Fredericksburg Region Industry Cluster Study
Chmura Economics and Analytics recently completed an industry cluster analysis for the Fredericksburg Regional Alliance. The region, Planning District 16, includes Fredericksburg and the counties of Spotsylvania, Stafford, King George and Caroline. The study identified six “priority” clusters that are anticipated to experience the most growth and on which regional leaders should focus attention: business services; finance, insurance and real estate; health and life sciences; information and communications, manufacturing, and public administration.
Chmura also noted that the region’s growth rate of 2.4 percent puts it far above the national average of just under one percent, and continuies to make it one of the fastest growing areas of the country.
Stafford County leaders recently took bold action to promote enhanced retail offerings for local residents. The Riddle Company, based in Washington, DC, was engaged to develop a comprehensive retail attraction study. The final report includes key data, trade area statistics, as well as specific recommendations for increasing and enhancing retail growth opportunities in Stafford County.
Stafford Economic Development Annual Reports
The Stafford Economic Development Authority publishes an Annual Report on a yearly basis. This publication reviews Stafford's progress in the areas of business growth, employment gains, and positive business climate. Links to download the current Annual Report and past Annual Reports are below.
The Master Redevelopment Plan summarizes the four areas of Stafford County targeted for redevelopment. Due to the length of this plan and the size of the files, this plan is only available on CD. For more information, visit the Featured Development Areas page. Contact Redevelopment staff to request a copy of the Redevelopment Plan on CD.
The Department of Economic Development is proud to share the Stafford County Economic Development 10 Point Plan. The Plan, adopted by the Board of Supervisors in September 2011, defines and memorializes the Board's commitment to economic development.
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The Stafford Focus is published quarterly in an effort to communicate with local companies about business-related matters in Stafford. If you wish to subscribe to the Stafford Focus, click here.