Category: Economics

East Coast port expansions: more skepticism about costs and about job creation

Transshipment — moving goods from bigger vessels to smaller ones on the Atlantic side of the Panama Canal — might mean that much of the planned East Coast harbor dredging is unnecessary.


My latest Peach Pundit post: July primary could doom TSPLOST

I’ve got a new post up today — Savannah, Turnout, and TSPLOST — arguing that a weak Democratic turnout in Chatham County on July 31 will doom the coastal region TSPLOST.

The ongoing drag of housing on the U.S. economy

In his latest Savannah Morning News column, Nicholas Mangee gives a great overview of the continued drag of housing on the economy.

More bad news for print journalism: New Orleans Times-Picayune lays off 202, including half its newsroom staff

In preparation for takeover by the Nola Media Group, layoffs for half the newsroom employees at the New Orleans Times-Picayune.

U.S. housing woes: Canadians to the rescue?

“International buyers accounted for $82.5 billion, or 8.9%, of the $928 billion spent on residential real estate in the 12-month period that ended in March, according a survey released Monday by the National Association of Realtors. That was up 24% from $66.4 billion in the previous-year period.”


I am now a contributor to Peach Pundit

I will be posting about twice a week on one of Georgia’s most influential political blogs, but will obviously continuing doing what I’m doing here.

CoreLogic HPI signals national home prices have bottomed

But Georgia home prices were still down 5.6% in April compared to a year ago.

U.S. economy added just 69,000 jobs in May; unemployment rate at 8.2%; U-6 unemployment up sharply

The U.S. economy added a very disappointing 69,000 jobs in May, according to results of the monthly survey of payroll establishments released this morning by the Bureau of Labor Statistics.

Reading the trends in the data at Calculated Risk

I won the monthly contest for economic predictions on my favorite blog.

Grist on the resurgence of local food in the South

“Just 10 years ago it would have been impossible to draw 500 participants and over 30 food vendors and producers to an event focused on local, sustainable food. And the Alabama Sustainable Agriculture Network (ASAN) has a lot to do with the grassroots movement behind the change. For a decade the nonprofit has been gathering small-scale farmers and ranchers throughout the state in an effort to organize, educate, and network producers and consumers.”

Home price declines: What’s the matter with Atlanta?

Atlanta home prices fell 17.7% from March 2011 to March 2012.


Home prices at new post bubble lows in March, according to Case-Shiller

Prices are back at their mid-2002 level, but we might have already hit bottom.

What’s next for Savannah home prices?

Many of you have already seen my post about Zillow’s county-by-county graphic showing the percentage of underwater mortgages around the country. Here in Chatham County, 37% of home mortgages are underwater.

Fast Company magazine highlights SCAD, entrepreneurship in Savannah

In the wake of some bad press for SCAD about the return on investment for graduates (tuition vs. future earnings), Fast Company has a fascinating interview with college co-found and president Paula Wallace.