Data centers have become essential to supporting Virginia’s bright economic future. Today, DCC President Josh Levi authored a column in the Richmond Times-Dispatch highlighting how Virginia’s comprehensive JLARC report fundamentally validates the Commonwealth’s leadership in attracting and nurturing this important industry. “Underscoring the substantial economic benefits data centers provide to residents and local communities, JLARC found that the industry annually supports 74,000 jobs, $5.5 billion in labor income, and $9.1 billion in GDP in Virginia. In fiscal year 2023, statewide data center investment was $24 billion, and from 2022-2024 data centers accounted for 84% of all capital investment tracked by the Virginia Economic Development Partnership. JLARC also recognizes that data centers generate substantial tax revenue that funds important community priorities like education, public safety and transportation across the commonwealth — all while requiring relatively few public services to support their own operations and employees." Read Josh’s full column here: #datacenters #digitalinfrastructure #Virginia #investment
