In the 2015 State of the Commonwealth Report, James V. Koch, Board of Visitors Professor of Economics and President Emeritus in the Strome College of Business at Old Dominion University, analyzes the Virginia economy and assesses its future progress. Each of the four major sectors of the Virginia economy—defense, the Port, tourism, and housing—is given special attention. Regional analyses are provided for Hampton Roads, Lynchburg, Northern Virginia, Richmond and Roanoke. In addition, this year’s report:
Compares incomes and the cost-of-living in Virginia metropolitan areas to New York City and many Atlantic Coast metropolitan areas.
Examines the challenges confronting the state’s commercial airports
Provides evidence concerning which public services provide the best opportunities for consolidation and merger across city and county lines in order to save taxpayer money and improve quality.
Analyzes the reasons why people move from one metropolitan area to another.
The Report is sponsored by the Virginia Chamber of Commerce and supports the Chamber’s Blueprint Virginia strategy for stimulating economic development. Neither the Chamber nor Old Dominion University, however, endorses any viewpoints expressed in the Report.
Center for Economic Analysis and Policy
The Center for Economic Analysis and Policy in the Strome College at Old Dominion University undertakes a wide range of economic, demographic, transportation and defense-oriented studies. For fifteen years, the Center and its predecessors have produced the highly regarded State of the Region Report for Hampton Roads.
The Center is supported by Old Dominion University, a set of generous private donors, and organizations including the Virginia Chamber of Commerce and the Virginia Department of Commerce and Trade. It is important to note, however, that these supporters endorse neither the studies the Center produces nor any of the specific positions that Center and its personnel may take on an issue. Instead, they are united in believing that enlightened analysis and discussion of public issues buttressed by non-partisan information holds the potential to improve the circumstances of both the Commonwealth and its individual citizens.
2015 State of the Commonwealth Report Economic Regions