
The biggest drag on Virginia’s business ranking is Trump
Virginia jumped a spot to No. 3 in this year’s CNBC rankings of the Top States for Business, and the financial news network said the Old Dominion might have ranked higher except that its economy is still suffering from President Donald Trump’s DOGE cuts a year ago.
DOGE’s “chainsawing attack on public servants” has put families out of work and dampened consumer spending, Virginia Gov. Abigail Spanberger (D) said in an interview. Countering that requires “a long-term rebuild.”
She declined to mention her Republican predecessor, Glenn Youngkin, by name, but said she was proud of bettering his outgoing No. 4 ranking. “I’m sure it’s not lost on anyone,” she said.