CHARLESTON, W.Va. (WDTV) -- A report released by the Bureau of Economic Analysis at the U.S. Department of Commerce revealed West Virginia as the state with the second highest gross domestic product in the first quester of 2017.
The report cited an increase in mining as a reason for this. Mining has increased by 21.6% nationally.
Governor Jim Justice released a statement Tuesday saying the report was “good news,” but “we are not out of the woods just yet because the energy jobs haven’t materialized in West Virginia just yet.We need to be in a position to capitalize on this coal rebound, and continue to look to diversify our economy while looking for ways to get more miners back to work.”
In the statement, Justice also criticized the decisions of state legislators, stating “Because the Legislature failed to listen to the experts and my knowledge of the energy market they cut the budget and hurt our people when they didn’t have to. The good news about coal confirms that we could have and should have been prepared to take advantage of increased severance tax revenue.”
To see the full BEA report, visit the Related Link.