Business/Economy
AAA: Downward trend in gas prices to continue through Thanksgiving holiday
Gas prices continued their decline, yet at a much slower pace than the double-digit weekly declines seen in October. The national average price for a gallon of regular self-serve gasoline dropped to $3.43 Friday, just 3 cents lower than a week ago, yet 33 cents less expensive than one month ago.
State revenues up 15.7 percent in October
Gov. Bob McDonnell announced today that total general fund revenue collections rose by 15.7 percent in October, primarily due to growth in individual withholding, nonwithholding and corporate income tax payments.
Study: Medical costs for injured workers in Virginia higher than national average, rising faster
The cost per claim for medical care for injured workers in Virginia was higher than in most states and growing faster, according to a new study, Benchmarks for Virginia, CompScope™ 13th Edition, by the Workers Compensation Research Institute.
Film, TV mean big bucks to Virginia economy
Gov. Bob McDonnell announced this week that the 2011 total economic impact of the film and television industry in Virginia was $394.4 million, a 14.5 percent increase over 2010. In addition, 3,817 jobs were attributed to the film industry in 2011, up from 2,651 jobs in 2010.
Report: Record year for Virginia peanuts
The Virginia Department of Agriculture and Consumer Services announced today that Virginia’s peanut yield is forecast to be 4,200 pounds per acre this year, up 200 pounds per acre from the previous month’s forecast. If realized, this would be a record yield. Production is estimated to be 84 million pounds, up 37 percent from last year. Producers are expected to harvest 20,000 acres in 2012.
AAA: Gas prices expected to decline through Thanksgiving
Prices at the pump continued their decline for the fourth straight week, moving to their lowest level in more than 100 days. The national average price for a gallon of regular self-serve gasoline dropped to $3.46 Friday. This price is 4 cents less expensive than one week ago and 35 cents less expensive than one month ago.
AAA: Gas prices continue downward trend, despite Sandy
Gas prices continued their downward trend for the third consecutive week, following Hurricane Sandy’s impact on the northeastern U.S.
Shentel announces third-quarter earnings
Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) announces financial and operating results for the three months ended Sept. 30, 2012.
Farm Bureau: Cost of Thanksgiving meal down 80 cents
Virginians will be able to feed their families a Thanksgiving meal for a little more than $4.72 per person this year, according to an informal price survey conducted by the Virginia Farm Bureau Federation.
Sandy’s impact on gas prices
Many industry analysts have been predicting that gas prices could move higher in the short term, but the overall dynamic favors lower prices due to demand destruction, according to a report released on Wednesday by AAA.
