There’s a real spark to the West Virginia economy these days. An economic analysis from the firm, Go Banking Rates says the Mountain State now leads the nation in Gross Domestic Product growth.
“But to say from a banking rating company that West Virginia has the fastest growing economy of any state in the country? I mean it’s real stuff,” said Gov. Jim Justice, (R) West Virginia.
This week on “Inside West Virginia Politics” we took our cameras to the annual Business and Industry Council legislative preview in Charleston.
“What West Virginia needs is to diversify its economy. And that’s going to take technology, education and capital investment in the state,” said John McNabb, of the American Leadership Council.
And there was lot’s of discussion of the billion dollar road bond projects – passed by voters – that will start early next year.
“Once again new businesses have that very, very high on their scale of things they look at when they consider relocating businesses or even existing businesses,” said Chris Hamilton, President, WV Business and Industry Council.
We’ll also look at one of the largest construction projects in West Virginia right now; the 100-million dollar renovation of the Charleston Civic Center.
Reporter Question: If we attract more conventions, more business meetings here. It means more hotel rooms, more restaurant visits, and it’s quite a shot to the economy?
“Well that’s outside money, because those are people who are coming into the community that normally wouldn’t be here. So that, conventions and meetings are really economic drivers,” said John Robertson, General Manager of the Charleston Civic Center.
“The bottom line here: the renovations to the Charleston Civic Center are set to be complete by September 2018. We’ll talk about it all Sunday on Inside West Virginia Politics,” said Mark Curtis, host of Inside West Virginia Politics.