Virginia has been named as the nation’s “Top State For Business” in 2021 CNBC’s rankings, the second year in a row.
Virginia has now won the award five times, surpassing Texas for most years as at the top.
Business news network CNBC has been ranking the best states for business since 2007 with Virginia winning five times, the most out of any state.
Virginia also was ranked the top state for business in 2019. CNBC did not publish the rankings in 2020 because of the pandemic.
It is Virginia’s fifth win since the study began in 2007, more than any other state. And it is the first state to post back-to-back victories.
Virginia pulls off the repeat performance despite a vastly altered competitive landscape, a testament to the resilience of the state’s business climate, according to CNBC.
In a statement, Gov. Ralph Northam said the “coveted recognition” speaks well for the policies Democrats have enacted since taking control of state government in 2019.
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