Category Archives: Economy

Tax Cuts Likely to Lead to Records for Recovery

Sometimes it’s hard to believe that this expansion is already more than 8 years long–only 18 months short of the record 120-month expansion that occurred from March 1991 to March 2001. A few analysts are concerned about a recession occurring … Continue reading

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Fewer Young People, More Geezers Working These Days

The percentage of young people (ages 16 to 25) participating in Virginia’s workforce has been sliding over the past 15 years, while the percentage of old-timers (65 years or older) in the workforce has been increasing. The percentage change of … Continue reading

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Holiday Sales Look Stronger This Year

The holiday selling season got off to a strong start on Black Friday but the results were mixed when comparing online versus in-store sales. Online spending for Black Friday, the traditional start of the holiday selling season, was up 16.9 … Continue reading

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Job Openings – Facts and Figures

The median number of days of 65,167 job postings in Richmond was 27 days, meaning that 32,583 get filled in less than 27 days and the remainder take longer. Continue reading

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Some Manufacturing Sectors Are Doing Well

Most people probably wouldn’t be too surprised to learn that employment at online retailers or internet publishing and web search portal firms grew at a double-digit annual average pace over the last 10 years ending with 2016.

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