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Regional Economics Commons

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State of the Commonwealth Reports

Federal spending

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Regional Economics

Part 3: The Hotel Industry In The Commonwealth, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 3: The Hotel Industry In The Commonwealth, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Over the past quarter-century, the hotel industry has become a relatively less important part of the Virginia economy. Occupancy rates have yet to recover to prerecession levels and price-adjusted hotel revenue and revenue per available room in 2015 similarly were below their previous peaks.


Part 2: Northern Virginia: Standing At A Fork In The Road, Center For Economic Analysis And Policy, Old Dominion University Jan 2015

Part 2: Northern Virginia: Standing At A Fork In The Road, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Direct federal employment and procurement spending accounts for almost 40 percent of all economic activity in Northern Virginia, which in turn accounts for more than 40 percent of all economic activity in Virginia. Sequestration has hobbled Northern Virginia’s growth. However, George Mason University’s leading economic index suggests better times are on the horizon.