An amphibious transport dock ship Pre-Commissioning Unit (PCU) Arlington (LPD 24) is positioned at its berth at its new homeport of Naval Station Norfolk,Virgina.
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| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 304 | 3 | 2 | A+ |
| Infrastructure | 207 | 20 | 25 | C+ |
| Cost of Doing Business | 161 | 34 | 35 | C+ |
| Economy | 208 | 13 | 20 | B+ |
| Quality of Life | 190 | 19 | 17 | C+ |
| Technology & Innovation | 141 | 15 | 16 | B |
| Education | 147 | 6 | 13 | A- |
| Business Friendliness | 116 | 5 | 7 | B+ |
| Access to Capital | 77 | 13 | 13 | B+ |
| Cost of Living | 18 | 33 | 28 | D+ |
| [[link#105237323#Overall]] | 1569 | 4 | [[link#104395450#7]] | - |
Economic Profile
Governor: Ralph Northam, Democrat
Population: 8,470,020
GDP growth (Q4 2017): 2.5 percent
Unemployment rate (May 2018): 3.2 percent
Top corporate tax rate: 6 percent
Top individual income tax rate: 5.75 percent
Gasoline tax: 22.40 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Wal-Mart, Huntington Ingalls Industries, Altria Group
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
