which things contribute to the city's economy?
Federal governmental agency, Tourism
Washington, D.C.
federal governmental agency.
short note on international finance corporation (ifc) The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. where is it headquartered? Washington, D.C. when was it established? 1956 which are its investment services? In the area of private-sector development where is the above mentioned place located? United States of America how is the climate in the above city? Washington is in the northern part of the humid subtropical climate zone with chilly winters and light snow and hot and humid summers
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Washington, D.C. [SEP] Economy
The District of Columbia itself had an unemployment rate of 9.8% during the same time period. In December 2017, 25% of the employees in Washington, D.C., were employed by a federal governmental agency. This is thought to immunize Washington, D.C., to national economic downturns because the federal government continues operations even during recessions. Many organizations such as law firms, defense contractors, civilian contractors, nonprofit organizations, lobbying firms, trade unions, industry trade groups, and professional associations have their headquarters in or near Washington, D.C., in order to be close to the federal government. The city of Rosslyn, Virginia, located across the Potomac River from D.C., serves as a base of operations for several Fortune 500 companies, due to the building height restrictions in place within the District of Columbia.