Old Dominion University
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Economic Forecasting Project


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Latest Forecast

Hampton Roads Latest Quarterly Forecast

OLD DOMINION UNIVERSITY

 

ECONOMIC FORECAST FOR HAMPTON ROADS MSA

BY SELECTED CATEGORIES

 

 

 

Fourth

 Quarter >08

 

Fourth

 Quarter >09

 

% Change From Fourth

 Quarter 2008

 

Civilian Non-Agricultural Employment

 

 

767,060

 

 

764,759

 

 

-0.3%

 

Unemployment Rate

 

 

4.9%

 

 

6.8%

 

 

 

 

 

Taxable Sales

 

 

$4.96 Billion

 

 

$4.92 Billion

 

 

-0.95%

 

Hotel Room Revenues

 

 

$114.4 Million

 

 

$112.0 Million

 

 

-2.1%

 

General Cargo Tonnage

 

 

4.14 Million

 

 

4.24 Million

 

 

+2.4%

 

Value of Single Family Housing Permits

 

 

 

$107.7 Million

 

 

 

$108.3 Million

 

 

 

+0.5%