Tag Archives: economic impacts

A Keynesian Christmas

A little economic humor for the holidays…

Next webinar up: The Economic Outlook for the Green Industry in 2013

In this webinar, Dr. Charlie Hall will provide projections for the economy in 2013 and how the economy will impact the green industry next year. Special post-election commentary will forecast what effects might be expected given the so-called fiscal cliff that is looming. Title: “The Economic Outlook for the Green Industry in 2012” Date: Thursday, November 15, 2012 Time: 11:00 AM – 11:45 AM CST Register now by clicking the link below: https://www1.gotomeeting.com/register/607656176 After registering you will receive a confirmation email containing information about joining the Webinar. System… Read More →

2010 Wholesale Value of Floriculture Crops Increased 3 Percent

The 2010 wholesale value of floriculture crops is up 3 percent from the revised 2009 valuation. The total crop value at wholesale for the 15-State program for all growers with $10,000 or more in sales is estimated at $4.13 billion for 2010, compared with $4.00 billion for 2009. California continues to be the leading State with crops valued at $1.01 billion, up 8 percent from the 2009 value. Florida, the next largest producer is down 1 percent from the prior year to $810 million in wholesale value. These… Read More →

Which countries match the GDP and population of America’s states?

The Economist’s online edition has an interactive map with the actual numbers, as well as an option to look at population rather than GDP. Talk about a perspective changer!

Value of Home Gardening

Findings from the National Gardening Association’s (NGA) new survey, The Impact of Home and Community Gardening in America, confirm that food gardening in the U.S. is on the rise. Seven million more households plan to grow their own fruits, vegetables, herbs, or berries in 2009 than in 2008 — a 19 percent increase in participation. This anticipated increase is nearly double the 10 percent growth in vegetable gardening from 2007 to 2008 and reflects the number of new food gardeners emerging this year. More Americans are recognizing the… Read More →

Gas prices actually do influence driving behavior

The chart below shows the annual vehicle traffic volume, measured in billions of miles traveled in the U.S., on a moving 12-month basis through February 2008 from the Federal Highway Administration. The flat trend in traffic volume over the last year or more, along with the declines in each of the last four months through February 2008, appears to be the most significant adjustment to traffic volume in any comparable period during the last 25 years. High gas prices appear to be having an effect on driving habits…. Read More →

Gas tax holiday is NOT the answer

In case you’re wondering where I stand on the proposed proposed gasoline tax holiday, it would save the average individual motorist a grand total of $28 this summer, but would result in $9 billion in lost tax revenues which would be mostly targeted for infrastructure needs. This is a politically motivated move, not a well-thought-out economic decision. Enough said. Data source: American Association of State Highway and Transportation Officials

Don't throw in the towel just yet

Media stories abound with tales of economic hardship. These for the most part have elements of truth, but keep in mind when you read the news that at any time it’s possible to find people in hardship. To know whether you are seeing a trend of just an unfortunate blip, you have to look at the data. Today’s data is: (1) bad but expected, (2) bad but not as bad as expected, and (3) so-so. Let’s start with bad but expected:New housing construction continues to fade. Bad news,… Read More →

Will the real trade issues please stand up?

President Bush said Monday that a trade agreement with Colombia is “dead” unless House Democrats agree to hold a vote on the pact, effectively admitting defeat on a White House priority. The standoff over Colombia began last week, after Bush submitted the trade agreement to Congress and urged lawmakers to approve it within the normal deadline of 90 legislative days. The Democrat-controlled House then voted to postpone the decision indefinitely, saying the pact does not provide enough protections for workers. As projected, this has spiraled into a political… Read More →

Economic Damages from Drought in Southeast

So far, 35,000 out of the 79,000 green-industry employees in Georgia have lost their jobs, with another 30,000 in jeopardy of losing their jobs due to the historic drought. “The only ones left are pretty much the owners and their families,” said Sherry Loudermilk, exec. dir. of Ga. Green Industry Assoc. The industry in Georgia lost $3.15 billion in 2007 alone. Loudermilk has some suggestions about how the national green industry can help. GMPRO editor David Kuack also reports on how the Southeast drought is putting a big… Read More →