|
Virginia Beach is best known for its tourism
but the military and agribusiness sectors contribute to the City's
economy. The City's economy also contains a large retail component.
Major companies headquartered in Virginia Beach include Lillian
Vernon and Stihl (North American headquarters). Other major employers
include GEICO, Amerigroup, and Navy Exchange Service Command.
Tourism produces a large share
of Virginia Beach's economy. With an estimated $857 million spent
in tourism related industries, 14,900 jobs cater to 2.75 million
visitors. City coffers benefit as visitors provide $73 million in
revenue. Virginia Beach opened a
|