Northern Virginia business leaders show confidence boost in face of tariffs and DOGE cuts

Northern Virginia business leaders expressed a turnaround in confidence after a rough showing in April, but skepticism remained in the face of tariffs and cuts from the Department of Government Efficiency.

In the third quarter Northern Virginia’s Chamber of Commerce and Pinkston Business Leader Survey, business leaders voiced increased optimism about the economy, with 40% believing the economy would grow over the next six months and 26% expecting it to remain stable. This is a significant change from April, when 59% believed the economy would decline over the next six months, compared to 34% who expected a decline over the next six months in July.

“As Elon Musk has departed the Trump administration and DOGE actions appear to be subsiding, Northern Virginia business leaders’ optimism has

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