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Category Archives: Economy
Manufacturing Boom Depends On Affordable, Reliable Electricity
A year or so ago, few would have predicted the manufacturing expansion we are seeing here in Virginia. After years of seeing jobs and indeed entire manufacturing industries move offshore, we are thrilled to hear of new operations happening right … Continue reading
Posted in Economic Development, Economy
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The State's Economy Is Still Sluggish
By the appearance started to take shape in many stores in malls and shopping centers, it’s beginning to look a lot like Christmas – the time of year that represents about 20 percent of the retail industry’s total sales. And … Continue reading
Posted in Economy
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When the Gender Gap Meets the Racial Gap
When remarking upon disparities in educational outcomes, most pundits focus on the racial/ethnic gap between Asians and whites on the one hand and blacks and Hispanics on the other. That’s no surprise, given the distressing size of the gap and the … Continue reading
Mid-Level Income Jobs Not Increasing
A lot has been made about the hollowing out of America, also called “job polarization” by economists. It happened during the recession when the employment in mid-wage occupations declined by a larger number than lower-wage or higher-wage occupations dropped. Since … Continue reading
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"The Economy of the Past Is Over.” But What Comes Next?
So, Virginia faces a $2.4 billion projected budget shortfall, which Governor Terry McAuliffe blames largely on defense funding cuts mandated by sequestration. Surprise, surprise. We’ve seen this train wreck coming for years. Some have seen it more clearly and shouted … Continue reading