
2010 2020