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Reduction in the state's federal workforce has dropped Virginia to fourth place nationally, marking its lowest ranking in seven years.
Virginia has fallen from the top spot in CNBC’s annual rankings of the top states for business, checking in at No. 4 this year. Gov. Glenn Youngkin isn’t taking the demotion in stride.
From Winchester to Bristol, Interstate 81 is the backbone of western Virginia, playing a critical role in supporting our state’s economy,” said Governor Glenn Youngkin.
Virginia fell from its top spot on CNBC’s closely watched list of the “Top States for Business” thanks to economic threats posed by cuts to the federal workforce.
9hon MSN
Virginia loses No. 1 spot in America’s Top States for Business in 2025 as President Trump’s federal government job cuts hit the state economy.
Sweat beaded on foreheads inside the sweltering warehouse of 84 Lumber on Richmond’s Southside Tuesday, but Gov. Glenn Youngkin appeared unfazed by the heat as he declared victory on one of his administration’s signature promises — slashing red tape across Virginia’s government by 25%.