2015 State of the Commonwealth Report
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.
Center for Economic Analysis and Policy, Old Dominion University, "Part 1: The Virginia Economy Struggles to Cope With Economic Headwinds" (2015). State of the Commonwealth Reports. 18.