1 / 49

Navigating The Great Recession: Insights into Recovery and the Knowledge Economy

Delve into the aftermath of the Great Recession and anticipate future economic trends amidst the shift to a knowledge-based economy. Analyze key indicators, employment growth data, and the significance of educational attainment in the labor market. Uncover the factors that attract skilled workers to certain regions and the emerging opportunities in the knowledge economy. Learn from past lessons and explore strategies for success in a rapidly evolving economic landscape.

ahollister
Download Presentation

Navigating The Great Recession: Insights into Recovery and the Knowledge Economy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Great Recession & Recovery Walking on Bottom The Two Carolinas Looking Ahead to the Knowledge Economy • The Great Recession & Recovery • Walking on Bottom • The Two Carolinas • Looking Ahead to the Knowledge Economy Bruce Yandle yandle@clemson.edu Bruce Yandle yandle@clemson.edu

  2. The Recession ends when we hit bottom. That looks like August or September 2009. December 2007 September 2009

  3. Recovery? What Shape? V U W

  4. TWO KEY U.S. INDICATORS

  5. Overall Economic Freedom Index and the Top 10

  6. Employment Growth: 1996-2006

  7. Nominal GDP Growth: 2005-2008

  8. Economy.com, June 2009

  9. Where People Work

  10. U.S. Unemployment Rate by Educational AttainmentSeptember 2009 Less than High School Education 13.7% High School Graduates 10.0% Associate Degree Holders 8.1% Bachelor Degree Holders 5.0%

  11. What about brains?

  12. Follow me to a cool city!

  13. What did we learn? Go Getters are: • Highly attracted by larger PBS sector. • Repelled by state taxes. • Attracted by “cool” locations. • Are not sensitive to high versus low income locations.

  14. Southern MSA Knowledge Economy Index

  15. Regional MSA Index Ranking

  16. Questions?

More Related