District Hires Consultant For Business: Ex-Member of Fed Consultant foi D.C.
The DistrictÛªs government, stung by a decision of congressional conferees to eliminate funding for its economic development activities in the current fiscal year, has hired a former governor of the Federal Reserve Board to help find ways of keeping business in the city.</br></br>Armed with a $100,000 grant from the Commerce DepartmentÛªs Economic Development Administration, the D.C. Office of Business and Economic Development has hired Brimmer and Co. Inc., of Washington to complete a study by next June on business retention.</br></br>Andrew Brimmer, head of the consulting firm and the former Federal Reserve Board member, will have overall responsibility for the research..</br></br>Û¢	Factor's that promote or inhibit business relocation, expansion and modernization of facilities in the city.</br></br>to move out of the city under current 1 circumstances and the impact of these projected losses on jobs and tax revenues.