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America's Top States For Business '09

#1 Virginia
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Richmond, Virginia
(Photo: iStockphoto)
Category Score 2009 Rank 2008 Rank
Cost of Doing Business 233 26 11
Workforce 241 8 8
Quality of Life 193 18 28
Economy 160 7 17
Transportation & Infrastructure 136 10 13
Technology & Innovation 180 12 14
Education 129 7 11
Business Friendliness 161 2 2
Access to Capital 33 18 13
Cost of Living 12 27 27
OVERALL 1478 1 2

 

ECONOMIC PROFILE

 
Governor: Tim Kaine (D)

Population: 7,769,089

GDP (2008 per capita): $41,769

Economic Change (2007-2008): 1.3%

Unemployment Rate (June 2009): 7.2%

Foreclosure Rate (June 2009): One per 631 households

Stimulus Funds Distributed (as of July 8, 2009): $4.8 billion

Budget Gap (projected 2010): $1.8 billion



Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities


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