Montgomery County Lost Brick-and-Mortar Businesses Last Year

Montgomery County had sluggish employment growth in employment and a net loss in businesses in 2018, according to preliminary data from the Bureau of Labor Statistics (BLS).

Employment in Montgomery County grew by 0.5% in 2018, or 2,121 jobs. The 2018 growth rate is slightly lower than the average rate in the county of 0.7% from 2010-17.

By comparison, in 2018 Arlington County grew at a rate of 0.9%, Fairfax County by 1.8% and Loudoun County by 2.8%.

Employment in the Washington region grew by 1.0%, or 31,177 jobs, in 2018. Montgomery County lagged behind every major jurisdiction in the region in job growth last year except for Prince George’s County and Alexandria City.

Click here to read the rest of the article written by Adam Pagnucco And Dan Schere over at Bethesda Magazine

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