ECONOMY | A recent report from Old Dominion University has found that Virginia has finally recovered from the 2008 recession. The report cites the state’s dependence on federal government spending, like other jurisdictions in the region, as a major reason why it took so long. (WaPo, 12/15)
Virginia’s gross domestic product, a measure of all goods and services, has grown for five consecutive quarters since March 2017, the ODU report found. That’s a surge of strength for an economy that had been stubbornly anemic. Once a powerhouse state, Virginia lagged the nation as a whole in economic growth for six years in a row, with some quarters tumbling into contraction.
A big reason the state took so long to recover from the recession is that government spending was slow to ramp back up. Sequestration — the trick Congress used in 2013 to impose automatic government spending cuts — has hamstrung Virginia’s economy ever since.
WRAG ANNOUNCEMENT | Yanique Redwood, president and CEO of the Consumer Health Foundation and chair of WRAG’s board of directors, has announced her decision to resign from WRAG’s board. Nicky Goren, president and CEO of the Meyer Foundation and current vice chair of WRAG’s board will move immediately into the position of Chair. Read more here (WRAG, 12/17)
CSR | Katy Moore, WRAG’s managing director of corporate strategy, presents the business case for corporate community involvement in a new blog. (Daily, 12/17)
PUBLIC SAFETY | I’m a Trauma Surgeon and a Shooting Victim. I Have Every Right to Speak Out on Gun Violence. (Atlantic, 12/15)
REGION | For the first time, the Metropolitan Washington Council of Governments has nominated board leaders who are all Black. It has also approved all women for its 2019 Corporate Officers. (WTOP, 12/15)
CHARITABLE GIVING | Why You Shouldn’t Donate Angry: Pitfalls of Rage Giving (YES! Magazine, 12/12)
FOOD | The new farm bill includes funding for grants that specifically help farmers of color and indigenous communities. (Atlantic, 12/16)
Hey all! I’ve really enjoyed my time here at WRAG and creating the Daily WRAG for two years, but I’m writing to say Wednesday will be my last day. Thanks to everyone who’s engaged with the Daily or have left a comment or an email. Buffy Beaudoin-Schwartz, who served as Daily WRAG editor before, will take over writing the Daily – on a modified schedule- in the new year.
REMINDER | Daily WRAG readers, we want your opinion! In order to improve your reading experience, we ask that you complete this short survey by Wednesday, December 19 to let us know what you like and what could be better on the blog.
Here’s something to make you smile on this Monday: