New Midwest Jobs Data Shows Indiana Closest to Pre-Recession Employment while Michigan Falls Behind

Minnesota, Wisconsin, Ohio, and Illinois in Middle of Pack East Lansing, MI–September 23, 2020–An analysis of new employment data by experts at Anderson Economic Group (AEG) shows that states across the Midwest are still reeling from employment losses caused by the COVID-19 epidemic. Between February and April, Midwestern states recorded unprecedented job losses as policymakers […]

Akron Housing Affordability Study

The Akron Cleveland Association of REALTORS® retained Anderson Economic Group to conduct a study of housing affordability in Akron. To frame housing affordability trends in Akron, we identified trends in housing affordability across the United States and found that housing affordability nationwide has improved since the Great Recession, but a large proportion of low-income and […]

COVID-19 Progression and Effects of Business Closures on Michigan’s Workers

UPDATED 4/22 Anderson Economic Group was retained to develop a comprehensive report detailing the best information available on both the course of the COVID-19 epidemic and its effects on the Michigan economy. The resulting memorandum provides a summary of COVID-19’s progression, considers the impact of the virus and stay at home orders on Michigan’s economy, and […]

Economic and Fiscal Impact of First-Time Homebuyer Savings Accounts in Ohio

The Ohio Association of REALTORS (OAR) commissioned AEG to estimate the potential impact of a proposed first-time homebuyer savings account (FHSA) program in Ohio that would allow residents to deposit and withdraw funds from a tax-sheltered savings account as long as those funds are used to purchase a home. To determine the economic impact of […]

Factors Influencing State Road Project Prioritization in Michigan (Phase I)

Business Leaders for Michigan retained Anderson Economic Group to analyze Michigan’s state road funding project prioritization practices and determine the extent to which the state considers economic impacts in determining which road projects to fund. We collected information from the Michigan Department of Transportation, Michigan House Fiscal Agency, and Michigan Senate Fiscal Agency to identify […]

Economic Impact Report Released for Illinois’ Fermilab

Anderson Economic Group was retained by Fermilab  to study the economic and fiscal impact on Illinois. This report demonstrates a significant impact on the particle physics and accelerator laboratory’s home state of Illinois. The findings, based on FY 2018 data, show an economic impact on the state totaling $452 million. The lab’s activities also created […]

The Economic Impact of First-Time Homebuyer Savings Accounts in Wisconsin

The National Association of REALTORS® (NAR) is a trade association that represents residential and commercial brokers, salespeople, property managers, appraisers, counselors, and others engaged in the real estate industry. NAR retained AEG to estimate the economic impacts of a proposed first-time homebuyer savings account (FHSA) program in Wisconsin. We conducted a literature review on the […]

Reforming MPSERS: The impact of issuing pension obligation bonds and extending debt payments

Governor Gretchen Whitmer and leaders of the GOP-led Michigan House and Senate have recently considered proposals to postpone making required principal and interest payments on the unfunded accrued actuarial liability (UAAL) of the Michigan Public School Employee Retirement System (MPSERS). For all variations of this idea, the immediate results of such actions would be the […]

Economic Scope of Business Leaders for Michigan Companies, 2019

Business Leaders for Michigan (BLM) is a business roundtable comprised of the chairpersons, chief executives, and senior executives from the largest job providers and universities in Michigan. BLM is dedicated to making Michigan a “Top Ten” state for job and economic growth. BLM retained AEG to estimate the economic footprint (or “scope”) of its member […]

PERS Calculator Update for SEIU 503

SEIU Local 503 is Oregon’s largest public services and care provider union, representing 72,000 people and 500 different job descriptions. SEIU retained Anderson Economic Group to provide the underlying calculations for an online pension benefit calculator that allows SEIU members to estimate their future retirement benefits upon retirement. We reviewed pension benefit formulas for PERS, […]