Category: News

There’s been a lot of talk recently about immigration and the impact it has on our economy. Many people are in favor of tightening restrictions on who is allowed to enter the country, but I think there’s a lot to be gained by opening our doors to more skilled immigrants. Skilled immigrant workers could help…

  The following is clipped from the Austin Business Journal:  Site selectors and economic development experts said the brutal weather conditions that Texans experienced earlier this month likely won’t pose a threat, at least in the short term, to Austin’s growing reputation as a magnet for business. But there could be a long-term impact if…

It’s a good thing that being the Live Musical Capital of the world is not the only trait that a wonderful city like Austin is known for globally. Tech hubs, like ours, are in a far better position to mitigate the effects of a COVID-19 induced recession. As forecasts proliferate, it’s not necessarily true that…

Last week, schools closing was an unprecedented measure to tackle the pandemic. This week, service industry businesses such as restaurants, bars, movie theaters,  gyms, and more have followed suit. So far, 19 states have imposed seemingly extraordinary regulations in order to prevent the spread of COVID-19. Cities in states that have not issued regulations are…

Why perform an economic impact study? It’s common to find economic impact studies for events, corporations, and industries. The scope of work for these are vast – popular concerts, university sports, Texas tourism, Austin’s park and recreation system, and so forth. Why are these so often pursued? Over the last few weeks, our recent blog…

In 2018, C3 Presents retained AngelouEconomics to assess the economic contributions of the Voodoo Music + Arts Experience to New Orleans. It has hosted over 2,000 artists and one million attendees since its creation in 2000. Popular artists in 2019 included Guns N’ Roses, Post Malone, Brandi Carlile, The National, Interpol, and more. Just in…

AngelouEconomics began assessing the economic contributions of the Lollapalooza Music Festival to Chicago in 2010. The festival spans over four days and remains a significant event for locals, domestic travelers, and international voyagers alike. Popular acts in 2019 included Ariana Grande, The Strokes, Twenty One Pilots, Flume, Kasey Musgraves, and more. Since 2010, Lollapalooza has…

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,…

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…