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Housing development in Virginia is substantially lagging job growth, and the state is about 550,000 housing units short of meeting current demand, according to the order.
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.
Vectrona, a service-disabled veteran-owned tech company in Virginia Beach, is expanding its production and bringing 40 new jobs averaging salaries of $95,000 a year. Founded in 2011, the company ...
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]
The fastest-growing industry in 2021 was leisure and hospitality, according to the U.S. Bureau of Labor Statistics, but from... These 20 Industries Are Expected To Have the Largest Decline by 2031 ...
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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 ...
Next Insurance compiled a list of the fastest-growing industries to explore for career opportunities using data from the Bureau of Labor Statistics and research firms. The fastest-growing small ...