PolitiFact VA: Youngkin not far off on economic growth claim
Speaker: Gov. Glenn Youngkin
Statement: Virginia’s economic growth “has stalled at less than 1% per year for eight years.”
Date: Jan. 17
Setting: Speech
Gov. Glenn Youngkin says Virginia families, fighting to cope with inflation, don’t take solace in the state’s economic outlook.
“They see an economy whose growth has stalled at less than 1% per year for eight years,” Youngkin, a Republican, said in his maiden address to the General Assembly on Jan. 17.
We fact checked Youngkin’s claim about the state’s economic growth, which he made repeatedly during last year’s campaign, and found it credible, but a little low. Youngkin has pledged to charge Virginia’s growth by reducing regulations, cutting business taxes and expanding workforce training.
The numbers
Youngkin’s percentage for the state’s economic growth comes from the U.S. Bureau of Economic Analysis, according to Macaulay Porter, his press…
