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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.
Though Virginia Beach and Williamsburg have traditionally been the centers of tourism for the region, the rebirth of downtown Norfolk and the construction of a cruise ship pier at the foot of Nauticus in downtown has driven tourism to become an increasingly important part of the city's economy. The number of cruise ship passengers who visited ...
Ocean tourism is an important sector of Virginia Beach's economy. Based on data as of 2020 [update] , Virginia is home to 204,131 separate employers plus 644,341 sole proprietorships . Of the 144,431 registered non-farm businesses in 2017 [update] , 59.4% are majority male-owned, 22% are majority female-owned, 19.6% are majority minority-owned ...
Among these are FTI Consulting, the Albright Stonebridge Group, McLarty Associates, and major offices for Eurasia Group. Hogan Lovells, the sixth largest law firm in the world, is co-headquartered in DC and London. [20] The Big 4 consultancy firms (Deloitte, EY, PwC, and KPMG) all have major offices spread throughout the Washington region.
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 375 on the Fortune 500 , was formed on 31 March 2011, as a divestiture from Northrop Grumman .
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Cytec Industries; DRS Technologies; Emerson Radio; Foodtown; Foster Wheeler Corporation; The Great Atlantic and Pacific Tea Company (Farmer Jack, Food Basics USA, The Food Emporium, Sav-A-Center, Super Fresh, Waldbaum's) H. H. Gregg; Hartz Mountain Industries; The Hertz Corporation; Hovnanian Enterprises; Hudson City Bancorp; IDT Corp.
Editor's Note: This page is a summary of news on Hurricane Helene for Wednesday, Sept. 25. For the latest on the storm, see our story for Thursday, Sept. 26. TALLAHASSEE, Fla. – Hurricane Helene ...