Economy

The Katrina Index: Making a living

August 30, 2007 - From the Institute's report, Blueprint for Gulf Renewal: The Katrina Crisis and a Community Agenda for Action, released this week. Economy and Jobs Number of jobs lost in the New Orleans area since Hurricane Katrina: 118,000

Southern states hit hard by sub-prime bust

By R. Neal
August 16, 2007 - As you are probably aware, there is disturbing news in the housing markets as a result of fallout from the sub-prime lending crisis (which anyone who has been following the problem of predatory lending probably saw coming).

The South gets a pay raise

By R. Neal
July 24, 2007 - Thousands of workers in Mississippi got a pay raise today. No, the state did not pass a new minimum wage law. Nor did Tennessee, Alabama, South Carolina, or Louisiana. Instead, Congress made good on one of their "first 100 hours" pledges, and the new federal minimum wage of $5.85 per hour goes into effect as of today.

Economy of the New Old South

By R. Neal
March 22, 2007 - The 2007 State New Economy Index by the Information Technology and Innovation Foundation and the Ewing Marion Kauffman Foundation examines a number of key indicators in every state to assess their ability to compete in the emerging global economy.

Predatory lending under attack

By R. Neal
March 6, 2007 - A payday lender trade group launches a $10 million PR campaign to rehabilitate their image. In their TV commercials, they say "Please borrow only what you feel comfortable paying back when it's due."