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For the week of May 2, 2016
COMMENTARY – by Michael J. Hicks, Ph.D.
A nearby state sets an excellent example of an efficient community college model.
In the darkest days of the Great Recession, enrollment at Ivy Tech exploded, allowing perhaps one in three unemployed Hoosiers to pursue an education. The women and men who made that happen in the classroom and administrative offices deserve our thanks. But, in 2016, not all is well in what might be our most important college.
Read the full text: The Future of Ivy Tech
Last week's commentary: Labor Markets Outcomes Value Education
View our latest work and related topics by visiting our projects and publications library.
Projects and Publications Library: http://projects.cberdata.org
DID YOU KNOW? – by Dagney Faulk, PhD
US gross domestic product (GDP) data for the first quarter of 2016 was recently released. GDP increased only 0.5 percent over the past year, coming in just below $316.5 trillion (seasonally adjusted and adjusted for inflation). Of the components of GDP, gross private domestic investment (primarily business investment in plant and equipment and housing) decreased. Imports grew faster than exports leading to negative growth in net exports.
Government spending increased due primarily to state and local government expenditures. Personal consumption spending, which makes of the bulk of GDP, increased 0.7 percent.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
May 6, 2016
|Center for Business and Economic Research
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