Anirban Basu

Host, Morning Economic Report

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants.  Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate.  Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes.  Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.

He is the author of numerous regional publications including the Mid-Atlantic Economic Quarterly and Outlook Maryland and is routinely asked to contribute to local media, including on his radio show on WTMD, 89.7 FM/Baltimore and here on WYPR's Morning Economic Forecast.  Anirban completed his graduate work in mathematical economics at the University of Maryland.  He earned a Masters in Public Policy from Harvard University in 1992. His Bachelors in Foreign Service is from Georgetown University and was earned in 1990.  He is currently working toward his J.D. at the University of Maryland, Baltimore.

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The Morning Economic Report
1:13 pm
Fri July 17, 2015

Falling Delinquency Rates - 7/17/15

As a reflection of a stronger housing market and improving economy, fewer Americans are falling behind on their home loans according to the American Bankers Association.  Newly available data on two types of home equity loans indicate that delinquency rates have dropped to their lowest levels since two thousand and eight.  The report defines a delinquency as a late payment that is thirty days or more overdue.  While falling delinquency rates are good news, they remain above historic norms. 

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The Morning Economic Report
7:40 am
Thu July 16, 2015

Education of Immigrants - 7/16/15

The face of immigration is changing in America.  Labor economists Borjas and Katz argue that immigration between nineteen eighty and two thousand had its largest and most negative economic impacts on high school dropouts in the U.S. because many of the immigrants during that period were themselves predominantly high school dropouts. 

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The Morning Economic Report
8:23 am
Wed July 15, 2015

Self-Employment in America - 7/15/15

Many stories have emerged recently indicating that increasingly we are a nation of freelancers participating in the sharing economy.  The stories indicate that more Americans are deriving their incomes from self-employment by serving as Uber drivers or managing properties rented through Airbnb or other sites.

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The Morning Economic Report
8:12 am
Tue July 14, 2015

Declining Labor Force - 7/14/15

The size of America’s labor force declined last month.  The labor force includes both people who are working or actively searching for employment.  Though payrolls rose at a healthy pace, four hundred and thirty two thousand people left the workforce.  That sent the participation rate to its lowest level since October nineteen seventy seven. 

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The Morning Economic Report
9:16 am
Mon July 13, 2015

A Closer Look at the June Jobs Report - 7/13/15

At first blush, the nation’s most recent jobs report looks pretty good.  The nation added an estimated two hundred and twenty three thousand jobs in June, a decent reading.  The unemployment rate dipped to five point three percent, the lowest rate since April two thousand and eight.  The recession had begun by then, but wouldn’t become severe for another five months. 

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