The State of the Region: Hampton Roads 2006
Our regional economy has slowed down to the national average after five superb years of growth fueled by defense expenditures. Defense expenditures are decelerating, the Ford plant is closing and the Base Realignment and Closure process will soon be under way.
Regional Studies Institute, Old Dominion University, "Part 1: Hampton Roads Forecast: The Economic Winds Begin to Blow" (2006). State of the Region Reports: Hampton Roads. 106.