Suite 2012 Jim Corcoran Fairfax County Chamber of Commerce

Suite 2012

Jim CorcoranFairfax County

Chamber of Commerce

Why Fairfax/NOVA

• Highly Educated Workforce• Great Education Systems• Business friendly state and locality• Technology based economy• Global access• US Federal Government• Access to everyone

Businesses in Fairfax CountyOwnership # Companies # Employees $ Sales

African American 7,174 9,385 $1.3 BillionAmer. Indian/Alaska 460 456 $61 MillionAsian 18,915 30,688 $5.3 BillionHispanic 9,628 14,828 $1.8 BillionWomen 34,242 34,274 $5.8 Billion

Total 112,000 580,000

Looking Ahead

Looking Forward

• Economy continues to improve• Economy privatizes• Demographics older• Demographics younger• Demographics diversify• Housing demands changing• Transit oriented growth

Potential Issues Impacting our Region

• Federal Election• Federal Budget• Government Spending Cuts• New Industry Sectors• New Businesses

Suite 2012

Thank You!