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Economic Summary of West Virginia

The GDP for West Virginia was $69 billion^[1]. West Virginia had an estimated population of 1.855 million as of 2012^[2]. The GDP per capita was $30,389 in 2012^[3].

Counties

There are 55 counties in West Virginia. Below are the top ten localities ranked by population 2010.^[4]

Rank	Locality	Population 2010
1	Kanawha	193,063
2	Berkeley	104,169
3	Cabell	96,189
4	Monongalia	96,189
5	Wood	86,956
6	Raleigh	78,859
7	Harrison	69,099
8	Mercer	62,264
9	Marion	56,418
10	Putnam	55,486

List of counties in West Virginia by population

Cities

Top 10 cities in West Virginia by estimated city proper population in 2010.^[5]

Rank	City	Population 2010
1	Charleston	51,400
2	Huntington	49,138
3	Parkersburg	31,492
4	Morgantown	29,660
5	Wheeling	28,486
6	Weirton	19,746
7	Fairmont	18,074
8	Beckley	17,614
9	Martinsburg	17,227
10	Clarksburg	16,578

List of West Virginia cities by population

Industries

West Virginia industries by GDP 2012.^[6]

Industry	GDP value added $ billions 2012	% of total GDP
Government	12.23	17.63%
Mining	9.03	13.02%
Health care and social assistance	6.37	9.18%
Real estate and rental leasing	6.33	9.12%
Retail trade	5.06	7.29%
Non-durable manufacturing	3.49	5.03%
Construction	3.11	4.48%
Wholesale trade	3.06	4.41%
Professional, scientific, and technical services	2.79	4.02%
Durable manufacturing	2.73	3.93%
Finance and insurance	2.41	3.47%
Accommodation and food services	2.35	3.39%
Transportation and warehousing	2.13	3.07%
Utilities	2.05	2.95%
Other private services	1.60	2.31%
Information	1.57	2.26%
Administrative and waste support services	1.50	2.16%
Management of companies and enterprises	0.64	0.92%
Arts, entertainment, and recreation	0.37	0.53%
Educational services	0.35	0.50%
Agriculture, forestry, fishing and hunting	0.24	0.35%
Total	69.38	100%

Employment

West Virginia employment by industry in June 2013.^[7]

Industry	Employment thousands June 2013	Percent of total employment
Government	151.0	19.75%
Trade, transportation and utilities	135.5	17.72%
Education & health services	124.9	16.33%
Leisure & hospitality	75.3	9.85%
Professional & business services	65.3	8.54%
Other services	54.7	7.15%
Manufacturing	49.4	6.46%
Mining and logging	36.3	4.75%
Construction	35.1	4.59%
Financial activities	28.0	3.66%
Information	9.2	1.20%
Total non-farm	764.7	100%

Corporations

Top 10 West Virginia based corporations by revenue in 2012^[8]

There are no Fortune 500 companies in West Virginia. No companies had a revenue over 4.769 billion in 2012.

Rank	Corporation	Revenue $ millions 2012	Profit $ millions 2012	Assets 2012	Debt Ratio 2012	Headquarters	Employees 2012	Market cap 3/29/12 $ billions	Industry
1
2
3
4
5
6
7
8
9
10

List of West Virginia companies by revenue

Government Finances

In 2011, the state government of West Virginia had total revenue of _____ billion. Total expenditures were _____ billion.^[9]

The total debt outstanding in 2011 was _____ billion^[10] (____% of GDP^[11]).

The total cash and security holdings in 2011 was _____ billion^[12].

Revenue by Source	$ millions	Percent of revenue
Intergovernmental revenue from Federal Government
Intergovernmental revenue from local governments
Property taxes
Sales and gross receipts
Individual income tax
Corporate income tax
Motor vehicle license
Other taxes
Charges and miscellaneous general revenue
Utility revenue
Liquor store revenue
Insurance trust revenue
Total		100%

Expenditure	$ millions	Percent of expenditure
Intergovernmental expenditure
Education
Libraries
Public welfare
Hospitals
Health
Employment security administration
Veterans' services
Highways
Air transport
Parking facilities
Sea and inland port facilities
Police protection
Fire protection
Correction
Protective inspection and regulation
Natural resources
Parks and recreation
Housing and community development
Sewerage
Solid waste management
Financial administration
Judicial and legal
General public buildings
Other governmental administration
Interest on general debt
Miscellaneous commercial activities
Other and unallocable
Utility expenditure
Liquor store expenditure
Insurance trust expenditure
Total		100%

Financial Institutions

Top ten banks by assets in West Virginia

Rank	Bank	Assets $ millions	Profit $ millions _____	Headquarters	Employees
1
2
3
4
5
6
7
8
9
10

List of West Virginia banks by assets

References

External links

http://meta.wikimedia.org/wiki/Global_Economic_Map

[1] ttp://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

[2] ttp://www.census.gov/popest/data/state/totals/2012/index.html

[3] ttp://bber.unm.edu/econ/st-gdp5.htm

[4] ttp://www.westvirginia-demographics.com/counties_by_population

[5] ttp://www.westvirginia-demographics.com/cities_by_population

[6] ttp://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1#reqid=70&step=1&isuri=1&7036=-1&7007=2011&7093=Levels&7090=70&7006=53000&7001=1200&7002=1&7003=200&7004=NAICS&7005=-1&7035=-1

[7] ttp://www.bls.gov/eag/home.htm

[8] ttp://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html

[9] ttp://www.census.gov/govs/local/

[10] ttp://www.census.gov/govs/local/

[11] ttp://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

[12] ttp://www.census.gov/govs/local/

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