County Executive  |  Economic Indicators -- Number of Businesses Flat
   Albemarle County, Virginia

October 31, 2010     

Quarterly Economic Indicators


Changes in the average number of businesses that exist in Albemarle in each quarter renders an approximate estimate of business formation in the County.  The Virginia Employment Commission does not generate this data in a timely manner but, between FY 09 Q3 and FY 10 Q3, the number of businesses in Albemarle was essentially flat (going from 2,874 to 2,902 or an increase of just under 1%).  This percentage change, although small, at least was in the right direction.  Previously, between FY 08 Q3 and FY 09 Q3, Albemarle experienced declines in the number of businesses.    

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