Dossier
Virginia's economy
Coverage of Virginia's economy in the Nexus archive.
- Virginia revenues surge despite job losses amid budget standoff
Virginia's state revenues have exceeded forecasts by over $850 million despite losing 41,900 jobs since the start of fiscal year 2026. A budget standoff between the Democratic-controlled Senate and House of Delegates centers on a dispute over rolling back a sales and use tax exemption for data centers.