Virginia Business: Preservation of neighborhood theater earns Draper Aden Associates top engineering award
Draper Aden Associates (DAA) has been recognized with an award for the top engineering project in Virginia in 2015. The American Council of Engineering Cos. of Virginia awarded its highest honor to DAA for the End Theater redevelopment in Richmond’s historic Church Hill neighborhood. The Pinnacle Award, announced at a gala earlier this month, recognizes […]
Vassey and DuVal: International trade is Virginia’s best economic development opportunity (Richmond Times Dispatch)
The call to diversify Virginia’s economy away from a reliance on federal spending is not new, but it has grown louder in recent years. Virginia was cushioned from the worst of the recession in a large part because of federal and defense spending, but with sequestration, we have seen the other side of that coin. […]
Roanoke Times editorial: Why workforce training money is a “game-changer”
In his proposed budget that the legislature will vote on this session, Gov. Terry McAuliffe ramps up spending on workforce development programs from $5 million to $24.6 million — a figure state community college officials have called “a game-changer.” When political candidates talk about the need for more education funding, this isn’t what they usually […]
News & Advance: Lynchburg-area economy still shaking off recession
“[Virginia’s] lagging the U.S. overall,” partly a result of the decrease in federal funds to the state, Filer said. Lynchburg has been the worst of the metropolitan areas in the state. Its GDP has an average annual decrease of .5 percent between 2009 and 2014. But, “it isn’t necessarily the case that Lynchburg has been […]
Culpeper Star-Exponent: Germanna pleased with governor’s proposed budget
Speaking at J. Sargeant Reynolds Community College in Richmond on Tuesday, McAuliffe said his planned budget will make “significant investments in Virginia’s higher education system and steer those institutions toward preparing students to lead in the 21st Century economy. “We will also continue to reinvent the workforce system to be more effective and more in […]
DuBois and DuVal: More credentials essential to individual and business prospects in Virginia
Over the next decade as many as two-thirds of the 1.5 million jobs that Virginia must fill will require more than a high school diploma but less than a bachelor’s degree, according to leading economic analysis. Those jobs will demand an associate’s degree and industry-recognized certifications that Virginia’s Community Colleges help people obtain. Virginia’s Community […]
Sun Gazette: Report: Va.’s economy sluggish, but bright spots emerge
Despite the monster recession in the late 2000s and subsequent federal budget sequestration, Virginia’s economy is slowly but surely improving, economists told local business leaders Dec. 10. “The leading economic indices are turning up,” said James Koch, an economics professor and president emeritus of Old Dominion University’s Strome College of Business. Virginia Chamber Foundation officials […]
WFIR: State of the Commonwealth tour hits Roanoke
Its been a long slow climb out of the “Great Recession” for Virginia – but things are trending in the right direction. WFIR’s Gene Marrano has more on a presentation in downtown Roanoke this morning: http://wfirnews.com/local-news/state-of-the-commonwealth-tour-hits-roanoke
Virginia Gazette: Economic report details state’s recent hard times
Employment overcame the jobs lost to the recession in 2009 quickest in Northern Virginia, Charlottesville and Blacksburg. Hampton Roads is still 22,800 jobs short of full recovery.” But all economic indicators are looking up, according to the report. “Although we’re still going to have that 1 percent lag,” Clower said. Predicted economic growth for Virginia […]
Richmond Times-Dispatch: Report shows Virginia economy struggling to cope with federal cuts
The story of Virginia’s economy since the recession is like a “Shakespearean tragedy in reverse.” That was one of several metaphors used Friday at the Virginia Chamber of Commerce’s sixth annual economic summit in Williamsburg. More than 700 people attended the meeting, where economists with Old Dominion University revealed a 175-page report on the state […]
