Economy of Vermont

By | March 4, 2023

Vermont is a small state located in the New England region of the United States. It is known for its beautiful landscapes, rich history, and vibrant culture. The economy of Vermont is largely driven by its agricultural and tourism industries.

Agriculture has long been a major component of Vermont’s economy. Dairy farming is the primary agricultural activity in the state, with over 200 dairy farms producing milk and other dairy products. In addition to dairy products, Vermont farmers also produce vegetables, fruits, flowers, maple syrup and Christmas trees. The state’s agricultural sector also includes forestry, fishing and hunting activities.

Tourism is another important contributor to Vermont’s economy. In 2019 alone, nearly 11 million visitors spent over $3 billion in the state while visiting places like Burlington and Stowe. Ski resorts are particularly popular winter attractions that draw tourists from all over the world to experience some of the best skiing conditions in North America. During summer months, tourists flock to lakeside cabins or visit attractions like Montpelier’s State House or Ben & Jerry’s Ice Cream Factory Tour in Waterbury for a taste of Vermont culture.

Another key industry for Vermont’s economy is manufacturing. Companies such as IBM have invested heavily in the state since its inception in 1945, making it one of the most important manufacturers of computer equipment in North America today. Other major employers include manufacturing plants producing medical supplies, paper products and plastics as well as food processing facilities that employ thousands of workers throughout the state.

Vermont also has a thriving technology sector that has grown significantly since 2009 due to investments from venture capital firms such as Kleiner Perkins Caufield & Byers (KPCB). This investment has resulted in an increased number of tech startups and incubators throughout the state that are helping to drive innovation within this sector.

In addition to these industries, Vermont also has an active green energy sector which focuses on renewable energy sources such as wind and solar power generation facilities throughout the state that help reduce carbon emissions while providing jobs for local residents and businesses alike.

Overall, although it is a small state with limited resources compared to its larger neighbors like New York or Massachusetts; Vermont still enjoys a robust economy thanks to its strong agricultural base combined with vibrant tourism industry which attracts millions each year from all over the world; plus an expanding tech sector supported by venture capital firms; along with green energy initiatives which are helping reduce emissions while providing jobs for local citizens throughout this beautiful New England.

Top 3 Counties in Vermont

According to, main counties in Vermont include:

1. Chittenden County: Located in northwest Vermont, Chittenden County is the most populous county in the state and is home to the largest city, Burlington. The county is a hub for business and industry, with a variety of employers ranging from small businesses to large corporations. Chittenden also offers plenty of recreational opportunities, including Lake Champlain, the Green Mountains, and numerous parks and trails. The Burlington International Airport serves as a gateway to the rest of Vermont and beyond.

2. Windham County: This southeastern Vermont county is known for its picturesque landscape featuring mountains, valleys, rivers, forests, farms, and historic villages. There are many outdoor activities available such as fishing in the Connecticut River or hiking in one of the many state parks or forests. In addition to its natural beauty, Windham County has a thriving arts scene with several galleries and theaters, as well as an abundance of local restaurants serving up classic New England cuisine.

3. Washington County: Located in central Vermont near the state’s capital city Montpelier, Washington County boasts some of Vermont’s most beautiful scenery including rolling hillsides covered with lush green forests and charming townships like Barre lined with historic buildings from days gone by. It’s also home to several colleges including Green Mountain College and Johnson State College which offer students access to an array of cultural activities such as concerts and lectures along with sporting events like skiing at Sugarbush Resort or snowshoeing at Mad River Glen Ski Area.

Economy of Vermont