Investor Presentaiton
Among The Most Attractive Markets in USA
Household Income ($)
2020 Population (mm)
#
State
HHI ($)
# State
Pop. (mm)
CNBC
1
District of Columbia
2
Maryland
91,414
90,160
1 California
39.7
2
Texas
29.6
3
New Jersey
89,080
3
Florida
21.9
4
Hawaii
5
Massachusetts
6 California
7
Connecticut
8 Washington
9
New Hampshire
10 Alaska
11 Virginia
87,979
87,126 5 Pennsylvania
82,565 6 Illinois
81,962 7 Ohio
81,728 8 Georgia
81,460 9 North Carolina
80,135 10 Michigan
79,124 11 New Jersey
4 New York
19.4
12.8
12.6
11.7
10.8
10.6
10.0
8.9
12 Utah
13 Colorado
78,645
12 Virginia
8.6
14 Minnesota
15 New York
78,070 13 Washington
76,329 14 Arizona
7.8
7.4
74,462
15
Massachusetts
6.9
GDP ($bn)
Fortune 500 Companies
# State
GDP ($bn)
#
State
1
California
3,164
1
New York
2345678
Texas
1,891
2
California
New York
1,730
3 Texas
Florida
1,104
4
Illinois
Illinois
901
5 Ohio
#
Companies
54
53
50
37
27
Pennsylvania
815
6 Virginia
Ohio
699
7
Pennsylvania
New Jersey
647
8
Florida
9
Georgia
621
9
Georgia
10
Washington
607 10
New Jersey
11
Massachusetts
601
11 Michigan
12
North Carolina
593
12 Massachusetts
13
Virginia
560
13 Minnesota
14
Michigan
542
14 Connecticut
15
Maryland
432
15 Tennessee
22077F630
18
18
17
17
17
16
13
10
ranked Virginia the Best State for Business
two years in a row
Forbes ranked Virginia the 4th Best State for Business
•
3rd in Labor Supply
1st in Regulatory Environment
16th in Growth Prospects
Virginia's June unemployment rate was 4.3%
which is the 17th lowest unemployment rate of
any state
U.S.News ranked Virginia 11th for Economic Opportunity
•
11th lowest Poverty Rate
Virginia is home to 723,962 Small Businesses -
99.5% of Virginia businesses
USA
ranked Virginia 7th of America's Best States to
TODAY Live In
7th most educated state in America and home
to more than 10 elite colleges & universities
Atlantic
Union Bankshares
BF
BUSINESS
FACILITIES"
Best Business Climate in America
Source: SNL Financial; Bureau of Economic Analysis; Bureau of Labor Statistics, Fortune.com, U.S. News & World Report;
Forbes, CNBC, U.S. Small Business Administration, USA Today; Business Facilities Unemployment data as of 6/21
8View entire presentation