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Virginia, with a GDP of $712.9 billion, ranked as the 13th largest state in terms of GDP among the 50 states of the United States. Virginia's economy is larger than countries such as Belgium, Sweden, Ireland, and Norway. Virginia is also among the wealthiest states in the US, boasting a GDP per capita of $81,794, which ranks 19th as of 2023.
Tapping into this knowledge hub, Virginia Tech, a university whose main campus is in Blacksburg, Virginia in the southwestern part of the state, is opening a $1 billion "innovation campus" in Potomac Yard, Alexandria, where the university will focus on teaching technology classes and conducting tech research. [22]
Industry Revenue (USD billions) Employees Headquarters 1 Cargill: Food industry 177 160,000 Minnetonka, Minnesota: 2 Koch Industries: Conglomerate 125 120,000 Wichita, Kansas: 3 Publix Super Markets: Retail 54.5 250,000 Lakeland, Florida 4 Mars, Incorporated: Food industry 47 140,000 McLean, Virginia: 5 H-E-B: Retail 43.6 145,000 San Antonio ...
Tysons Corner has more Fortune 500 company headquarters than Washington, D.C. [1]. This is a list of notable companies headquartered in Northern Virginia.The majority of the following companies are located in Fairfax County and Loudoun County the most populous jurisdictions in Northern Virginia, Virginia state, and the Baltimore-Washington metropolitan area.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
After the military, the 2nd largest and most important industry for Hampton Roads and Norfolk based on economic impact are the region's cargo ports. Headquartered in Norfolk, the Virginia Port Authority (VPA) is a Commonwealth of Virginia owned-entity that, in turn, owns and operates three major port facilities in Hampton Roads for break-bulk ...
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