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Virginia could lose 32,000 jobs in 2025, U.Va. estimates
Virginia may lose 32,000 jobs in 2025 amid federal cuts and rising unemployment, according to a new forecast by the University of Virginia’s Weldon Cooper Center for Public Service.
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
More warning signs emerge for US travel industry as summer nears
Expedia cites reduced U.S. travel demand for its weak Q1 revenue, as consumer confidence dips and tourism from Canada and abroad continues to decline.
Georgia-Pacific to close Emporia mill, cutting 550+ jobs
Georgia-Pacific will permanently close its Emporia plywood mill, cutting 550 jobs. The shutdown deals another economic blow to Southern Virginia.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
Truckers hope freight recession is finally ending
Virginia truckers eye regulatory rollbacks under Trump and hope a February freight bump signals recovery after the nation’s longest freight recession.
Tariffs spark uncertainty for Virginia port and shippers
Shipping and logistics companies and related maritime industries worry about the impacts of President Trump's global trade war and international tariffs. In a worst-case scenario, long-term tariffs on imports and exports would have a cascading effect, accumulating downstream across the economy, economists say.
Northern Virginia business leaders’ confidence drops in Q2
Business confidence in Northern Virginia declined in Q2 2025, with leaders citing federal layoffs, inflation and supply chain issues, a new survey shows.
Retailers misjudge shopper priorities, loyalties amid rising costs, said Rakuten report
More than half of consumers say they plan to prioritize products with the lowest prices when shopping in the coming months, while only 5% of retailers think shoppers will choose to trade down to lower quality products and less expensive brands.
Average US rate on a 30-year mortgage eases to 6.81%, hovering near highest level in over two months
The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday.
Most Americans expect higher prices as a result of Trump’s tariffs, a new AP-NORC poll finds
An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering.
Tariffs, policy shifts cloud economic outlook, Barkin says
Richmond Fed President Tom Barkin says U.S. economy looks solid by data, but tariff policies and uncertainty are clouding forecasts and business confidence.
