#1 Virginia
LOCAL VIEW
Top States for Business: Virginia
Anchor Ryan Nobles of WWBT tells us why Virginia is a top state for business.
ECONOMIC PROFILE
Governor: Bob McDonnell (R)
Population: 8,001,024
GDP (2009 per capita): $46,609
Unemployment rate (May 2011): 6.0 percent
Foreclosure rate (May 2011): One per 766 households
Budget gap (projected 2012): $2.0 billion
Corporate tax rate: 6.0 percent
Largest employers: Northrop Grumman Shipbuilding, Food Lion, Booz Allen Hamilton (Excludes Retail)
Sources: US Government, RealtyTrac, Center on Budget & Policy Priorities, Federation of Tax Administrators, Alaska Department of Labor and Workforce Development