Economy

January 3, 2025 by WVCBP
Morrisey Names Executive Team, Cabinet Picks; Wants ‘Shining State in the Mountains’

Charleston Gazette-Mail - Gov.-elect Patrick Morrisey detailed 15 members of his executive team and Cabinet secretaries at a news conference Thursday. Morrisey also commented on his hiring process and some of his administration’s priorities upon inauguration on Jan. 13. Read the full article. “It’s our intent to repurpose and right-size government,” Republican Morrisey said. “We’re…

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December 3, 2024 by Kelly Allen
West Virginia Revenue Barely Meets Projections

WVOW Radio - West Virginia's revenue collections now narrowly exceed projections, leaving incoming state leaders with limited financial flexibility as they prepare to take office. Read the full article. State revenue collections are five million dollars ahead of projections, with $2.1 billion collected since the fiscal year began in July. This leaves little margin for…

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October 17, 2024 by Sean O'Leary
Checking in on West Virginia’s Economy in 2024

As we enter the final quarter of 2024, a number of economic indicators show West Virginia's economy both slowing down and lagging behind the rest of the country. Growth in gross domestic product (GDP), personal income, wages and salaries, and employment have all shown signs of slowing, while business tax revenue collections are below that…

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October 8, 2024 by WVCBP
New Report Highlights Women’s Paid and Unpaid Labor in West Virginia

For Immediate Release: October 8, 2024 Contact: Sean O'Leary, (304)-400-8899 Charleston, WV – Each year the West Virginia Center on Budget and Policy releases our annual State of Working West Virginia report, which examines the Mountain State’s economy through the lens of its workers—the people who power our state and economy. While each year’s report has a slightly different focus, one consistent…

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October 8, 2024 by Sean O'Leary
State of Working West Virginia 2024: Women’s Paid and Unpaid Labor

Introduction This report is the 17th edition of the State of Working West Virginia, an annual series that examines West Virginia’s economy through the lens of its workers—the people who power our state and our economy. Previous editions have examined data on employment, income, racial disparities, job quality, and economic performance. While each year’s report…

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September 26, 2024 by WVCBP
Lawmakers Must Focus on Economy

Wheeling Intelligencer, The Intermountain - We are months away from the next regular session of the West Virginia Legislature, but the West Virginia Chamber of Commerce’s 2024 Campaign for Jobs Digest includes some ideas about what lawmakers should prioritize. (Hint: It’s not incredibly archaic socio-cultural agendas.) Read the full article. Economic issues are still a…

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September 24, 2024 by WVCBP
W.Va. Needs Workforce, Education Improvements, Say Economists

West Virginia Public Broadcasting, River Cities Tribune and Register, West Virginia News - West Virginia continues to struggle in key economic areas, according to new data from the West Virginia Chamber of Commerce. The business group says the years-long trend requires policy solutions. Read the full article. Between 2013 and 2023, West Virginia was one of just…

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February 2, 2024 by Kelly Allen
This Tech Titan Wants to Turn West Virginia Into a ‘Start-Up State’

New York Times - John Chambers grew up in West Virginia and went on to run what was once the world’s most valuable company, the computer networking firm Cisco Systems Inc. Now he is trying to help economically lagging West Virginia by making it a “start-up state” akin to Israel, which has been called the start-up nation.…

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February 1, 2024 by Sean O'Leary
West Virginia is Marketing Itself to Business but Will Regular People Benefit?

Times West Virginian, West Virginia Press, Spirit of Jefferson - West Virginia is the place to do business. That’s the message lawmakers have been keen to spread as the state pursues policies and initiatives designed to encourage businesses to come to the Mountain State. Read the full article. Collectively, the effort is called Choose West…

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