Economy and Economics

It’s the time of year for helping others --  donating to toy drives or food pantries. But, as Mallory Noe-Payne reports, this holiday season might be a good time to re-think what we mean, when we say charity.

Walk around Virginia’s capital city, and you will see people begging on street corners, or sleeping on park benches. And this time of year, says Kelly King Horne, people hone in on it. Horne is in charge of Homeward, Richmond’s planning office for homeless services.

Not Your Grandparents' Factory

Dec 15, 2015
Mike Stanley/Creative Commons


There’s new evidence that the middle class has been steadily shrinking, according to a Pew Research Center Study. It happened during the same period that manufacturing jobs – once a hallmark of the middle class--- have been disappearing in this country.  

When you ask young people what they want to do with their lives, not many will tell you they want to go to work in a factory.

It’s a budget year in Virginia -- meaning during this year’s legislative session the Governor and General Assembly will work to craft how the state spends its money for the next two years….

Governor Terry McAuliffe won’t reveal his proposed budget until next week, but Wednesday in Richmond he did announce a plan to issue $2.5 billion in bonds. Money from those bond sales will largely go to the state’s colleges.

It looks like a strong Holiday buying season is in the forecast for Virginia. That’s according to the latest Virginia Consumer Sentiment report from the Roanoke College Institute for Policy and Opinion Research.

Virginians are generally feeling better about their financial situations. Alice Kassens is a Senior Analyst with the institute and professor of economics at Roanoke College; she says the report found that this consumer sentiment is at its strongest level since the recession.

Virginia's Oyster Trail

Nov 10, 2015

 Governor McAuliffe traveled to the Northern Neck this week to fire up the Virginia Oyster Trail. 

That’s an initiative he announced last year that connects 250 miles of seafood producers, restaurants, wineries, craft breweries and artisans around the Chesapeake Bay's rural communities. 

Instead of the traditional ribbon-cutting ceremony the governor and his Virginia Oyster Trail team shucked an oyster and slurped.