Document Type
Book Chapter
Publication Date
2023
DOI
10.25776/a5r7-sz65
Publication Title
2023 State of the Region Report
Pages
2-41
Abstract
There is good news to report about the economy of the Commonwealth. Economic activity increased in 2022 and 2023. A record number of Virginians were at work or looking for work. Labor force participation increased above pre-pandemic levels. However, this news is tempered by the fact that Virginia grew slower than the nation and Virginians continue to migrate out of the Commonwealth. The Virginia economy should grow in 2024, but work remains to be done to match the economic performance of our peers.
Repository Citation
Dragas Center for Economic Analysis and Policy, Old Dominion University, "Part 1: Virginia's Economy Grows, but Questions Linger About the Future" (2023). State of the Commonwealth Reports. 72.
https://digitalcommons.odu.edu/soc_reports/72