Utah Land Title Association Economic Overview February 1, 2016
|
|
- Beatrice Welch
- 5 years ago
- Views:
Transcription
1 Utah Land Title Association Economic Overview February 1, 2016
2 Utah is One of the Fastest Growing CA 0.9% States in the Country Percent Change in Population for States: 2012 to 2013 WA 1.1% OR 0.8% NV 1.3% AK 0.7% ID 1.0% National U.S. Rate = 0.7% VT ND Economic MT 3.1% MN 1.0% 0.8% SD WI 1.3% 0.3% MI WY PA 1.0% IA NE 0.5% OH 0.7% IL IN 0.2% UT Conditions 0.5% WV 1.6% VA CO MO KY - KS 0.9% 1.5% 0.3% 0.4% 0.3% NC 1.0% TN 0.6% AZ OK SC AR NM 1.2% 0.9% 1.1% 0.3% MS AL GA 0.2% 0.3% 0.8% HI 1.0% TX 1.5% LA 0.5% 1.15% or more.075% to 1.10% 0.5% to 0.9% 0% to 0.4% Population Loss FL 1.2% NH NY 0.4% ME -0.01% DC 2.1% CT DE 0.9% MD 0.7% MA 0.7% RI NJ 0.4% Source: U.S Census Bureau
3 Utah is One of the Fastest Growing CA 0.9% States in the Country A period of increasing Percent Change in Population for States: 2012 to 2013 U.S. Rate = 0.7% WA 1.1% OR 0.8% NV 1.3% NH interest rates?... VT ND MT 3.1% MN 1.0% 0.8% NY 0.4% ID 1.0% WY 1.0% SD 1.3% NE OH 0.7% IL IN 0.2% UT 0.5% WV 1.6% VA CO MO KY - KS 0.9% 1.5% 0.3% 0.4% It s up 0.3% to the Fed NC 1.0% TN 0.6% AZ OK SC AR NM 1.2% 0.9% 1.1% DC 0.3% 2.1% AK 0.7% HI 1.0% TX 1.5% IA 0.5% WI 0.3% LA 0.5% MS 0.2% MI AL 0.3% 1.15% or more.075% to 1.10% 0.5% to 0.9% 0% to 0.4% Population Loss GA 0.8% PA FL 1.2% ME -0.01% CT DE 0.9% MD 0.7% MA 0.7% RI NJ 0.4% Source: U.S Census Bureau
4 Payroll Change 000 s National Job Growth Steady 8.7 Million Jobs Lost 12.8 Million Jobs Recovered Source: Bureau of Labor Statistics
5 Monthly Change in Employment by Industry Total Change in Number of Jobs by Industry: Nov 2015 to Dec 2015 Industry Sector Monthly Jobs Added/Lost Natural Resources/Mining -8,000 Construction 45,000 Manufacturing 8,000 Trade, Transportation, Utilities 31,000 Information 16,000 Financial Activity 11,000 Professional & Business 73,000 Education & Health Services 59,000 Leisure & Hospitality 29,000 Other Services 11,000 Government 17,000 TOTAL 292,000 Source: Bureau of Labor Statistics; seasonally adjusted
6 National Employment Change Percent Change in National Employment by Industry: Dec 2014 to Dec 2015 Total: 1.9% Source: Bureau of Labor Statistics; seasonally adjusted
7 National Employment Change Total Change in Number of Jobs by Industry in Thousands: Dec 2014 to Dec 2015 Source: Bureau of Labor Statistics; seasonally adjusted
8 U.S. Unemployment Rates Dropping 5.0% in Dec Sources: U.S. Bureau of Labor Statistics
9 Source: U.S. Bureau of Labor Statistics Note: Growth rate calculated using real chained dollars U.S. Wage Growth is Steady Average 2.4%
10 Contribution to GDP Growth GDP Growth Slowing Total GDP Growth 4Q GDP 0.7% 2015 Source: Bureau of Economic Analysis
11 Consumer Confidence Only Slightly Higher than One Year Ago Above 110 indicates economic prosperity Source: U.S. CCI from The Conference Board
12 Growth in Consumer Spending Remains Low Source: Bureau of Economic Analysis
13 Underemployment Remains Stubbornly High Source: Bureau of Labor Statistics
14 Source: U.S. Bureau of Labor Statistics Note: Seasonally adjusted Labor Force Participation Rate % Lowest in Over 35 Years Mar % Feb % Dec %
15 Percent Producer Price Index Source: U.S. Bureau of Labor Statistics; seasonally adjusted
16 CPI Inflation Remains Very Low Source: Bureau of Labor Statistics
17 U.S. Core CPI vs Core PCE Sources: Bureau of Labor Statistics and Bureau of Economic Analysis; Core CPI and Core PCE represent all items less food and energy
18 Thousands Cumulative Job Loss by Months of Recession Source: Euler Hermes analysis of Bureau of Labor Statistics Data
19 Thousands Cumulative Job Loss by Months of Recession Source: Euler Hermes analysis of Bureau of Labor Statistics Data
20 Thousands Cumulative Job Loss by Months of Recession Source: Euler Hermes analysis of Bureau of Labor Statistics Data
21 USD Euro compared to U.S. Dollar $1.39 PARITY $1.05 Source: Investing.com
22 US Dollar Compared to Chinese Yuan Inverted Scale 2008 China stops the yuan s rise 2001 China joins WTO Aug 2015 China devalues the yuan by largest amoun 2010 China allows the yuan to rise 2005 China allows the yuan to rise Source: Federal Reserve Bank of St Louis
23 The World s Devaluing Currencies Compared to the USD November 2014-November 2015 Source: CNNMoney s reporting of data from Factset Note: 12-month change ending November 10, 2015
24 $ Per Barrel Oil Prices Hit Lowest Point in Over a Decade $108 $26 Sources: Pre-2016 data from U.S. Energy Information Administration; Post-2016 from Investing.com
25 $ Per Barrel Oil Prices Hit Lowest Point in Over a Decade $108 $26 Source: U.S. Energy Information Administration; weekly averages
26 Source: Baker Hughes Note: Total count includes oil and gas rigs Total U.S. Rig Count Down Significantly 1,
27 Fed Fund Rate, Inflation, and Unemployment First Fed rate increase since 2006 Sources: U.S. Federal Reserve, Bureau of Economic Analysis, U.S. Bureau of Labor Statistics Note: PCE is total personal consumption expenditures
28 Federal Funds Rate Forecast (December 2015) Source: American Bankers Association Analysis of Data from the Federal Reserve
29 Utah is One of the Fastest Growing CA 0.9% States in the Country Percent Change in Population for States: 2012 to 2013 U.S. Rate = 0.7% NH Utah Economic WA ME 1.1% VT -0.01% ND MT 3.1% MN 1.0% OR 0.8% NY 0.8% ID SD WI 0.4% NV 1.3% AK 0.7% 1.0% WY PA 1.0% IA Conditions NE 0.5% OH 0.7% IL IN 0.2% UT 0.5% WV 1.6% VA CO MO KY - KS 0.9% 1.5% 0.3% 0.4% 0.3% NC 1.0% AZ 1.2% HI 1.0% NM 1.3% TX 1.5% OK 0.9% AR 0.3% 0.3% LA 0.5% MS 0.2% MI TN 0.6% AL 0.3% 1.15% or more.075% to 1.10% 0.5% to 0.9% 0% to 0.4% Population Loss SC 1.1% GA 0.8% FL 1.2% DC 2.1% CT DE 0.9% MD 0.7% MA 0.7% RI NJ 0.4% Source: U.S Census Bureau
30 Utah Population Sixth Fastest Growing in U.S. CA 0.9% OR 1.5% WA 1.5% NV 1.9% ID 1.2% AK 0.2% UT 1.7% AZ 1.5% MT 0.9% WY 0.3% CO 1.9% NM 0.0% HI 0.8% Percent Change: 2014 to 2015 U.S. Rate = 0.8% ND 2.3% SD 0.6% NE 0.7% TX 1.8% KS 0.3% OK 0.8% MN 0.6% IA 0.5% MO 0.3% AR 0.4% WI 0.2% LA 0.5% IL -0.2% MS 0.0% MI IN 0.3% TN 0.8% AL 0.3% 1.5% or more OH KY 0.3% 0.8% to 1.4% (at or above U.S. rate) 0.3% to 0.7% 0.0% to 0.2% Population Loss WV -0.3% VT - PA NC 1.0% SC 1.4% GA 1.2% VA 0.7% FL 1.8% NH 0.2% NY 0.2% ME - DC 1.9% CT - DE 1.1% MD 0.5% MA 0.6% RI NJ 0.2% Source: U.S Census Bureau
31 Utah Population Growth Rates By County 2013 to 2014 Box Elder 1.3% Tooele 1.4% Davis 2.1% Cache 0.9% Weber 0.9% Morgan 4.0% Salt Lake 1.0% Utah 1.6% Rich 0.7% Summit 1.7% Wasatch 4.3% Duchesne 1.4% Daggett -1.2% Uintah 3.3% State Average = 1.4% Juab 1.5% Carbon -1.3% Increase of 2.0% or Greater Millard -0.2% Sanpete 0.8% Sevier -0.3% Emery -0.8% Grand 0.7% Increase of 1.5% to 1.9% Beaver 0.0% Piute -2.6% Wayne -0.3% Increase of 1.0% to 1.4% Iron 1.2% Garfield -0.8% Increase of 0.0% to 0.9% San Juan 1.7% Population Loss Washington 2.9% Kane 0.2% Source: U.S. Census Bureau
32 A Look at Utah s Population Source: Historical U.S. Census Bureau; Projections - Utah Governor s Office of Management and Budget
33 Total Population Utah Population and Components of Change 2,995, ,744 35,934 Components of Population Change Sources: Utah Governor s Office of Management & Budget, U.S. Census Bureau
34 CA 2.9% OR 2.7% WA 2.8% NV 2.0% Note: Seasonally Adjusted Source: Bureau of Labor Statistics Utah s Employment Growth AK - ID 4.4% UT 3.2% AZ 2.5% Third in the Nation Percent Change in Employment for States: Dec 2014 to Dec 2015 U.S. Rate = 1.9% MT 0.5% WY -2.2% HI 2.5% CO 1.9% NM 0.3% ND -4.0% SD 2.2% NE 1.4% KS 0.5% TX 1.4% OK -0.5% MN 1.5% IA 1.6% MO 0.9% AR 1.6% WI 0.9% LA -0.9% IL - MS 0.9% MI 1.9% IN 1.9% TN 2.3% AL 1.0% OH 1.5% KY 2.1% GA 2.2% WV -1.5% VT 0.8% PA 0.7% NC 2.1% SC 3.3% 2.0% or more (above the U.S. rate) 1.6% to 1.9% 1.0% to 1.5% 0.0% to 0.9% Loss VA 1.5% FL 2.9% NH 0.5% NY 1.7% ME 1.4% DC 1.4% CT 1.3% DE 1.7% MD 2.1% MA 2.1% RI 1.8% NJ 1.6%
35 Utah Total Employment at New Highs Gain of 224,000 jobs from low in 2009 Loss of 92,000 jobs from Source: U.S. Bureau of Labor Statistics, Total nonfarm seasonally adjusted Note: Numbers rounded to nearest thousand
36 UT Industries - Employment Gains Percent Change in Utah Employment by Industry: Dec 2014 to Dec 2015 Total: 3.2% Source: Utah Department of Workforce Services
37 UT Industries Seeing Growth Total Change in Utah Employment by Industry: Dec 2014 to Dec 2015 Total: 43,300 Source: Utah Department of Workforce Services
38 Utah Employment Change Rates By County Dec 2014 to Dec 2015 Box Elder 6.6% Tooele 0.9% Davis 3.4% Cache 3.5% Rich 0.0% Weber 3.3% Morgan 3.3% Salt Lake 3.2% Utah 6.1% Summit 4.2% Wasatch 7.2% Duchesne -14.9% Daggett 11.5% Uintah -9.3% State Rate = 3.2% Juab 3.0% Carbon -0.4% 4.0% or more Millard 0.0% Sanpete 4.6% Sevier 2.5% Emery -5.8% Grand 2.7% 3.2% to 3.9% Beaver 3.0% Piute -4.6% Wayne 3.7% 2.0% to 3.1% 0.0% to 1.9% Iron 3.8% Garfield 4.2% San Juan 3.2% Loss Washington 4.7% Kane 4.0% Source: Utah Department of Workforce Services, Not seasonally adjusted
39 OR 5.4% CA 5.8% WA 5.5% NV 6.4% ID 3.9% UT 3.5% AZ 5.8% UT Unemployment Rates Among Lowest in Nation MT 4.0% WY 4.3% CO 3.5% NM 6.7% December 2015 U.S. Rate = 5.0% ND 2.7% SD 2.9% NE 2.9% KS 3.9% OK 4.1% MN 3.5% IA 3.4% MO 4.4% AR 4.8% WI 4.3% IL 5.9% MS 6.4% MI 5.1% IN 4.4% TN 5.6% AL 6.2% OH 4.7% KY 5.3% GA 5.5% WV 6.3% VT 3.6% PA 4.8% NC 5.6% SC 5.5% VA 4.2% NH 3.1% NY 4.8% ME 4.0% DC 6.6% CT 5.2% DE 5.0% MD 5.1% MA 4.7% RI 5.1% NJ 5.1% AK 6.5% TX 4.7% LA 6.1% 3.9% or less 4.0% to 4.9% FL 5.0% Note: Seasonally Adjusted Source: Bureau of Labor Statistics HI 3.2% 5.0% to 5.4% (at or above the U.S. rate) 5.5% to 5.9% 6.0% or more
40 Utah vs. U.S. Unemployment Rates Sources: U.S. Bureau of Labor Statistics
41 Utah Unemployment Rates By County December 2015 State Rate = 3.5% 3.4% or lower Box Elder 3.4% Tooele 3.8% Millard 3.5% Juab 3.5% Davis 3.2% Cache 3.0% Weber 3.8% Salt Lake 3.1% Morgan 3.0% Utah 3.0% Sanpete 3.7% Sevier 4.3% Rich 3.6% Summit 3.1% Wasatch 3.3% Duchesne 8.9% Carbon 6.0% Daggett 5.3% Uintah 8.4% Emery 6.7% Grand 5.8% 3.5% to 3.9% Beaver 3.6% Piute 6.8% Wayne 8.7% 4.0% to 5.9% 6.0% to 7.9% Iron 4.0% Washington 3.8% Kane 4.1% Garfield 8.9% San Juan 7.6% 8.0% or greater Source: Utah Department of Workforce Services
42 Utah Personal Income Growth 2nd Highest in the Nation OR 5.7% CA 6.5% WA 5.9% NV 5.9% AK 4.7% ID 4.2% Source: Bureau of Economic Analysis Percent Change in Personal Income : Q Q U.S. = 4.6%; UT = 6.3% UT 6.3% AZ 5.2% MT 4.6% WY 1.4% HI 4.8% CO 5.3% NM 3.3% ND -2.4% SD 1.4% NE 2.8% KS 3.6% TX 3.9% OK 2.0% MN 3.7% IA 1.3% MO 3.6% AR 4.5% WI 3.7% LA 2.6% IL 4.0% MI 4.6% IN 4.6% TN 4.9% MS 3.3% AL 3.9% 5.0% or more OH 3.5% KY 5.0% GA 5.2% WV 2.3% VT 3.0% PA 3.6% NC 5.3% SC 5.1% VA 4.6% FL 5.4% NH 4.9% NY 4.6% 4.6% to 4.9% (at or above the U.S. rate) 3.0% to 4.5% 0.0% to 2.9% Decrease ME 3.9% DC 4.8% CT 4.1% DE 4.5% MD 4.4% MA 5.2% RI 4.6% NJ 4.4%
43 UT vs. U.S. Personal Income Yearly Percent Change in Total Personal Income Source: Bureau of Economic Analysis
44 Utah Median Household Income Higher than Nation OR $56,307 CA $57,528 WA $60,106 NV $45,369 ID $51,767 AK $61,137 UT $62,967 AZ $50, U.S. Rate = $51,939, 2013 Utah Rate = $62,967 MT $44,132 WY $55,700 CO $63,371 NM $42,127 ND $52,888 SD $54,453 NE $53774 KS $41,485 TX $53,027 OK $43,777 MN $60,90 7 IA $54,85 5 MO $50,311 WI $55,258 AR $39,91 9 OH IL IN $46,398 $57,196 WV $50,553 VA $40,241 KY $67,62 $42,158 0 NC TN $41,208 $42,499 LA $39,622 MI $48,801 MS AL $40,850$41,381 $61,000 or more $56,000 to $60,999 GA $47,439 VT $54,842 PA $53,952 SC $43,74 9 FL $47,88 6 NH $71,322 NY $53,843 ME $50,121 DC $60,675 CT $67,781 DE $52,219 MD $65,262 MA $62,96 3 RI $57,812 NJ $61,782 HI $61,40 8 Source: U.S. Census Bureau, 2013 Current Population Survey $51,900 to $55,999 (at or above the U.S. Rate) $45,000 to $51,899 $44,999 or less
45 Consumer Price Index Wasatch Front vs. United States Year Over Year Change Source: U.S. CPI from National Bureau of Labor Statistics and Wasatch Front CPI from Cicero Group
46 US Consumer Confidence Index vs. UT Consumer Attitude Index Above 110 indicates economic prosperity Zions Bank Utah Consumer Attitude Index United States Consumer Confidence Index Source: U.S. CCI from The Conference Board and Utah CAI from Cicero Group
47 Three-Year Average Annual Population Growth Rate Source: ERG reporting of U.S. Census Bureau data
48 Average Annual GDP Growth Rate Source: ERG reporting of U.S. Bureau of Economic Analysis data
49 Average Annual Employment Growth Rate Average Employment Growth Rate 1.7% Source: U.S. Bureau of Labor Statistics
50 Utah Poverty Rate Among Lowest in Nation CA 15.8% WA 12.0% OR 14.4% NV 17.0% ID 12.4% UT 10.2% AZ 21.2% 2014 U.S. Rate = 14.8%, 2014 Utah Rate = 10.2% MT 12.0% WY 9.7% CO 12.3% NM 20.0% ND 9.7% SD 12.8% NE 11.8% KS 12.1% OK 17.3% MN 8.3% IA 10.3% MO 10.4% AR 18.4% WI 10.9% IL 13.7% MS 22.1% MI 14.8% IN 14.6% TN 18.2% AL 17.8% OH 15.6% KY 20.0% VT 9.3% WV 17.3% PA 12.5% VA 10.2% NC 17.1% SC 16.5% GA 16.8% NH 7.2% NY 14.0% ME 13.5% DC 19.0% CT 8.6% DE 11.0% MD 9.8% MA 14.6% RI 1.3% NJ 11.3% AK 11.9% TX 16.4% LA 23.1% 10.5% or less 10.6% to 12.0% FL 16.7% HI 10.8% 12.1% to 14.4% 14.5% to 18.0% (at or above the U.S. rate) 18.1% or more Source: U.S. Census Bureau, 2013 CPS data
51 Utah Population Annual Average Growth Rates By County 2010 to 2060 Box Elder 1.2% Tooele 2.6% Davis 1.3% Cache 2.1% Weber 1.6% Morgan 2.1% Salt Lake 1.4% Utah 2.3% Rich 1.2% Summit 2.1% Wasatch 3.0% Duchesne 1.1% Daggett 1.3% Uintah 1.3% State Average = 1.8% Juab 2.3% Carbon 0.3% Increase of 2.3% or Greater Millard 0.5% Sanpete 1.2% Sevier 0.9% Emery 0.5% Grand 0.9% Increase of 1.8% to 2.2% Beaver 1.6% Piute 0.9% Wayne 1.7% Increase of 1.3% to 1.7% Iron 2.3% Garfield 1.2% Increase of 1.0% to 1.2% San Juan 1.0% Increase of 0.0% to 0.9% Washington 3.3% Kane 1.7% Source: Wasatch Front Regional Council and Governor s Office of Management and Budget
52 Utah is One of the Fastest Growing States in the Country Percent Change in Population for States: 2012 to 2013 U.S. Rate = 0.7% Construction WA ME 1.1% VT -0.01% ND MT 3.1% MN 1.0% OR 0.8% NY 0.8% ID SD WI 0.4% 1.0% 1.3% 0.3% MI WY PA CT 1.0% IA NE 0.5% OH NV 0.7% IL IN 0.2% UT 1.3% 0.5% WV 1.6% VA CO MO KY - KS 0.9% DE CA 1.5% 0.3% 0.4% 0.3% 0.9% 0.9% NC 1.0% TN 0.6% AZ OK SC AR MD NM 1.2% 0.9% 1.1% DC 0.3% 0.7% 2.1% AK 0.7% HI 1.0% TX 1.5% LA 0.5% MS 0.2% AL 0.3% 1.15% or more.075% to 1.10% 0.5% to 0.9% 0% to 0.4% Population Loss GA 0.8% FL 1.2% NH MA 0.7% RI NJ 0.4% Source: U.S Census Bureau
53 U.S. vs. UT Median Existing Home Prices Source: Moody s Analytics
54 Utah Residential Construction Activity Source: University of Utah, David Eccles School of Business, Bureau of Economic and Business Research
55 2016 f UT Value of New Construction Source: University of Utah, David Eccles School of Business, Bureau of Economic and Business Research e= estimate f = forecast
56 Utah Economic Indicators Source: State of Utah Revenue Assumptions Working Group e = estimate f = forecast
57 Robert Spendlove Economic and Public Policy Officer Phone: Zions Bank, A Division of ZB, N.A. Member FDIC. Content is offered for informational purposes only and should not be construed as tax, legal, financial or business advice. Please contact a professional about your specific needs and advice. Content may contain trademarks or trade names owned by parties who are not affiliated with ZB, N.A. Use of such marks does not imply any sponsorship by or affiliation with third parties, and ZB, N.A. does not claim any ownership of or make representations about products and services offered under or associated with such marks.
Uinta Basin Energy Summit Economic Overview September 10, 2015
Uinta Basin Energy Summit Economic Overview September 10, 2015 Overview National Economic Conditions Utah Economic Conditions Utah is One of the Fastest Growing CA States in the Country Percent Change
More informationZions Bank Economic Overview Alta High School. March 24, 2017
Zions Bank Economic Overview Alta High School March 24, 2017 Economic Fundamentals Scarcity Based on limited resources Scarce resources must be allocated using a method of distribution Example: Food Clean
More informationZions Bank Salt Lake Northeast Region Officers Mee8ng Economic Overview. July 28, 2016
Zions Bank Salt Lake Northeast Region Officers Mee8ng Economic Overview July 28, 2016 National Economic Conditions Readings on the U.S. economy since the turn of the year have been somewhat mixed. - Janet
More informationUnderstanding the New Trump Economy Economic Overview. November 15, 2016
Understanding the New Trump Economy Economic Overview November 15, 2016 Uncertainty at the Na@onal and Interna@onal Level Source: Bureau of Labor Statistics The Trump Bump Why? National Job Growth 500
More informationZions Bank Economic Overview
Zions Bank Economic Overview Utah Institute of Real Estate Management Economic Summit September 12, 2017 National Economic Conditions August Job Indicators Indicator Expectation Actual Total Nonfarm Payrolls
More informationZions Bank Economic Summit Economic Overview. November 3, 2016
Zions Bank Economic Summit Economic Overview November 3, 2016 Uncertainty at the Na@onal and Interna@onal Level Readings on the U.S. economy since the turn of the year have been somewhat mixed. - Janet
More informationUtah Association of Special Districts Economic Overview November 5, 2015
Utah Association of Special Districts Economic Overview November 5, 2015 Utah is One of the Fastest Growing CA 0.9% States in the Country Percent Change in Population for States: 2012 to 2013 WA 1.1% OR
More informationWestern Treasure Valley Economic Breakfast Economic Overview March 17, 2016
Western Treasure Valley Economic Breakfast Economic Overview March 17, 2016 Utah is One of the Fastest Growing CA 0.9% States in the Country Percent Change in Population for States: 2012 to 2013 WA 1.1%
More informationZions Bank Economic Overview
Zions Bank Economic Overview Utah League of Cities and Towns June 18, 2018 Utah Economic Conditions CA 0.6% OR 1.4% WA 1.7% NV 2.0% Utah Population 3 rd Fastest Growing in U.S. ID 2.2% UT 1.9% AZ 1.6%
More informationZions Bank Economic Overview
Zions Bank Economic Overview Jackson Hole Mountain Resort March 20, 2018 National Economic Conditions When Good News is Bad News Is Good News?? Dow Tops 26,000 Up 44% Since 2016 Election Source: Wall Street
More informationTexas Economic Outlook: Cruising in Third Gear
Texas Economic Outlook: Cruising in Third Gear Keith Phillips Assistant Vice President and Senior Economist 1/19/17 The views expressed in this presentation are strictly those of the presenter and do not
More informationPRODUCER ANNUITY SUITABILITY TRAINING REQUIREMENTS BY STATE As of September 11, 2017
PRODUCER ANNUITY SUITABILITY TRAINING REQUIREMENTS BY STATE As of September 11, 2017 This document provides a summary of the annuity training requirements that agents are required to complete for each
More informationPlunging Crude Prices: Impact on U.S. and State Economies
Plunging Crude Prices: Impact on U.S. and State Economies Mine Yücel Senior Vice President and Director of Research August 7, 215 Oil and gas prices plunge Nominal price, $, weekly 16 14 12 Oil Price 1
More information2016 Workers compensation premium index rates
2016 Workers compensation premium index rates NH WA OR NV CA AK ID AZ UT MT WY CO NM MI VT ND MN SD WI NY NE IA PA IL IN OH WV VA KS MO KY NC TN OK AR SC MS AL GA TX LA FL ME MA RI CT NJ DE MD DC = Under
More informationTexas Economic Outlook: Strong Growth Continues
Texas Economic Outlook: Strong Growth Continues Keith Phillips Assistant Vice President and Senior Economist 1/23/18 The views expressed in this presentation are strictly those of the presenter and do
More informationOlder consumers and student loan debt by state
August 2017 Older consumers and student loan debt by state New data on the burden of student loan debt on older consumers In January, the Bureau published a snapshot of older consumers and student loan
More informationPlunging Oil Prices: Impact on the U.S. and State Economies
Plunging Oil Prices: Impact on the U.S. and State Economies Mine Yücel Senior Vice President and Director of Research November 17, 216 Nominal price, weekly 16 14 Oil and gas prices volatile 12 1 Oil price
More informationehealth, Inc Fall Cost Report for Individual and Family Policyholders
ehealth, Inc. 2010 Fall Cost Report for and Family Policyholders Table of Contents Page Methodology.................................................................. 2 ehealth, Inc. 2010 Fall Cost Report
More informationEye on the South Carolina Housing Market presented at 2008 HBA of South Carolina State Convention August 1, 2008
Eye on the South Carolina Housing Market presented at 28 HBA of South Carolina State Convention August 1, 28 Robert Denk Assistant Staff Vice President, Forecasting & Analysis 2, US Single Family Housing
More informationTexas Mid-Year Economic Outlook: Strong Growth Continues
Texas Mid-Year Economic Outlook: Strong Growth Continues Keith Phillips Assistant Vice President and Senior Economist 9/27/18 The views expressed in this presentation are strictly those of the presenter
More informationComparative Revenues and Revenue Forecasts Prepared By: Bureau of Legislative Research Fiscal Services Division State of Arkansas
Comparative Revenues and Revenue Forecasts 2010-2014 Prepared By: Bureau of Legislative Research Fiscal Services Division State of Arkansas Comparative Revenues and Revenue Forecasts This data shows tax
More informationTCJA and the States Responding to SALT Limits
TCJA and the States Responding to SALT Limits Kim S. Rueben Tuesday, January 29, 2019 1 What does this mean for Individuals under TCJA About two-thirds of taxpayers will receive a tax cut with the largest
More information2018 Texas Economic Outlook: Firing on All Cylinders
218 Texas Economic Outlook: Firing on All Cylinders Keith Phillips Assistant Vice President and Senior Economist 4/5/218 The views expressed in this presentation are strictly those of the presenter and
More informationCost and Coverage Implications of the ACA Medicaid Expansion: National and State by State Analysis
Cost and Coverage Implications of the ACA Medicaid Expansion: National and State by State Analysis Report Authors: John Holahan, Matthew Buettgens, Caitlin Carroll, and Stan Dorn Urban Institute November
More informationProperty Tax Relief in New England
Property Tax Relief in New England January 23, 2015 Adam H. Langley Senior Research Analyst Lincoln Institute of Land Policy www.lincolninst.edu Property Tax as a % of Personal Income OK AL IN UT SD MS
More informationMassachusetts Budget and Policy Center
Progressive Massachusetts 2013 Policy Conference March 24, 2013 Lasell College Newton, MA Presentation by Massachusetts Budget and Policy Center Our State Budget: Building a Better Future Together Massachusetts
More informationState Trust Fund Solvency
Unemployment Insurance State Trust Fund Solvency National Employment Law Project Conference - Washington DC December 7, 2009 Robert Pavosevich pavosevich.robert@dol.gov Unemployment Insurance Program
More information2018 National Electric Rate Study
2018 National Electric Rate Study Ranking of Typical Residential, Commercial and Industrial Electric Bills LES Administrative Board June 15, 2018 Emily N. Koenig Director of Finance & Rates 1 Why is the
More informationThe Lincoln National Life Insurance Company Term Portfolio
The Lincoln National Life Insurance Company Term Portfolio State Availability as of 7/16/2018 PRODUCTS AL AK AZ AR CA CO CT DE DC FL GA GU HI ID IL IN IA KS KY LA ME MP MD MA MI MN MS MO MT NE NV NH NJ
More informationUnemployment Insurance Benefit Adequacy: How many? How much? How Long?
Unemployment Insurance Benefit Adequacy: How many? How much? How Long? Joel Sacks, Deputy Commissioner Washington State Employment Security Department March 1, 2012 1 Outline How many get unemployment
More informationWho s Above the Social Security Payroll Tax Cap? BY NICOLE WOO, JANELLE JONES, AND JOHN SCHMITT*
Issue Brief September 2011 Center for Economic and Policy Research 1611 Connecticut Ave, NW Suite 400 Washington, DC 20009 tel: 202-293-5380 fax: 202-588-1356 www.cepr.net Who s Above the Social Security
More informationTaxing Investment Income in the States New Hampshire Fiscal Policy Institute 2 nd Annual Budget and Policy Conference Concord, NH January 23, 2015
Taxing Investment Income in the States New Hampshire Fiscal Policy Institute 2 nd Annual Budget and Policy Conference Concord, NH January 23, 2015 Norton Francis State and Local Finance Initiative Urban-Brookings
More informationFlorida 1/1/2016 Workers Compensation Rate Filing
Florida 1/1/2016 Workers Compensation Rate Filing Kirt Dooley, FCAS, MAAA October 21, 2015 1 $ Billions 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Florida s Workers Compensation Premium Volume 2.368 0.765 0.034
More informationA Perspective from the Federal Reserve Institute of Internal Auditors San Antonio Chapter August 19, 2015 Blake Hastings Senior Vice President
A Perspective from the Federal Reserve Institute of Internal Auditors San Antonio Chapter August 19, 215 Blake Hastings Senior Vice President The views expressed in this presentation are strictly those
More informationBlack Knight Mortgage Monitor
Black Knight Mortgage Monitor Mortgage Market Performance Observations Data as of May, 2014 Month-end Black Knight First Look May 2014 Total U.S. loan delinquency rate (loans 30 or more days past due,
More informationTax Freedom Day 2019 is April 16th
Apr. 2019 Tax Freedom Day 2019 is April 16th Erica York Economist Madison Mauro Research Assistant Emma Wei Research Assistant Key Findings This year, Tax Freedom Day falls on April 16, or 105 days into
More informationThe Oil Market: From Boom to Gloom
The Oil Market: From Boom to Gloom Mine Yücel Senior Vice President and Director of Research February 12, 216 The views expressed are those of the speaker and should not be attributed to the or the Federal
More informationTax Freedom Day 2018 is April 19th
Apr. 2018 Tax Freedom Day 2018 is April 19th Erica York Analyst Key Findings Tax Freedom Day is a significant date for taxpayers and lawmakers because it represents how long Americans as a whole have to
More informationSIGNIFICANT PROVISIONS OF STATE UNEMPLOYMENT INSURANCE LAWS JANUARY 2008
U.S. DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING ADMINISTRATION Office Workforce Security SIGNIFICANT PROVISIONS OF STATE UNEMPLOYMENT INSURANCE LAWS JANUARY 2008 AL AK AZ AR CA CO CT DE DC FL GA HI /
More informationSCHIP: Let the Discussions Begin
Figure 0 SCHIP: Let the Discussions Begin Diane Rowland, Sc.D. Executive Vice President, Henry J. Kaiser Family Foundation and Executive Director, Kaiser Commission on for Alliance for Health Reform February
More informationState of the Automotive Finance Market
State of the Automotive Finance Market A look at loans and leases in Q4 2017 Presented by: Melinda Zabritski Sr. Director, Financial Solutions www.experian.com/automotive 2018 Experian Information Solutions,
More informationNevada Labor Market Briefing: January Summary of Labor Market Economic Indicators
Nevada Labor Market Briefing: January 2019 Summary of Labor Market Economic Indicators Department of Employment, Training, & Rehabilitation Dr. Tiffany Tyler-Garner, Director Dennis Perea, Deputy Director
More informationThe Acquisition of Regions Insurance Group. April 6, 2018
The Acquisition of Regions Insurance Group April 6, 2018 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform
More informationState Treatment of Social Security Treatment of Pension Income Other Income Tax Breaks Property Tax Breaks
State-By-State Tax Breaks for Seniors, 2016 State Treatment of Social Security Treatment of Pension Income Other Income Tax Breaks Property Tax Breaks AL Payments from defined benefit private plans are
More informationLocal Anesthesia Administration by Dental Hygienists State Chart
Education or AK 1981 General Both Specific Yes WREB 16 hrs didactic; 6 hrs ; 8 hrs lab AZ 1976 General Both Accredited Yes WREB 36 hrs; 9 types of AR 1995 Direct Both Accredited/ Board Approved No 16 hrs
More informationOregon: Where Taxes Are Low, Fees Are High and Revenue Is Slightly Below Average
Issue Brief March 6, 2012 Oregon: Where Taxes Are Low, Fees Are High and Revenue Is Slightly Below Average The money we pay in fees and taxes helps create jobs, build a strong economy, and preserve Oregon
More informationTax Breaks for Elderly Taxpayers in the States in 2016
AL Payments from defined benefit private plans are exempt; most public systems are exempt; military and US Civil service are exempt Special Homestead ion for 65+ +25.2% +2.4% AK No PIT Homestead ion for
More informationObamacare in Pictures. Visualizing the Effects of the Patient Protection and Affordable Care Act
Visualizing the Effects of the Patient Protection and Affordable Care Act Fall 2012 expands dependence on government health care dumps millions into Medicaid and creates new federal subsidies for government-approved
More informationTexas Mid-Year Economic Outlook: The Skies are Beginning to Clear Keith Phillips Assistant Vice President and Senior Economist
Texas Mid-Year Economic Outlook: The Skies are Beginning to Clear Keith Phillips Assistant Vice President and Senior Economist The views expressed in this presentation are strictly those of the presenter
More informationYolanda K. Kodrzycki New England Public Policy Center Federal Reserve Bank of Boston
The Growing Instability of Revenues over the Business Cycle: Putting the New England States in Perspective Yolanda K. Kodrzycki New England Public Policy Center Federal Reserve Bank of Boston Lincoln Institute
More informationObamacare in Pictures
Obamacare in Pictures VISUALIZING THE EFFECTS OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT Spring 2014 If you like your health care plan, can you really keep it? At least 4.7 million health care plans
More informationAlaska Transportation Finance Study Alaska Municipal League
Alaska Transportation Finance Study Alaska Municipal League presented to Alaska House Transportation Committee presented by Christopher Wornum Cambridge Systematics, Inc. February 12, 2009 Transportation
More informationReal Gross Domestic Product
Real Gross Domestic Product 6 5 4 3 2 1 0-1 -2-3 -4-5 -6-7 -8-9 Percent change from previous quarter at annual rate Q3 4.1% 6 5 4 3 2 1 0-1 -2-3 -4-5 -6-7 -8-9 -10 2005 2006 2007 2008 2009 2010 2011 2012
More informationMedicare Alert: Temporary Member Access
Medicare Alert: Temporary Member Access Plan Sponsor: Coventry/Aetna Medicare Part D Effective Date: Jan. 12, 2015 Geographic Area: National If your pharmacy is a Non Participating provider in the Aetna/Coventry
More informationCharles Gullickson (Penn Treaty/ANIC Task Force Chair), Richard Klipstein (NOLHGA)
MEMO DATE: TO: Charles Gullickson (Penn Treaty/ANIC Task Force Chair), Richard Klipstein (NOLHGA) FROM: Vincent L. Bodnar, ASA, MAAA RE: Penn Treaty Network American Insurance Company and American Network
More informationThe Economics of Homelessness
15 The Economics of Homelessness Despite frequent characterization as a psychosocial problem, the problem of homelessness is largely economic. People who become homeless have insufficient financial resources
More informationNational and Virginia Economic Outlook
National and Virginia Economic Outlook Association of Electric Cooperatives September 29, 215 Sonya Ravindranath Waddell Regional Economist Research Department The views and opinions expressed herein are
More informationRefinance Report August 2012
This report contains data on refinance program activity of Fannie Mae and Freddie Mac (the Enterprises) through. Report Highlights Refinance volume continued to be strong in August as 30-year mortgage
More informationBlack Knight Mortgage Monitor
Black Knight Mortgage Monitor Mortgage Market Performance Observations Data as of April, 2014 Month-end Black Knight First Look April 2014 2 Focus Points Prepayment activity and originations ARM loans
More informationAge of Insured Discount
A discount may apply based on the age of the insured. The age of each insured shall be calculated as the policyholder s age as of the last day of the calendar year. The age of the named insured in the
More information2018 ADDENDUM INSTRUCTIONS
2018 ADDENDUM INSTRUCTIONS FEBRUARY 22, 2019 UPDATE: 2018 MUNICIPAL REFERENCE BOOK 1. DELAWARE funds are listed on page 15. You may note on page 15 to see the addendum for additional Delaware funds. The
More informationMEMORANDUM. SUBJECT: Benchmarks for the Second Half of 2008 & 12 Months Ending 12/31/08
MEMORANDUM TO: FROM: HR Investment Center Members Matt Cinque, Managing Director DATE: March 12, 2009 SUBJECT: Benchmarks for the Second Half of 2008 & 12 Months Ending 12/31/08 Please find enclosed the
More informationRecap of 2017: The Best Year in a Decade
NOVEMBER 217 Recap of 217: The Best Year in a Decade Macroeconomic conditions remained favorable for housing and mortgage markets in 217. Despite challenges, the housing markets remain on track for their
More informationInsured Deposit Program. Updated 03/31/2017
Insured Deposit Program Welcome to the FDIC Insured Deposit Program. Under this program, available cash balances (from security transactions, dividend and interest payments and other activities) in your
More informationInsured Deposit Program Updated 10/17/2016
Insured Deposit Program Welcome to the FDIC Insured Deposit Program. Under this program, available cash balances (from security transactions, dividend and interest payments and other activities) in your
More informationPreview of Utah s 2018 Insurance Marketplace
Preview of Utah s 2018 Insurance Marketplace Image source: Moodboard; jakesmome September 28, 2017 Jason Stevenson Utah Health Policy Project 801.433.2299 x7 stevenson@healthpolicyproject.org 1 Changes
More informationFiduciary Tax Returns
Functions and Procedures Index Books On Line Main Directory Overview... 2 How does it work?... 3 What Information is transmitted to the Tax Service?... 4 How do I initiate this service?... 8 Do I have
More informationThe State Tax Implications of Federal Tax Reform Legislation
The State Tax Implications of Federal Tax Reform Legislation Executive Committee Task Force on State and Local Taxation Phoenix, Arizona January 14, 2017 Joe Crosby, Multistate Associates Karl Frieden,
More informationWhile one in five Californians overall is uninsured, the rate among those who work is even higher: one in four.
: By the Numbers December 2013 Introduction California had the greatest number of uninsured residents of any state, 7 million, and the seventh largest percentage of uninsured residents under 65 in the
More informationPresented by: Matt Turkstra
Presented by: Matt Turkstra 1 » What s happening in Ohio?» How is health insurance changing? Individual and Group Health Insurance» Important employer terms» Impact small businesses that do not offer insurance?
More information2016 Texas Economic Outlook: Riding the Energy Roller Coaster Keith Phillips Assistant Vice President and Senior Economist
216 Texas Economic Outlook: Riding the Energy Roller Coaster Keith Phillips Assistant Vice President and Senior Economist The views expressed in this presentation are strictly those of the presenter and
More informationPercent of Employees Waiving Coverage 27.0% 30.6% 29.1% 23.4% 24.9%
Number of Health Plans Reported 18,186 3,561 681 2,803 3,088 Offer HRA or HSA 34.0% 42.7% 47.0% 39.7% 35.0% Annual Employer Contribution $1,353 $1,415 $1,037 $1,272 $1,403 Percent of Employees Waiving
More informationRLI TRANSPORTATION A Division of RLI Insurance Company 2970 Clairmont Road, Suite 1000 Atlanta, GA Phone: Fax:
RLI TRANSPORTATION A Division of RLI Insurance Company 2970 Clairmont Road, Suite 1000 Atlanta, GA 30329 Phone: 404-315-9515 Fax: 404-315-6558 AGENCY/BROKER PROFILE Please type your answers. Use a separate
More informationJust The Facts: On The Ground SIF Utilization
Just The Facts: On The Ground SIF Utilization The Access 4 Learning Community (A4L), previously the SIF Association, has changed its brand name due to the fact that the majority of its 3,000 members represent
More informationReport to Congressional Defense Committees
Report to Congressional Defense Committees The Department of Defense Comprehensive Autism Care Demonstration December 2016 Quarterly Report to Congress In Response to: Senate Report 114-255, page 205,
More informationIMPROVING COLLEGE ACCESS
IMPROVING COLLEGE ACCESS Grants and Resources for Education Leaders West Virginia Leaders of Education Conference December 3, 2018 THE EDUCATION ALLIANCE Statewide non-profit organization W E brings B
More information2016 GEHA. dental. FEDVIP Plans. let life happen. gehadental.com
2016 GEHA dental FEDVIP Plans let life happen gehadental.com Smile, you re covered, with great benefits and a large national network. High maximum benefits $25,000 for High Option Growing network of dentists
More informationPLEASE NOTE: Required American Equity specific Product Training must be completed PRIOR to soliciting an Application to A
PLEASE NOTE: Required American Equity specific Product Training must be completed IOR to soliciting an Application to A Signed in as: JOSEPH E GOSS LTD 3/12/2014 1:18:30 PM Home Announcements Information
More informationRegional Economic Update
Regional Economic Update Roberto Coronado Assistant Vice President in Charge and Sr. Economist July 23, 2015 The views expressed in this presentation are strictly those of the authors and do not necessarily
More informationMississippi s Business Monitoring The State s Economy
Mississippi s Business January 2012 Monitoring The State s Economy ECONOMY AT A GLANCE Volume 70 - Number 1 A Publication of the University Research Center, Mississippi Institutions of Higher Learning
More informationThe Entry, Performance, and Viability of De Novo Banks
The Entry, Performance, and Viability of De Novo Banks Yan Lee and Chiwon Yom* FEDERAL DEPOSIT INSURANCE CORPORATION *The views expressed here are solely of the authors and do not necessarily reflect the
More informationStates and Medicaid Provider Taxes or Fees
March 2016 Fact Sheet States and Medicaid Provider Taxes or Fees Medicaid is jointly financed by states and the federal government. Provider taxes are an integral source of Medicaid financing governed
More informationDomestic violence funding reduced from $1,253,000 to $1,000,000. $53,000 to fund elder law hotline eliminated.
Court Fees and Fines and State Appropriations by State* 2009-10 Amounts, Major Changes from 2009 Legislative Sessions Noted Revised 3/8/10 (**See note below related to court fees and fines) State Court
More informationCorporate Income Tax and Policy Considerations
Corporate Income Tax and Policy Considerations Presentation by Richard Anklam, Executive Director, New Mexico Tax Research Institute To The Interim Revenue Stabilization and Tax Policy Committee September
More informationTexas Economic Outlook: Tapping on the Brakes
National Economy Picking Up After Q1 Pause Texas Economic Outlook: Tapping on the Brakes Keith Phillips Assistant Vice President and Senior Economist Consumer spending picked up in 1 as housing prices
More informationIndexed Universal Life Caps
Indexed Universal Life Caps Effective March 15, 2013, the caps on FG Life-Elite II will be changing as follows: Cap Illustrative Rate 100% Participation Annual Point-to-Point 14.75% 8.32% 140% Participation
More informationSTATE OF THE LINE REPORT
ANNUAL ISSUES SYMPOSIUM STATE OF THE LINE REPORT T H E SYSTEM @WORK KATHY ANTONELLO, FCAS, FSA, MAAA CHIEF ACTUARY NCCI Copyright NCCI Holdings, Inc. All Rights Reserved. ANNUAL ISSUES SYMPOSIUM PROPERTY/CASUALTY
More informationPatient Protection and. Affordable Care Act: The Impact on Employers
Patient Protection and Affordable Care Act: The Impact on Employers April 2013 Agenda Introductions Individual Mandate Healthcare Exchange Overview Impact on Employers Essential Health Benefits Fees &
More informationUniform Consent to Service of Process
Applicant Company Name: NAIC No. FEIN: Uniform Consent to Service of Process Original Designation Amended Designation (must be submitted directly to states) Applicant Company Name: Previous Name (if applicable):
More informationMultistate indirect tax trends and policies
Multistate indirect tax trends and policies Disclaimer EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate
More informationState and Local Sales Tax Revenue Losses from E-Commerce: Estimates as of July 2004
State and Local Sales Tax Revenue Losses from E-Commerce: Estimates as of July 2004 by Dr. Donald Bruce, Research Assistant Professor dbruce@utk.edu and Dr. William F. Fox, Professor and Director billfox@utk.edu
More informationPORTFOLIO REVENUE EXPENSES PERFORMANCE WATCHLIST
July 2018 ASSET MANAGEMENT Low-Income Housing Tax Credit Portfolio Trends Analysis Enterprise s Low-Income Housing Tax Credit (LIHTC) Portfolio Trends Analysis provides important information to our management
More information< Executive Summary > Ready Mixed Concrete Industry Data Report Edition
Ready Mixed Concrete Industry Data Report A benchmarking tool for planning, evaluating and directing the financial activities of your organization. 2012 Edition (2011 data) < Executive Summary > Prepared
More information2014 Annual Statistical Rprt Report. Prepared by: Property Tax Division Utah State Tax Commission
2014 Annual Statistical Rprt Report Prepared by: Property Tax Division Utah State Tax Commission UTAH PROPERTY TAX 2014 ANNUAL STATISTICAL REPORT For Locally Assessed Real Property Locally Assessed Personal
More informationExecutive Summary. Introduction
Date: Regarding: 2014-2017 United States Animal Loss Claims (External Dissemination) Prepared by: David Fennig, Strategic Analyst Executive Summary The purpose of this ForeCAST SM is to analyze claims
More informationRESEARCH REPORT VARIABLE RATE DEMAND OBLIGATIONS 2010 UPDATE OCTOBER New York n Washington. Volume V No.
RESEARCH REPORT OCTOBER 21 VARIABLE RATE DEMAND OBLIGATIONS 21 UPDATE Volume V No. 16 New York n Washington Variable Rate Demand Obligations Q2 29-21 VARIABLE RATE DEMAND OBLIGATIONS Variable rate demand
More informationPatient Protection & Affordable Care Act
Patient Protection & Affordable Care Act Joshua D. Goldberg National Association of Insurance Commissioners Symposium on Health Reform University of Iowa Public Policy Center July 20, 2010 Opportunities
More informationAN IN-DEPTH LOOK AT NAFTA. August
IMPLICATIONS OF U.S. TRADE POLICIES: AN IN-DEPTH LOOK AT NAFTA August 2018 1 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
More informationProperty Tax Deferral: A Proposal to Help Massachusetts Seniors
Property Tax Deferral: A Proposal to Help Massachusetts Seniors Alicia H. Munnell and Abigail N. Walters Center for Retirement Research at Boston College Economic Perspectives on State and Local Taxes
More informationPlease print using blue or black ink. Please keep a copy for your records and send completed form to the following address.
20 Disbursement for Beneficiary/QDRO Account IBEW Local Union No. 716 Retirement Plan Instructions About You Please print using blue or black ink. Please keep a copy for your records and send completed
More information