Center for Analysis of Delaware's Economy & Government Spending


Center for Analysis of Delaware's Economy & Government Spending

The Center's mission is critically important to Delaware because state policies continue to be an unfortunate catalyst for the clear decline of Delaware’s economy for far too long. For instance…
 
  • Over the past 20 years, Delaware’s per capita income has gone from the highest in the nation to below the national average.
 
  • According to the Delaware Department of Labor, employment is projected to grow at only 0.5% over the next decade, thereby trailing most of the nation.
 
  • Since 2009, Delaware has had five recessions compared to one in the rest of the country.
 
  • Including the variable Gross Receipts Tax, small business owners in Delaware often pay the highest personal income tax rates in America. 
 
In partnership with other like-minded Delaware organizations, the primary goals of this Center are to develop bi-partisan strategies and alternative policy options that will bring transparencyregulatory reform, and improved effectiveness to the tens of billions of dollars spent by the State every year.
# # #
 

Please download pdf to view survey. 
PDF Doc

Please download pdf to view survey. 
PDF Doc

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 d...

Read More

Delaware Piles on the Regulations By Dr. John Stapleford Center for Economic Policy and Analysis ...

Read More

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 sou...

Read More

The U.S. Economic Development Administration (EDA) maintains “Stats America” with profile data on each state. How has Delaware been performing according to the EDA?   Real Gross Domestic Product (GDP):&nb...

Read More

(CHART SOURCE: Delaware Department of Education) ...

Read More

Per capita (per person) personal income is one important measure of the economic well being of a society. In 2002 Delaware per capita income was 18% above the nation (see chart below).   It has been downhill since th...

Read More

As shown in the chart below, since 1990 growth in total employment in Delaware kept pace with the nation until the 2007-08 recession. From that point onward the growth in Delaware employment has lagged the nation and the gap between the tw...

Read More

Delaware, like the nation, has experimented with two approaches to governance. Governor Pete DuPont believed that lower taxes and deregulation encouraged entrepreneurship and hard work. Governors Markell and Carney believe that government spending and regulations hold the key to a fair and prosper...

Read More
PDF Doc