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.

Student Loan Defaults Increase

Household debt surpassed its 2008 recession peak in the first quarter of 2017, according to a recent report from the Federal Reserve Bank of New York. At $12.73 trillion, household debt stood at $149 billion or 1.2 percent above the … Continue reading

Posted in Economy, Education | Leave a comment

Demand Anticipated for Jobs in Health Care, Retail

What jobs will be in hot demand in the Richmond region during the next decade? Jobs in the health care and social assistance sector and in the retail industry top the list. For instance, the health care and social assistance … Continue reading

Posted in Economy, Health Care | Comments Off on Demand Anticipated for Jobs in Health Care, Retail

Manufacturing in Virginia: Producing More with Less

Manufacturing often gets a bad rap. That’s probably because the sector has declined by more than 4.9 million jobs since January 2000. The industry also has perception issues. Who wants to work in a dirty old factory with oil on … Continue reading

Posted in Economy | Comments Off on Manufacturing in Virginia: Producing More with Less

Increased military spending could benefit Virginia’s economy

Virginia stands to receive more benefit than any other state in the country under the president’s plan to increase military spending. In President Trump’s address to Congress last week, his plan “calls for one of the largest increases in national … Continue reading

Posted in Defense | Comments Off on Increased military spending could benefit Virginia’s economy

Economic Impact: President-elect Trump’s plans should support economic growth

Based on the increase in stock prices since the election, investors believe the Trump administration is going to usher in faster economic growth. Are they being too optimistic? Tax cuts for individuals and corporations, which is a key component of … Continue reading

Posted in Economy | 1 Comment