This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Va. Escapes Worst Of Recession But New Fears Ahead

Romney, he adds, will have more appeal in conservative, moderate-income areas where "the population is disenchanted with the recovery. These are the people who feel government ought to get out of their lives."

Throughout the state, Romney also has been trying to convince women his economic policies would help them more than Obama's, part of a strategy to cut into the president's strength among female voters. Obama, who has emphasized women's health issues, held a 19-point lead among females in one Virginia poll.

Economic messages still matter despite the state's relatively low unemployment, Rozell says, because people hear the national dialogue and "share the same anxieties and concerns about their own futures."

That's true in Loudoun County. Though this is home to the nation's highest median household income (more than $119,000 a year in the 2011 survey), it's also not immune to struggle.



Molly Lovato and her husband, Paulo, both felt the recession's pinch. She lost her lease on her flower shop at Dulles International Airport; his landscape business lost many middle-income clients.

But, she says, "plenty of people suffered far worse than we did," and business decisions may have contributed to some of their troubles.

A local Obama volunteer, Lovato credits the president with steering the country away from financial disaster. "I think he kept us from sliding into a depression," she says. "I'm really dumbfounded by people who say 'Why didn't he fix this?' and it's 20 minutes later."

She compares reviving the economy to gutting and then rehabbing a home. "It takes a hot minute for everything to unravel," she says, "but to put it back together is really very difficult."

But Anthony Cavallo, who owns the Vintage 50 restaurant in Leesburg, says lingering questions about the economic future hurt business. He closed two restaurants in the last year.

4 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.98 0.36%
FB $118.57 0.00%
GOOG $698.21 0.00%
TSLA $238.50 -1.40%
YHOO $36.53 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs