Virginia economy expected to dip below national average for first time in years, UVA economists say

CHARLOTTESVILLE, Va. (WVIR) – Virginia’s economy is expected to decline in 2026, dipping below national averages for the first time in years, according to economists at the University of Virginia.

The Weldon Cooper Center at UVA predicts Virginia’s GDP will decrease by 0.2% this year.

“2026 seems now more challenging than it’s seemed before,” said Joao Ferreira with UVA’s Weldon Cooper Center, which studies the state and national economy…

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