The national base realignment and closure program (BRAC) is transforming the Aberdeen Proving Ground into a major center for high tech research and development. Employment at Aberdeen will hit about 22,000 by late 2011. The bulk of these employees will be civilians in occupations such as computer sc...Read More
Will the tremendous expansion at the Aberdeen Proving Grounds impact Delawares economy?
Delaware state tax revenue has consistently hovered around 5.5% of gross state output. The bottom line is that citizens and businesses are creative and find ways to limit the total government takes out of their pockets.
Given two very different decades of performance, how do we expect employment in Delaware to perform in the coming years?
The significant drop in Delaware manufacturing jobs over recent decades is a result of competitive market forces in the face of which goverrnment subsidies would have had no lasting effect.
This is a poor time to experiment with new energy regulations such as the RPS (Renewable Energy Portfolio Standards). The stark reality is that Delaware’s economy is in very serious straits. Delaware has fewer jobs today than it did a decade ago. Over that decade unemployment has gone from 3.3...Read More
Despite absorbing some blows, manufacturing in Delaware has survived and it appears that better days are ahead. Over the past two decades Delaware manufacturing employment has plummeted from 48,000 to 26,000, an astounding decline of over 40%. Scanning the landscape, Delaware no longer has an autom...Read More
Highly skilled immigrants to the United States (“HSIs”) have helped catalyze American economic growth and advances in human welfare by generating knowledge and innovations that have spawned new products, services, systems, jobs, and wealth. A number of studies document that HSIs are ...Read More
The sales tax in Pennsylvania is a hefty 6%, while because of the gross receipts tax, the perception is that the sales tax in Delaware is zero. How much of an impact does this have on retail trade in Delaware? The chart within the full article compares retail sales per $1,000 of residenti...Read More
According to Gaming & Resort Development, national casino and racino revenue has emerged from the recession losses to post a modest 1% gain in 2010. Delaware’s racino revenue rose 1.5%. The combination of the recession and the growth in gaming revenue in Pennsylvania and Maryland has drop...Read More