Virginia Economic Review

BWX Technologies, Inc., started out as a boiler manufacturer.

For more than 300 years, Virginia’s universities have helped produce generations of political leaders, scientists, entrepreneurs, engineers, and business executives who shaped the economy in the Commonwealth and beyond.

Virginia has a long history as a site where revolutions can take root. In recent decades, that revolutionary spirit has attracted entrepreneurs and startups who see Virginia as a place where new ideas grow into powerful energy disruptors.

It’s not exaggerating to say that Virginia has been part of the internet since day one. The Commonwealth’s proximity to the federal government in Washington, D.C., makes it a natural place to deploy new technology. In Northern Virginia, network connectivity traces its roots to the U.S.

In the months leading up to July 1776, the Second Continental Congress entrusted a Virginian, Thomas Jefferson, to draft the formal document declaring the colonies’ independence from Great Britain. The 13 British colonies in mainland North America had disparate interests and cultures.

As the world continues to struggle with drug supply chains and critical shortages, clusters of activity have emerged to move the needle of medication affordability and accessibility.

Recent major biopharmaceutical manufacturing announcements are positioning Virginia for a broader reshoring effort in the pharma industry. COVID-era supply chain disruptions and resulting shortages exposed the risks of over-reliance on overseas production for essential medicines.

Recent major biopharmaceutical announcements have sent a clear signal from the industry: Virginia is the future of biopharma manufacturing.

Food and beverage and pharmaceutical companies rely on Virginia’s cold chain infrastructure to succeed.

The newest workforce cohort brings tech savvy and tremendous upside to the economy — if it can overcome some systemic challenges

Careyann Weinberg, Director of Economic Vitality for the Downtown Norfolk Council in Hampton Roads, Virginia, discusses quality of life and talent opportunities in Hampton Roads and Virginia as a whole, including the strong professional network in the area, the opportunities for talent, and her own "Why Virginia" story.

Bonnie Chavez, CEO of Building Beloved Communities in Roanoke, Virginia, discusses quality of life and talent opportunities in Roanoke and Virginia as a whole, including what drew her to the area, the opportunities for talent and her own "Why Virginia" story. Watch the Conversation

Peter Beard is vice president of policy and programs at the U.S. Chamber of Commerce Foundation, where he leads workforce development projects and initiatives.

When Lydia Ruffin began work as a restaurant server, her goal was to support herself through school. She could not have anticipated how profoundly that entry-level job would shape her career.

Key investments at Virginia Tech, George Mason, University of Virginia help the Commonwealth position itself as a home for AI Innovation

Home to one of the largest concentrations of active duty and veteran talent in the country, Virginia has engineered an ecosystem that helps those who served translate military experience into high-value private sector careers.

New or expanding companies want to know that they will be able to hire workers with the skills they need. While outside training providers offer established but generic faculty, facilities, and programs, in-house solutions allow for customization but require significant investment.

As more tenured employees must upskill and reskill to adjust to an economy that is increasingly reliant on technology and, specifically, artificial intelligence (AI), Generation Z workers are entering the labor market as the first generation of digital natives.