Author Archives: Christine Chmura

About Christine Chmura

Christine Chmura is president and chief economist at Chmura Economics & Analytics. She can be reached at (804) 649-3640 or at chris@chmuraecon.com.

Increasing Defense Contracts Good News for Virginia Economy

Virginia firms handled more defense contracts than any other state except California in the most recent fiscal year. The $37.4 billion performed in Virginia during the fiscal year that ended Sept. 30, 2018, makes up 4.6% of the state’s gross … Continue reading

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Is the U.S. Economy Slowing Down? Are We Headed for a Recession?

Next month will mark the longest U.S. economic expansion on record. But growing signs of a slowing economy — and potentially a recession — have some businesses concerned about the future. Increased uncertainty is never a good thing for businesses. … Continue reading

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April’s Unemployment Rate Means Good News for Graduates Seeking Jobs

With the U.S. unemployment rate at a nearly 50-year low of 3.6 percent in April, this year’s graduates should have an easier time finding jobs than their predecessors. And even better news is that wages for employees at private nonfarm … Continue reading

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Economic Impact: Time will tell how dangerous this simple curve is

Talk of recession has picked up again. The reason might sound complicated, but the principle is fairly basic. In financial parlance, we’re talking about the inversion of the yield curve. Here’s what that means … and how it might take … Continue reading

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Participation Rate for People in Their Prime Working Years is Growing

In Federal Reserve Chairman Jerome Powell’s semiannual monetary report to Congress last month, he said he was encouraged by the “solid” increase in the labor force participation rate over the past year. This rate represents the percentage of Americans 16 … Continue reading

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