Virginians provide a vast array of services and manufactured goods to customers
throughout the world. Our manufacturing base continues to be strong, producing
everything from steel beams, wood flooring and trucks to semiconductors, robots
and rocket engines. As the birthplace of the Internet and one of the leading
centers of software development, Virginia's high-technology economy continues
to expand. And as one of four U.S. states currently licensed and capable of
launching communications satellites and other commercial payloads into space,
Virginia has all the right assets to continue our economic leadership throughout
the 21st century.
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| AeA, the nation’s largest trade association
representing all segments of the high-tech industry, has ranked Virginia
as the national leader for its concentration of high-tech workers
according to their recent report, Cyberstates 2007: A Complete
State-by-State Overview of the High-Technology Industry. |
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- More than 11,500 high-tech companies operate in Virginia.
- Nearly 60 firms with annual revenue over $600 million are headquartered
in Virginia.
- Virginia is headquarters to 29 Fortune
1000 firms.
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- Virginia ranks third among the 50 states as a recipient of federal R&D
funds.
- Virginia ranks 10th in terms of venture capital deals and 11th for total
venture dollars invested.
- Virginia ranks among the top 10 states best adapting to recent changes
in the U.S. economy, according to “The
2007 State New Economy Index” published by the Information Technology
and Innovation Foundation and the Ewing Marion Kauffman Foundation.
- Virginia exported $14.1 billion of merchandise in 2006.
Top
25 Manufacturing Industries in Virginia
Major
Advanced Services Employers and Federal Contractors/Integrators
Top Export Products
Major Export Destinations
Population Growth
Top Virginia Firms
With Foreign Affiliations
Gross State Product
Employment
By Major Sector