Wednesday, July 6, 2022

Economic Stats

Economic Experts Predict Hampton Roads Will Continue To Be Affected By Inflation And Labor Shortages

NEWPORT NEWS-Midway through 2022, inflation and worker shortages have had a negative impact on not only the nation, but the commonwealth of Virginia and the Hampton Roads region as well. The two will continue to take a toll on...

Inflation And Shortage Of Workers Will Continue To Impact The Economy In 2022

WILLIAMSBURG-Rising prices and a lack of workers will continue to affect the economy on both the national and local level throughout 2022. That’s what Peter McHenry, an associate professor of economics and public policy at the College of William &...

Almost Half Of Hampton Roads Residents Say Economy Is Excellent Or Good

Old Dominion University recently released its annual survey detailing residents’ perceptions of life in the region, and it’s filled with interesting numbers. Regarding the economy, the Social Science Research Center’s “Life in Hampton Roads” survey showed 23.7 percent of the...

Ferguson Reports First Quarter Results Of Fiscal Year

NEWPORT NEWS—Despite supply chain issues and labor shortages throughout the United States and the world, Ferguson posted strong first quarter results. “Our associates have continued to drive strong market share gains while navigating industry supply chain pressures, delivering particularly...

Economic Forecast Shows Improvements Following The Pandemic

NEWPORT NEWS—The Virginia Peninsula Chamber of Commerce hosted the 2021 Mid-Year Economic Forecast Breakfast on Thursday, June 17 at Newport News Marriott at City Center. Dr. Vinod Agarwal and Dr. Robert McNab, economists from Old Dominion University’s Strome College...

Virginia Peninsula Chamber Hosts Economic Forecast Breakfast

After a 15-month hiatus precipitated by the covid-19 pandemic, the Virginia Peninsula Chamber of Commerce will host its first live event in partnership with Old Dominion University’s Stome College of Business. Economists from ODU’s Dragas Center for Economic Analysis...

Northam Wants To Speed Processing Of Unemployment Claims

On May 19, Governor Ralph Northam directed the Virginia Employment Commission (VEC) to invest $20 million to dramatically expand the agency’s ability to process complicated unemployment insurance claims. Executive Directive Sixteen required the agency to add 300 new adjudication...

Latest news

Water Country USA’s Newest Attraction Opening July 15

YORK-Water Country USA’s younger guests will have a new area of the park to explore later this month. The water park’s newest attraction, Lil’Surfers Splash Pad, is expected to open on Friday, July 15. The attraction will feature fountains, spray...

Food Lion Honors Two Williamsburg Employees For Their Service

JAMES CITY-The Food Lion grocery store chain recently recognized long-term associates for their service to the company. Among those honored were two employees who work out of the Food Lion stores in the Greater Williamsburg area. On June 30, Food...

Renovations Of Gloucester’s Historic Circle Reveal Surprises

GLOUCESTER – Renovating an old building, especially one that is a few hundred years old, often results in a few surprises. “You don’t honestly know what you’re going to run into as you peel back the layers of the building...