Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Fairfax County, Virginia
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Economy == [[File:Dc22counties.jpg|thumb|In 2007, a [[United States Department of Labor|U.S. Department of Labor]] study described Fairfax County as the second economic pillar of the [[Washington metropolitan area]] economy after [[Washington, D.C.]]; in November 2007, ''[[Time (magazine)|Time]]'' magazine described it as "one of the great economic success stories of our time."<ref>{{cite web|url=https://www.reuters.com/article/pressRelease/idUS88228+30-Nov-2007+BW20071130|title=Fairfax County high school ranked the best in the nation; two other county schools...<!-- ellipsis in the original -->|department=Editorial|date=November 30, 2007|work=Reuters|access-date=March 16, 2016|archive-date=February 19, 2009|archive-url=https://web.archive.org/web/20090219215135/http://www.reuters.com/article/pressRelease/idUS88228+30-Nov-2007+BW20071130|url-status=dead}}</ref>]] Fairfax County's economy revolves around professional services and technology. Many residents work for the government or contractors of the federal government. The government is the largest employer, with [[Fort Belvoir]] in southern Fairfax the county's single largest source of federal employment. Fairfax County has a gross county product of approximately $95 billion.{{citation needed|date=November 2014}} Major employers in the county include [[Airbus Americas|Airbus]], [[Volkswagen Group of America]], [[Hilton Hotels Corporation|Hilton Worldwide]],<ref name="hilton hotels">{{cite news|url=http://www.bizjournals.com/losangeles/stories/2009/02/02/daily22.html|title=Hilton Hotels picks Fairfax County for new HQ Read more: Hilton Hotels picks Fairfax County for new HQ β Los Angeles Business from bizjournals |last=Frederick|first=Missy|date=February 4, 2009|newspaper=Washington Business Journal|access-date=April 25, 2010}}</ref> [[DXC Technology]], [[Northrop Grumman]], [[Science Applications International Corporation|Science Applications International Corporation (SAIC)]], [[Leidos]], [[Booz Allen Hamilton]], [[Gannett]], [[Capital One]], [[General Dynamics]], [[ICF International]], [[Freddie Mac]], [[SLM Corporation|Sallie Mae]], [[ManTech International]], [[Mars, Incorporated|Mars]], [[NII Holdings|NII]], and [[NVR (homebuilding company)|NVR]]. The county is home to seven [[Fortune 500|''Fortune'' 500]] company headquarters,<ref name="cnn money">{{cite web|url=https://money.cnn.com/magazines/fortune/fortune500/2009/states/VA.html|title=Fortune 500: Our Annual Ranking of America's Largest Corporations|website=CNN Money|access-date=April 25, 2010}}</ref> 11 [[Hispanic 500]] companies,<ref name="hispanic biz">{{cite news|url=http://www.bizjournals.com/washington/stories/2009/07/20/daily24.html|title=Hispanic businesses boosting Fairfax County|last=Echols|first=Tucker|date=July 21, 2009|newspaper=Washington Business Journal|access-date=April 25, 2010}}</ref> and five companies on the Black Enterprise 500 list. The county's economy is supported by the [[Fairfax County Economic Development Authority]], which provides services and information to promote Fairfax County as a leading business and technology center. The FCEDA is the nation's largest non-state economic development authority. Fairfax County is also home to the Northern Virginia Technology Council, a trade association for local technology companies.<ref name="reuters bill gates">{{cite news|url=https://www.reuters.com/article/pressRelease/idUS216476+11-Mar-2008+PRN20080311|title=Microsoft's Bill Gates Selects March 13 NVTC Titans Breakfast as Forum for Providing His Perspective on the Future of Technology Innovation |publisher=Reuters (via PR Newswire)|access-date=April 25, 2010|date=March 11, 2008|archive-date=February 17, 2009|archive-url=https://web.archive.org/web/20090217001417/http://www.reuters.com/article/pressRelease/idUS216476+11-Mar-2008+PRN20080311|url-status=dead}}</ref><ref name="nvtc">{{cite web|url=http://www.nvtc.org/events/geteventinfo.php?event=BANQUET-5|title=Meg Whitman, Former CEO and President of eBay Addresses Crowd of Approximately 800 at NVTC's TechCelebration Annual Banquet|date=October 27, 2008|publisher=Northern Virginia Technology Council|access-date=May 3, 2009|archive-url=https://web.archive.org/web/20090103132337/http://www.nvtc.org/events/geteventinfo.php?event=BANQUET-5|archive-date=January 3, 2009|url-status=dead}}</ref> Fairfax County has a higher concentration of high-tech workers than [[Silicon Valley]].<ref name="tidwell">{{cite news|url=https://www.washingtonpost.com/wp-dyn/content/article/2008/10/31/AR2008103103446.html|title=High-Tech, High-Income, High-Polluting Virginia|last=Tidwell|first=Mike|date=November 2, 2008|newspaper=The Washington Post|access-date=April 25, 2010}}</ref> ===Tysons=== {{Main|Tysons, Virginia}} [[File:Tysons Corner Sunset .jpg|thumb|[[Tysons, Virginia|Tysons]], a leading business center and one of the nation's largest business districts]] [[Tysons, Virginia|Tysons]], located in the county, is Virginia's largest office market and the nation's largest suburban business district, with {{convert|26600000|sqft|m2}} of office space.<ref name="tysons">{{cite web|url=http://beyonddc.com/profiles/tysonscorner.shtml|title=Tysons Corner, Virginia|publisher=BeyondDC|access-date=January 20, 2007|url-status=dead|archive-url=https://web.archive.org/web/20070303014230/http://www.beyonddc.com/profiles/tysonscorner.shtml|archive-date=March 3, 2007}}</ref><ref name="tysons business">{{cite web|url=http://www.fairfaxcountyeda.org/tysons-corner-business-area|title=Tysons Corner Business Area|publisher=Fairfax County Economic Development Authority|access-date=April 20, 2010|archive-date=March 3, 2010|archive-url=https://web.archive.org/web/20100303013000/http://fairfaxcountyeda.org/tysons-corner-business-area|url-status=dead}}</ref> It is the country's 12th-largest business district and is expected to grow substantially in the coming decades. It contains a quarter of the county's total office space inventory, which was {{convert|105200000|sqft|m2}} as of 2006, representing roughly the same size as the [[Lower Manhattan]] region of New York City.<ref name="CoStar">{{cite news|url=https://www.washingtonpost.com/wp-dyn/content/custom/2005/11/10/CU2005111001553.html|title=The CoStar Office Market Watch|newspaper=The Washington Post|access-date=November 12, 2009}}</ref> In October 2011, ''[[Forbes]]'' described the area as "the place where the [[Internet]] was invented, but today it looks increasingly like the center of the global [[military-industrial complex]]",<ref>{{cite web|url=https://www.forbes.com/sites/beltway/2011/10/10/why-virginias-become-mecca-for-military-contractors/|title=Why Virginia's Become Mecca For Military Contractors|date=October 10, 2011|work=Forbes|access-date=March 16, 2016}}</ref> because it is home to the nation's first [[Internet service provider|ISPs]], many of which are now defunct, and attracts numerous [[defense contractor]]s that have relocated from other states to or near Tysons Corner. Tysons draws over 100,000 workers from around the [[Washington metropolitan area]], and draws 55,000 shoppers daily to its two [[super-regional mall]]s, [[Tysons Corner Center]] and [[Tysons Galleria]] compared to 62,500 shoppers daily in [[Washington, D.C.]]. After years of delays attributed to stalling and controversy, the $5.2 billion expansion of the [[Washington Metro]] [[Silver Line (Washington Metro)|Silver Line]] in Virginia from Washington, D.C., to [[Washington Dulles International Airport|Dulles International Airport]] was funded by the [[Federal Transit Administration]] in December 2008.<ref>{{cite news|url=https://www.washingtonpost.com/wp-dyn/content/article/2008/12/03/AR2008120302256.html|title=Silver Line To Dulles Wins Crucial Federal Okay|newspaper=The Washington Post |access-date=March 16, 2016}}</ref> The Silver Line added four stations in Tysons, including [[Tysons station|a station]] between Tysons Corner Center and Tysons Galleria. Along with the expansion of Washington Metro, Fairfax County government has a plan to "urbanize" the Tysons area. The plan calls for a private-public partnership and a grid-like street system to make Tysons a more urban environment, tripling available housing to allow more workers to live near their workplaces. The goal is to have 95% of Tysons Corner within {{convert|1/2|mi|m|adj=on|sigfig=1}} of a metro station.<ref>{{cite magazine|title=A (Radical) Way to Fix Suburban Sprawl|magazine=[[Time (magazine)|Time]]|author=Lisa Selin Davis|date=June 11, 2009|url=http://www.time.com/time/nation/article/0,8599,1904187,00.html|archive-url=https://web.archive.org/web/20090615083138/http://www.time.com/time/nation/article/0,8599,1904187,00.html|url-status=dead|archive-date=June 15, 2009}}</ref> === Top employers === According to the county's 2023 Comprehensive Annual Financial Report,<ref name="CAFR">{{cite web |title=County of Fairfax, Virginia Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2023 |url=https://www.fairfaxcounty.gov/finance/sites/finance/files/Assets/documents/PDF/Financial-Reports/fy2023-annual-comprehensive-financial-report.pdf |access-date=May 18, 2024 |website=Fairfax County, Virginia Government Website}}</ref> the county's largest employers are: {| class="wikitable" |- ! # ! Employer ! # of Employees ! % of Total County Employment |- |1 |[[Federal government of the United States]] |27,821 |4.48 |- |2 |[[Fairfax County Public Schools]] |25,526 |4.11 |- |3 |[[Inova Health System]] |20,000 |3.22 |- |4 |Fairfax County Government |12,426 |2.00 |- |5 |[[George Mason University]] |5,000-9,999 |1.21 |- |6 |[[Booz Allen Hamilton]] |5,000-9,999 |1.21 |- |7 |[[Amazon (company)|Amazon]] |5,000-9,999 |1.21 |- |8 |[[Capital One]] |5,000-9,999 |1.21 |- |9 |[[Science Applications International Corporation|SAIC]] |5,000-9,999 |1.21 |- |10 |[[Freddie Mac|Federal Home Loan Mortgage Corporation]] |5,000-9,999 |1.21 |}
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Fairfax County, Virginia
(section)
Add topic