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News & Press: 2018 Member News

Chmura Connection - Tax Cuts, R&D Employment, and More!

Tuesday, January 23, 2018  
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Economic Impact: Tax cuts, reform likely to set new records for U.S. recovery

 

Sometimes it’s hard to believe that this expansion is already more than eight years long — only 18 months short of the record 120-month expansion that occurred from March 1991 to March 2001. Some analysts are concerned about a recession occurring over the next year or two. From our view, the tax cuts and reform just passed by Congress and signed into law by President Donald Trump increase the probability that this expansion will enter the record books.

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R&D Employment: Innovation and Growth

Studies show a positive relationship between innovation and growth. Companies with ahigher degree of R&D orientationgrow faster than other firms. Further,also experience faster economic growth.

On average,half of all R&D expenditures are attributed to labor costs, underscoring the key role of a skilled workforce in driving innovation. Indeed, examining the employment in occupations and industries most heavily associated with research and development reveals a strong relationship with faster employment growth.

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Our Most Popular Blogs of 2017

This year on our blog we dug into applications of real-time intelligence data, explained changes to classification systems and forecasts, peeked behind how JobsEQ handles certain calculations and data, and a lot more. As we look forward to all the new content to come in 2018, here are our most popular blog posts from this year. In honor of counting down the new year, the top ten posts are sorted from least to most read.

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Upcoming Events


Chmura will attend two conferences in January 2018:

  • The International Economic Development Council (IEDC) Leadership Summit is in Las Vegas on January 28-30 with the theme of “Betting Big on Innovative Economic Development.” Chmura is a Chairman’s Club sponsor and will be exhibiting as well.
  • In New Orleans from January 30 through February 1, Chmura will exhibit at the American Association of Community Colleges (AACC) Workforce Development Institute. This conference will focus on “Exploring Intersections.”

 


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