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Livingston Survey Forecasters Predict Steady Growth and Lower Unemployment (Dec. 2014)

12.12.2014

The Livingston Survey which began in 1946 is the oldest continuous survey of economists’ expectations.  The Federal Reserve Bank of Philadelphia has released results from the  December survey.  Bob Chase, senior economist at EPR has been a member of the Livingston Survey since the early 1990s. 

Forecasters in the December survey project that the economy’s output (real GDP) will grow at an annual rate of 3.1 percent for the second half of 2014 and output will grow at 2.9 percent in the first half of 2015.  Forecasters see the unemployment rate falling next  year from 5.7 percent in December 2014 to 5.4 percent in December 2015. 

Go to Federal Reserve Bank of Philadelphia for further information and results: http://www.phil.frb.org/research-and-data/real-time-center/livingston-survey/index.cfm


BLS Releases November Employment Data (Dec. 2014)

12.05.2014

The BLS announced another month of job gains for the United States in November, with nonfarm payroll  employment increasing by 321,000.  The unemployment rate remained at 5.8%.  The number of long term unemployed did not change significantly.  In another positive, nonfarm employment for September was revised up from 256,000 to 271,000, and for October was revised up from 214,000 to 243,000. check out the full BLS release  here:

http://www.bls.gov/news.release/pdf/empsit.pdf


Panel Presentation: Inaugural Vermont Development Conference (Dec. 2014)

12.04.2014

On November 4, 2014, Jeffrey Carr of EPR participated in a panel discussion of the “Meet the Lenders” panel at Vermont’s First Development Conference held at the Double Tree Conference Center in South Burlington.  Mr. Carr presented an overview of the U.S. and Vermont Economic Outlook for 2015 for attendees.


2014 Tax Seminar (Dec. 2014)

12.04.2014

On December 4, 2014, Jeffrey Carr of EPR presented the 2015 Economic Outlook for the Vermont Economy at the 2014 Annual Vermont Tax Seminar at the Double Tree Conference Center in South Burlington, Vermont.         


Third Quarter VBR/EPR Business Conditions Survey Coming Soon (Dec. 2014)

12.03.2014

Tis the Season…  For the Third Quarter 2014 VBR/EPR Business Conditions Survey!  The Business Conditions Survey is conducted in partnership between the Vermont Business Roundtable and Economic & Policy Resources.  The nine question survey of the 97 members of the Vermont Business Roundtable captures a glimpse of how Vermont business leaders see the state economy.  The survey asks business leaders how their businesses have fared in the recent past and how they view the future.  Sentiments regarding the current and expected business climate and the expected impact on hiring and investing decisions are also surveyed.   Included in the standard survey is a question asking roundtable members for opinions on a current debate in public policy.   Along with providing a snapshot of the Vermont business climate, the survey allows Vermonters to see how these markers change over time.  Look for the VBR-EPR Business Conditions Survey to come out soon in early December.  In the meantime you can see the results of the previous survey at:

 http://blog.vtroundtable.org/in-the-news/vbr-epr-release-2qtr-business-conditions-survey-findings/

You can watch EPR’s Amanda Wassel talk about the second quarter survey on CCTV channel 17:

http://www.cctv.org/watch-tv/programs/vbrepr-business-conditions-survey-2nd-quarter-2014

And look here this weekend to watch Amanda talk about the new third quarter survey, and see air times for local TV:

http://www.cctv.org/watch-tv/programs/vbrepr-business-conditions-survey-3rd-quarter-2014


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