Americas Top States For Business 2010

#2 Virginia

Previous: #1 Texas | Next: #3 Colorado

Photo: Guy Crittenden | Photographer's Choice | Getty Images

Category	Score	2010 Rank	2009 Rank
Cost of Doing Business	237	26	26
Workforce	234	9	8
Quality of Life	195	18	18
Economy	164	11	7
Transportation & Infrastructure	134	12	10
Technology & Innovation	192	10	12
Education	105	13	7
Business Friendliness	161	2	2
Access to Capital	42	9	18
Cost of Living	13	27	27
OVERALL	1477	2	1

LOCAL VIEW

America's Top States For Business 2010: Virginia
Tom Schaad, of WAVY in Virginia, tells CNBC about his state's economic challenges and the high unemployment rate in Williamsburg.

ECONOMIC PROFILE

Governor: Bob McDonnell (R)

Population: 7,882,590

GDP (2008 per capita): $41,769

Unemployment rate (May 2010): 7.1 percent

Foreclosure rate (May 2010): One per 530 households

Budget gap (projected 2011): $1.3 billion

Corporate tax rate: 6.0 percent

Largest employers: Wal-Mart, Newport News Shipbuilding (Northrop Grumman) and Food Lion

Sources: US Government, RealtyTrac, Center for Budget & Policy Priorities, Federation of Tax Administrators, Virginia Employment Commission

FEATURED

Texas Claims The Top Spot
With the biggest point total in the history of our study, Texas posts a big victory as America’s Top State for Business 2010.
State by State (#1-50)
Complete Rankings for 2010
Categories & Criteria
Archive: 2009 Top States For Business Results
Archive: 2008 Top States For Business Results

SLIDESHOWS

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The Unhappiest States in America
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Americas Top States For Business 2010

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