A Spotlight on the Mid-Atlantic States: The Kiplinger Letter

Solid rebound in tech, hospitality, healthcare and other fields fuel hiring, but a slowing economy will equate to only modest growth.

Aerial view of road winding between trees during fall, Vermont, United States,USA
(Image credit: Getty Images)

To help you understand what is going on in the Mid-Atlantic states and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…

The Mid-Atlantic region stands to slow this year but still cope fairly well.  Employment growth in the Mid-Atlantic states will downshift from last year's strong gains but will be positive. A resurgence in healthcare hiring, which in many states started in earnest in 2023 as the pandemic’s severity waned, will continue to account for most of the job gains. Big investments from Amtrak’s $16 billion renovation of the Northeast Corridor line from D.C. to New York City should benefit the region.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

David Payne
Staff Economist, The Kiplinger Letter

David is both staff economist and reporter for The Kiplinger Letter, overseeing Kiplinger forecasts for the U.S. and world economies. Previously, he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight, and an economist in the Chief Economist's Office of the U.S. Department of Commerce. David has co-written weekly reports on economic conditions since 1992, and has forecasted GDP and its components since 1995, beating the Blue Chip Indicators forecasts two-thirds of the time. David is a Certified Business Economist as recognized by the National Association for Business Economics. He has two master's degrees and is ABD in economics from the University of North Carolina at Chapel Hill.