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Wednesday, May 25, 2022

Business

Data: Average weekly wages spike, but only statistically

What happens when large, and largely low-paid, sectors of the economy are derailed by a pandemic? Average wages rise to the stratosphere. It’s largely a statistical anomaly, and doesn’t mean those keeping their jobs saw big boosts in pay –...

Survey says: Regulation adds $94K to price of new homes

Regulations imposed by all levels of government account for $93,870, or 23.8 percent, of the current average sales price ($397,300) of a new single-family home, according to a new study by the National Association of Home Builders (NAHB). Of that...

Vienna Council lukewarm on consultants’ commercial-market advice

Vienna’s commercial market continues to perform well in its unique niche, but might be enhanced with more diverse housing, right-sized retail, additional Class A office space and perhaps a boutique hotel, consultants told the Vienna Town Council at a...

Senegal air carrier preps for flights to Dulles later in year

Pending regulatory approval and public-health conditions, Air Senegal plans to inaugurate service between that West African country’s capital of Dakar and Washington Dulles International Airport on Sept. 2. “This added flight will provide even more convenience and connectivity to western...

Vienna government issues business licenses, lauds anniversaries

The Vienna town government recently issued the following business licenses: Cupcakes & More (cupcakes), 527 Maple Ave., W.; Greenheart Juice Shop (juice shop), 208 Dominion Road, N.E.; and Martial Arts Black Belt Academy (martial arts), 262 Cedar Lane, S.E. In addition,...

Slowly but steadily, Fairfax jobs picture brightens

Incremental progress continues to be the direction of Fairfax County’s jobs picture, but there remains a long way to go to get back to pre-pandemic norms. With 586,850 county residents employed in the civilian workforce and 28,050 looking for jobs,...

Jobless rate in D.C. core continues to slowly improve

A year into the COVID crisis, the Washington region has made strides in recouping its job losses but overall employment remains down nearly 75,000 jobs from the onset of the pandemic. With 3.33 million in the civilian workforce and about...

New data: Va. is still down 182,000 jobs

Virginia has 182,000 reasons to want to get back to a pre-COVID environment. That’s the number of jobs that the Virginia Employment Commission estimates were missing from the local Old Dominion’s economy in March compared to a year before, the...

Commuter-flight terminal makes debut at National

The arrival of American Airlines Flight 5518 from Albany, N.Y., the morning of April 20 marked the inauguration of the new 14-gate regional-jet concourse at Ronald Reagan Washington National Airport. The new facility is “fantastic news for our customers,” said...

MCA has some caveats on county’s concepts for development

The Fairfax County government is nearly finished drafting comprehensive-plan language that would allow for the downtown McLean’s redevelopment, but the McLean Citizens Association still has concerns regarding parking, stormwater management and the number of new residential units. The Board of...
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PHOTOS: Liberty District soccer showdown!

The Washington-Liberty Generals squared off against the Yorktown Patriots in the girls-championship game of the 2022 Liberty District soccer...
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