An abnormally harsh winter led to lackluster economic growth the first quarter of 2014, but a dip in unemployment rates and expected increases in housing investments signal stronger gains for the remainder of the year. The gross domestic product is expected to increase 2.4 percent this year as a whole, compared to 1.9 percent last year, according to the spring 2014 Tennessee Business and Economic Outlook released today by UT’s Center for Business and Economic Research.
Matt Murray News
US Secretary of Energy Ernest Moniz will be on campus Friday, April 25, to provide the Baker Distinguished Lecture on Energy and the Environment and to talk about the Department of Energy and its activities in the state of Tennessee. Moniz’s lecture will begin at 3:30 p.m. in Room 132 of the College of Law. The lecture is free and open to the public.
Former US Ambassador to Pakistan Cameron Munter will be on campus Wednesday, March 5, to deliver the semiannual Ashe Lecture sponsored by the Howard H. Baker Jr. Center for Public Policy. Munter’s talk, “Beyond 2014: American Relations with Pakistan,” begins at 5:30 p.m. in the center’s Toyota Auditorium. It is free and open to the public.
The Center for Business and Economic Research last week released its spring 2014 Economic Report to the Governor. The report shows US and Tennessee economies are poised for strong growth in 2014 and 2015. It also shows that the state’s unemployment rate will fall from an average of 8.2 percent in 2013 to 7.5 percent in 2014
After five years of sluggish recovery, the US and Tennessee economies are poised for strong growth in 2014 and 2015 according to the forecast in the 2014 Economic Report to the Governor of the State of Tennessee, released today. The study, prepared by UT’s Center for Business and Economic Research, predicts the course of the state and national economies by examining many fiscal factors and trends.
Special correspondent for NBC News, author, and one of America’s best-known journalists, Tom Brokaw, will be at UT on November 13 to deliver the Baker Distinguished Lecture. Brokaw will speak at 1:30 p.m. in the Alumni Memorial Building Cox Auditorium. Presented by the Baker Center, the event is free and open to the public. Note the change in location.
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.
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.