June is national dairy month, but not all dairy farmers are milking it up. Dairy farms in the nation have declined every year over the past decade from 59,130 in 2007 to 40,219 in 2017 according to the USDA, and reports of struggling dairy farmers are more and more prevalent. Just over half of all dairy farms are in the Midwest, and these states have been hit the hardest over the past decade, suffering a 34.5% decline from 32,245 farms to 21,120 farms.
Economic Impact: Virginia receives a grant to create a Defense Department contract spending impact tool
Virginia’s dependence on defense contracts puts it in both an enviable and awkward position. It’s enviable because firms in the state received more revenue from defense contracts performed than any other state, except California, in the federal fiscal year that ended Sept. 30, 2017. It’s awkward because with 4.4 percent of Virginia’s gross domestic product dependent on defense contracts, the state’s economy can take a hit during defense downsizing — as it did in 2013. During that year, employment stalled in Virginia and grew only 0.7 percent, compared with 1.6 percent growth nationally.
- Richmond Times Dispatch Articles
RICHMOND—Governor Ralph Northam today announced the release of the latest update of the Virginia Department of Defense (DoD) Contract Spending Impact Tool, featuring supply-chain mapping of DoD contract awards.
- Federal Spending
Jobs in the fields of science, technology, engineering, and math (STEM) are expected to grow faster than the average occupation over the next 10 years, but what does demand for STEM vs. non-STEM look like today? Real-time intelligence from online job ads can help compare these occupation groups.
Happy National Bike Month, everyone! Given that May is the month set aside to celebrate the joys of cycling, we thought we would explore what relationships there might be between the nation’s most bicycle-friendly regions and their economic and demographic characteristics.