The State of the Region: Hampton Roads 2004
In 2004, the Hampton Roads economy will grow about 4.7 percent, the highest rate since 1987. Almost three-quarters of this growth is due to increased expenditures within the region by the Department of Defense. This illustrates the relative importance of defense expenditures in our regional economy.
Regional Studies Institute, Old Dominion University, "Part 1: The Regional Economy Continues to Excel" (2004). State of the Region Reports: Hampton Roads. 122.