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.

Pages

The Morning Economic Report
5:14 pm
Wed March 19, 2014

Minimum Wage and Gender - 3/19/14

Debate regarding local and national minimum wages rages on.  A recent article authored by economist Laura D’Andrea Tyson, a professor at the University of California, Berkeley and a key policy advisor to the Clinton Administration puts a different twist on the discussion. 

Read more
The Morning Economic Report
5:06 pm
Wed March 19, 2014

College Degrees and Employment - 3/18/14

A recent Federal Reserve Bank of New York study provides additional evidence regarding the rampant underemployment of recent college graduates.  Among other things, the study determined that the share of Americans ages 22 to 27 with at least a bachelor’s degree who were in jobs that don’t require a college degree was 44 percent in 2012.  That’s up from 34 percent in 2001, a year during which the U.S. was in recession. 

Read more
The Morning Economic Report
5:30 am
Mon March 17, 2014

Days Off Deficit - 3/17/14

A new report issued by the U.S. Travel Association makes the claim that there is a days off deficit in America.  If people would simply use more of their paid leave, America’s economy would benefit. 

Read more
The Morning Economic Report
5:30 am
Fri March 14, 2014

African Economics - 3/14/14

In many ways, sub-Saharan Africa is still poor.  Despite the fact that many of the nation’s fastest growing economies are located in Africa, gross national income there averages just $2,232 per capita.  By contrast, gross national income in the U.S., which is a measure distinct from gross national product, is in the range of $50,000 per person. 

Read more
The Morning Economic Report
5:30 am
Thu March 13, 2014

Graduation Rates - 3/13/14

An analysis conducted by John Bound of the University of Michigan and Sarah Turner at the University of Virginia tracks college education through the latter half of the 20th century.  The two analysts found that when states are home to large college age populations, public spending per student declines and graduation rates suffer.  In other words, when there are many young people between the ages of 18 and 22, investment in each student falls. 

Read more
The Morning Economic Report
8:24 am
Wed March 12, 2014

Regional Airlines - 3/12/14

Even in the face of still high unemployment nationally, there appear to be a growing number of industries reporting skills shortages, including construction, manufacturing and cyber-security.  Another shortage has emerged among regional airlines, which are facing deeper and more widespread pilot shortages as reported in the Wall Street Journal. 

Read more
The Morning Economic Report
5:30 am
Tue March 11, 2014

Increased Consumer Spending - 3/11/14

According to an analysis by Moody’s Analytics, American consumers are poised to increase their spending.  After years of holding back, there is pent-up demand for many goods and services.  Household balance sheets have improved as many have refinanced mortgages and paid down total debt.  Employment gains nationally have been in the range of 1.7 percent per year for the last two years, with the nation adding not quite 200,000 jobs per month last year.  

Read more
The Morning Economic Report
9:20 am
Mon March 10, 2014

State Economies - 3/10/14

An analysis by Haver Analytics summarizes the extent to which various state economies have recovered from the Great Recession.  Three indicators were used to compile the rankings.  

First, the analysis considers employment gains or losses in each state.  Second, the analysis focuses upon home prices.  Finally, the analysis considers highway miles driven, both a reflection of how many people are driving to work each day and how much merchandise is being shipped to stores. 

Read more
The Morning Economic Report
5:25 am
Fri March 7, 2014

Healthcare - 3/7/14

For decades, American policymakers have felt that too much of the nation’s economy was tied to healthcare.  After all, the US spends much more on healthcare than other countries.  The goal among many has been to reduce outlays tied to healthcare, with the logic being that diminished healthcare expenditures would free up resources for other parts of the economy. 

Read more
The Morning Economic Report
5:25 am
Thu March 6, 2014

Poor Air Quality In China - 3/6/14

There has been much discussion worldwide regarding poor air quality in China.  The Chinese government is also concerned, and Chinese officials recently announced that they were offering a total of 10 billion renminbi, or $1.65 billion to cities and regions that make significant progress in air pollution control this year.

Read more

Pages