The State of the Region: Hampton Roads 2023
There is some good news to report. Hampton Roads gained population but population growth continues to slow. A record number of residents were at work or looking for work in 2023. A record number of residents of the region reported they were employed in 2023. The number of jobs continued to recovery from the depths of the 2020 economic shock, however, a full recovery may not occur until 2024. Economic growth sharply rebounded from the declines of 2020, and we expect growth to continue in 2023. The region’s economic performance, however, continues to lag many of its peers.
Dragas Center for Economic Analysis and Policy, Old Dominion University, "Part 1: Growth Returns, Now Make It Last" (2023). State of the Region Reports: Hampton Roads. 201.