Author: Angelou Economics
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ACL Festival Brings Record Economic Impact Numbers
Since 2009, AngelouEconomics has partnered with C3 Presents to assess the economic contributions of the Austin City Limits Music Festival to Austin. Beginning originally as a two-day event, the festival has now extended to a total of 6 days – three days over two weekends. Popular acts in 2019 included Guns N’ Roses, The Cure,…
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US Jobs Report December 2019
The Bureau of Labor Statistics released the December 2019 US jobs data on January 10th. Here is the summary: Total non-farm payroll employment increased by 145,000 in December, and the unemployment rate remained at 3.5% Notable job gains occurred in retail trade (+41,000 jobs) and health care (+28,000) Other job updates include leisure and hospitality…
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Tying Together the Texas Economy and Environment
What are the economic impacts of natural disasters to agriculture and local water supplies? How do we effectively measure and compare these impacts to previous years? How can we best tackle these trends? These questions have been debated heavily as weather patterns change in extremity and regularity. Texas, who faced the first major hurricane to…
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Neolocalism: What? Why? Why Care?
“No one goes there nowadays, it’s too crowded.” ~ Yogi Berra While the term neolocalism may be unfamiliar to some readers, all readers are familiar with the effects of neolocalism. Once limited to niche group of adventurers and tourists seeking the off the beaten path experience, millennials now drive the demand for an increasingly localized…
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New Urbanism and Gentrification and Millennials, Oh My!
The 27th Congress for the New Urbanism, held this summer in Louisville, KY, provides the AE staff with an opportunity to explore living patterns. Terms like new urbanism and gentrification become synonymous with one of America’s most misunderstood and misrepresented groups: millennials. To unpack these terms, let’s start with gentrification. Gentrification is a revitalization effort.…
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City Guide to Wooing Tech Millennials
The 75-million-person generational group born between 1981 and 1997, considered the most coveted talent pool in today’s labor market, are on the move. No metro area in the United States has witnessed this more explicitly than Colorado Springs, Colorado, which saw a 14.7% increase in their young adult population between 2010 and 2015. This is…
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You should eat fast food!
Written By: Maurice Ondoy Project Contributor at AngelouEconomics | Did you realize the Economic Impact of Fast Food Restaurants in the U.S? With the average American eating three hamburgers and four orders of fries in a single week, the fast food industry is more than our country’s scapegoat for obesity. On average, one in every…
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ISM Manufacturing Index July 2018
Written By: Judy Ponio Project Contributor at AngelouEconomics | Did you realize the Economic Impact of Manufacturing? The Institute of Supply Management has released its Manufacturing Index Report for the month of July 2018. Below is a summary of their findings: PMI (Project Management Institute) dropped to 58.1% from June’s recorded reading of 60.2%, still…
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US Jobs Report: July 2018
The Bureau of Labor Statistics released US jobs data for July 2018 on August 3. The jobs data in the United States was mixed and here is the summary of the July 2018 Jobs Report: The majority of the jobs created in July 2018 were in high-paying sectors, which includes professional and business services with…
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The Economic Impact of Trump’s Tariffs
Written by Christopher Dang, Economic Development Research Intern | What is the real impact of Trump’s Tariffs? In the name of national defense, President Trump has threatened the world with heavy tariffs and his adamant stance on enforcing tariffs has been stirring controversy across the nation. Although Trump’s suggestion that tariffs will be the solution…