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The Council on Virginia's Future, which created Virginia Performs, was sunset on July 1, 2017. This site is no longer updated and is maintained for archival purposes only. For questions, please contact Ashley Colvin at the Virginia Department of Planning and Budget, ashley.colvin@dpb.virginia.gov.

State Agency Planning and Performance Measures are not affected, and continue to be available on DPB's website at http://dpb.virginia.gov/sp/sp.cfm
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Scorecard at a Glance | Agency Planning and Performance

  • Economy
    • Economy Summary
    • Personal Income
    • Employment Growth
    • Poverty
    • Unemployment
    • Business Climate
    • Workforce Quality
    • Economic Diversity
    • Innovation and Entrepreneurship
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  • Education
    • Education Summary
    • School Readiness
    • Third Grade Reading
    • Fourth Grade Reading & Math
    • High School Graduation
    • High School Dropout
    • College Graduation
    • Educational Attainment
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  • Health & Family
    • Health and Family Summary
    • Adoption
    • Child Abuse and Neglect
    • Foster Care
    • Health Insurance
    • Health Risk Factors
    • Mortality and Longevity
    • Teen Pregnancy
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  • Public Safety
    • Public Safety Summary
    • Crime
    • Emergency Preparedness
    • Juvenile Intakes
    • Recidivism
    • Traffic Fatalities
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  • Natural Resources
    • Natural Resources Summary
    • Air Quality
    • Energy
    • Historic Resources
    • Land Preservation
    • Solid Waste and Recycling
    • Water Quality
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  • Transportation
    • Transportation Summary
    • Infrastructure Condition
    • Land Use
    • Multimodal Transportation
    • Traffic Congestion
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  • Government & Citizens
    • Government & Citizens Summary
    • Bond Rating
    • Civic Engagement
    • Consumer Protection
    • Government Operations
    • Internet Access
    • Taxation
    • Voter Registration & Turnout
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Agency Planning & Performance

Enterprise priorities in
Economy

 

Key objectives in
Economy

 

Related Secretariats

  • Commerce & Trade
  • Agriculture & Forestry

 

Related Agency Planning and Performance

  • Dept. of Housing and Community Development
  • Dept. of Labor and Industry
  • Dept. of Mines, Minerals and Energy
  • Dept. of Small Business and Supplier Diversity
  • Virginia Economic Development Partnership
  • Virginia Employment Commission
  • Virginia Tourism Authority
  • Dept. of Agriculture and Consumer Services
  • Dept. of Forestry

State Agencies
Explore performance measures by agency

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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 unemployment rate remains lower than the national average (and did so even during the depths of the Great Recession).
  • Virginia ranks 11th nationally for per capita personal income, and after a long period of stagnation, incomes have again begun to rise.
  • After several years of very slow growth, job growth in the Commonwealth was over 2 percent in 2015, higher than the national average.
  • Although regions of the state differ -- sometimes significantly -- in their prosperity and levels of educational attainment, Virginia is making a concerted new effort to improve the skills and competitiveness of its workforce statewide.
  • Over 11 percent of Virginians live below federal poverty levels.
  • Every economy thrives on diversity, innovation and entrepreneurship. Although Virginia lags many states in its economic diversity, efforts are underway to address what has been an over-reliance on certain sectors. And many Virginia characteristics -- including proximity to the federal government, a skilled workforce, and numerous high-tech / high-growth firms -- create a positive environment for entrepreuneurial activities.

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.

Indicators

  • Personal Income
  • Employment Growth
  • Poverty
  • Unemployment
  • Business Climate
  • Workforce Quality
  • Economic Diversity
  • Innovation and Entrepreneurship
Economy Indicators at a Glance
  • Personal Income
    • Performance: Improving
    • State Influence: Limited
  • Employment Growth
    • Performance: Improving
    • State Influence: Limited
  • Poverty
    • Performance: Maintaining
    • State Influence: Limited
  • Unemployment
    • Performance: Improving
    • State Influence: Limited
  • Business Climate
    • Performance: Maintaining
    • State Influence: Significant
  • Workforce Quality
    • Performance: Improving
    • State Influence: Significant
  • Economic Diversity
    • Performance: Maintaining
    • State Influence: Limited
  • Innovation and Entrepreneurship
    • Performance: Improving
    • State Influence: Limited

Check out the Scorecard at a Glance to see how Virginia is doing in all categories.

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