Solar power is a viable energy source for the nation, and its use is rapidly growing in the U.S. as federal incentives—similar to those that helped other energy markets to develop—are put in place. That is the message of “Assessment of Incentives and Employment Impacts of Solar Industry Deployment,” a report commissioned by the Solar Energy Industry Association. The Howard H. Baker Jr. Center for Public Policy administered funding for the research and the report.
Matt Murray News
How can we make it easier and more affordable to use solar power in our homes? UT Knoxville is part of a national effort to find out. The Howard H. Baker Jr. Center for Public Policy is participating in the US Department of Energy’s Rooftop Solar Challenge, an effort to encourage wider use of solar energy by streamlining the permitting processes, cutting red tape, and lowering the costs for rooftop solar systems.
Slowly and somewhat unsteadily, Tennessee and the U.S. are recovering from the Great Recession. That’s the cautiously optimistic prediction in the 2012 Economic Report to the Governor, released today by the Center for Business and Economic Research at UT Knoxville.
Professor Matt Murray, associate director of the Center for Business and Economic Research at UT Knoxville, has been appointed director of the Howard H. Baker Center Jr. Center for Public Policy. He will begin immediately. Murray, the Ball Corporation Professor of Business, will take the place of Carl Pierce, who has directed the center since June 2009.
Tennesseans are in for the long haul and likely won’t see significant improvements in the state’s economy until 2013. Many aspects of the economy, however, are showing some gains in the short-term, which is good news particularly in the areas of employment, personal income, sales tax, and state tax revenue, according to a UT Knoxville report released today.
The worst is over for the Tennessee economy, but it will be a long road to full recovery as virtually every measure of economic activity — from real estate to job creation to consumer spending — now remains at a very depressed level. This forecast was released today in the spring update to the 2010 Economic Report to the Governor, an annual report prepared by UT Knoxville’s Center for Business and Economic Research.
A panel of business and legal experts from UT Knoxville will discuss the current economic crisis at a program on March 24. Free and open to the public, the event will begin at 6:30 p.m. in the Toyota Auditorium at the Howard H. Baker Jr. Center for Public Policy.
It took more than two years to get into this economic mess, and it’s likely going to take more than two years from now to get out of it. Simply put, that’s the forecast in the 2010 Economic Report to the Governor, an annual report prepared by the Center for Business and Economic Research at UT Knoxville.
The economy is on the upward slope, but the climb is going to be a steep one. That’s the good news — and the bad news — described in “The Tennessee Business and Economic Outlook: Fall 2009,” a report just issued by the Center for Business and Economic Research at UT Knoxville. The report looks at both the U.S. and the Tennessee economy, and notes that the nation is recovering more quickly than the state.
In this AP story on the likelihood of American consumer spending ever returning to pre-recession levels, UT Knoxville economics professor Matt Murray says it’s not likely. “There will be a fundamental shift in the kind of cars we buy, a fundamental shift in the homes we buy, and a fundamental shift in consumption generally,” Murray says.