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Sep 28, 2018

Chris Lloyd Quoted in The Winchester Star on Virginia’s Lagging Economy

Chris Lloyd, senior vice president and director of McGuireWoods Consulting’s infrastructure and economic development team, was quoted in a Sept. 27 article by The Winchester Star.

The article covered the Museum of the Shenandoah Valley’s 10th anniversary Business Forum Luncheon, where Lloyd was a featured speaker.

Lloyd was joined by City of Winchester Development Services Director Shawn Hershberger and Frederick County Economic Development Authority Executive Director Patrick Barker. Lloyd discussed the current state of Virginia’s economy, showing that Virginia is far below other states and the U.S. average when it comes to economic growth over the past seven years.

“Boosting the economy locally and statewide will require communities to invest in infrastructure and education,” Lloyd said. “Economic development is not about groundbreaking or ribbon-cutting ceremonies as much as it is about talking to elected officials and engaging with the public.”

Through investments in business leadership development, workforce training and effectively communicating types of skills needed to graduates, Virginia can have a brighter economic future, he said.