Skip to content | Contact the GRP: 1-800-229-6332

News & Publications
Printer-friendly version
Bookmark and Share

Virginia named second-best state for business in nation by Forbes

November 30, 2011

For the second year in a row, Virginia ranks as the No. 2 best state for business in the nation by Forbes.com. Virginia took first place for four years in a row, from 2006 to 2009, and ranked 2nd in 2010.

Here’s what Forbes has to say about Virginia this year:

“Virginia ranks No. 2 for the second straight year after a four year run ranked first. Virginia has a strong, educated labor force and a pro-business regulatory climate. The only thing keeping it from the top spot is its outlook.”

“Virginia has been a major beneficiary of the federal government’s largesse in terms of military spending and infrastructure development in northern Virginia. Those days may be coming to end according to Zandi who says, ‘As the fiscal screws tighten, it is going to be more difficult for Virginia to maintain the growth rates and success it has had in the past.’”

 For more information about the 2011 rankings, read the full article at Forbes.com.

Back to top