In spite of reduced federal spending, a global slowdown, and a conflict in Syria that has contributed to rising oil prices, the national and Tennessee economies are still growing. The growth will continue through this year and is expected to accelerate in 2014 and beyond, according to the forecast in the fall 2013 Tennessee Business and Economic Outlook released today. The study predicts the course of the state and national economies by examining many economic and fiscal factors and trends.
Matt Murray News
Former Senator Richard Lugar will be at UT Knoxville, on Tuesday, August 27, to deliver the semiannual Ashe Lecture sponsored by the Baker Center. The event will begin at 1:30 p.m. in the center’s Toyota Auditorium and is free and open to the public. Lugar was Indiana’s longest-serving congressman, serving from 1977 until this year.
UT’s Howard Baker Jr. Center for Public Policy celebrates its tenth anniversary this year with an exhibit and several high-profile speakers and events this fall. Former Senator Richard Lugar of Indiana will deliver the Ashe Lecture on August 27, and journalist and author Tom Brokaw will give the Baker Distinguished Lecture on November 13.
Matt Murray, associate director of the Center for Business and Economic Research and director of the Howard H. Baker Jr. Center for Public Policy, spoke with American Public Media’s Marketplace radio program on Tuesday about President Obama’s visit to Chattanooga later that day. An area once known for its industrial decay, global giants such as Volkswagon have brought more than 12,000 jobs to the region in the last five years.
A recent UT report shows that falling unemployment rates, an increase in vehicle sales, and a long-awaited rebound in the
Falling unemployment rates, an increase in vehicle sales, and a long-awaited rebound in the residential housing market are all indications that the national and state economies are making a comeback. Despite sequestration of federal spending and a payroll tax increase that have slowed consumer spending, the economy is poised for strong growth in both 2014 and 2015, according to the spring 2013 Tennessee Business and Economic Outlook released today by UT’s Center for Business and Economic Research.
A panel of transportation experts and economists will meet on Wednesday, April 17, to discuss “Taxes, Green Vehicles, and the Death of Tennessee Transportation.” The panel discussion will be from 6:00 to 7:30 p.m. in the Toyota Auditorium in the Baker Center. It is free and open to the public. The discussion will be moderated by Baker Scholars Eric Dixon, senior in philosophy, and Caleb Williford, senior in logistics.
Faculty, staff, students, and alumni are sharing the big ideas that make a difference in their world. Matt Murray, director of the Howard H. Baker Jr. Center for Public Policy, speaks about the big idea of the Baker Center’s Distinguished Lecture Series which kicks off for this year on April 3 with a talk by U.S. Secretary of Education, Arne Duncan.
The US and Tennessee economies continue to dig their way out from the Great Recession, but they will be digging at a slower pace this year than last. The debate over the nation’s debt ceiling, the looming risk of sequestration of federal spending, and the payroll tax increase contribute to the slowdown in predicted gains, according to the forecast in the 2013 Economic Report to the Governor of the State of Tennessee, released today.
Students and members of the community are invited to the Baker Center to watch the upcoming presidential debate and discuss it via videoconference with crowds gathered statewide. DebateWatch begins at 9:00 p.m. on Wednesday, October 3, in the Baker Center’s Toyota Auditorium, with a viewing of the first of the 2012 presidential debates, moderated by Jim Lehrer of “PBS NewsHour.”