The DowntownDC BID area is one of the nation’s most dynamic, mixed-use, downtown economies. The strength of D.C.’s Downtown economy is rooted in the stable employment base that exists in all Downtown job sectors and the high quality of life that enhances the Downtown experience for businesses, employees, visitors and residents. In the mid-1990's, Downtown was a single-sector economy focused almost exclusively on the office industry. Though the office industry is still paramount to the success of the Downtown economy, Downtown is branching out. World-class cultural and entertainment venues, new shopping experiences, top hotels, diverse housing options, and strong transportation networks are all part of the new, vibrant and resilient Downtown economy.