As we tour our region, something else is evident. Throughout the region there is vibrancy, as economic success has helped energize the region's cultural institutions. The influx of young professionals has created a demand for new theaters, cinemas, galleries, restaurants, entertainment centers, and museums. The universities are more naturally integrated into their communities, adding to the quality of life in their surrounding neighborhoods. The region is teeming with activity.
People are out and about, yet surprisingly our streets and thoroughfares appear less congested.
The region is alive. So in the year 2005, the New Economy is flourishing across the region, with greater economic balance among Northern Virginia, Maryland and the District. Telecommunications, the Internet, and E-commerce continue to be the driving force of our economy's growth, with bioscience poised to deliver the next wave in the following 10 years. A healthy trade in exports in professional services and the knowledge industry continues to grow rapidly, while international business in the region continues to expand. The marvel is not only the booming growth that the New Economy has spawned, but also the quality of leadership that has brought us to where we are in 2005.