For the past 29 years, Old Dominion University economists have presented their annual Economic Forecast to community leaders at the beginning of each year. This year's forecast, delivered by Vinod Agarwal, professor and Economic Forecasting Project director, and Robert M. McNab, professor and director of the Dragas Center for Economic Analysis and Policy, predicted that the U.S. economy will grow for a third consecutive year, but consumers are still not convinced. Photos Chuck Thomas/ÃÛÌÒ´«Ã½
Kenneth B. Kahn, dean of the Strome College of Business at Old Dominion University, welcomes attendees to the 2024 Economic Forecast luncheon held in the Big Blue Room inside the Chartway Arena. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Vanessa Coria, vice president of communications for Chartway Credit Union, welcomes participants to the 2024 Economic Forecast. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Business leaders and community members gather to hear this year’s Economic Forecast presentation. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, economics professor and director of the Dragas Center, provides insights into the outlook for state and national economies. He guides attendees through various crucial indicators, including unemployment rates categorized by race and ethnicity. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, an economics professor and director of the Dragas Center, forecasts a decline in interest rates in 2024. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Vinod Agarwal, a professor of economics and director of the Economic Forecasting Project, shares projections for the economic future of Hampton Roads. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, an economics professor and director of the Dragas Center, responds to a question during the Q&A session. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Kenneth B. Kahn, dean of the Strome College of Business at Old Dominion University, welcomes attendees to the 2024 Economic Forecast luncheon held in the Big Blue Room inside the Chartway Arena. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Vanessa Coria, vice president of communications for Chartway Credit Union, welcomes participants to the 2024 Economic Forecast. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Business leaders and community members gather to hear this year’s Economic Forecast presentation. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, economics professor and director of the Dragas Center, provides insights into the outlook for state and national economies. He guides attendees through various crucial indicators, including unemployment rates categorized by race and ethnicity. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, an economics professor and director of the Dragas Center, forecasts a decline in interest rates in 2024. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Vinod Agarwal, a professor of economics and director of the Economic Forecasting Project, shares projections for the economic future of Hampton Roads. Photo Chuck Thomas/ÃÛÌÒ´«Ã½
Robert M. McNab, an economics professor and director of the Dragas Center, responds to a question during the Q&A session. Photo Chuck Thomas/ÃÛÌÒ´«Ã½