Unfortunately, COVID-19 is well into its second year of affecting supply chains, prices and product availability around the world. Global trade plays an extremely important role in product availability and pricing with supply chains playing a crucial role in both. In 2020 the COVID pandemic had a significant, negative impact on global trade and supply […]
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The rate of inflation in the United States is generally measured by the change in the Consumer Price Index (CPI), which is a weighted average of prices for a basket of consumer goods and services, including transportation, food, and medical care. The U.S. Bureau of Labor Statistics reports the change in the CPI each month. […]
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This article was originally a part of the Center for Business and Economic Insight Spring 2021 Presentation. The United States is emerging from one of the most challenging and unique economic periods in its history. This challenging economic period was different from others. The economic downturn wasn’t the result of financial market problems or other […]
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by Greg Wright, M.A., executive director at CREATE Portage Countyand UWSP Professor of Economics Jason R. Davis, Ph.D. This article was originally a part of the Center for Business and Economic Insight Spring 2021 Presentation. Regional economic development has traditionally focused on using tax incentives to attract businesses and create jobs while leveraging strong public […]
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Looking to the Future The Center for Business and Economic Insight staff is looking forward to getting back to normal and that means reviving our bi-annual face-to-face breakfast meetings and physical publications, starting this December! As we look to the future, Chief Analyst Kevin Bahr provides needed context in The Economy–Where We’ve Been and Where […]
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The American Rescue Plan has been signed into law by President Biden. To obtain passage by both the House and Senate, the Act was modified from what was initially proposed by the Biden Administration. The modifications include lower income limits for stimulus eligibility and the elimination of any increase in the minimum wage. This blog […]
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Another topic that generally gets discussed a lot in economics (and politics) is corporate taxes. It’s also one of the more complex subjects, because it is not always easy to determine what a company actually pays in taxes. It can be done, but it’s not necessarily easy. The primary objective of this blog is to […]
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The minimum wage has been in the news recently, primarily due to the proposed phase-in of a $15 minimum wage as part of President Biden’s American Rescue Plan. The primary purpose of this blog is to shed some light on the history of the minimum wage, including the changes in the minimum wage since its […]
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A share of stock represents part ownership in a company. Theoretically, the price of the stock should reflect the underlying value of the company. In finance courses, that value is determined by calculating the present value of expected future cash flows from the company. Think of it this way, if you were actually going to […]
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President Joe Biden has unveiled his $1.9 trillion American Rescue Plan, which would be the third major economic stimulus plan in response to the detrimental impacts of COVID-19. In March 2020, the largest fiscal stimulus in the history of the U.S. was passed by Congress – the $2 trillion Coronavirus Aid, Relief, and Economic Security […]
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