Economy
Virginia's goal is to be a national leader in the preservation and enhancement of our economy. The quality of Virginia's economy directly affects businesses, citizens, and institutions. Highlights of Virginia's economy include:
- Virginia's overall economic outlook is very good.
- Forbes.com has ranked Virginia as the "Best State for Business" three years in a row.
- Unemployment is low and per capita income is outpacing national trends.
- Virginia leads the nation in helping people move from public assistance into the workforce.
- State regions differ in their prosperity.
- Labor shortages may occur in key occupations.
The economic indicators help to assess the progress we are making, understand the key elements that influence the indicators, and clarify the role the Commonwealth is taking to improve the economic quality of life.
Indicators
- Personal Income
- Poverty
- Unemployment
- Employment Growth
- Workforce Quality
- Business Climate
- Business Startups
Updated August 04, 2008