Economics Commons^™

Part 4: Get On The Bus: Public Transportation In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

In many countries, public transportation is a cornerstone of urban life. In Hampton Roads, public transportation is in a moment of transition, sparked by technological change, pandemic disruptions, a growing emphasis on social equity, and a longer term loss of riders. In this chapter, we discuss who provides public transportation in Hampton Roads. We explore the economics of public transportation and ask what the future holds for public transportation in the region

Part 1: Growth Returns, Now Make It Last, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

There is some good news to report. Hampton Roads gained population but population growth continues to slow. A record number of residents were at work or looking for work in 2023. A record number of residents of the region reported they were employed in 2023. The number of jobs continued to recovery from the depths of the 2020 economic shock, however, a full recovery may not occur until 2024. Economic growth sharply rebounded from the declines of 2020, and we expect growth to continue in 2023. The region’s economic performance, however, continues to lag many of its peers.

Part 2: The Rent Is Too Damn High: Housing In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Is Hampton Roads an affordable place to live? At first glance, median rents and housing values are below those of the closest major metropolitan areas. Comparing housing costs to household income yields a different conclusion: more than 1 in 3 households in Hampton Roads paid more than 30% of their income for housing and 1 in 7 households paid more than 50% of their income for housing. In this chapter, we explore housing affordability in Hampton Roads, Virginia, and the United States and ask what the region can do to make housing more affordable.

Part 6: Perhaps I Won't Go To Law School After All: Lawyers In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

While movies and television shows portray lawyers as members of high society, with expensive cars and tastes, the reality in Hampton Roads is grittier. Between 2005 and 2021, lawyers’ real income in the region declined by more than 25%. In this chapter, we explore the supply of lawyers in Hampton Roads and whether we are producing too many lawyers for economic conditions in the region. We ask what the future may hold for the legal profession in Hampton Roads, Virginia, and the nation.

Part 4: Does Hampton Roads Have Enough Nurses?, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

In 2021, nurses ranked again as the most trusted profession in the United States. Yet, even though many Americans view nurses favorably, nurses have been the target of conspiracy theories, verbal abuse, and yes, physical violence. As more nurses report symptoms of burnout and some are quitting the profession entirely, we explore the coming shortage of nurses in Hampton Roads, Virginia and the United States and ask what factors limit the supply of nurses in the region.

Part 2: Bounce Back? The Pandemic And Tourism In Hampton Roads, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

Nearly 1 in 5 workers in the Hampton Roads hospitality and leisure sector lost their jobs in 2020. Even as the sector started to recover, employers found themselves in need of employees to fill available positions. Now, with tourists returning to the region, we look at how traditional hotels and short-term rentals fared over the last 18 months

Developing An Institutional Arrangement For A Whole-Of-Government And Whole-Of-Community Approach To Regional Adaptation To Sea Level Rise: The Hampton Roads Pilot Project, Juita-Elena (Wie) Yusuf, J. Gail Nicula, Burton St. John Iii, Meagan M. Jordan, Michelle Covi, Carol Considine, Marina Saitgalina, Joshua Behr

School of Public Service Faculty Publications

Adaptation to sea level rise (SLR) requires coordination among local, state, and federal entities and collaboration across governments, nonprofits, businesses, and residents. This coordination and collaboration are reflected in institutional arrangements associated with a whole-of-government and whole-of-community approach to regional adaptation. This study analyzes the development of an interlocal agreement (ILA), the Hampton Roads Sea Level Rise Preparedness and Resilience Intergovernmental Planning Pilot Project (the Pilot Project), as an example of such an arrangement. This study assesses how factors throughout three phases of ILA development (initiation, implementation, and execution) influence outcomes and effectiveness. Drawing upon participant observation, document analysis, survey …

Part 3: Bounce Back? The Pandemic And Tourism In Virginia, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

For the Virginia hotel industry, the last 24 months have been challenging in a number of ways. The pandemic and associated social distancing measures resulted in a collapse of visitors and revenue in the spring and summer of 2020. In 2021, the Hampton Roads market set records for hotel revenue, but other markets continued to struggle. In this chapter, we look at how the markets in Virginia have performed over the past two years and how 2022 may bring good news for the hotel industry.

Part 1: A Shock To The System: Covid-19 And Hampton Roads, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

COVID-19 changed how we view the Hampton Roads economy. In January 2020, the region was projected to grow faster than the nation, there were more unfilled jobs than unemployed workers and boosts in defense spending brightened our economic future. By April, however, businesses were closing, jobs were being lost and residents were under a stay-at-home order. We assess the economic toll of the COVID-19 pandemic and examine prospects for the coming year.

Part 2: The Way We Were: 2010-2019, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

In the wake of the COVID-19 pandemic and associated social distancing measures, the challenges of the last decade seem almost trivial in comparison. Yet, those challenges hold valuable lessons for our current economic environment and how to build a better economy in this decade. We take a fresh look at the previous decennial – our economic successes and areas where we could improve – and provide insight into how these experiences can help us recover in the coming years.

The State Of The Region: Hampton Roads 2020, Dragas Center For Economic Analysis And Policy, Old Dominion University, Vinod Agarwal, Andrew A. Bennett, Barbara Blake, Emily Campion, Ethan Crouson, Steve Daniel, Addie Gregory, Elizabeth Janik, Nikki Johnson, Sheila Keener, James V. Koch, Tim Komarek, Feng Lian, Sharon Lomax, Janet Molinaro, Brendan O' Hallarn, Robert M. Mcnab

State of the Region Reports: Hampton Roads

[From the introductory material]

This is Old Dominion University’s 21st annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, its president, John R. Broderick, the Board of Visitors, the Strome College of Business or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Although our devotion to this work remains steadfast, our enthusiasm, admittedly, has been dampened by the COVID-19 pandemic and the toll it has taken on the region, …

Part 5: The Kids Are Not All Right: Youth Mental Health In Hampton Roads, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

More and more young people, particularly teenagers, report that they are anxious or depressed – a trend that has only escalated since the outbreak of the COVID-19 pandemic. This chapter looks at the state of youth mental health and the accessibility of care in Hampton Roads. The $224 million Children’s Hospital of The King’s Daughters mental health hospital now under construction will address an urgent need and place the region at the forefront of behavioral and mental health care for children.

Part 7: Hampton Roads: In Search Of A Social Media Identity, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Facebook, Instagram, Twitter and Snapchat. These platforms define the lives of many Americans. We inquire to what degree Hampton Roads has an identity on social media and discuss the potential benefits of a social media brand.

Part 4: Too Much Of A Good Thing? Multifamily Housing In Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Over the past decade, Hampton Roads has seen an increase in the construction of multifamily units, leading some to question whether there are too many apartments. Vacancy rates have started to decline and rent increases remain moderate, especially compared to many other cities in the United States.

Part 5: Welcome To Your New Home: International Migration And Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion Universtiy

State of the Region Reports: Hampton Roads

Most new international migrants to Hampton Roads are educated, married and gainfully employed. We examine the impact of international migration and look at how immigrants are contributing to economic growth in our region.

Part 3: Craft Brewing In Hampton Roads, Dragas Center For Economic Analysis And Policy

State of the Region Reports: Hampton Roads

The number of craft breweries in Hampton Roads has increased dramatically in recent years. We trace the development of this trend and explore the impact of craft brewing on our regional economy.

Part 2: Airbnb In Virginia Beach, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Airbnb has become an increasingly significant competitor to conventional hotels throughout the United States, and Virginia Beach is no exception. The rise of Airbnb is yet another manifestation of the emergence of the “gig” economy.

Part 7: Do We Suffer From Brain Drain In Hampton Roads?, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Hampton Roads has been experiencing net out-migration of residents to other metropolitan areas in recent years. Who is leaving? Why are they leaving? We address these questions and their implications.

Life In Hampton Roads Survey Press Release #7: Economics And Tourism, Social Science Research Center, Old Dominion University

Life in Hampton Roads Survey Report

This report examines regional perceptions of economic conditions and tourism from the 2017 Life In Hampton Roads survey (LIHR 2017) conducted by the Old Dominion University Social Science Research Center. Data from prior years is also provided when available to show comparisons in responses over time. Responses were weighted by city population, race, age, gender, and phone usage (cell versus land-line) to be representative of the Hampton Roads region.

Part 5: The Scourge Of Opioids, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

The number of opioid-induced deaths has skyrocketed in Hampton Roads. Approximately three-quarters of opioid addicts began their fall from grace with a legitimate prescription from a knowledgeable physician. We estimate the costs.

Part 2: The Hotel Industry: The United States, Virginia, And Hampton Roads, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Since 2000, hotel revenue as a percentage of personal income has declined in Virginia and Hampton Roads. Declining federal spending is the primary reason.

Part 7: Traffic Congestion In Hampton Roads: Myths And Realities, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Sixty-five percent of job holders in Hampton Roads cross a city or county boundary when they go to work. Many encounter traffic congestion as they do so, but the level of this congestion has increased only modestly in recent years. Major road improvements seldom change this situation very much because drivers soon redistribute themselves in response to the improvements.

Part 1: Running In Place? Our "So-So" Regional Economy, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

2015 has been another “Goldilocks” year – not too hot, not too cold – economically speaking. We grew faster than the rest of Virginia, but slower than the U.S. It appears that 2016 will reprise this scenario.

Part 5: Early Childhood Care And Education: Should They Be Our No. 1 Economic Development Strategy?, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Investments in early childhood care and preschool programs generate higher rates of return on public dollars than investments in conventional economic development programs that emphasize either attracting new firms, or public-private partnerships to build arenas and hotels.

Part 4: The Third Economic Sector: Nonprofit Organizations In Hampton Roads And The United Way, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

A total of 2,009 nonprofit organizations in Hampton Roads filed tax returns with the IRS in 2012. This does not include most churches. Collectively, these organizations are big business: their revenues approached $9.6 billion.

Part 3: The Port Of Virginia: A Primer, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

The economic importance of the Port of Virginia has increased as it is handling record cargo volumes and now is recording positive net operating income. The Port is challenged to find ways to deal effectively with congestion and logistical problems in and around the Port as well as to secure the funds necessary to modernize its infrastructure and equipment.

Part 6: Is Hampton Roads Facing A Shortage Of Nurses?, Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

Our region does not face a debilitating shortage of nurses. With a few tweaks to our policies, we will have a sufficient number of nurses to meet our needs in the years to come.

Part 5: The Impact Of Vehicle Tolls On Hampton Roads: Job Mobility, Residential Living Choices And Regional Cohesion, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

This was one of the hottest topics in Hampton Roads this past year and we analyze the probable effects of those tolls on our region.

Part 3: Megachurches In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

There are 14 “megachurches” in Hampton Roads and each enjoys an average attendance in excess of 2,000 weekly. They are redefining organized religion in our region.

Part 1: Rebounding, Albeit Slowly, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

In a nutshell, our regional economy continues to recover, but still has not regained the jobs lost in the 2008 recession.