News In Brief: CNBC Says Virginia Is Top State for Business, With Best Public Schools

July 15, 2024
A graphic illustration of an orange state of Virginia over a blue chart background.

(Illustration by John DiJulio, University Communications)

Business news channel CNBC says Virginia has notched “an unparalleled sixth win in CNBC’s annual state competitiveness rankings, and its third victory in five years” in the network’s annual ranking of states for business.

The network also said the state’s public school system – which features the University of Virginia as its flagship institution of higher learning – is the “best in the country.”

The ranking, according to CNBC, is “a record unmatched by any other state since the study began in 2007.”

The news outlet also called Virginia a leader in “linking businesses with shovel-ready sites,” finishing third in the category of infrastructure.

In making its assessment, CNBC considered 10 categories of competitiveness. Beyond education and infrastructure, they judged workforce, quality of life and the economy.

Media Contact

Jane Kelly

University News Senior Associate Office of University Communications