The Morning Economic Report

Monday-Friday at 7:33 am

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. 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.

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The Morning Economic Report
8:20 am
Tue July 21, 2015

Expectations for the Future Global Economy - 7/21/15

Coming into the year, the International Monetary Fund and a number of other global organizations indicated reasonably high hopes for the global economy.  However, sovereign debt issues plaguing Europe, softer economic growth than is normal in China and a weak start to the year in the U.S. have conspired to ratchet down expectations. 

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The Morning Economic Report
10:07 am
Mon July 20, 2015

Average Home Values in Maryland Down in May - 7/20/15

In much of the nation, home prices are rising.  However, data from certain sources indicate that that is not the case in Maryland.  According to real estate firm CoreLogic and as reported in the Baltimore Business Journal, average home values in Maryland this May were down one point five percent from a year earlier. 

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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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