Economy and Economics

Game Weekends
7:03 am
Fri April 24, 2015

Football Bump Boosts NRV Economy

Credit http://www.hokiesports.com/football/

In Blacksburg, Virginia the words, “game day” mean two things: Hokie football and traffic.  But a new economic impact study says that traffic brings 69-million dollars a year to the region. 

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Economics & Economy
8:26 am
Thu April 23, 2015

Examining Hotel Roanoke's Economic Impact 20 Years After its Reopening

Credit Doubletree Hilton

Norfolk and Western (now Norfolk Southern) opened the Hotel Roanoke on Christmas Day 1882. After undergoing a number of renovations and additions, the Star City mainstay was closed in 1989 - but reopened soon after. The City of Roanoke and Virginia Tech marked the 20th anniversary of the hotel’s reopening by releasing a report that examines the its impact on the local economy. 

In 1989, when the Norfolk Southern Corporation donated the Hotel Roanoke to Virginia Tech, not everyone thought the deal made sense. In fact, it made a lot of dollars.

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Economics & Economy
6:15 am
Thu April 2, 2015

Examining Virginia's Immigrant Population

President Obama has vowed to keep fighting for immigration reform, while Republican leaders push for new limits on who can come and who can stay in the U.S.  Here in Virginia, experts say the debate should take a very different tone, as this state’s immigrant population is like no other in the nation. 

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Declining Population
4:41 pm
Thu March 19, 2015

"Kill the Bees, Kill the Economy"

Credit https://creativecommons.org/licenses/by/2.0/

Annually for about 13 years, Virginia—like many other states—has been losing about 30% of its honey bee population to a host of problems.  

Some might think that there’s no need to worry.  But aside from the delicious honey they produce, bees are a major contributor to the production of Virginia agriculture, the state's top commodity.

Kill the bees, kill the economy—not to mention furthering the slow breakdown of the ecosystem. So what's leading to the decline? Virginia Tech entomologist Dr. Troy Anderson says a lot of factors are responsible.

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Economics & Economy
7:52 am
Thu March 12, 2015

Floyd's Own "Shark Tank"

Maybe you’ve seen that television show Shark Tank?  …Where would-be entrepreneurs pitch their ideas for new businesses? Well, Floyd County is doing something sort of like that as a way to spark economic development there.  

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