Economics & Economy

According to Virginia Dominion Power the average monthly residential electric bill in the state is $119.82 a month. 

With the deep temperatures of winter and depending on our heat source we can find bills for a single month two to three times that amount.

But there's a method of home construction that for one homeowner has cut their electric bill by more than half the state average.

“Our typical energy bill is actually as low as $40 to as high as $62 to $65 so far. Our annual energy usage is so much lower than a standard home’s”  

There’s no doubt that today’s US economy is primarily a service economy. That means the new ‘goods and services’ now translates as plain, ‘good service.’

But not all businesses know how to make the most of their customers’ service experience.

We’re not talking about something as egregious as an employee chatting on a cell phone during your transaction or other clearly rude behavior, but with so much riding on the service in our service economy, it’s the little things that make all the difference. 

Budget Deal: A Good Thing for Virginia?

Dec 12, 2013
Alex Wong

The bipartisan budget deal reached in Congress is expected to bring a lot of relief to the commonwealth of Virginia, though Virginia lawmakers still say it isn’t perfect.

Fear of another government shutdown early next year is dissipating here at the Capitol. The agreement increases federal spending by about forty five billion dollars, sets spending levels for the next two years and offers federal agencies some relief from sequestration. Virginia Republican Congressman Randy Forbes says is giving the agreement muted praise.

Living Wage Job Gap

Dec 4, 2013

Virginia Organizing is out with its annual Job Gap report.  The report compares the number of job seekers to the number of jobs that pay a living wage. 


Jill Reese, with “Alliance for a Just Society” says living wage jobs are few and far between.

“Over half of job openings in Virginia pay less than $18.59 an hour.  That’s the living wage for a single adult.  More than four out of five pay less than $34.27 an hour-the living wage for a single adult with two children.”

Virginia Tech

It’s estimated some thirty million people around the world are forced into slave labor. And while there’s been an international outcry, it was hard to know what labor conditions are behind the products you buy.

Now a team of students at Virginia Tech has come up with an easy way for online shoppers to see how their purchases stack up on the human rights scale, before they buy.