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Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University
Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
The spectacular first half of this decade is fading into the background as our regional economic growth rate has fallen back to the Commonwealth and national averages. Defense spending continues to rise in importance and now is responsible for more than 40 percent of our regional income generation.