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Economic Forecasting Project


Latest Forecast

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Latest Forecast

Hampton Roads Yearly Forecast 2008

Calendar Year
2007*
Calendar Year
2008 
% Change in
Calendar Year
Real Gross Regional Product
(2000=100)
$62.22 Billion $63.71 Billion +2.4
Civilian Non-Agricultural
Employment
779,082 786,094 +0.9
Unemployment Rate 3.2% 3.4%
Taxable Sales $20.67 Billion $21.31 Billion +3.1
Hotel Revenues $726.0 Million $743.4 Million +2.4
General Cargo Tonnage 17.73 Million 18.45 Million +4.1
Value of Single Family Housing
Permits
$906.9 Million $687.4 Million -24.2

*Figures for Calendar Year 2007 include predicted values for December 2007.