The Great Recession: 10 Years Later

13News Now | July 11, 2018

By: Janet Roach

It’s been 10 years since the start of the Great Recession. When the bottom fell out of the markets and banks failed, Hampton Roads was hit hard. Our red-hot housing market took a hit. Friends and neighbors lost their homes and their jobs. Tourism dollars and defense spending dried up. There was uncertainty all around.

Now a decade later, Hampton Roads is taking heed of lessons learned from the Great Recession.

The full article and video can be found online on 13News Now