Economic Impact: Health care and retail jobs will be in demand during the next 10 years

What jobs will be in hot demand in the Richmond region during the next decade? Jobs in the health care and social assistance sector and in the retail industry top the list. For instance, the health care and social assistance sector is expected to need nearly 40,000 workers in the Richmond metro area over the next decade, according to Chmura Economics & Analytics’ JobsEQ technology platform.

Economic Impact: Manufacturing industry still challenged but the sector has changed

Manufacturing often gets a bad rap. That’s probably because the sector has declined by more than 4.9 million jobs since January 2000. The industry also has perception issues. Who wants to work in a dirty old factory with oil on the floor and dust in the air? But the manufacturing industry has changed - it is more high tech and offers better wages, making for a good career choice.

Economic Impact: Increased military spending could benefit Virginia's economy

Virginia stands to receive more benefit than any other state in the country under the president’s plan to increase military spending. In President Trump’s address to Congress last week, his plan “calls for one of the largest increases in national defense spending in American history.” Defense spending contributes to the Virginia economy in multi-facet ways.

Economic Impact: Optimistic outlook should mean strong holiday sales for retailers

The holiday selling season is in full force at stores in malls and shopping centers. It is the time of year that represents about 20 percent of the retail industry's total sales. And based on recent announcements by some national retailers and online sellers that are looking to hire more seasonal workers than last year, it looks like the chains are optimistic about the upcoming holiday selling season. There is good reason for that bright outlook.