The Roanoke MSA is performing well in key economic indicators according to John Hull, Director of Market Intelligence for the Roanoke Regional Partnership. Employment growth is strong; outpacing the rate of employment growth for Virginia.
The Roanoke Regional Partnership has released a year over year report for the Region's various economic indicators, signaling that Roanoke Economy remains very strong and is out-pacing many of its peer communities throughout the state.
At 1.3 percent growth and 2,100 new jobs, employment growth from August 2018 to August 2019 in the region exceeds employment growth rates for NOVA, Richmond, Hampton Roads, Lynchburg, and Blacksburg (BLS). According to Hull, employment growth portends positive direction going forward and will support strong growth in the overall economy.