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Full-Text Articles in Economics
Part 2: Another Year In Recovery: Virginia's Metropolitan Areas, Dragas Center For Economic Analysis And Policy, Old Dominion University
Part 2: Another Year In Recovery: Virginia's Metropolitan Areas, Dragas Center For Economic Analysis And Policy, Old Dominion University
State of the Commonwealth Reports
If Virginia is to continue its recovery from the pandemic economic shock of 2020, this growth will largely come from Virginia’s metropolitan areas. We ask whether Virginians have returned to the labor force in the aftermath of the pandemic and explore how unemployment rates may not reflect the availability of labor. Lastly, we examine how population change may influence the future of Virginia’s metro areas.
Part 6: The Winchester Metropolitan Area Outperforms The Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University
Part 6: The Winchester Metropolitan Area Outperforms The Commonwealth, Dragas Center For Economic Analysis And Policy, Old Dominion University
State of the Commonwealth Reports
Conversations about growth in Virginia primarily focus on the metropolitan areas of Northern Virginia, Hampton Roads and Richmond. Often forgotten in these discussions is how the smaller metropolitan area of Winchester has outperformed many of the larger metros in the Commonwealth. We explore why Winchester is growing and how this growth could change the quality of life of its residents in the future.
Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University
Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
Private-sector shipbuilding and repair is big business in Hampton Roads and accounts, directly and indirectly, for about 15 percent of the total value of the region’s economic activity. More than 160 ship construction and repair firms in the area employ approximately 24,600 people, whose typical compensation is one-third above the regional average.
Part 1: The Hampton Roads Economy Midway Through The Decade, Regional Studies Institute, Old Dominion University
Part 1: The Hampton Roads Economy Midway Through The Decade, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
Our regional economy continues to perform better than the Commonwealth of Virginia and the nation. The 2000-2004 time period is the best five year time period our region has experienced since 1969. Employment increased four times as rapidly as national employ-ment and we experienced significant job growth in scientific, technical and information technology occupations—-something that has largely eluded us in the past. Defense expenditures increasingly dominate the region’s economy and account for about 75 percent of all recent growth. However, the BRAC process could throw a huge wrench into this prosperity. If all BRAC recommendations, including the closure of Oceana, …