Ball: Virginia has secured over $15 billion in capital investment and we’re not slowing down
Virginia’s economy is strong, and Gov. Northam is working every day to grow and diversify our economy in ways that will make it even stronger. One of this administration’s top goals is making sure that every region, every community, and every household can participate in the Commonwealth’s economic progress. And we are delivering on that goal.
Over the first sixteen months of this administration, we have announced $15.8 billion in new capital investment in businesses in every region of the Commonwealth. This is more than double the level of investment that any one of the previous six administrations secured during their first sixteen months in office.
This level of investment is unprecedented. It’s also entirely necessary.
This new investment is benefiting our communities by bringing significant job growth, including creating more than 48,000 new jobs. Coupled with our low unemployment rate of 2.9%, the commonwealth’s labor force continues to expand and has reached a new record high with nine consecutive months of expansion.
To read more about this, check out the whole article below.