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Virginia Ranked #1 in U.S. For Business, CNBC Reports

Virginia was ranked the “Top State for Business in 2019,” according to CNBC in an announcement today. The state’s House of Delegates Democratic caucus issued a statement saying that the accomplishment comes after six consecutive years of Democratic leadership in the governor’s office, noting that CNBC weighs workforce as its top criterion and also considers factors like cost of living, quality of life and inclusivity.

According to the network, the ranking is based on 64 metrics in 10 categories of competitiveness. Virginia ties with Texas for most years named top state for business by CNBC, with wins in 2007, 2009, 2011, and now 2019.

In addition to its top overall ranking, Virginia ranked 1st in workforce, 1st in education, 16th in economy, 13th in infrastructure, 35th in cost of doing business and 17th in quality of life.

“The ranking reflects Democrats’ commitment and effort to invest in the economic engine of this Commonwealth: the workforce,” said House Democratic Leader Eileen Filler-Corn. “Elevating hard-working Virginians with access to quality education, healthcare, and housing is simply good for business.”

The House Democratic Caucus recently named Del. David Reid of Loudoun County as its Business Liaison. Del. Reid is decorated Navy veteran and business professional who brings over 30 years of experience in strategic management, banking, global telecommunications and the defense industry.

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