Report outlines Virginia’s economic health

(The Center Square) — Virginia’s Joint Legislative Audit and Review Commission recently released its annual report to give legislators a high-level overview of how the commonwealth fared economically and otherwise in recent years — compared to its historical data and other states’ performances.

Among its 36 featured points of comparison, the report captured pieces of a stubborn population trend Virginia’s leadership is doing its best to reverse: the state’s stellar and uniquely consistent bond rating, highly educated percentage and relatively low poverty levels.

Virginia is the 12th most populous state, reaching a population of 8.72 million in 2023, up 0.4% from 2022 and similar to the growth it saw from 2021-22 but less than the previous two years. 

Though Virginia has seen modest population growth over the past ten years, that’s only because its births have outnumbered its deaths — and the number of people leaving the state. Since 2013, Virginia’s Read more…

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