Economics

Young Firms and Regional Economic Growth

Young Firms and Regional Economic Growth demonstrates how knowledge-intensive and Main Street entrepreneurs are critical to long-term economic success. Metropolitans and micropolitans that started with stronger entrepreneurial ecosystems  read more »

3 Reasons COVID-19 is Creating a Rural Employment Crisis

The COVID-19 pandemic is creating a health crisis unlike anything we’ve ever seen. But the disease’s damage doesn’t stop there. With millions of people forced to stay at home, the economy has cratered. 701,000 people lost their job in March alone—the worst month for American jobs since the Great Recession in March 2009.  read more »

Indianapolis Backs $25 Million in Paycheck Protection Loans

I want to highlight a great development here in Indianapolis. The city of Indianapolis has approved allocating $25 million to fund federal paycheck protection program loans underwritten by the Indy Chamber. (Full disclosure: I am a consultant for the chamber).  read more »

Michagan's Health and Economic Situations Are Dire

New weekly unemployment insurance claims continue to moderate, but remain at levels unseen before the COVID-19 outbreak. In addition, new claims filed since March 1st are now above 20 percent of pre-outbreak employment in some states.  read more »

Lousiana in the Bullseye of the COVID-19 Economic Crisis

New weekly unemployment insurance claims have come down slightly from last week's record-setting levels. Looking at the unemployment insurance data and data on confirmed COVID-19 cases, Louisiana is being severely impacted from both a health and economic perspective.  read more »

WSJ Editorial: How Politics Created the Oregon Housing Shortage

A January 5, 2020 Wall Street Journal editorial examines Oregon’s housing affordability crisis. The editorial, “The Housing Shortage in Profile: Construction in Oregon dropped to the lowest level since World War II” not only describes the immediate consequences of Oregon’s recently enacted land use regulations but also provides the four decade context that has done so much damage to its middle-class.  read more »

Google Chooses Mississippi

The Memphis Commercial Appeal has reported that Google will open its first US operations center in the northeast Mississippi. This area includes the suburbs and exurbs of the Memphis, TN-MS-AR metropolitan area.  read more »

Choose Energy Publishes Energy Rates by State

Choose Energy tracks energy rates by state. Find your state on the interactive map below to see the latest average rate, its rank among other states and the percentage change from the previous month. Learn more at ChooseEnergy.com.  read more »

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Australia's High-Rise Apartment Crash Turns Apocalyptic

Yesterday, the Australian Bureau of Statistics (ABS) released its dwelling approvals data for November, which revealed that dwelling approvals nationally have crashed by 35% in trend terms from the March 2015 peak, driven by a mammoth 52% decline in unit and apartment approvals.  read more »

Contrarian’s Corner: OC Housing Market Underpriced?

Chapman University President Emeritus and Professor of Economics Jim Doti gave more than the red meat of prognostication at the recent mid-year update on the economic forecast from the A. Gary Anderson Center at the Argyros School of Business and Economics.  read more »