Patrick County Chamber of Commerce, Stuart, Virginia
Patrick County - Stuart, Virginia - Blue Ridge Mountains
 
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Virginia Ranked No. 1 Economic Growth Potential

August 1, 2011

RICHMOND – Business Facilities has ranked Virginia best in the nation in economic growth potential in its 2011 State Rankings Report.

Virginia Ranked No. 1 in Economic Growth Potential in Business Facilities' 2011 State Rankings Report Report Cites Governor McDonnell’s Executive Order #1, Creating Economic Development and Jobs Creation Commission Business Facilities Editor-in-Chief Jack Rogers: "Virginia has staked a claim as a national center for advanced manufacturing." RICHMOND – Business Facilities has ranked Virginia best in the nation in economic growth potential in its 2011 State Rankings Report. The rankings are based on an assessment of incentives programs, availability of a skilled workforce, growth strategy, cooperation between business, government and higher education and the growth potential of the location’s targeted industries. The report cites Governor McDonnell’s executive order no. 1, which established the Chief Jobs Creation Officer and the Economic Development and Jobs Creation Commission, saying “In one of his first acts after he became the state’s chief executive last year, Gov. Bob McDonnell issued an executive order creating a state Economic Development and Jobs Creation Commission as part of his mission to improve the state's business climate.� The Economic Growth Potential in Business Facilities’ 2011 State Rankings Report is available online at http://www.businessfacilities.com/news/2011-rankings-report-va-la-top-field-in-growth-potential.php