Manufacturers’ News, Inc.– For a third straight year, industrial employment in Texas posted a gain, reports the 2014 Texas Manufacturers Register®, a manufacturers database and directory published by Manufacturers’ News, Inc. (MNI). According to data collected by MNI, Texas manufacturers added 31,198 industrial jobs, a 2.5% increase, from May 2013 to May 2014. Manufacturers’ News… Keep reading →
Economy
Today, members of the Fed Up at the Pump coalition in Kern County are leading an effort to educate and inform consumers, farmers and small business owners about a state-agency mandated gas and diesel price hike that will negatively impact the local economy, especially the agriculture industry and hardworking families in the Central Valley. Starting… Keep reading →
Opinion: EPA Acknowledges CCS Potential but Fails to Create Right Investment Incentives
By Roman Kilisek
In general, when discussing global progress on climate change the ideas often floated with respect to the structure of regulating carbon emissions from fossil fuel-fired power generation have two starting points: They either propose a carbon tax on emissions (e.g. Australia before July 1, 2014) – meaning that a price is basically set for the… Keep reading →
Stanford and Oxford Economists Propose Strategy to Reduce the Risk of Taxpayer-funded Bank Bailouts
By businesswireEver since the great financial crisis, financial reformers have pushed banks to prevent future taxpayer bailouts by adopting “bail-in” mechanisms. One increasingly popular strategy, encouraged by the Basel III framework for banking regulation, is for banks to issue “contingent convertible” bonds that convert to ordinary stock if the bank’s capital reserves get too low. It’s… Keep reading →
Manufacturers’ News, Inc.– Manufacturing employment in California increased one percent over the past year, reports the 2014 Directory of California Manufacturers ®, an industrial database and directory published by Manufacturers’ News, Inc. (MNI). According to data collected by MNI, California manufacturers added 13,084 jobs from February 2013 to February 2014. Manufacturers’ News reports California is… Keep reading →
U.S. Chamber Commends Senate Introduction of Asbestos Trust Transparency Legislation
By businesswireLisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement regarding the introduction of the “Furthering Asbestos Claim Transparency (FACT) Act of 2014” (S. 2319) yesterday in the U.S. Senate. The legislation would require asbestos personal injury settlement trusts, which currently operate with little oversight and transparency, to… Keep reading →
National health spending (NHS) in March 2014 grew 7.1% over March 2013, the highest 12-month rate since February 2005, well before the recession, which began in December 2007. The health spending share of GDP reached an all-time high of 17.9% in March, just above its February value of 17.8%. Health care prices in March 2014… Keep reading →
Minnesota’s manufacturers are more confident in their firms’ future than at any point since 2009, according to the sixth annual The State of Manufacturing®, a survey research project sponsored by Enterprise Minnesota and partners. Health care costs, government policies and regulation, and the ability to attract and retain qualified workers also top the list of… Keep reading →
Capt. Lee Moak, president of the Air Line Pilots Association, Int’l (ALPA) underscored today in testimony before the U.S. House Aviation Subcommittee the serious economic threat to U.S. airlines posed by state-supported foreign airlines and foreign airlines’ business plans that conflict with U.S. policy. He reinforced ALPA’s call for the U.S. government to make certain… Keep reading →
National Poll Dispels Popular Assumptions About Improving Local Economies and Attracting New Residents
By businesswireA wide-ranging national survey released today by the American Planning Association (APA) finds that Millennials and Baby Boomers want cities to focus less on recruiting new companies and more on investing in new transportation options, walkable communities, and making the area as attractive as possible. The poll also showed the perceived importance of shared economies,… Keep reading →