Virginia Announcements & Closings Database
For more information, please contact Janell Stanley with VEDP's Research Department.
Company Growth Data
The information indicates the kind of new economic activity occurring in the state; it does not measure total employment growth. Information is gathered from the Virginia Economic Development Partnership's allies at state, regional, and local levels, as well as from published sources and Partnership staff. Rules for documentation of announcements were established to ensure consistency of reported data. All information is obtained on a voluntary basis and no claim is made that the data are complete.
Company Reduction Data
This database tracks employment reductions and business closings in Virginia. The data is based on announcements of planned reductions and/or closings in Virginia by basic companies (manufacturers and non manufacturers with a substantial customer base outside the state). Information shown here can be used for a variety of reasons including identifying available workers in an area. Closings/reductions reflect internal decisions of business and may not reflect economic conditions or the quality of the work being performed there.
Information is gathered from the Virginia Economic Development Partnership's allies at state, regional, and local levels, as well as from published sources, Worker Adjustment and Retraining Notification (WARN Act) notices, and Partnership staff. Rules for documentation of announcements were established to ensure consistency of reported data. All information is obtained on a voluntary basis and no claim is made that the data are complete.