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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.
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.
Though agriculture has declined significantly since 1960, when there were twice as many farms, it remains the largest industry in Virginia, providing for over 490,000 jobs. [270] Soybeans were the most profitable single crop in Virginia in 2022, [ 271 ] although the ongoing trade war with China has led many Virginia farmers to plant cotton ...
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 ...
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 ...
The United States Census Bureau currently conducts a comprehensive Economic Census [1] every five years. The results of this survey are tabulated according to the NAICS and provide statistics about the U.S. economy.
Agriculture was the largest single industry and it prospered during the war. [119]: 1–23 [139] [121] Prices were high, pulled up by a strong demand from the army and from Britain (which depended on American wheat for a fourth of its food imports). The war acted as a catalyst that encouraged the rapid adoption of horse-drawn machinery and ...
The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion. [2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people. A year later, in December 2017, U.S. manufacturing employment grew by 207,000, or 1.7%, employees. [3]