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.

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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Family Incomes Doing Well

Families in the Richmond region saw the rate of their inflation-adjusted incomes having the second fastest growth among all 383 metro areas in the nation. Median household income rose 5.3 percent in the Richmond metro area in 2017 compared with … Continue reading

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Economic Impact: Consumer confidence is running high

Consumer confidence was higher in August than it has been since October 2000. The Conference Board’s index, which is published monthly, reflects consumers’ perception of business health, employment and income for the current month as well as six months into … Continue reading

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Are Academic Course Requirements Out-of-Date?

Do we take calculus in high school because we need this skill in our future career, or is it what we historically needed to get into prestigious colleges? Continue reading

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The Impact of Defense Contracts on Virginia

Virginia’s dependence on defense contracts puts it in both an enviable and awkward position. It is enviable because firms in the state received more revenue from defense contracts performed than any other state in the nation in the federal fiscal … Continue reading

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