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| A REVIEW OF THE ECONOMY |
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| The Newport News economy is a high performer. The Newport News economy, anchored by Northrop Grumman Newport News (Newport News Shipbuilding), is the turbine which powers the Virginia Peninsula's regional economy. It is a strong and stable economy. Strategic planning and a pro-business atmosphere have primed Newport News for a bright economic future in the 21st century and beyond. The Newport News economy possesses a healthy mix of manufacturing, defense, research and technology, and office-based industries. The Oyster Point business park is the central business district for the entire Virginia Peninsula region. Newport News also leads the region in retail sales. |
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