News & Features

Virginia Economic Review

Our quarterly publication, Virginia Economic Review, provides an insider look at Virginia’s economy, its diverse array of world-class companies, its amazing talent, and its stunning natural beauty, as well as insights from national thought leaders.

Second Quarter 2026XSecond Quarter 2020XSecond Quarter 2021X
Danville’s revitalization efforts to convert its massive tobacco warehouses into housing and retail earned the city the Great American Main Street Award in 2022.
07.13.2026

Southern Virginia’s Advanced Manufacturing Renaissance

Since Drake Extrusion opened a plant in Southern Virginia to make polypropylene fibers and yarns 31 years ago, the company weathered the collapse of the region’s traditional industry and global downturns and never laid off a worker.
Richmond-based design firm Riggs Ward created an eye-catching display for the re-opening of the Graveyard of the Atlantic Museum in North Carolina.

A Broader Stage

Brent Ward likes challenging projects. As a co-founder of design firm Riggs Ward, his job is to help bring stories to life, through displays of artifacts, graphics, soundscapes, and interactive digital media.
CarMax_Goochland County_Greater Richmond
07.13.2026

A History of Innovation

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.
NASA Langley Variable Density Tunnel
07.13.2026

A Proving Ground for Cutting-Edge Technology

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.
Image of Christy Coleman at Yorktown
07.13.2026

Disrupting Conventional Historical Wisdom

Christy Coleman is the executive director of the Jamestown-Yorktown Foundation, an educational Virginia state agency that offers programs and resources about early American history through its living history museums, Jamestown Settlement and the American Revolution Museum at Yorktown.
Gatekeeper Intelligent Security Gatekeeper Security, Inc. used VEDP funding to exhibit at trade shows in Germany and Singapore.

Bespoke Export Support

Virginia Offers Best-in-Class Export Assistance for Companies' Complete Life Cycle Exporting can be a strong strategy for connecting companies with demand or diversifying their market bases to better weather economic conditions.
Kollmorgen employees meeting Kollmorgen, Radford
04.01.2022

On the Front Lines

Kollmorgen Ramps Up Production to Support Global COVID-19 Response Employees at Kollmorgen's Radford facilities go to work each day knowing they’re helping to save lives as the world faces the COVID-19 crisis.
Phoenix Group, Chesapeake Phoenix Group, Chesapeake

Business Without Borders

International trade is beneficial for American consumers and businesses alike. Benefits for consumers include lower costs and a greater variety of goods available in their local markets.
The Port of Virginia is using shipping data to optimize its workflows and speed the movement of cargo from ship to destination The Port of Virginia is using shipping data to optimize its workflows and speed the movement of cargo from ship to destination.

Virginia Sets Course for Robust Trade Growth

With Initial Funding Approved and Bold Goals on the Horizon, Virginia's International Trade Strategic Plan is Moving Forward The fundamental conditions are in place for Virginia to significantly grow its international trade. Now, the Commonwealth is setting a course to capitalize on those assets.