The State of the Region: Hampton Roads 2003
Economically speaking, the 21st century has been a good one for Hampton Roads. By many measures – especially growth in employment and income – Hampton Roads now leads the Commonwealth of Virginia. The war in Iraq had a remarkably small negative impact on the region’s economy. Reversing the trend of the 1990s, defense expenditures have become a more important part of the region’s economy.
Regional Studies Institute, Old Dominion University, "Part 1: The Hampton Roads Economy: Defense Expenditures Become More Important" (2003). State of the Region Reports: Hampton Roads. 129.