Reston, Virginia - Economy

Economy

According to the U.S. Census Bureau, "professional, scientific, and technical services" are by far the largest economic activity in Reston, consisting of 757 different companies employing 21,575 people in 2007. The Information sector follows second with 9876 employees working at 150 companies in Reston. Reston straddles the Dulles Technology Corridor and is home to the headquarters of one Fortune 500 corporations of 10 in the Washington, D.C. area: (NII). Other Reston companies include ComScore, Maximus, NVR, Tamerlane Global Services, VeriSign, and Learning Tree International. It is also home to the United States Geological Survey, the National Wildlife Federation, and CNRI. Google Federal Services operates an office in Reston. Gate Group's North American division offices are in Reston.

At one time Atlantic Coast Airlines and USAfrica Airways had headquarters facilities in Reston.

Of the 20 largest venture capital firms in the D.C. area, five are in Reston. The amount of capital under management of the Reston firms, $6.9 billion, represents 53% of those top 20 regional venture capital firms.

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Famous quotes containing the word economy:

    “Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
    —Alexander Herzen (1812–1870)

    “The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
    —Ralph Waldo Emerson (1803–1882)

    “Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
    —Henry David Thoreau (1817–1862)