Business Perspectives

Quarterly magazine provides new and analysis of global, national and regional economies. It also covers topics of interest to business, education and government communities.

Articles from Vol. 19, No. 2, Spring

... and the Hill Becomes a Mountain!
[ILLUSTRATION OMITTED] The title of last year's Tennessee Valley outlook article was "The Bump in the Road Becomes a Hill." For 2008, that hill has become a mountain. The overwhelming influence on the Valley's economy for 2008 will be the national...
An Economic Summary of Missouri
[ILLUSTRATION OMITTED] This excerpt is from "The Missouri Budget, Fiscal Year 2009, Budget Summary." The SBBER wishes to thank Governor Blunt, the Office of Administration, Division of Budget & Planning, and Kevin Highfill for their assistance...
Confluence of Structural and Cyclical Change Clouds Outlook for 2008 and Beyond
[ILLUSTRATION OMITTED] As an extension of previous arguments, it now appears that our greatest fears about the simultaneous appearance of two economic forces, inflation and recession, may become a reality in 2008. The actions of the Federal Reserve...
Kentucky's Economic Outlook for 2008: By the Kentucky Office of State Budget Director
[ILLUSTRATION OMITTED] Kentucky's Economy Kentucky's personal income is estimated to be $134.8 billion for the second quarter of FY 2008, an increase of 5.9 percent from a year ago. U.S. personal income grew by 6.0 percent during the same period....
Mapping out the Credit Crunch and Its Impact on Real Estate
The recent credit crunch is having a noticeable effect on the real estate market both nationally and locally. The third quarter 2007 Office of Federal Housing Enterprise Oversight's House Price Index (HPI) indicated a 1.8 percent national home price...
National & Regional Economies
National Economic Indicators February October November 2007 2007 2007 Consumer Confidence (1) 111.2 95.6 87.8 ISM Manufacturing...
Still Chilly after All These Years: A Longitudinal Study of Corporate Board Composition in Tennessee
A look into the corporate board rooms across the nation shows the under-representation of women at the table. The absence and near absence of women in many board rooms is perplexing. As an issue that has been the subject of ongoing public debate, it...
Subprime: Boon or Bain?
Where to From Here? The Subprime Mortgage Market Last year was the year when the term "subprime" became a part of everyday speech and was often followed by any number of other terms--crash, debacle, mess, or meltdown--in the media. We have all...
The Arkansas Economic Outlook for 2008
[ILLUSTRATION OMITTED] The Arkansas economy expanded in 2007 despite mixed signals and abundant evidence of declining growth going into 2008. The main source of weakness stemmed from ongoing struggles in the large manufacturing base in the state....
The Credit Crunch: A Domino Effect
[ILLUSTRATION OMITTED] Introduction In the shadow of the spotlight focused on the faltering nationwide housing market comes the all-encompassing catch phrase "credit crunch." However, the term is neither a prophet of doom nor is it unique only...
The Louisiana Economy
An examination of the Louisiana economy provides a study in contrasts. Not only is the state split between two Federal Reserve Districts, it is similarly geographically split between those areas severely affected by the hurricanes of 2005 in the South...
The Memphis Economy in 2008
[ILLUSTRATION OMITTED] There is good news for the Memphis economy in 2008, even as the U.S. economy appears to be in or headed for a recession. In particular, the Memphis area is being surrounded by auto assembly and auto parts plants. Of greatest...
The Mississippi Economic Outlook, 2008
[ILLUSTRATION OMITTED] The economic future is never certain, but it looks especially risky at this early stage of 2008. The subprime mortgage credit crisis, $90-$100 per barrel oil, falling consumer and business confidence, weak December 2007 employment...
The World Economic Outlook for 2008
[ILLUSTRATION OMITTED] Introduction Stubbornly high energy prices, volatile financial markets, weak credit conditions, and a continuing downturn in the U.S. housing market have combined to produce the economic equivalent of a perfect storm for...