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:
- Forbes.com has ranked Virginia as the "Best State for Business" 4 years in a row.
- Despite the recession, Virginia's unemployment rate remains lower than the national average and per capita income is outpacing national trends.
- Virginia's tourism industry rose to 8th in the country for domestic visitor spending in 2007.
- Worker productivity exceeds the national average.
- Virginia leads the nation in helping people move from public assistance into the workforce.
- State regions differ in their prosperity and levels of educational attainment.
The economic indicators help to assess the progress we are making, understand the key elements that influence performance, and clarify the role the Commonwealth is taking to improve the economic quality of life.
