Economic Development
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Your support helps us continue delivering more in-depth community news that matters to you. Thank you.
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FREDERICKSBURG — For the first time, the George Washington Regional Commission (GWRC) is creating a comprehensive economic development plan for Planning District 16 — and it wants to hear directly from the community.
GWRC, which serves Caroline, King George, Spotsylvania, and Stafford counties, as well as the City of Fredericksburg, has launched an online survey to help shape a Comprehensive Economic Development Strategy (CEDS). The initiative is funded by a grant from the U.S. Economic Development Administration and facilitated by GWRC’s consultant, RKG Associates, Inc.
Tourism Spending in Virginia Hits Record $35 Billion; Prince William Sees More Out-of-State Visitors
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PRINCE WILLIAM COUNTY, Va. – Virginia welcomed more visitors and more tourism dollars in 2024 than ever before, generating a record $35.1 billion in spending, Governor Glenn Youngkin and the Virginia Tourism Corporation announced this week. That’s up 5.4% from $33.3 billion in 2023 and marked the first time overnight visitation surpassed pre-pandemic levels. More than one million additional overnight visitors came to the Commonwealth in 2024 — a total of 44.7 million people.
Statewide, travelers spent an average of $96 million per day, up from $91 million the year before. Tourism supported more than 229,000 jobs in 2024, nearly 5,000 more than in 2023, and generated $2.5 billion in state and local tax revenue. Officials say that amounts to $990 in annual savings for each Virginia household.