the economic forecast v irginia s economy has an enormous impact on both need for government services and state ability to provide them when is strong more virginians are working in jobs that pay higher salaries taxes paid into treasury a allows return portion of its tax revenues citizens form relief conversely weak lost people out work revenue declines at same time increases demand become eligible unemployment compensation food stamps welfare other virginia well suited outperform nation many years come one fastest growing technology states expected increasingly attract suppliers competitors consultants manufacturing sector high tech production commonwealth will offset losses old line such as apparel textiles metals tobacco addition federal which accounts 4 6 percent
