Economic Report

DD: Lots to talk about this week starting off with the National Association for Business Economics, a big meeting there.

In this week’s Economic Report, Dr. Rick Harper discusses the latest reports on unemployment benefits, job growth, retail sales, and mortgage rates.

According to the U.S. Labor Department, the number of Americans filing for unemployment benefits rose slightly last week, yet remained at a historically low level.

In this week’s Economic Report, Dr. Rick Harper provides analysis of recently released U.S. Census figures.

“We’ve declined in population over the years, as people have moved out to the suburbs,” said Harper, referring to the number of people living in the City of Pensacola, which is the urban core of a larger metro area including Escambia and Santa Rosa counties. The metro area population estimate for 2014 is 474,081.

University of West Florida

This week Dr. Rick Harper wrote several reports on jobs across the region, in Panama City, Okaloosa County, and Pensacola. He spoke with Sandra Averhart.

SA: "The Pensacola area sees job gains in December- Real estate, hospitality among sectors that have hit pre-recession employment levels."

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses U.S. Federal Reserve Chairwoman Janet Yellen’s first press conference on Capitol Hill. “It’s steady as she goes for Janet Yellen,” says Harper. He says it wasn’t notable for any change in policy, but for the same rookie error made by her predecessors Alan Greenspan and Ben Bernanke. “She made the mistake of being too direct in a response to a reporter’s question, and that sent the financial markets into a bit of a tizzy.”