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State of the Commonwealth Report

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority
Dec 17, 2025

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.

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