Economy and Economics

16-Day Trade Mission
4:43 pm
Tue April 9, 2013

Selling Virginia

Governor McDonnell heads out West this week … before flying to the Far East on a trade mission to China and Japan. 

A team of state economic development officials and cabinet secretaries will travel with the Governor on a 16-day job creation and marketing mission that begins in Los Angeles and San Francisco.

McDonnell says he and Utah Governor Gary Herbert will co-market their states to California companies.

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Government & Politics
5:32 pm
Tue April 2, 2013

Restructuring Virginia's Tax System

In the last 20 years, Virginia’s manufacturing sector has declined by 46%. 

Given the fierce competition worldwide to attract businesses, state lawmakers are examining whether it makes sense to restructure the Commonwealth’s state and local tax system to remove financial hurdles to doing business here.  

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Government & Politics
5:47 pm
Thu March 28, 2013

Battle Over The Debt Ceiling

The government is now funded through September, but another deadline is hanging over Congress that imperils the economy of Virginia.

The last time Congress wrangled over the debt ceiling the federal government lost its triple A credit rating. Credit rating agencies say Virginia could also lose its pristine credit rating if the federal government gets locked in partisan warfare once again.

That could make borrowing more expensive for cash strapped locales, according to Virginia Democrat Gerry Connolly.  

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Transportation
2:15 pm
Wed March 27, 2013

Virginia's Transportation Package

Governor McDonnell has proposed amendments to the transportation-funding package that was hammered out by conferees and passed by the General Assembly last month. 

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From the Ground Up
4:06 pm
Mon March 25, 2013

VT's Design-Build Laboratory

Architects spend a fair amount of time putting pencils to paper and building small models of what they’d like to construct – but how do they know their designs will work in the real world, and what does it take to get something built.  That’s what Virginia Tech hopes to teach in a whole new way.  It’s called a Design-Build Laboratory,  it’s gaining favor at schools around the country.
 

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