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For the week of January 26, 2015
COMMENTARY – by Michael J. Hicks, Ph.D.
Though it may create jobs locally, this plan likely would increase tax costs and decrease jobs statewide.
A decade ago, I was part of a Department of Energy team that studied the feasibility and economic impact of an electric power plant. This plant was designed to process coal into synthetic natural gas while capturing and storing much of the carbon emissions into the closed mines that littered West Virginia.
Read the full text: Rockport Bill Is a Net Job Killer
Last week's commentary: Minimum Wage and Purple Unicorns
Ever wonder about how a new business could affect the local economy? Or how a big move will change the amount of money in your wallet? These questions can be answered through the calculators found on cberdata.org!
DID YOU KNOW? – by Dagney Faulk, PhD
Data on U.S. housing starts remained strong in December with over a million residential units added. Growth is strongest in single family (1 unit) and large multifamily (5+) units. The number of multifamily starts surpassed pre-recession levels (see graph) while the number of single family starts still lags pre-recession levels (see graph).
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
TUESDAY: Indiana Unemployment Rate, Monthly
TUESDAY: U.S. Durable Good Orders, Monthly
|Center for Business and Economic Research
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