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Overview

Washington, DC is a business friendly, increasingly diversified and highly-skilled economy that continues to
offer opportunities for economic growth. The gross regional GDP in 2010 was $425 billion, making it the 5th
largest regional economy in the US. Between 2001 and 2009, regional GDP grew by more than 25%, and DC
was rated the nation's number one city for business by the Wall Street Journal. Average household income is
$91,000, and 50% of residents have at least a Bachelor’s degree. With over 23 institutes of higher education,
and several hundred government and private-sector research institutions, DC is also a global center
for innovation, technology, policy and finance.

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