The Virginian-Pilot

THE LEDGER STAR

Business: Sunday, September 7, 1997

• PROMOTING HAMPTON ROADS
• MILITARY LOOKING AT A BIGGER SLICE OF A SMALLER PIE HAMPTON ROADS LOST 8,000 ACTIVE-DUTY SAILORS AND ANOTHER 2,400 CIVILIAN WORKERS DURING 1996.
• REAL ESTATE ON MORE SOLD GROUND AFTER DECADE'S SLOW START
• FINANCEAS BANKING AND SECURITIES INDUSTRIES CONSOLIDATE, SOME WONDER IF THE MARRIAGE IS MADE IN HEAVEN. BANKS CONTINUE TO BUY INTO SECURITIES
• FINANCE THE OLD DOMINION IS ATTRACTIVE NEW TERRITORY FOR FOUR NORTH CAROLINA-BASEDBANKS, WHICH HAVE ANNOUNCED EXPANSION PLANS. WHEN ALL THE DEALS ARE DONE, N.C. BANKS WILL HOLD ABOUT 47 PERCENT OF VIRGINIA'S BANK DEPOSITS. FINANCIAL INSTITUTIONS BANKING ON VIRGINIA BUSINESS
• GROWTH WHERE NEW BUSINESS HAS LOCATED
• EMPLOYMENT ``WE'RE STILL SEEING THAT SHIFT TOWARD SERVICE.''
• EMPLOYMENT FORD AND SCHOOLS ADD HUNDREDS OF JOBS
• LENGTH: 39 lines
• TOURISM VISITORS TO HAMPTON ROADS BRING THE MAKINGS OF VITALITY WITH THEM
• TOURISM FOR NORFOLK INTERNATIONAL AIRPORT, SKIES LOOK BRIGHT
• RETAIL MAJOR NATIONAL RETAILERS STILL SEE IN HAMPTON ROADS, BUT REGIONAL CHAINS ARE STRUGGLING.
• HEALTH CONSOLIDATION, INTEGRATION CHANGE OUR HEALTH CARE
• THE PORT CHANGES BRINGING GOOD AND BAD NEWS HAMPTON ROADS IS ON PACE FOR A RECORD YEAR - THANKS TO BIG GROWTH IN CONTAINERIZED SHIPPING.
• COMMUNICATIONS AD MARKET IS SMALL, BUT THAT DOESN'T DULL COMPETITION
• COMMUNICATIONS PHONE COMPANIES RING UP BIG GROWTH FIGURES IN AREA<
• FOR MORE INFORMATION
• SHIPBUILDING DROP IN NAVY WORK IS HARD TO RECONCILE THE REGION'S SHIPYARDS ARE IN THE HUNT FOR PRECIOUS COMMERCIAL WORK TO FILL THEIR SCHEDULES.