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VCU-Ariz. State survey finds 1 in 4 unemployed
Roughly one in four U.S. workers employed in February were unemployed by the end of April, according to a biweekly survey conducted by Virginia Commonwealth University and Arizona State University economists. Employment is declining, but it’s doing so at a slower pace, the survey found. The survey, which covers the week of April 26 through […]
McLean tech company names president, CEO
McLean-based mobile technology company CIBT Global Inc. announced Tuesday that Lee Spirer will be the company’s new president and CEO. Spirer will split time between the company’s McLean and New York City offices. Succeeding John Donoghue, Spirer was most recently the executive vice president and chief growth and transfo[...]
Northern Va. reopening delayed until May 29
In a new executive order, Gov. Ralph Northam allows localities in Northern Virginia to delay reopening nonessential businesses until Friday, May 29, two weeks after the rest of the state enters Phase One of the governor’s “Forward Virginia” plan. The counties of Arlington, Fairfax, Loudoun and Prince William, as well as the cities of Alexandria, […]
Construction backlog, confidence remains low
The Associated Builders and Contractors (ABC) national trade association announced Tuesday that its Construction Backlog Indicator (CBI) fell to 7.8 months in April, the lowest it’s been in nearly eight years. The CBI is a forward-looking national economic indicator that shows work construction companies are contracted to do in the future, measured in dollars. “Backlog […]
Va. COVID-19 cases at 25,800
The Virginia Department of Health reported 730 new COVID-19 cases on Tuesday, bringing the state’s total confirmed and probable cases to 25,800. According to VDH, 891 Virginians have died from COVID-19, with 522 of those fatalities — or 58.58% — occurring in nursing homes and similar long-term care facilities. More tha[...]
Hotel Roanoke reveals $3.9M renovation plans
The Hotel Roanoke & Conference Center, Curio Collection by Hilton, announced Monday its $3.9 million plans to renovate The Pine Room Pub and the Palm Court Lobby. “The renovation will build upon the hotel’s premier four diamond status as a destination, dining and meeting facility in Virginia’s Blue Ridge and will c[...]
Northam: NoVa will not enter Phase One on Friday
Update, May 12: In a new executive order, Northern Virginia localities will delay Phase One by two weeks, allowing businesses to reopen on a limited basis May 29, Gov. Ralph Northam announced Tuesday. The rest of the state will enter Phase One on Friday as planned, the governor said in a statement. Earlier: Northern Virginia wi[...]
Metro releases multiphase recovery plan
The Washington Metropolitan Area Transit Authority (WMATA) has released initial details of its COVID-19 recovery plan, which will be discussed during the authority’s Board of Directors meeting on Thursday. The multiphase recovery plan is dependent on the trajectory of infections in its service areas. For now, Metro passengers [...]
Fairfax County board ponders $30M COVID-19 relief program
The Fairfax County Board of Supervisors on Tuesday will consider launching a small business and nonprofit relief grant program that could disperse up to $30 million to local businesses impacted by the COVID-19 pandemic. The proposed guidelines would allocate $10,000 to businesses with one to 10 employees, $15,000 to businesses with 11 to 25 employees […]
Veterans affordable housing complex coming to Arlington
Arlington Partnership for Affordable Housing (APAH) has purchased the former Arlington American Legion Post 139 building for $8.8 million to construct apartment units and a new veterans programming center, Toronto, Canada-based real estate company Avison Young Inc. announced Monday. The Arlington chapter of the American Legion[...]
Loudoun County disperses $1.4M to 201 small businesses
The Loudoun County Department of Economic Development announced Friday it had dispersed approximately $1.4 million from the COVID-19 Business Interruption Fund to 201 small local businesses. The Loudoun County Board of Supervisors and the Loudoun County Economic Development Authority (EDA) established the fund. The board of supe[...]
NoVa officials say region’s not ready to reopen
Northern Virginia elected officials — as well as local health department directors — have asked Gov. Ralph Northam to wait on allowing local businesses to reopen until the hard-hit region’s COVID-19 cases have shown a continuous decline, along with meeting other metrics. “Based on our assessment, we do not believe that the Northern Virginia region […]
