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economy

Economic Development 2025: BELCHER, JONATHAN S.
Jun 5, 2026

Could Virginia’s data center fight scare off other industries?

In 2024, following the unsuccessful effort to bring a sports arena to Alexandria, I wrote in Virginia Business that the Commonwealth would continue to find success recruiting investment and jobs because “the fundamentals of the commonwealth’s business case remain unbelievably strong and make us the envy of most other states.” That opinion was ultimately proven […]

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Apr 17, 2026

Fed sees modest economic growth in Fifth District

Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, as consumer spending and tourism picked up.

Rosslyn, Arlington, Virginia, USA skyline on the Potomac River at twilight. Photo: AdobeStock
Apr 7, 2026

NoVa execs pessimistic about national economy, survey finds

Northern Virginia executives express growing pessimism about the national economy and regional business climate in a recent chamber of commerce survey.

Statewide home sales, inventories rose in November
Apr 3, 2026

Virginia sees homes sales growth in February

Virginia home sales climbed in February as improved inventory and lower mortgage rates boosted buyer activity, according to Virginia Realtors.

Virginia State Capitol in Richmond, Virginia, Photo: Depositphotos
Mar 2, 2026

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 […]

Back to school, back to buying? How fall affects Northern Virginia homebuyers
Feb 27, 2026

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.

U.S. President Donald Trump delivers the State of the Union address in the House Chamber of the U.S. Capitol in Washington, D.C., U.S., February 24, 2026. REUTERS/KEVIN LAMARQUE
Feb 25, 2026

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.

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo
Feb 16, 2026

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.

Statewide home sales, inventories rose in November
Jan 23, 2026

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 Federal Reserve Bank President and CEO Tom Barkin speaks Jan. 15, 2026, at the 2026 Financial Forecast held in Richmond by Virginia Bankers Association and the Virginia Chamber. Photo by Kate Andrews
Jan 15, 2026

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.

Image by AdobeStock
Jan 15, 2026

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.

Real Estate and Construction: Stagnant with some silver linings
Jan 5, 2026

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.

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