Oct 01, 2009
Virginia’s the best state for business, again
01 Oct 2009
Posted by Andrew Kantor
Fourth year in a row, in fact. Forbes named us “Best State for Business” yet again.
From the press release:
Virginia was the only state ranked in the top 20 in each of the six broad categories examined in the Forbes.com survey. The Commonwealth finished in the top three in half of those categories – taking the lead in the quality of life ranking, second place in the regulatory environment ranking and third in labor issues.
And from the article itself:
Relative to the rest of the country though, Virginia is booming. Its 6.5% unemployment rate is fifth lowest in the country with the four states ahead of it all having dramatically smaller economies and employment bases. Virginia is the only state ranked in the top 20 in each of the six broad categories we examined. The state finished in the top three in half of those categories (labor supply, regulatory environment and quality of life). Virginia’s $325 billion economy is expected to be the 10th largest in the U.S. in 2009.