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Virginia economy

João Ferreira. Photo courtesy Weldon Cooper Center for Public Service
Mar 3, 2026

Virginia economy to slow in 2026, U.Va. experts forecast

Weldon Cooper forecast projects Virginia GDP slowing in 2026, unemployment rising and housing prices dipping before rebounding in 2027.

Jennifer Williamson, CEO of Volunteer Fairfax and vice chair of Virginia Service Foundation. Photo courtesy Volunteer Fairfax
Feb 19, 2026

Virginia’s economic competitiveness depends on civic infrastructure

Virginia’s economic competitiveness will not be determined by incentives alone, writes Volunteer Fairfax CEO.

Image by AdobeStock
Jan 29, 2026

Virginia not in recession, experts say, but significant challenges remain

An economic report from Old Dominion University’s Dragas Center for Economic Analysis and Policy does not forecast a recession for 2026, but that doesn’t mean it’s all sunshine and rainbows for Virginia’s economy.

Election 2025: Earle-Sears vs Spanberger race guarantees history
Sep 29, 2025

Election 2025: Earle-Sears vs Spanberger race guarantees history

Abigail Spanberger and Winsome Earle-Sears vie to be Virginia’s first female governor as polls, fundraising and Trump loom large.

Federal job cuts ripple through Northern Virginia
Sep 29, 2025

Federal job cuts ripple through Northern Virginia

Trump’s federal job cuts are hitting Northern Virginia hard, with layoffs, stalled contracts, rising unemployment and a softening housing market.

Milestones: Virginia companies celebrating big anniversaries in 2025
Jul 30, 2025

Milestones: Virginia companies celebrating big anniversaries in 2025

Even amid the AI revolution currently underway, there are viable signs of stability. The global AI market could grow twenty-fivefold — from $189 billion in 2023 to $4.8 trillion — by 2033, according to a report this year from the United Nations. Containing the largest concentration of data centers in the world, Virginia, too, has […]

Virginia logistics space squeezed by data center boom
Jul 29, 2025

Virginia logistics space squeezed by data center boom

After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in development of industrial spaces like […]

Fredericksburg weighs impact of federal job cuts
Jul 29, 2025

Fredericksburg weighs impact of federal job cuts

Northern Virginia politicians, all Democrats, started sounding the alarm immediately about federal job cuts and slashing of federal agencies’ budgets at the start of the second Trump administration in January. And there have been significant impacts in Fairfax and Arlington counties, as well as Alexandria, where the U.S. Department of Housing and Urban Development is […]

Phlow raises $37M in Series C round
Jul 23, 2025

Phlow raises $37M in Series C round

Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.

Reshoring manufacturing is one of President Donald Trump’s priorities
Jun 30, 2025

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as that, experts say

Rose (L) and Justin White bought a Pool Scouts franchise to own a business that was “already moving and going and successful.” Photo by Matthew R.O. Brown
Jun 1, 2025

Franchising offers entry point for Virginia entrepreneurs

Franchising surges in Virginia as entrepreneurs tap proven business models across several industries in 2025.

Color-coded map shows the distribution of this week’s continued claims in Virginia’s counties and cities. Map courtesy Virginia Works
May 9, 2025

Virginia unemployment claims rise amid federal layoffs

Virginia jobless claims rose in early May, with experts citing federal spending cuts, tariffs and contract reductions as key factors in the surge.

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