According to Forbes.com, our state has been ranked the best state in America for business. Using six categories – business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life – Forbes defines which states have the most ideal environment for business growth and success. Out of these six areas, Virginia ranked in the top five for four of them.
Governor Bob McDonnell said in an earlier statement, “Virginia is the best state in America for business. Our desirable business climate continues to be recognized by prestigious, independent third parties like Forbes.com, and we are thrilled to regain the No. 1 spot as Best State for Business.” We agree, being recognized by an organization as big as Forbes is a huge honor!
Since the creation of the study eight years ago, our state has alternated between first and second place, but this year we have once again reclaimed our standing as the best. Virginia’s gross state product is $446 billion, with a five-year annual growth of 1.0 percent. With statistics as impressive as these, it’s clear to see why there’s no better place to start or move a business.
Join our One Loudoun family today and be apart of a state that’s known for it’s prosperous businesses. For more information, visit our newly opened Experience One Loudoun, open seven days a week, for new home sales and commercial and retail leasing inquiries!