Why Economic Diversity Matters

Though the economy has been booming and consumer confidence hast hit an eighteen-year high, the chances of a recession in the next two years is increasing according to Chmura’s economists. As such, economic developers may be asking themselves a tough question: “How well can my region withstand another economic recession?”

Amazon’s Impact in Crystal City, Virginia

Amazon announced plans for a new corporate headquarters in September 2017, setting off a frenzy of bids (238 proposals) as well as speculation as to which city would win the competition. On November 13, 2018, it became official, Crystal City, Virginia—just south of downtown Washington D.C. and the location of Ronald Reagan Washington National Airport—would become home to a new headquarters for Amazon, splitting the overall planned expansion with New York City. Chmura Economics & Analytics was honored to perform the economic impact analysis for the Crystal City expansion on behalf of the Virginia Chamber Foundation. This impact analysis included a study of the job, spending, and tax effects projected to result from Amazon’s new headquarters in Northern Virginia.

How Much Education Is Really Needed?

The amount of education someone needs for specific career is not necessarily simple to determine. As an example of this, in this blog we attempt to answer the question: “How much education do you need to be a registered nurse?”

Most Secure Jobs that Need Little Training

For jobs that typically don’t need a college degree, which are the most secure? Here we take a look at five popular ones (see chart below). Each of these are “secure” in the sense that they are jobs with very low unemployment rates. In addition, each of these jobs typically do not require a college award, plus they usually don’t require extensive training.