Old Dominion University
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Latest Forecast

Hampton Roads Latest Quarterly Forecast

OLD DOMINION UNIVERSITY

 

ECONOMIC FORECAST FOR HAMPTON ROADS MSA

BY SELECTED CATEGORIES

 

 

 

Third

 Quarter >07

 

Third

 Quarter >08

 

% Change From Third

 Quarter 2007

 

Civilian Non-Agricultural Employment

 

 

776,882

 

 

783,874

 

 

+0.9%

 

Unemployment Rate

 

 

3.3%

 

 

4.2%

 

 

 

 

 

Taxable Sales

 

 

$5.23 Billion

 

 

$5.20 Billion

 

 

-0.5%

 

Hotel Room Revenues

 

 

$263.5 Million

 

 

$255.8 Million

 

 

-2.9%

 

General Cargo Tonnage

 

 

4.41 Million

 

 

4.59 Million

 

 

+4.2%

 

Value of Single Family Housing Permits

 

 

 

$214.3 Million

 

 

 

$151.4 Million

 

 

 

-29.4%