Virginia revenues surge despite job losses amid budget standoff

By: Markus Schmidt

Outlets: Virginia Mercury

Published: May 20, 2026

Words: 1,100

Last Updated: 2 months ago

Body Text Preview

Virginia’s economy is showing increasing signs of strain from slower job growth, rising inflation and weakening consumer confidence, even as state revenues continue exceeding expectations and giving lawmakers more room to negotiate a stalled state budget, Virginia Secretary of Finance Mark Sickles said Tuesday.

Presenting the administration’s latest economic and revenue update to the Senate Finance & Appropriations Committee in Richmond, Sickles said Virginia has lost 41,900 jobs since the start of the …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us