Document Type

Book Chapter

Publication Date

2015

Publication Title

2015 State of the Commonwealth Report

Pages

2-37

Abstract

The Virginia economy grew 0.02 percent in real terms in 2014, will grow only about 1.33 percent in 2015, and we forecast only a 1.98 percent growth rate in 2016. The villain in this scenario is stagnant or declining federal spending, especially defense spending.

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