Virginia

Voters in Virginia also decided the fate of several large bond referendums while Atlanta voters will see a mayoral runoff at the end of the month.

The state will help back the $200 million project through up to $17 million of municipal bonds to be issued by the Virginia Public Building Authority.

Florida gained 84,500 jobs in September, with the state’s unemployment rate falling under 5%.

In his annual revenue speech, Virginia Gov. Ralph Northam highlighted the state’s record reserves, budget surplus and optimistic economic outlook.

Total revenue collections rose 14.5% from fiscal year 2020, ahead of an earlier forecast of 2.7% growth.

Fitch affirmed $14.3 billion of annual appropriation-backed debt at AA-plus in addition to the $1.1 billion of AAA-rated general obligation bonds.

The Bureau of Ocean Energy Management will initiate an environmental review for Virginia's large-scale commercial offshore wind project.

A new administration in Washington and the power of coastal atmospheric patterns may boost wind-turbine electricity generation in the Southeast.

Virginia Space is seen as a driver for the state’s economy because it provides space access at competitive prices and secure facilities for testing unmanned vehicles.

The state’s seasonally adjusted unemployment rate remains below the national unemployment rate of 6.0%.