Economy of Norfolk, Virginia

Economy Of Norfolk, Virginia

Since Norfolk serves as the commercial and cultural center for the somewhat unique geographical region of Hampton Roads (and in its political structure of independent cities), it can be difficult to separate the economic characteristics of Norfolk, from that of the region as a whole. In any case, it is no surprise that the waterways which almost completely surround the Hampton Roads region also play an important part in the local economy. As a strategic location at the mouth of the Chesapeake Bay, its protected deep water channels serve as major arteries for the import and export of goods from across the Mid-Atlantic, Mid-West, and international destinations, as well as playing host to the world's largest naval base.