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State of the Region Reports: Hampton Roads

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Part 6: Wunderbar! German Firms In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2008

Part 6: Wunderbar! German Firms In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Our region is home to 31 companies hailing from the Federal Republic of Germany and they represent the largest contingent (19 percent) of the area’s international firms. These firms “insource” rather than “outsource” jobs and pay above-average compensation to their workers.

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Part 5: An Almost Invisible Corner: Care For The Mentally Ill In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2008

Part 5: An Almost Invisible Corner: Care For The Mentally Ill In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

According to the U.S. Center for Mental Health Services, an estimated 64,972 people (5.4 percent) suffer from serious mental illness in Hampton Roads. Beginning in the 1970s, these individuals largely have been deinstitutionalized and now live within our communities, where they are served primarily by nine community services boards.

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Part 7: Ranking Hampton Roads: Hot Or Not?, Regional Studies Institute, Old Dominion University Jan 2008

Part 7: Ranking Hampton Roads: Hot Or Not?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The two most respected rankings of the livability of metropolitan areas are David Savigeau’s Places Rated Almanac (PRA) and Bert Sperling’s and Peter Sander’s Cities Ranked and Rated (CRR). In their most recent editions, PRA ranked Hampton Roads 20th in the nation among 370-plus metro areas, while CRR ranked our region 137th. We analyze where these ratings come from and how we compare to other areas.

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Front Matter: The State Of The Region: Hampton Roads 2007, Regional Studies Institute, Old Dominion University Jan 2007

Front Matter: The State Of The Region: Hampton Roads 2007, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2007 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

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Part 1: Back To Earth: The Regional Economy Slows Down, Regional Studies Institute, Old Dominion University Jan 2007

Part 1: Back To Earth: The Regional Economy Slows Down, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

After a spectacular first half of this decade, the regional economy decelerated in 2007. A combination of declining rates of growth in defense spending, the closing of the Ford Norfolk Assembly Plant and a sluggish national economy reduced the growth of the regional economy to the national average. Looming base realignment and closure reductions beginning in 2008 bode to continue this trend.

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Part 3: 'Tis Better To Give Than To Receive: Charitable Giving In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2007

Part 3: 'Tis Better To Give Than To Receive: Charitable Giving In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

We are a generous lot in Hampton Roads. The region’s citizens give a higher proportion of their incomes to charity than the national average and African Americans, who direct very high proportions of their incomes to churches, lead the parade. Overall, the region’s citizens give 8.2 percent of their annual incomes to charity, easily topping the national average of 6.4 percent.

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Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2007

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.

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Part 5: Affordable Housing In Hampton Roads: Facts And Issues, Regional Studies Institute, Old Dominion University Jan 2007

Part 5: Affordable Housing In Hampton Roads: Facts And Issues, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The rapid increase in regional housing prices in recent years (97 percent between 1997 and 2006) has made it much more difficult for some people to own their own home. Between these years, the annual interest and principal payments required for a typical home purchase rose from only 21.5 percent of the median income of our region’s households to 32 percent. Economically viable solutions to affordable housing challenges nearly always include increased housing density in order to make more moderately priced housing profitable to builders.

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Part 4: The Filipino American Community Of Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2007

Part 4: The Filipino American Community Of Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The region is home to approximately 45,000 Filipino Americans whose political and cultural impact has been growing progressively. They tend to be better educated and earn higher incomes than the typical regional citizen. Virginia Beach’s “Little Manila” area is a reminder of the increasing presence of Filipinos within Hampton Roads.

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Part 6: Low Glamour, But Large Economic Impact: The Aau Junior Olympics, Regional Studies Institute, Old Dominion University Jan 2007

Part 6: Low Glamour, But Large Economic Impact: The Aau Junior Olympics, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

National amateur athletic events Hampton Roads hosts have flown under the radar insofar as their economic impact is concerned, but their impact is greater than that of local professional and collegiate teams, and virtually every city in the region benefits. The 2006 AAU Junior Olympics alone had an incremental economic impact of $50 million, primarily generated by visitors from outside of the region.

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Part 7: Is Hampton Roads Receiving It's "Fair" Share From The Commonwealth?, Regional Studies Institute, Old Dominion University Jan 2007

Part 7: Is Hampton Roads Receiving It's "Fair" Share From The Commonwealth?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

All things considered, the region has a case to make when it argues that it receives less than its “fair” share of state government spending. The geographic distribution of expenditures is particularly disadvantageous to Hampton Roads in the areas of K-12 education and car tax reimbursements, but less so in transportation and higher education.

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Part 1: Hampton Roads Forecast: The Economic Winds Begin To Blow, Regional Studies Institute, Old Dominion University Jan 2006

Part 1: Hampton Roads Forecast: The Economic Winds Begin To Blow, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Our regional economy has slowed down to the national average after five superb years of growth fueled by defense expenditures. Defense expenditures are decelerating, the Ford plant is closing and the Base Realignment and Closure process will soon be under way.

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Front Matter: The State Of The Region: Hampton Roads 2006, Regional Studies Institute, Old Dominion University Jan 2006

Front Matter: The State Of The Region: Hampton Roads 2006, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2006 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

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Part 2: The North Carolina Connection: Hampton Roads South Of The Border?, Regional Studies Institute, Old Dominion University Jan 2006

Part 2: The North Carolina Connection: Hampton Roads South Of The Border?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Currituck County, N.C., already is considered part of the Hampton Roads Metropolitan Statistical Area (MSA). Four other counties (Camden, Gates, Perquimans, Pasquotank) lie just south of our region, but only Gates is sufficiently connected to Hampton Roads to be added in the future.

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Part 5: The Play's The Thing: Theatres And Performing Arts Companies In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2006

Part 5: The Play's The Thing: Theatres And Performing Arts Companies In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The region is plenti-fully endowed with an impressive variety of theaters and performing arts companies. We critique their diverse work, which provides Hampton Roads with vital cultural and economic benefits.

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Part 3: Tunnel Vision: Traffic Congestion In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2006

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.

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Part 4: It's Not Easy Being Green: Open Space And Parks In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2006

Part 4: It's Not Easy Being Green: Open Space And Parks In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Open space and parks are unevenly distributed across our region. Virginia Beach has done a particularly good job in promoting parks and green space. Still, open space is disappearing at a very rapid rate. Either we preserve such space now, or it may disappear forever.

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Part 6: The Youth Of Hampton Roads: Pride Or Problem, Regional Studies Institute, Old Dominion University Jan 2006

Part 6: The Youth Of Hampton Roads: Pride Or Problem, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

By several measures, our region’s youth are not doing so well. Particularly problematic are the high percentages of youth who live in poverty and babies born to very young mothers. It is easy to track the societal problems that result.

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Part 7: Beach Replenishment: Who Benefits, Who Pays, Who Should Pay?, Regional Studies Institute, Old Dominion University Jan 2006

Part 7: Beach Replenishment: Who Benefits, Who Pays, Who Should Pay?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Replenishing the region’s beaches with sand is critical to their attractiveness. More than $100 million has been spent on beach replenishment in Virginia Beach over the past decade, with the federal government paying about two-thirds. We find that beach replenishment pays off handsomely for Virginia Beach, but also that the city probably should pay a larger share of the cost.

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Front Matter: The State Of The Region: Hampton Roads 2005, Regional Studies Institute, Old Dominion University Jan 2005

Front Matter: The State Of The Region: Hampton Roads 2005, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2005 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

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Part 2: Is There A Housing Price Bubble In Hampton Roads?, Regional Studies Institute, Old Dominion University Jan 2005

Part 2: Is There A Housing Price Bubble In Hampton Roads?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

While housing prices increased 40 percent in Hampton Roads (after inflation) during the past decade, most of this increase can be attributed to improved eco-nomic fundamentals such as lower interest rates, increased incomes, Department of Defense housing incentives and more cautious building policies by area developers. Hence, we do not have the kind of housing price bubble that currently exists in cities such as San Diego, San Francisco and Boston, and the state of Florida. We may face some future price adjustments, but they are not likely to be wrenching.

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Part 1: The Hampton Roads Economy Midway Through The Decade, Regional Studies Institute, Old Dominion University Jan 2005

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, …

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Part 3: Richard Florida And The Creative Classes Of Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2005

Part 3: Richard Florida And The Creative Classes Of Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Professor Florida argues that highly mobile, creative individuals are the kingpins of modern economic growth. They are especially attracted to regions that offer diverse demographics, cultural opportunities, living styles and residential areas, as well as a tolerance of the uncommon. Hampton Roads does not fare well when measured against several of Florida’s variables. However, we test his hypotheses empirically and find they have only limited validity.

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Part 4: The Wheels Of Justice: Our Regional Circuit Courts, Regional Studies Institute, Old Dominion University Jan 2005

Part 4: The Wheels Of Justice: Our Regional Circuit Courts, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

We trace what happens to parties that enter our Circuit Court system as a plaintiff or defendant. In 2003, the nine Circuits that are wholly or partially located within Hampton Roads dealt with 81,008 cases (35 percent civil and 65 percent criminal). Large proportions of these cases are dismissed or settled before they come to trial and very few cases are heard by a jury. We examine a variety of efficiency measures relating to the region’s Circuit Courts and conclude they are operating rather well.

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Part 6: The Race To The Bottom Of The Bay: Boat Taxes In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2005

Part 6: The Race To The Bottom Of The Bay: Boat Taxes In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Over the past decade, the region’s cities and counties have diminished the taxes they assess on boats so much that in several cities (for example, Virginia Beach), boat taxes in essence no longer exist. We show that all jurisdictions in Hampton Roads have suffered due to the reduced tax revenue and that the low-tax strategy has not attracted more boats from other regions, as intended. While boat taxes are unpopular and difficult to collect, Hampton Roads appears to have shot itself in the foot.

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Part 7: Unrealized Potential: High Technology In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2005

Part 7: Unrealized Potential: High Technology In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

On the face of it, Hampton Roads ought to be a technological powerhouse because of the high-level federal research facilities and defense installations located in the area, plus a higher education community of considerable size. Yet, while we can claim the second-greatest technological development of any region in the Commonwealth, we are a very distant second to Northern Virginia and have never realized our potential. Future prosperity in technology is tied to developing the modeling and simulation industry that has sprouted primarily in Suffolk, stimulating Eastern Virginia Medical School’s potential in conjunction with Old Dominion University and vastly increasing support …

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Part 5: Our Art Galleries And Museums: Will They Survive?, Regional Studies Institute, Old Dominion University Jan 2005

Part 5: Our Art Galleries And Museums: Will They Survive?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Led by the Chrysler Museum of Art, Hampton Roads is blessed with several excellent art galleries and museums. These valuable institutions, however, are struggling to maintain their collections, programs and hours because of financial strains. It’s apparent that the region’s decision makers have not placed a high priority on the aesthetic sensibilities of the region’s citizens.

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Front Matter: The State Of The Region: Hampton Roads 2004, Regional Studies Institute, Old Dominion University Jan 2004

Front Matter: The State Of The Region: Hampton Roads 2004, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2004 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

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Part 1: The Regional Economy Continues To Excel, Regional Studies Institute, Old Dominion University Jan 2004

Part 1: The Regional Economy Continues To Excel, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

In 2004, the Hampton Roads economy will grow about 4.7 percent, the highest rate since 1987. Almost three-quarters of this growth is due to increased expenditures within the region by the Department of Defense. This illustrates the relative importance of defense expenditures in our regional economy.

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Part 2: How Do We Compare? Hampton Roads Versus Other Regions, Regional Studies Institute, Old Dominion University Jan 2004

Part 2: How Do We Compare? Hampton Roads Versus Other Regions, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Per capita income in Hampton Roads has been rising and, after we factor in the cost of living, now is about 6 percent above the national average. This is a startling reversal from the late 1990s when the region was well below the national average. Housing prices here continue to be lower than the national average, as is our overall cost of living. Our air is cleaner than the national average and we rate high in terms of cultural amenities, but founder with regard to several measures of educational attainment.

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