Posted on Sep 30, 2015
What are the three biggest factors influencing where you live after transitioning from Active Duty?
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Are you more likely to live somewhere you've lived before? How much does your spouse or other family influence the decision? Perhaps: "I'll go anywhere I can find a job"?
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Posted 10 y ago
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CDR (Join to see)
How do you determine "economy"? Is it based on what people say about an area? Is it based on your own impressions? For example, there are jobs in Michigan, but not everyone believes Michigan's economy has truly recovered from the hit it took.
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SFC Joe S. Davis Jr., MSM, DSL
CDR (Join to see) well, its based off experience. I have been in the area off and on for 20 years and with the majority of Newport News, Hampton and Norfolk being a DOD assist to the community with the addition off all 5 branches of Armed Forces. Jobs are always present. Its one of the reason I retired in Newport News, Virginia because of the economy .
42 percent of Hampton Roads’ economy is built on defense. Last year, Virginia’s economy stagnated, ranking 48th for economic growth, according to the U.S. Bureau of Economic Analysis.
Defense will likely always be a major part of this region’s economy, but that can’t mean local and state officials should bank on heavy streams of federal dollars to preserve economic stability.
Instead, defense must be viewed as one of many critical components, one that — like the port — provides opportunities to spur development of related industries that help weave a stronger economic fabric."
McAuliffe pointed out Tuesday that cybersecurity is one such industry, and that Virginia — and Hampton Roads, in particular — is well-positioned to become a national leader.
42 percent of Hampton Roads’ economy is built on defense. Last year, Virginia’s economy stagnated, ranking 48th for economic growth, according to the U.S. Bureau of Economic Analysis.
Defense will likely always be a major part of this region’s economy, but that can’t mean local and state officials should bank on heavy streams of federal dollars to preserve economic stability.
Instead, defense must be viewed as one of many critical components, one that — like the port — provides opportunities to spur development of related industries that help weave a stronger economic fabric."
McAuliffe pointed out Tuesday that cybersecurity is one such industry, and that Virginia — and Hampton Roads, in particular — is well-positioned to become a national leader.
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