When it comes to evaluating the Richmond region’s economic climate, sometimes it’s best to let outsiders make the call. For the Richmond area, accolades are easy to find. Expansion Management, a magazine for businesses looking to relocate, says Richmond is the No. 8 Metropolitan Statistical Area in the country for business recruitment and attraction.
Southern Business and Development magazine calls Richmond one of the top 10 places for the creative class. Foreign Direct Investment Magazine includes Richmond in its list of top five places in North America for best quality of life, human resources and development and investment promotion.
And last year Forbes.com named Virginia the No. 1 place for doing business in the country, adding more icing on the cake.
What Virginia Business offers up in this publication is simply the facts. We pack the Richmond Statistical Digest full of charts on the latest population estimates, employment trends, wages, income, education assessments, business expansions, transportation and utility rates.
These facts show why the area has received so many honors. A low unemployment rate. A job growth rate stronger than Virginia as a whole. Major construction projects being completed in all areas — from hospitals to a performing arts center to a Fortune 500 headquarters and luxury riverfront condos.
We hope business executives will find this guide helpful. If you’re considering Richmond as a business address, or simply keeping tabs on the current business environment, you are sure to pick up some new information.
Please contact me with any questions, or suggestions for additional helpful statistics.
Jessica Sabbath
Special Projects Editor |