Rick Harper

In this week’s Economic Report, Dr. Rick Harper discusses the importance of the Fourth of July holiday weekend to local beach tourism and his latest viewpoint on wage growth.

First, visitors and locals alike will be celebrating Independence Day across the gulf coast this weekend.

According to Harper, the forward looking indicators are very strong.

“We’re seeing low gas prices, lowest they’ve been really in about five years,” he said. “We’re also seeing job growth.”

In this week’s Economic Report, Dr. Rick Harper discusses Governor Rick Scott’s signing of Florida’s 2015-2016 Budget and the economic outlook for 2016.

“It’s a big budget,” Harper said, referring to the state’s $78.2 billion budget. “It’s a sign that the economy is recovering, because when people are getting paychecks, when tourists are visiting Florida and paying sales tax on everything they buy, then that means that there are more dollars flowing into state coffers.”

In this week’s Economic Report, Dr. Rick Harper discusses the latest from the U.S. Federal Reserve and other important economic indicators.

The Federal Open Market Committee met this week, as it does every six weeks.

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 discusses the University of West Florida’s recently signed memorandum of understanding with Space Florida and the upcoming Affordable Housing Summit in Pensacola.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the Memorial Day holiday weekend and the closing of a grant program established in response to the Deepwater Horizon oil spill.

From an economic standpoint, the Memorial Day holiday weekend is important in that it marks the unofficial start to the tourist season.

“Tourism is looking good across northwest Florida,” Harper said. “The beach metro areas are seeing strong visitation increases and that’s a good sign.”

In this week’s Economic Report, Dr. Rick Harper discusses the University of West Florida’s newly created Center for Research and Economic Opportunity (CREO) and the hiring outlook for new college graduates.

CREO is the result of a merger of the Office of Research and Sponsored Programs and the Office of Economic Development and Engagement (OEDE).

New York TImes

In this week’s Economic Report, Dr. Rick Harper discusses the findings of an upward mobility study that shows where children grow up affects how much income they earn as adults.

In this week’s Economic Report, Dr. Rick Harper discusses revised tourism figures from the state of Florida, a slowing U.S economy to start 2015, and job prospects for the graduating Class of 2015.

   In this week’s Economic Report, Dr. Rick Harper discusses economic issues related to the fifth anniversary of the BP Oil Spill in the Gulf of Mexico.

It was on April 20, 2010 that the Deepwater Horizon oil rig exploded, killing eleven people and triggering a sea-floor oil gusher that flowed for nearly three months. It was the nation's largest off-shore oil spill.

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