The America’s 400th Anniversary: Jamestown 2007 Commemoration was a series of events spanning 18 months, highlighting the 400th anniversary of Jamestown’s establishment as the first permanent English settlement in North America. The Commemoration activities were coordinated by Jamestown 2007, a sub-agency of the Jamestown- Yorktown Foundation. The series of events included 13 Signature Event...

The United States has been experiencing an exceptional period of expansion while much of the rest of the world has been recovering from a series of tumultuous financial crises that began just over two years ago. In July 1997, under pressure from huge outflows of foreign currency, Thailand was forced to float its exchange rate and allow the baht to tumble rapidly against the dollar. The dev...

Ohio took a bold step in 2007 and collected a lump sum of $5.05 billion by selling bonds against an estimated $18 billion in tobacco payments over the coming 40 years. This marks a departure from previous use of the tobacco settlement money, but given the time and place, it’s a shot in the arm for a state economy in need of perking up.

The Thomas Jefferson Institute for Public Policy The Thomas Jefferson Institute for Public Policy is proud to present its ninth annual report on the economy of the United States and Virginia. It is part of the foundation’s efforts to offer well-researched studies for our state leaders to assist them in better preparing for the future. This year’s annual Virginia Economic Forecast was agai...

This study benefits from previous analysis that was sponsored by Virginia’s Center for Innovative Technology concerning the growing high-tech industry in Virginia. For example, Pearson and Kulas (1997) found that between 1991 and 1996, employment at high-tech industries in Virginia grew at a slightly slower rate than that of all industries, but wages and salaries paid to high-tech workers w...

This report updates a study on the benefits of low cost carriers (LCC) to the Richmond region, conducted by Chmura Economics & Analytics (CEA) in 2005. That study was based on a hypothetical scenario of one LCC operating at the Richmond International Airport (RIC). In that study, some broad assumptions regarding increased passenger volume and cost saving were used.

The Executive Director and Council Members of the State Council of Higher Education for Virginia (SCHEV) provide this report on the educational demand in Southside Virginia and recommendations for action. For purposes of this report, the Southside is defined as including the cities of Martinsville, Danville, and South Boston and the counties of Henry, Pittsylvania, Patrick, and Franklin.

The competitive environment between banks and credit unions has changed significantly since the first credit unions were formed in the early 1900s. The earliest credit unions started as small groups of people who were associated by a common bond such as the neighborhood in which they lived or a church they attended. Many of these individuals were unable to obtain loans from financial institut...

A feature article from Virginia Economic Trends - a publication of Chmura Economics & Analytics. Sponsored by Northrop Grumman.