SWVTlogo Vermont’s economy began to grow again after the recession, but has since cooled off. Even before the recession, real economic growth was slow. And figures released in December 2015 show that Vermont’s gross state product—the value of goods and services produced in the state—was essentially the same in 2014 as it was in 2011, after adjusting for inflation.
F2-MJB085 Vermont added jobs in July, but half of that growth reflected seasonal adjustments in the number of teachers on local government payrolls. Private employers increased their payrolls by 1,800—the second best month this year—mostly just offsetting June’s losses. So far this year Vermont has added about 3,000 private sector jobs, but month-to-month growth has been volatile.       Minimal job gains Vermont saw more than 15 percent job growth in the 1990s, but since then the gains have slowed. In the last 25 years, Vermont’s job growth has beaten New England’s overall; only New Hampshire outperformed Vermont. Read more
Tomorrow, August 9, is primary day. Not the presidential primary, which Vermont held on Town Meeting Day in March. It’s the other one—the primary for state offices and the General Assembly. It’s time to choose party candidates for governor, lieutenant governor, secretary of state, state treasurer, state auditor, attorney general, and all 180 Vermont House and Senate seats. And this year, since some key incumbents are moving on or opting out, Vermonters are guaranteed new leadership in Montpelier. It’s August. Many people aren’t really thinking about November yet, or they’re on vacation or are so sick of the presidential race that they’re ignoring all things political. Read more



Quick News & Insight on the People’s Money

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The latest:
Per-Pupil Education Spending and Tax Rates, Fiscal 2016