Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Economics
Part 1: The Regional Economy Contracts, Regional Studies Institute, Old Dominion University
Part 1: The Regional Economy Contracts, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
Defense spending continues to cushion our economic downturn, but two other major drivers, the port and tourism, have contracted. We also report stress tests for our major regional banks.
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.
Part 3: Tunnel Vision: Traffic Congestion In Hampton Roads, Regional Studies Institute, Old Dominion University
Part 3: Tunnel Vision: Traffic Congestion In Hampton Roads, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
Traffic congestion already is bad in the region; we estimate the cost in 2006 to be $473 million, or $296 per person. If nothing is done to alleviate the situation, this cost will grow to $1.07 billion, or $608 per person in 2015. Our simulations also predict the speed of automobile commuters going through the Hampton Roads Bridge-Tunnel will fall to 7.2 mph in 2015.