Economy and Economics

LoveUMeanIt: LUMI
3:18 pm
Wed January 29, 2014

Juicy Business

Starting a business can be complicated, and you might feel ill-prepared without an MBA, but a Charlottesville woman who has the degree decided not to bother with focus groups or financial analysis. 

Instead, she trusted her gut, and is building a company using common sense.

A couple of years ago, an Australian filmmaker named Joe Cross came to America to make a documentary about his quest for better health.  He called it Fat, Sick and Nearly Dead.

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Government & Politics
7:52 am
Wed January 29, 2014

State Lawmakers Respond to President Obama's Economic Plan

Credit npr.org

There was a lot in President Obama’s State of the Union address that would impact the commonwealth, but he's already meeting resistance from Virginia Republicans. 

There were two starkly contrasting visions of government on display at the Capitol last evening. The president wants the government to help spur job creation, while Republicans say the government ought to get out of the way.

Virginia Republican Congressman Rob Wittman says the president’s call to expand the role of government in the economy is misguided.

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Economics & Economy
2:37 pm
Tue January 28, 2014

Annual Population Report

Population growth in Virginia slowed last year—but the commonwealth still outpaced the nation.
 

Between 2012 and 2013, Virginia’s population grew less than 1-percent, to nearly 8-point-3 million people.  That’s the slowest growth in the state since the recession….but still higher than the national average.

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VA Senate Votes to Repeal
4:23 pm
Mon January 20, 2014

Lawmakers Consider Hybrid Tax Issue

The annual license tax imposed on hybrid vehicles as part of last year’s transportation-funding law may be on its way out.  The Virginia Senate has voted overwhelmingly to repeal the tax, which was never popular in the first place.

Lawmakers who did not want to jeopardize the transportation compromise last year now feel free to get rid of that provision.

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Economic Outlook
9:43 am
Mon January 20, 2014

Federal Budget Impact on Virginia

The spending bill signed into law by the president last week has a lot in it for Virginia.

Virginia possibly makes out better than any other state from the one point one trillion dollar spending bill. The state’s economy took a hit in two thousand thirteen. Many federal contractors and workers suffered through pay cuts as they were furloughed. Then there’s the government shutdown which ripped around twenty four billion dollars out of the U-S economy. Northern Virginia Democrat Jim Moran says this bill provides the certainly the state has needed.

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