Experts and Business Leaders Believe Engines of City's Fiscal Ship Powerful Enough to Steam Ahead, Despite Headwinds The Civic Federation and the Federal Reserve Bank of Chicago hosted an event, 'Chicago’s Fiscal Future: Growth or Insolvency?' on Wednesday at...
Economic Resources
A Decade of State Unemployment Rate Figures Confirms: Sky Not Falling
Bureau of Labor Statistics New Interactive Unemployment Rate Chart Reminds Us of Just How Bad Things Were, and How Far We've Come Building off MuniNet's analysis of state employment numbers in 2016, the Bureau of Labor Statistics has released an interactive chart...
Where the Greenbacks Grow: State Income Changes Show 50-State Growth
BEA Releases State Income Changes Q3 2016. All States Show Growth for Second Consecutive Quarter The U.S. Bureau of Economic Analysis (BEA) released its figures of state income changes for the third quarter of 2016. The aggregate change of personal income for all U.S....
Shared Success: 2015 Personal Income Growth
Personal Income Growth in 2015 Is Shared by the Overwhelming Majority of U.S. Counties; Evidence That Economic Recovery is Broadly Distributed The Bureau of Economic Analysis (BEA) released its 2015 personal income numbers for all 3,113 counties in the U.S. 82%...
A Tale of Three Cities: Employment Picture Continues to Improve in U.S. Cities, Imbalanced Progress
Three Cities Show Three Images of Employment Picture Fortunes The Bureau of Labor Statistics released its Metropolitan Statistical Area (MSA) unemployment figures for September 2016 earlier this month. Of the 387 official metro areas in the United States, 224 (58%)...
Where the Greenbacks Grow: State Income Changes Q2 2016
BEA Releases State Income Changes Q2 2016. All States Show Growth for First Time Since 2014. The U.S. Bureau of Economic Analysis (BEA) released its figures of changes in state income for the second quarter of 2016. The aggregate change of income for all U.S....
State Poverty Levels Not Level Across States
Different Measurements Show Different Views of State Poverty The nation received good news from the U.S. Census Bureau reported last week, that real median household income increased by 5.2 percent between 2014 and 2015, while the official poverty rate decreased 1.2...
Unto Caesar: State and Local 2016 Q2 Tax Revenues
2016 Sees State and Local Q2 Tax Revenues Decline 0.6% Since Same Time Last Year State and local governments provide most of the public services that we benefit from on a daily basis. Your garbage gets picked up, your streets get plowed, your water turns on, your...
The State of Cities: Metropolitan GDP Changes in 2015
Metropolitan GDP Numbers Show Strong Growth Widely Dispersed But Far From Universal Prosperity Our state and local economies influence he we perceive the country is doing, in as much as GDP is a proper measurement of economic performance. People will find statistics...
How Should We React When State and Local Governments Get More of Our Money?: Dissecting the Upside of Higher State and Local Government Tax Revenues
First Quarter of 2016 Sees Tax Revenues Rise 3.1% Since Same Time Last Year The amount of tax revenues being brought in by state and local governments is important, as it may indicate the direction of the economy through increased economic activity, it may reflect...