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 transparency, regulatory reform, and improved effectiveness to the tens of billions of dollars spent by the State every year.
In a May 2012 report the Institute for Justice ranked all the states with regards to barriers to entry to low- and moderate-income occupations. Delaware had the 42nd most burdensome licensing laws and was the 25th most extensively and onerously licensed state. The report documents the license requir...
Since Delaware has had 15 consecutive years of conservative governors followed by 18 years of progressive governors, it is an interesting case study. Do the differences in the governance philosophies have consequences for Delaware’s economy?
A simple answer to this question is to ...
The April, 2012 labor market data for Delaware has just been released and the numbers are not encouraging. Compared to April of 2008, four years ago, total employment in Delaware is down by 20,000. Construction jobs are down 40%, manufacturing off 22%, and finance jobs down 6%. Government, of course...