I guess I should say off the bat that I have some libertarian leanings and think that a lot of currently outlawed or restricted “vices” should be legalized. But I’ve always had a problem with the Georgia Lottery. I DON’T…
Category: Economics
GDP growth in 1st quarter restrained by government cuts
The economy grew at a 2.2% annual rate in the first quarter, according to the advance estimate that is subject to major revision. Cuts to military spending restrained growth while new residential investment added to it.
Atlanta Food Truck Park opening Thursday
As the food truck movement has grown in cities like Atlanta and Charleston, it has stalled in Savannah.
Will Georgia taxpayers have to pay entire $650 million for dredging?
I don’t know whether Georgia politicians are feeling the pressure from South Carolina’s growing resolve regarding funding or whether there are simply growing concerns about the federal funding process, but yesterday’s press conference with Governor Deal could be the first step in asking state taxpayers to fund the entire $652 million dredging of the Savannah River.
Home prices hit new lows in February, according to Case-Shiller
S.C. prepared to pick up full tab for Charleston port dredging
New editorial from the Charleston Post & Courier explores federal failings over the decades and the need for national strategies regarding dredging projects.
Whole Foods’ focus on sustainability creates disputes with some fishermen
But the move could be good news for those harvesting Wild Georgia Shrimp.
Unemployment by state: a story of many recoveries
Georgia’s unemployment rate fell to 9.0% in March, but that’s still really high. It’s going to be several years before the state recovers all the jobs lost during the recession. That number comes from a survey of households, but a…
Georgia Board of Regents releases tuition and fee level for 2012-2013
From the Board of Regents: This fall, most students at Georgia’s 35 public colleges and universities will see the smallest tuition increase in a decade – 2.5 percent. The action taken by the Board of Regents on tuition today is…
Housing: a choppy, inconsistent recovery
In my City Talk column today, I summarize some of the latest home sales data for the Savannah area. Single-family home sales were essentially flat compared to a year ago, but inventories are shrinking because of a decreased pace of…
Gas prices may have peaked — at least for now
Here’s the latest from GasBuddy.com.
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| Savannah Historical Gas Price Charts Provided by GasBuddy.com |
Open the post for more.
Calculated Risk compares job losses of recession to Great Depression
We don’t have good data from the Great Depression, but the U.S. probably lost more than 15% of its civilian jobs from 1929 to about 1932. The jobs recovery was pretty quick from there, but then jobs were lost again…
Why housing will continue to be a drag on the recovery
New construction is typically a driver of economic recoveries, but the combination of tighter credit because of the financial crisis and the massive overhang of existing homes — we built too many plus saw many others become distressed — could not be countered by any conventional, or politically acceptable, policy moves.
Savannah River deepening: Savannah Morning News coverage today is thorough
Click here to go to the news page that has multiple — and thorough — articles about yesterday’s authorization that the Savannah River channel be dredged to 47 feet, which is 5 feet deeper than it is now but a…