Sunday, September 6, 2009

Economic Downturn Hits Some Industries, K Street Firms Hard


Washington, D.C., is enjoying the long Labor Day weekend, and the Center for Responsive Politics is no different.


But in your leisure time, check out this front-page story by Washington Post reporter Dan Eggen, who uses our research and data in noting Sunday: "In a year when Washington's influence industry should be thriving, with epic battled over health-care and energy legislation, lobbying in many sectors is in marked decline as defense contractors, real estate firms and other companies pull back in a down economy."


Eggen also notes: "Lobbying revenue for many of the city's most powerful advocacy firs, including bellweathers such as Patton Boggs and Akin Gump Strauss Hauer & Feld, plunged 10 percent or more in the first half of the year."


While some firms and industries are certainly hurting, not all are. For our take on this issue, check out our reporting here, here, here and here.


And, of course, enjoy your barbecue.

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