Business strategy and firm location decisions: testing traditional and modern methods

This paper, written by Patrick L. Anderson for the January issue of the NABE’s Business Economics journal, is the recipient of a 2018 Edmund A. Mennis Contributed Paper Award. The work earned Mr. Anderson his third Mennis award for the nationally-recognized accuracy of its analysis in handicapping location bids for Amazon’s “HQ2.” Abstract For nearly… Continue reading

Anderson Economic Group AndCan™ Index, April 2019 Release: U.S. demand for cannabis products increases marginally in January

The demand for legal cannabis products in the U.S. increased 0.6% in January. Cannabis product demand is up 21.3% from January 2018. Last month, we released the 2019 benchmarked version of the AndCan™ Index. FOR IMMEDIATE RELEASE EAST LANSING, MI—April 1, 2019—According to the monthly AndCan Index, demand for legal cannabis products in the United… Continue reading

The AndCan™ Index: 2019 Benchmark Revision

The 2019 benchmarked AndCan™ Index represents consumer demand for legal cannabis products for all 50 states in the United States. The index has been produced by Anderson Economic Group since 2017, using a rigorous methodology based on fundamentals of consumer demand. This is the first benchmark revision since the original publication of the index. The… Continue reading

Brian Peterson of Anderson Economic Group promoted to Consultant

FOR IMMEDIATE RELEASE East Lansing, Michigan—February 20, 2019—Anderson Economic Group is pleased to announce the promotion of Brian Peterson from Senior Analyst to Consultant. During his time at Anderson Economic Group, Mr. Peterson has worked on a wide range of public policy projects, including economic impacts, fiscal impacts, pension analyses, and industry analyses. Most notably,… Continue reading

Just-published article explains controversial Amazon HQ2 decisions

Nationally-recognized experts explain why New York City and D.C. were picked over other cities; Notes alternatives to NYC including Newark, Chicago, Atlanta–and even Detroit FOR IMMEDIATE RELEASE East Lansing, Michigan—February 19, 2019—An award-winning article that explained Amazon’s choices among cities competing for the coveted “HQ2” facility has just been published. It demonstrates why New York… Continue reading

Local businesses are feeling winter’s impact

“I think people in Michigan are actually pretty hardy; we get through stuff like this,” said Patrick Anderson of Anderson Economic Group. “Yes, every once in a while, we lose a couple of days working and that hurts the employers and employees, but we’ll get through this.” Watch Here

After nine-year run, UAW profit-sharing routine takes a turn

“This time around, the uncertainty in the auto industry — and the fact that all three of these automakers have already announced some reductions — will trim that spending considerably,” said economist Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group. Read More

January: Cristina Benton’s monthly commentary on the employment report

In the latest employment report, the unemployment rate ticked upward 0.1 percentage points to 4.0 percent in January. Despite the 35-day government shutdown, most federal employees were counted as employed during the period due to receiving pay during the January 12th survey week. The Latino unemployment rate edged up to 4.9 percent in January, while… Continue reading

Anderson Economic Group Michigan Craft Beer Analysis

The experts at Anderson Economic Group have prepared an analysis on the craft beer industry in Michigan, including interactive visualizations. The analysis shows the explosive growth of the craft beer industry in Michigan over the past four years, where the production hot spots are, and sales for each brewery over a four-year time period.  “As… Continue reading

The Impact of Easing Investment Restrictions on Downstate Illinois Police and Fire Pensions Funds

In Illinois, retirement benefits are provided to police officers and firefighters through local pension funds. As of the end of fiscal year 2017, there were 643 pension funds for police officers and firefighters across the state. State law places limits on the types of securities that these pension funds can own. These limitations are particularly… Continue reading