WCAV-WVAW-WAHU | Charlottesville, Virginia | News

Report Shows How Charlottesville Stacks Up Against Local Economies

Friday, June 1st

For the second year in a row, Washington, DC takes the top spot when it comes to a strong economy, according to a new study. Virginia Beach and Hampton Roads is twenty-fifth on the list. Charlottesville isn't far behind, edging out Richmond for the 28Th spot.
The state's capital city ranks 35Th in the national study.

President of the Charlottesville Chamber of Commerce, Timothy Hulbert, says looking at the list of cities, it's easy to see what factors are necessary for a community to thrive economically. "In addition to have strong private enterprises, these communities have a common thread where they either have a strong federal presence, or in the case of our community, a strong, public university," said Hulbert.

Charlottesville's ranking has improved over the past decade. Hulbert attributes the growing economy, in part, to the emerging presence of the federal defense intelligence community with the National Grounds Intelligence Center and companies like Booz Allen Hamilton.

The study was done by Policom and looked at the economies of 366 metropolitan areas.


The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.

  • Comments cannot be profane or vulgar. We will not post comments that use profanity or cross the lines of good taste.
  • We will not post comments that use hate speech. Slurs, stereotypes and violent talk aren’t welcome on our website.
  • Comments should not attack other readers or people featured in our stories personally. Any accusations should be backed up with facts.
  • Any comment we post will be posted in its entirety. We do not edit any comment that we post.
     
  • Comments should contribute to the discussion. We will not post comments that don't advance the discussion. Flaming and/or trolling will not be tolerated.
     
  • Comments should not attack other posters. Let's keep the focus on the content of the story.

    As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.

    If you have any ideas to improve the conversation or this section let us know. Send an e-mail to webmaster@newsplex.com.

 

powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 156265855