Virginia. Ranked #1 one state for business two years in a row.

A year of pandemic and social reckoning has changed the nation in countless ways. But one thing has stayed the same: America’s Top State for Business is Virginia.

The Old Dominion captures top honors in CNBC’s 2021 competitiveness rankings, just as it did in the previous study published in 2019. It is Virginia’s fifth win since the study began in 2007, more than any other state. And it is the first state to post back-to-back victories (CNBC did not publish rankings in 2020 due to the pandemic.)

Virginia pulls off the repeat performance despite a vastly altered competitive landscape, a testament to the resilience of the state’s business climate.

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