The story remains that Virginia benefited greatly by the increases in federal spending that were occurring over the past decade, said Christine Chmura, an economist with Chmura Economics & Analytics in Richmond. Now that the government is shrinking, it is having a damping effect on the overal
Date: Dec 20, 2014
Source: Google
McAuliffe backs 550-mile natural gas pipeline, disappointing environmentalists
After the six-year construction phase, about 217 jobs will be necessary to maintain the pipeline, said Christine Chmura, chief economist for Chmura Economics & Analytics in Richmond, who studied the projects economic impact. She estimated it would generate $14.6 million tax revenue for the stat
Date: Sep 02, 2014
Category: Business
Source: Google
State jobless rate up slightly as payroll growth lags the nation
"Employment growth has picked up in Virginia, but it continues to struggle under the weight of federal cuts in spending," said Christine Chmura, chief economist for Chmura Economics & Analytics in Richmond.
The monthly figures showed that Virginias economy is still being hurt by federal budget cuts that lessen demand for defense and government contract-related work, said Christine Chmura, president and chief economist of Chmura Economics & Analytics in Richmond.
Christine Chmura, president and chief economist for Richmond-based Chmura Economics & Analytics, cautioned that Virginias employment picture still has problems even though the states unemployment rate was under 5 percent for the first time since November 2008.
force rose by about 8,555. That is a change from what had happened in some previous months when labor force declined because people who could not find jobs were giving up and were no longer counted in the labor force, said Christine Chmura, president of Chmura Economics & Analytics In Richmond.
"Similar to the nation, the Virginia economy hit a soft spot in the summer that is carrying into the fall," said Christine Chmura of the research firm Chmura Economics & Analytics in Richmond. Although employment is still growing, it has "slowed to crawl" when compared with last year, she said.