After years of glacial recovery from the 2007-08 global economic slowdown, highlighted annually by Old Dominion University economists, this year’s State of the Region presentation explores the question of whether better times are ahead for the region.
“The regional economy’s pace of economic growth since 2008 has been slow, frustrating those who observe the economic performance of similar regions,” said Robert M. McNab, professor of economics, and deputy director of Old Dominion University’s Center for Economic Analysis and Policy. “There is good news, however, in that we may be finally turning the economic corner.”
The 18th Annual State of the Region report, presented by the Center for Economic Analysis and Policy of the Strome College of Business at Old Dominion University, will be unveiled at two lunch presentations early this month, on Wednesday, Oct. 4 in Norfolk, and Friday, Oct. 6 in Newport News. Both events begin at 11:30 a.m.
The State of the Region is a widely respected and impartial analysis of the economic issues facing the Hampton Roads region. The report aims to stimulate thought and conservation on how to make Hampton Roads a better place to live. This year’s report is co-edited by James V. Koch, the Board of Visitors professor of economics and president emeritus, and McNab.
For the lunchtime presentations Oct. 4 at The Main in Norfolk and Oct. 6 at the Newport News Marriott at City Center, McNab and Koch will be joined by Vinod Agarwal, professor of economics and director of the University’s Economic Forecasting Project.
Register online for the events in Norfolk or Newport News through host sponsor LEAD Hampton Roads. Other sponsors include Optima Health, Capital One Commercial Banking, the SunTrust Foundation and PNC.
The 2017 State of the Region report has seven parts:
In addition to the State of the Region report, the Center for Economic Analysis and Policy produces a State of the Commonwealth Report, which will be released later this fall, and the annual economic forecast, presented in late January. The Center also produces a monthly economic update focusing on labor market conditions in Hampton Roads.
For more information about the Center and its economic reports and forecasts of Hampton Roads and Virginia, contact McNab at 757-683-3153 or firstname.lastname@example.org.