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.
 

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...

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The return to the pre-recession peak level of jobs in Delaware will be a slow process.
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Over the past five fiscal years the operating budget of the Delaware Department of Transportation (DELDOT) has grown 18% while inflation rose 7%. So, DELDOT has been living large, yet the winners and losers inside the Department are curious.   The big winner with a 45% budget increase over th...

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Delaware’s export patterns indicate that Delaware’s economy, as with the rest of the nation, is increasingly reliant on the production of technologically sophisticated products, such as pharmaceuticals. Delaware’s potential for job growth depends upon its ability to provide hi...

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Is a $2.4 million grant to CIGNA an appropriate use of state funds?
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Thanks to no sales tax and low property taxes, Delaware has a competitive business tax climate.
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Over time increases in Delawares state and local government tax burden reduces the growth of total employment in the First State.
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Regardless of what happens in coming months in the national economy, Delaware will avoid a double dip.
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The latest Fraser Institute ranking places Delaware number one among the states in economic freedom.
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The Daliy Beast reports that Delaware is over the top on state government debt.
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