The document discusses strategies for improving the quality of life and economy of the Greater Owensboro region. It notes that the region has experienced job growth and been recognized as a best small city. However, the traditional base sectors of the local economy like manufacturing are declining. The document proposes developing a "middle economy" by helping base sectors appeal to external markets. It outlines efforts to support innovation, high-tech businesses, and stage II companies to create jobs and private investment in the region. Infrastructure like transportation and education are also discussed as ways to strengthen the regional economy.
As the debate about future economic growth continues, we provide selected excerpts from Q4 earnings transcripts. Quotes from CEO's of companies across multiple industries. Excluding energy and manufacturing, most CEO's indicated a positive growth outlook for their respective companies and industries.
Stimulus money and stock market investmentsInvestingTips
The Biden stimulus payments will affect the stock market in two different ways. The economy will improve and stimulus checks will go directly into the stock market.
https://youtu.be/p54JqYnjJGA
Taxes Don’t Make People--or our Economy--Healthier
Press Release from National Federation of Independent Business in Albany New York on Governor Paterson's Soda Tax.
As the debate about future economic growth continues, we provide selected excerpts from Q4 earnings transcripts. Quotes from CEO's of companies across multiple industries. Excluding energy and manufacturing, most CEO's indicated a positive growth outlook for their respective companies and industries.
Stimulus money and stock market investmentsInvestingTips
The Biden stimulus payments will affect the stock market in two different ways. The economy will improve and stimulus checks will go directly into the stock market.
https://youtu.be/p54JqYnjJGA
Taxes Don’t Make People--or our Economy--Healthier
Press Release from National Federation of Independent Business in Albany New York on Governor Paterson's Soda Tax.
Globalization and Structural Shifts in the Developed World – from Industriali...Economic Policy Dialogue
Globalization has changed the developed world structurally from industrial to de-industrialization to post-industrial economies. Present commentary intrigues a connection between the global-penetration and stages of industrial activity and then explores the resultant outcomes relating to the social, economic, political, and foreign influence. It establishes from a list of evolving factors that how the shifts in these economies from industrial to de-industrialization and post-industrial phases are not a result of mere organic economic progression; these are shaped by the conscious actions of the national and international players. Cheaper goods and services in exchange of income, employment and domestic economies raise a question mark on the trade-off led by the liberalized globalization.
NEPC Topic Talks: Understanding a K-Shaped EconomyNEPC, LLC
As we begin to recover from the COVID-19 pandemic, you may hear about the possibility of a "K-shaped recovery." NEPC's Jennifer Appel, CFA explores what this means in today's NEPC Topic Talks.
USA Today's Paul Overberg presents "Breaking Local Stories with Census Data," part of the free business journalism workshop, "Breaking Local Stories with Economic Data," hosted by the Donald W. Reynolds National Center for Business Journalism and the Society of American Business Editors and Writers.
This presentation focuses on the Texas region, however the tools and resources provided can be applied anywhere in the United States.
For more information about free training for business journalists, please visit businessjournalism.org.
[MOST SOLD]Unbound: How Inequality Constricts Our Economy and What We Can Do ...gaxevepe
From one of Washington's most influential voices on economic policy, a lively and original argument that reducing inequality is not just fair but also key to delivering broadly shared economic growth and stability.Do we have to choose between equality and prosperity? Many think that reducing economic inequality would require such heavy-handed interference with market forces that it would stifle economic growth. Heather Boushey, one of Washington's most influential economic voices, insists nothing could be further from the truth. Presenting cutting-edge economics with journalistic verve, she shows how rising inequality has become a drag on growth and an impediment to a competitive US marketplace for employers and employees alike.Boushey argues that inequality undermines growth in three ways. It obstructs the supply of talent, ideas, and capital as wealthy families monopolize the best educational, social, and economic opportunities. It also subverts private competition and public investment. Powerful corporations muscle competitors out of business, in the process costing consumers, suppressing wages, and hobbling innovation, while governments underfund key public goods that make the American Dream possible, from schools to transportation infrastructure to information and communication technology networks. Finally, it distorts consumer demand as stagnant wages and meager workplace benefits rob ordinary people of buying power and pushes the economy toward financial instability.Boushey makes this case with a clear, accessible tour of the best of contemporary economic research, while also injecting a passion for her subject gained through years of research into the economics of work-life conflict and policy work in the trenches of federal government. Unbound exposes deep problems in the US economy, but its conclusion is optimistic. We can preserve the best of our nation's economic and political traditions, and improve on them, by pursuing policies that reduce inequality--and by doing so, boost broadly shared economic growth.
Economist Intelligence Unit (EIU) white paper produced at the height of the financial crisis in January 2009 outlining the opportunities to learn from the downturn and best practice to success in a changing environment.
French presidential elections showed a strong following for anti-eurozone candidates, and even stronger for anti-austerity only EU/ECB policy.
This will have consequences for th futre of the euro in a context where the Europe is heading back in recession and Spain is in deep trouble. France is also facing very strong social and economic challenges ahead.
Globalization and Structural Shifts in the Developed World – from Industriali...Economic Policy Dialogue
Globalization has changed the developed world structurally from industrial to de-industrialization to post-industrial economies. Present commentary intrigues a connection between the global-penetration and stages of industrial activity and then explores the resultant outcomes relating to the social, economic, political, and foreign influence. It establishes from a list of evolving factors that how the shifts in these economies from industrial to de-industrialization and post-industrial phases are not a result of mere organic economic progression; these are shaped by the conscious actions of the national and international players. Cheaper goods and services in exchange of income, employment and domestic economies raise a question mark on the trade-off led by the liberalized globalization.
NEPC Topic Talks: Understanding a K-Shaped EconomyNEPC, LLC
As we begin to recover from the COVID-19 pandemic, you may hear about the possibility of a "K-shaped recovery." NEPC's Jennifer Appel, CFA explores what this means in today's NEPC Topic Talks.
USA Today's Paul Overberg presents "Breaking Local Stories with Census Data," part of the free business journalism workshop, "Breaking Local Stories with Economic Data," hosted by the Donald W. Reynolds National Center for Business Journalism and the Society of American Business Editors and Writers.
This presentation focuses on the Texas region, however the tools and resources provided can be applied anywhere in the United States.
For more information about free training for business journalists, please visit businessjournalism.org.
[MOST SOLD]Unbound: How Inequality Constricts Our Economy and What We Can Do ...gaxevepe
From one of Washington's most influential voices on economic policy, a lively and original argument that reducing inequality is not just fair but also key to delivering broadly shared economic growth and stability.Do we have to choose between equality and prosperity? Many think that reducing economic inequality would require such heavy-handed interference with market forces that it would stifle economic growth. Heather Boushey, one of Washington's most influential economic voices, insists nothing could be further from the truth. Presenting cutting-edge economics with journalistic verve, she shows how rising inequality has become a drag on growth and an impediment to a competitive US marketplace for employers and employees alike.Boushey argues that inequality undermines growth in three ways. It obstructs the supply of talent, ideas, and capital as wealthy families monopolize the best educational, social, and economic opportunities. It also subverts private competition and public investment. Powerful corporations muscle competitors out of business, in the process costing consumers, suppressing wages, and hobbling innovation, while governments underfund key public goods that make the American Dream possible, from schools to transportation infrastructure to information and communication technology networks. Finally, it distorts consumer demand as stagnant wages and meager workplace benefits rob ordinary people of buying power and pushes the economy toward financial instability.Boushey makes this case with a clear, accessible tour of the best of contemporary economic research, while also injecting a passion for her subject gained through years of research into the economics of work-life conflict and policy work in the trenches of federal government. Unbound exposes deep problems in the US economy, but its conclusion is optimistic. We can preserve the best of our nation's economic and political traditions, and improve on them, by pursuing policies that reduce inequality--and by doing so, boost broadly shared economic growth.
Economist Intelligence Unit (EIU) white paper produced at the height of the financial crisis in January 2009 outlining the opportunities to learn from the downturn and best practice to success in a changing environment.
French presidential elections showed a strong following for anti-eurozone candidates, and even stronger for anti-austerity only EU/ECB policy.
This will have consequences for th futre of the euro in a context where the Europe is heading back in recession and Spain is in deep trouble. France is also facing very strong social and economic challenges ahead.
Basic "how-to" for marketing research.
What is marketing research, why is it important, what are the key elements and where can you find good resources and information. Developed to be taught to patrons - educational on market research concepts but also included some bibliograhic instruction.
Manufacturing is an integral
part of the Illinois economy.
While it accounts for 12.1% of
the State’s GDP and 7.8% of
total employment, it also
impacts many other sectors of
the economy.
Manufacturers also spend
millions of dollars on goods
and services from local
suppliers, which in turn
supports addiƟonal jobs and
business sales. In addiƟon,
manufacturing workers, as well
as the employees of related
suppliers, spend their earnings
on food, housing,
ransportaƟon, healthcare,
entertainment, and other
consumer goods in their
communiƟes.
When these factors are taken
into account, manufacturing
contributes 24.7% of Illinois’
total GDP and supports one in
five jobs.
Retailing in India is still evolving and the sector is witnessing a series of experiments across the country with new formats being tested out. Ex. Quasi-mall, sub-urban discount stores, Cash and carry etc
Buying Local, Why Its Important to our EconomyRose Molz
It\’s a movement, buying locally, and we should all be on the train. (Well, we can\’t get on the train because it got squashed, but we can get still get on the bus.) There\’s so much more to buying locally than the fact that it makes us feel good. It just makes good business sense for our economy. This presentation was prepared for the office products industry, but regardless of what industry your business is in, you can benefit from it by understanding the exponential numbers. (Presentation developed by Advantage Marketing Wholesalers)
With eCommerce growth expected to slow, down 13% from 14.3% in 2018 to 12.4% this year we wanted to determine if there were regional/demographic/behavioral differences.
Leadership Chapel Hill-Carrboro (Leadership) is an extensive program designed to inform, develop, connect, and engage committed and emerging leaders in Greater Chapel Hill-Carrboro.
This presentation was delivered during Leadership 2022, Session #8 on Economic and Community Development.
1. Improving the quality of life of the Greater Owensboro region Rotary Club August 4, 2010
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4. External Markets Base Other Income The Classic Economy Is Faltering Local Natural Resources decline as they become depleted or substitution occurs Agriculture is often competing with mega-farms and is more commodity oriented with lower margins Retail is becoming less “local” asManufacturing declines with global competition, decreased demand and a more service oriented economy big box stores replace local merchants and locally procured goods and services Tourism attractions can lose their appeal as leisure trends change Ultimately, fewer “exports” means less revenue coming back to circulate in the local economy Source: Consumers Energy Economic Development Agriculture Mfg Tourism Natural Resources $ $ $ $ Housing Services Retail Gov’t
5. Mfg External Markets Base Other Income E-commerce can further bolster the local economy by selling goods and services to external markets Traditional base economy sectors look to niche products and services to better differentiate what they offer More and more economic activity is oriented to external markets to sustain and grow the local economy Middle Emergence of a “middle economy” where traditional sectors of the local economy “cross the line” to appeal to traditional external markets Local Natural Resources Tourism Agriculture The New Regional Economy Source: Consumers Energy Economic Development Gov’t E-commerce Retail Housing Services
These next three slides were created by Allan Hooper of Consumers Energy Economic Development in Michigan. In the classic regional economy, s ectors in the “base” economy sell goods and services to external markets . These goods and services traditionally included natural resources, agriculture, manufacturing, and tourism. SC = textile mills Revenue from these “exports” returns to a “local” economy as: payments to suppliers wages to employees profits to business Once in the “local” economy, money circulates to: pay mortgages pay taxes buy local goods and services Other sources of income also contribute to the “local” economy Government Jobs Transfer Payments (Transfer payments are made by the U.S. Federal Government to individuals through programs such as Social Security, Welfare and Veteran's benefits.) Retirement Savings/Pensions
But the classic economy is faltering. There are several reasons for this: Natural Resources decline as they become depleted or substitution occurs Tourism attractions can lose their appeal as leisure trends change Manufacturing declines with global competition, decreased demand and a more service oriented economy Agriculture is often competing with mega-farms and is more commodity oriented with lower margins Retail is becoming less “local” as big box stores replace local merchants and locally procured goods and services Ultimately, fewer exports outside the region means less revenue coming back to circulate in the local economy
A new regional economy is replacing the classic model. Traditional base economy sectors are still important, but are looking to niche products and services to better differentiate what they offer Emergence of a “middle economy” where traditional sectors of the local economy “cross the line” to appeal to traditional external markets E-commerce can further bolster the local economy by selling goods and services to external markets More and more local economic activity is oriented to external markets to sustain and grow the local economy