Virginia's economy continues to show strength, with the state's gross domestic product projected to grow by 2.4% in 2025, outpacing national predictions[3]. The University of Virginia's Weldon Cooper Center for Public Service forecasts stable inflation and unemployment rates remaining below the national average. However, employment growth is expected to slow in the coming years.
In political news, the Virginia General Assembly adjourned its regular session on February 22, 2025, with lawmakers finalizing budget amendments and passing numerous bills[2]. The focus now shifts to the upcoming gubernatorial race, where either Abigail Spanberger or Winsome Earle-Sears could make history as the state's next governor. Governor Glenn Youngkin has until March 24 to take action on bills sent to his desk, with a reconvene session scheduled for April 2 to address any amendments or vetoes[7].
The state is preparing for the 250th anniversary of the American Revolution, with the Virginia American Revolution 250 Commission (VA250) launching several initiatives[1]. These include a mobile museum experience and a major exhibition titled "Give Me Liberty" at the Virginia Museum of History and Culture in Richmond, opening on March 22, 2025. The commemoration will feature a series of events, exhibits, and interactive experiences highlighting Virginia's role in the nation's founding.
In business news, Texas-based travel center Buc-ee's is set to open its first Virginia location in Rockingham County in June 2025, bringing over 200 jobs to the region[1]. The hospitality sector is also expanding, with the Hotel Petersburg, a Tapestry Collection by Hilton property, recently opening in Old Towne Petersburg.
On the environmental front, Virginia is taking steps to build flood resilience in the face of climate change. The Virginia Conservation Network has outlined key opportunities for lawmakers to strengthen wetland protections and develop comprehensive plans for tidal and nontidal wetlands[9]. These efforts come in the wake of recent severe weather events, including Hurricane Helene, which impacted the state's southwest region.
Looking ahead, Virginia will host the final "A Common Cause To All" event from March 24-26, 2025, bringing together state planners and localities to collaborate on ideas for the semiquincentennial celebration[6]. Additionally, the state is preparing for potential federal-level actions that could impact the state budget, with a special legislative session planned for later in the year[7].
This content was created in partnership and with the help of Artificial Intelligence AI
