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Don't wager on Delaware's Economy
Don't wager on Delaware's economy By Dr. John Stapleford Center for Economic Policy and Analysis The U.S. Bureau of Labor Statistics compiles data on employment, wages, and establishments by industry for each state. The wage data for Delaware tells a dismal story. Over the past ten years (2009-2019), total private industry wages in Delaware rose 40% compared to 55% across the U.S. The jobs generated in Delaware were disproportionately in lower-wage service industries. To
Dr. John E. Stapleford
Nov 17, 2020
Delaware Sales Tax, Yes or No?
By Dr. John Stapleford Center for Economic Policy and Analysis October 31, 2020 Delaware state government is facing two years of flat general tax revenue. If instituting a state sales tax becomes a legislative issue, retailers may suffer substantial non-resident sales losses. Pros vs. Cons of a sales tax? The biggest "pro" for a sales tax means that Delaware government revenues will grow at pace with inflation and the economy. The biggest "con" is that lower-income fam
Dr. John E. Stapleford
Oct 31, 2020
Can DE's beach economy take another hit after COVID?
By David T. Stevenson October 22, 2020 Delaware’s beach economy is reeling from the impact of government-imposed lockdowns to flatten the curve of new infections and hospitalizations from COVID-19. The Rehoboth/Dewey Chamber of Commerce estimated in July, resort area hotel revenue was down 35% to 50%, and restaurants were down 75%. Just 76 respondents of the 1,200 members surveyed by the Chamber estimated a revenue loss of over $200 million. At $3 billion a year, beach
David T. Stevenson
Oct 22, 2020
It's time for PHASE 3 Delaware!
By Dr. John Stapleford October 20, 2020 The U.S. Bureau of Labor Statistics (BLS) had released the " Employment Data " report by major industry through August 2020. It clearly shows that Delaware’s economy will not have a healthy recovery growth rate unless PHASE 3 gets introduced. Additionally, the data points out that DE's government (state, local, federal) has been less affected than DE's leisure and hospitality (restaurants) industries. "Delaware Total Employ
Dr. John E. Stapleford
Oct 20, 2020
Investigate Carney for Nursing Home Deaths
By David T. Stevenson October 12, 2020 Governor Carney should be added to the US Attorney General’s list of states under investigation for sending COVID-19 positive patients back to long-term care facilities. Delaware had the eleventh highest death rate from COVID-19 per 1,000 residents in long-term health care facilities for states as of September 6 th according to the US Centers for Medicare and Medicaid Services. At its peak in April and May, two-thirds of COVID-
David T. Stevenson
Oct 12, 2020
Public Comments Docket EPA-HQ-OAR-2018-0279
Review of the National Ambient Air Quality Standards for Ozone To read the public comments, please click link below...
David T. Stevenson
Sep 30, 2020
Ozone Standard Coalition Letter
Review of the National Ambient Air Quality Standards for Ozone To read the review, please click link below...
David T. Stevenson
Sep 30, 2020
Alternative High Frequency Data
Alternative High Frequency Data By Dr. John Stapleford September 30, 2020 Economic data for states and metropolitan areas are released by the Federal government with a lag of one month to two quarters. So, business economists are always hunting for more high frequency, reliable, cutting-edge indicators. Below are three sources of economic data currently popular, having daily or weekly numbers available. What do these data sources say about the current state of Delaware's
Dr. John E. Stapleford
Sep 30, 2020
Energy Lawsuit Wastes Taxpayer Money
Energy Lawsuit Wastes Taxpayer Money By David T. Stevenson September 23, 2020 Delaware's Attorney General has filed a lawsuit against conventional energy companies, including Exxon Mobil, claiming they fraudulently covered up their contribution to manmade global warming. The suit is likely to meet the same fate as a similar lawsuit in New York that simply wasted taxpayer money. The New York Times reported the state Supreme Court judge dismissed the case calling the sta
David T. Stevenson
Sep 23, 2020
US Senate Refrigerant Bill Not Cool
FOR IMMEDIATE RELEASE September 11, 2020 US Senate Refrigerant Bill Not Cool NEWARK, DE - David Stevenson, Director of the Center for Energy & Environmental Policy at the Caesar Rodney Institute, has responded to the new federal legislation that is being passed which directly ties Delaware Senator Tom Carper and Delaware based Chemours as one of the prime beneficiaries. " Excursions away from free market principles get really expensive for consumers. An energy bill p
CRI
Sep 11, 2020
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