Business

2:45pm

Mon February 2, 2015
Agriculture-Economy

Broiler chickens, soybeans top Va. agricultural products

RICHMOND, Va. (AP) — Broiler chickens and soybeans are Virginia's biggest agricultural products.

The most recent Census of Agriculture, for 2012, shows broiler chickens topped commodity sales that year. Growers sold about $638 million worth of broiler hens. Soybeans were the top crop with more than $300 million in sales.

Total agricultural product sales exceeded $3.7 billion.

The census also shows there are more than 46,000 farms in Virginia, covering more than 8.3 million acres.

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1:03pm

Wed January 28, 2015
Company Leaving-Jobs

Maryland officials meet with company leaving Salisbury

ANNAPOLIS, Md. (AP) — Maryland officials have met with leaders of a manufacturing company that has announced plans to leave Salisbury to discuss how to help about 500 people who work at the Eastern Shore facility.

Sen. Barbara Mikulski's office says the senator and Lt. Gov. Boyd Rutherford met Tuesday with leaders from Labinal Power System's parent company, Safran North America.

Mikulski's office says plans call for working with local officials to help find a new employer for the facility.

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4:20pm

Tue January 27, 2015
Unemployment-Va

Virginia's jobless rate falls to lowest since October 2008

RICHMOND, Va. (AP) — Virginia's jobless rate fell to 4.8 percent in December, marking the state's lowest unemployment rate since October 2008.

The state's seasonally adjusted unemployment rate was down from 5 percent in November and down from 5.2 percent a year ago.

The Virginia Employment Commission says job gains were seen in six major industries, including leisure and hospitality and total government. Job losses were recorded in five other industries, including construction.

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4:25pm

Fri January 16, 2015
Forest Payments-Virginia

Timber county payments fall in Va. after subsidy expires

RICHMOND, Va. (AP) — Virginia and 40 other states are losing money after Congress ended subsidies to counties that contain national forest land.

Agriculture officials announced Thursday that the U.S. Forest Service is distributing more than $50 million to 746 timber counties nationwide. That's compared with about $300 million during the final year of the Secure Rural Schools subsidies program.

Virginia is set to receive more than $282,000 this year. That's down from about $1.58 million last year.

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3:46pm

Fri January 16, 2015
Revenue Review Panel

First meeting set for panel examining Delaware revenues

NEW CASTLE, Del. (AP) — A task force charged with conducting a structural review of Delaware's current revenues is holding its inaugural meeting.

The Structural Revenue Review Committee will meet Friday afternoon at the Buena Vista State Conference Center in New Castle.

Member of the Delaware Economic and Financial Advisory Committee, which approves the state's official revenue forecasts, announced the formation of the review panel last month, saying Delaware faces fundamental limitations that constrain its finances.

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