President Donald Trump has made it a priority of his administration to reduce the size of the federal workforce and has tasked the Department of Government Efficiency (DOGE) with leading the efforts to date. These cuts have come through a variety of channels, including layoffs, eliminations of federal agencies, and deferred resignations. They disproportionally impact the DMV region (D.C., Maryland, and Virginia), but have significant economic consequences for communities all across the United States.
In this presentation, Dr. Peter Evangelakis, Senior Vice President of Economics & Consulting at REMI, used REMI PI+ to analyze the impacts of federal layoffs on employment, GDP, and personal income in the DMV region and the entire United States. This presentation was conducted by Dr. Evangelakis at a NEC (National Economists Club) luncheon on April 10th, 2025.
Click here to view the slides from this presentation.
