There is an abundance of regional economic data available through existing sources but no single data bank in Hampton Roads. On this page you will find links to major providers of economic information related to Hampton Roads, resources used by the four study groups and the Phase One study group reports.
Major Sources of Regional Information
- Council for Virginia's Future, which produces Hampton Roads Performs information. Data is gathered and analyzed by the Weldon Cooper Center at the University of Virginia. Indicators fall in these areas: economy, education, health and family, public safety, natural resources, transportation and government and citizens.
- Hampton Roads Economic Development Alliance, which provides information on the region’s largest employers, manufacturing companies, international firms and other employer information.
- Hampton Roads Planning District Commission, which produces quarterly and annual studies related to regional demographics, population, income and earnings, employment, housing, labor force, retail sales, real estate, tourism, ports, transportation, local tax collections and quality of life.
- Old Dominion University, which conducts several regular and special studies related to the economy. They include an annual economic forecast project and a state of the region report focused on the overall economy and special areas that vary from year to year.
- Opportunity, Inc., which includes workforce and labor market information.
- Peninsula Council for Workforce Development, which produces the Greater Peninsula State of the Workforce Report and other related studies.
- The Planning Council, which produces an Investment in Priorities report focused on regional jobs, education, neighborhoods, wellness and inclusion.
- Virginia Port Authority, provides statistics related to port performance and economic impact.
Civic Leadership Resources
General reference reports/articles: Page 4 of the Civic Leadership Study Group Report includes other markets used as benchmarks. The list of leadership programs reviewed includes:
Entrepreneurship Resources
General reference reports/articles/summaries:
- “Are Entrepreneurs Born or Made?” (Entrepreneur Magazine, September, 2013)
- The Metropolitan Revolution: How Cities and Metros Are Fixing Our Broken politics and Fragile Economy
(2013) by Bruce Katz and Jennifer Bradley
- The New Geography of Jobs
(2013) by Enrico Moretti Moretti Executive Summary ESG doc 03
- “Enriching the Ecosystem: A Four-Point Plan for Linking Innovation, Enterprises, and Jobs,”
(2012) by Rosabeth Moss-Kanter
- “Finland and Nokia: Creating the World’s Most Competitive Economy”
(2002) by Michael E. Porter and Orjan Solvell
- “Mixed Signals: Migration Data and Regional Economic Vitality”
(2014) by James V. Koch
Industry Cluster Resources
General reference reports:
- Hampton Roads Regional Benchmarking Study
(September, 2014)
The Hampton Roads Regional Benchmarking Study is comprised of 14 sections that cover measures of the regional economy, various industries, demographics, transportation system, education system, government finances, and quality of life. The report also includes metrics on each of the region’s localities in relation to each other.
- Hampton Roads Regional Competitiveness
(July 2011)
This report was part of the HRPDC Unified Work Program for 2010-11. It provides a comprehensive review on literature and data concerning regional competitiveness and mechanisms for achieving productivity growth. The report outlines three applications of the theoretical models that indicate the source of regional productivity growth. It also identifies a host of difficulties that arise when attempting to follow growth patterns from other successful regions. Evidence suggests that each region’s path to sustained growth is unique, growing organically on regional strengths and economic clusters. In reviewing both the failures and successes of development efforts across the globe it is evident that the most important aspects in achieving sustainable growth are to focus on developing a culture and environment that is built upon regional strengths, invests in education, encourages entrepreneurship and business growth, and has an effective system of governance.
Industry-specific reports:
- Advanced Manufacturing:
- Bio-science:
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- Biomedical Sciences
– defines the broad rubric, size of the industry, revenue, profit growth rate, exports businesses, key drivers, market segmentation, industry structure, life cycle stage, capital intensity, regulation level, barriers to entry, competition, outlook, supply chain, buying industries, selling industries, products and services, demand, market concentration, key success factors, and a list of companies. Biomedical Sciences Summary ICSG doc 01
- Biomedical Sciences
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- Coastal Energy:
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- Wind Power Industry in the US
– Using IBIS World as the source, the report included the size and structure of the industry from a global perspective, supply chain, associations, offshore wind projects worldwide, wind farm projects in the US, wind power in VA along with companies in the Commonwealth (includes those participating in the Hampton Roads Offshore Wind farm Project).
- Wind Power Industry in the US
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- Cyber Security:
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- NIST Cybersecurity Framework
The National Cybersecurity Workforce Framework classifies the typical duties and skill requirements of cybersecurity workers. The Framework is meant to define professional requirements in cybersecurity, much as other professions, such as medicine and law, have done. The Framework organizes cybersecurity into seven high-level Categories, each comprised of several Specialty Areas. - “Growing Opportunities in the Cybersecurity Economy,”
(2013) by Mark Kleszczewski for Business Xpansion Journal
- NIST Cybersecurity Framework
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- Military:
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- Economic Impact of the Department of Defense on Hampton Roads
(October, 2013)This report relies on data from four key sources—the Consolidated Federal Funds Report, USAspending.gov, Bureau of Economic Analysis, and the Bureau of Labor Statistics. The Census Bureau’s Consolidated Federal Funds Report (CFFR) is widely considered the best comprehensive source of information on government spending, but federal budget cuts eliminated their ability to produce the report in 2012. Bureau of Economic Analysis calculates data for military employment, military compensation, as well as government transfers to Veterans. This information is updated annually, with a two year data-lag.
- Direct Impact of Federal Spending within Hampton Roads FY 2009-2010
(July 2012)
The research in this report quantifies the total amount of federal spending in Hampton Roads. This document was compiled by Marco Alexander Martin, an ODU Economic Intern at the Hampton Roads Military and Federal Facilities Alliance, during the period of June 2011 to May 2012. - The Economic Importance of the U.S. Shipbuilding and Repairing Industry
(May 2013)
This report provides an overview of the U.S. shipbuilding and repairing industry and the importance of this sector nationally and by state.
- Economic Impact of the Department of Defense on Hampton Roads
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- Modeling and Simulation:
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- Medical simulations equipment and software
– includes global market value, companies in the US, major Simulator Buyers, products, organizations (healthcare), universities (includes ODU, EVMS, and UVA) as well as military applications.
- Medical simulations equipment and software
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- Port and Maritime Logistics:
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- Port-related tax incentives
– describes tax incentives offered in other port communities such as Portsmouth NH, Boston MA, Providence RI, New Haven CT, New York/New Jersey, Baltimore MD, Hampton Roads VA, Wilmington NC, Charleston SC, Savannah/Brunswick GA, and Jacksonville FL.
- Port key performance indicators
(2013)—Includes top trading partners, commodities, tradelanes and U.S. Ports
- “Leading the Revolution in the Port Industry: The Hampton Roads Center for Intermodal Transportation,”
(updated January, 2014) by Joseph F. Bouchard
- “The Potential Impact of the Panama Canal Expansion on the Port of Virginia”
(February 2014) by Graduate Research Assistant Keith Waters (GMU)
- Port-related tax incentives
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- Tourism Industry:
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- Tourism in the United States
– Taken from IBIS World, it defines the industry, those that benefit from tourism, main activities, major products and services of the industry, etc. The report includes industry size, structure, supply chain, employment (included in industry data), tourist attractions in VA, profile of tourists coming to VA and Hampton Roads.
- 2008 Virginia Beach Economic Tourism Economic Impact Study
(May, 2009)
In 2009 the College of Business and Public Administration and the Research Foundation conducted a study for the City of Virginia Beach to estimate the total economic impact and direct taxes and fees generated by the 2008 inflow of visitors to the city’s tourism industry.
- Tourism in the United States
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- Unmanned Vehicles:
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- Drones and unmanned vehicles
– defines the sector and classifications assigned by DoD, product segmentation for air drones, industry size and structure in the global economy (life cycle stage, capital intensity, regulation level, barriers to entry, competition, uses, future outlook, key external drivers), supply chain (buying and selling industries, products and services, demand, market segmentation, markets, concentration,, success factors, competition, barriers to entry, globalization, major companies, technology change, revenue volatility, regulation & policy, and industry data), list companies and current commercial uses, military uses as well as DoD funding. The report also includes the top 20 NAICS codes and Federal prime contractors associated with drones.
- Unmanned underwater vehicles
– describes the industry, its size and structure in the global economy, supply chain and employment (included in industry data), companies, research institutions and manufacturers (global/Nation/State) as well as company analysis (Bloomberg) and military applications.
- Drones and unmanned vehicles
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Workforce Development Resources
Pre-k through Grade 12 Resources
- “Pathways to Prosperity: Meeting the Challenge of Preparing Young Americans for the 21st Century.”
Harvard University. 2011.
- “The Pathways to Prosperity: A state progress report, 2012-14.” Harvard University June 2014.
- “Virginia’s Biennial School Readiness Report Card 2013”
Virginia Early Childhood Foundation. 2013.
- “Preparing Students to be College, Career and Citizen-Ready.”
An Achievable Dream. March 2013.
- “Smart Beginnings to Pass the Torch” The Hampton Roads Business Journal 21 September 2012.
- “How High Schools Become Exemplary: Ways that Leadership Raises Achievement and Narrows Gaps by Improving Instruction in 15 Public High Schools.”
Harvard. 2009.
- “The Case for a High Quality, Full-Time Academic Career/Technical High School in Norfolk Executive Summary”
September 2012.
- “Worcester Technical High School: 2011 MetLife Foundation-NASSP Breakthrough School.”
MetLife Foundation. 2012.
Veterans and Military Transition Resources
- “The Employment Situation of Veterans”
Institute for Veterans and Military Families: February 2014.
- “Hampton Roads Active Duty Transition Data 2004-13.”
Defense Manpower Data Center March 2014.
- “The Difficult Transition from Military to Civilian Life.” Pew Research Social & Demographic Trends December 2011.
- “Having Too Many Groups to Help U.S. Veterans is Counterproductive.” Center for a New American Security. August. 2013.
- “Military Transition Support Project: Creating a community plan for transforming the transition experience for San Diego’s military families.”
San Diego Grantmakers. February 2014.
General Workforce Development Resources
- “The Hidden STEM Economy Nationally and in Hampton Roads.”
The Brookings Institute October 2013.
- “Virginia’s Workforce System Report Card”
Council on Virginia’s Future April 2014.
- “Workforce Development in Virginia”
The Commonwealth Institute. December 2013.
- “Blueprint Virginia: A business plan for the Commonwealth.”
Virginia Chamber of Commerce. 2014.
- “Recovery: Job Growth and Education Requirements Through 2020” Center on Education and the Workforce. June 2013.
- “Greater Peninsula State of the Workforce Report 2014 Executive Summary.”
Peninsula Council for Workforce Development. 2014.
- “State of the Workforce 2010.”
Opportunity Inc. 2010.
- “Workers as an Economic Force.”
Opportunity Inc. January 2013.
- “Skills to Succeed Inventory: Virginia Peninsula Career Pathways in Advanced and Precision Manufacturing Technologies.”
Peninsula Council for Workforce Development. 2012.
- “Strong Talent Drives Strong Economies: The role of talent, Innovation and Collaboration”
Governing. 2013.
- “Ready to Work: Job-driven Training and American Opportunity.”
The White House. July 2014.
- “The Skills Initiative.”
Embassy of the Federal Republic of Germany. 2013.
Apprenticeship Resources
- “Racine School-to-work Program Successfully Prepares Next Generation of Workers”
Wisconsin Department of Workforce Development Secretary’s Office: May 2012.
- “Training for Success: A policy to Expand Apprenticeships in the United States.”
Center for American Progress. December 2013.
- “Rates of Return on Investments in Apprenticeships: Summary of the Empirical Evidence.”
Dr. James Koch March 2013.
- “Preparing for Success Through Apprenticeship.”
Technology and Engineering Teacher. September 2012.
Reinvent Hampton Roads Resources Document Archive
- RFP for GO VA Region Five
(2017)
- Civic Leadership Study Group Report
(2014)
- Civic Leadership Study Group Executive Summary
(2014)
- Entrepreneurship Study Group Report
(2014)
- Entrepreneurship Study Group Executive Summary
(2014)
- Industry Clusters Study Group Report
(2014)
- Industry Clusters Study Group Executive Summary
(2014)
- Workforce Development Study Group Report
(2014)
- Workforce Development Study Executive Summary
(2014)