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Virginia named America’s Top State for Business in 2024 by CNBC

Written on July 11, 2024

Virginia has been named as America’s Top State for Business in 2024 due to its outstanding education system and policies that support business growth. This marks Virginia’s sixth time at the top of CNBC’s rankings and its third win in five years, setting a record unmatched by any other state since 2007. The state excels across all 10 categories of the study and ranks third in infrastructure, crucial as billions in federal funds are allocated for new projects. With its strategic location, Virginia offers easy access to a vast population and dominates in global internet traffic through its Northern region, despite challenges in the power grid’s reliability.

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