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The Seventh Annual Virginia Chamber

of Commerce Economic Conference

sponsored by 80 organizations was held in

Williamsburg on December 2nd and over

700 attendees were welcomed by Mr. Barry

DuVal, President & CEO of the chamber.

At the annual Luncheon, The First Lady

of Virginia Dorothy McAuliffe gave brief

remarks about Virginia’s economy.

The focus of the conference was the introduction of the 2016

State of the Commonwealth Report. The Report, consisting of 172

pages, was presented by Old Dominion University’s Dr. James V.

Koch, Professor of Economics and President Emeritus; Dr. Larry

Filer, Senior Fellow, Center for Economic Analysis and Policy; and

Dr. Robert McNab, Deputy Director, Center for Economic Analysis

and Policy.

The contents of the Report included current topics and very

interesting trends - The Virginia Economy in Transition; NOVA:

Turning the Corner?; The Hotel Industry in the Commonwealth;

Will Robots Take Your Job? A Look At Virginia’s Opportunities

and Vulnerabilities; Broadband in Virginia: Vital for Economic

Development; Stock Car Racing in Virginia: The Sport and the

Business; The Rise of Single-Earner Households in Virginia: Why It

Matters and Liberty University: A Higher Education Phenomenon. A

copy of the report was available to all attendees.

Mr. KeithMartin, ExecutiveDirector,VirginiaChamber Foundation

and Executive Vice President,

Public policy and General Counsel,

Virginia Chamber of Commerce

presented the Chamber Foundation




focus on how Virginia compares

with other states on key economic

indicators in addition to how the

different geographical regions of the

Commonwealth are faring.

A Kickoff to Blueprint Virginia 2025 was presented by Mr.

Robert M. Blue, Senior Vice President-Law, Regulation and Policy

and President, Dominion Virginia Power and Chairman of the

Blueprint Virginia 2025 Steering Committee and Mr. Ryan Dunn,

Executive Vice President of Corporate and Government Affairs,

Virginia Chamber of Commerce. The attendees participated through

their smart phones in voting to identify priorities for long-term

economic growth in the Commonwealth. You can download a copy

of this Report from the Virginia Chamber of Commerce web page.

Another highlight of the summit was an expert analysis

presentation of the presidential election and next year’s political

climate in the Commonwealth by Dr. Bob Holsworth, Managing

Principal, DecideSmart.

According to Dr. Holsworth, Virginia is a divided

Commonwealth—Republicans are favored in the rural areas and

Democrats favored in the cities and metro areas. Voter turnout in

geographical areas, especially in NOVA, greater Richmond, and

Virginia Beach are critical to both parties to win statewide elections.

Democratic Candidate Lt. Governor Ralph Northam gave his

opening remarks on the need for better education and research

opportunities and stated that over the past three years Virginia had

Another Successful Virginia

Economic Summit and

a Visit from Gubernatorial


By Michael E. Belefski

Parking available adjacent to building

Phone 804-644-1702

FAX: 804-644-1703


Web Site:

hen it comes to events no one

throws a party like David Napier.

Known throughout Central Virginia for his

wonderful food and hospitality, David is

delighted to have opened his catering facility in

the heart of Shockoe Bottom. No event is too

small or large. Delicious Box Lunches delivered.


ne of Richmond’s most elegant dining

rooms is now exclusively available for your

private parties and special events. Our award

winning chefs produce an array of dishes from

steaks and seafood to vegetarian and

international masterpieces that will satisfy the

most discriminating palate. The Old City Bar

is the perfect place to celebrate.

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