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Virginia’s shift to Dems could draw federal cuts
Virginia is under new management, with Gov. Abigail Spanberger taking office Jan. 17. In a speech two days later to the General Assembly, she spoke about returning Virginia to its top spot in CNBC’s “Top States for Business” rankings, after the commonwealth fell to No. 4 in 2025. However, many of the economic challenges impacting […]
Virginia sees notable spike in pending home sales in January
Virginia’s housing market kicked off the year with rising buyer activity, expanded inventory and stable home prices.
Trump hails ‘golden age’ in State of the Union as voters sour on economy
President Trump hailed a 'golden age' in his State of the Union, focusing on economic achievements despite low approval and voter frustration over inflation.
Virginia unemployment claims spike in early February
Initial unemployment insurance claims in Virginia increased 71.2% in the first week of February, according to the state.
Virginia sees home sales increase in December
Virginia Realtors reports that 8,482 homes were sold throughout Virginia in December 2025, a 13.2% increase from November 2025.
Richmond Fed leader sees less economic uncertainty in 2026
Gas prices are down, and tax refunds next month will provide some economic stimulus, Richmond Fed President Tom Barkin said Thursday.
Fed sees slight economic growth in Southeast
The Federal Reserve’s Fifth District in recent weeks saw modest economic growth, with stronger consumer spending and commercial real estate.
Virginia housing market slowed in November
There were 7,492 closed sales across Virginia in November, 361 fewer than in November 2024, representing a nearly 5% decline.
Stocks rise on Wall Street as AI stocks turn higher again
US stocks rose Friday, with tech and AI shares lifting the S&P 500 and Nasdaq to weekly gains, even as investors weighed inflation, tariffs and slowing growth.
Federal employment, trade declined in 2025 in Virginia
Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemployment is expected to rise in 2026, according to Old Dominion University's State of the Commonwealth economic report released Tuesday.
Spanberger stresses need for stable biz environment
Virginia Gov.-elect Abigail Spanberger said she will prioritize a business climate that is stable, predictable and affordable.
Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
A stalled “no-hire, no-fire” economy and rising costs have driven major companies from HP to Amazon to announce large layoffs, deepening worker anxiety.
