Economy Still Recovering from Frigid Winter

by Anirban Basu 8. August 2014
The winter of 2013/14 was brutal. Construction starts were delayed. Merchandise sat idly at ports. Consumers stayed indoors and local government budgets were hammered by snow removal costs. For roughly three months, forward economic momentum was stymied. According to the Bureau of Economic Analysis, the U.S. economy contracted at a 2.9 percent pace during the year’s initial quarter. For a time, economists debated whether or not first quarter weakness was attributable to the weather or... [More]

Maryland's 2012 Economic Outlook with Anirban Basu

by Anirban Basu 18. January 2012
Anirban Basu Chairman & CEO of Sage Policy Group, Inc Maryland Gained Momentum Late Last Year For much of last year, Maryland’s economic performance was among the worst in the nation. For instance, year-over-year job growth in the state was in negative territory or close to zero for most of the summer. But like the balance of the nation, economic performance began to materially improve toward the tail end of the year. For the 12 months ending in November 2011, employment in the Free S... [More]


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