Five Hull College of Business students will work on an economic impact study of Savannah River Site (SRS) during the fall 2021 semester. Students, under the direction of economics professor Simon Medcalfe, Ph.D., will analyze data from Richmond and...
In early February, eight students from the Firm and Industry Studies class taught by Simon Medcalfe, finance and economics professor, got an inside look at a local, family-owned, craft brewery. Upon entering the 16,000-square-foot Savannah River...
Augusta University Cree-Walker Chair and Professor of Economics Simon Medcalfe will share his analysis of Augusta’s economy and predictions for the coming year during the University’s Annual Economic Forecast. The annual forecast is hosted by the...
No sector of the local economy escaped the punishing effect of the coronavirus pandemic. Employment numbers for April show declines in employment in all areas of the economy. However, some sectors were hit harder than others. Total employment in the...
Coronavirus impact The first data indicating the economic impact of the coronavirus pandemic on the Augusta area was released today (Thursday April 16th) by the Georgia Department of Labor. Initial claims for unemployment insurance in the Augusta...
Setting records 2019 was a record year for the Augusta metropolitan statistical area (MSA). The highest ever employment numbers of 245,200 were recorded in each of the months of February, April, and November. The unemployment rate reached a record...
A surge in building permits saw the Augusta Leading Economic Index increase 0.8% from June, the largest one month change for almost five years. The index remains 1.5% higher than July 2019. 568 permits were issued representing over $70 million of...
There has been a lot of talk in the media about a possible recession. The good news for Augusta is that the probability of a recession is still low. The probability that the local economy is in a recession is 1.4%. The labor market is still strong...
In my last commentary, I mentioned that cricket was a simple sport where the team with the most runs wins. Incredibly, the world cup final on July 14th was played to a tie with both England and New Zealand hitting 241 runs. The match went to a...
The cricket world cup starts on May 30th when England take on South Africa at the Oval in London. For those not familiar with the sport, it is pretty simple: the team with the most runs wins the match (don’t get me started on Duckworth-Lewis-Stern)...
Tim Rausch
Payton Prather