A partnership among Geisinger Commonwealth School of Medicine, Keystone College, King's College, Lackawanna College, Luzerne County Community College, Marywood University, Misericordia University, Penn State Wilkes-Barre, The Wright Center, University of Scranton, and Wilkes University.
The new Economy Tracker is a quarterly publication covering economic and business trends in the region. The Willary Foundation is the Signature Underwriter and PNC and UGI Utilities are Contributing Underwriters.
Winter 2018 Edition: This edition discusses the small business sector contribution to our region's economy. The region has a robust small business sector that consists not only of small employers, but also of sole proprietors in a variety of businesses. The report also highlights the latest cost of living data which is a major regional asset. The region's ranks costs below many areas in Pennsylvania and the U.S. Finally, a number of other economic and business indicators are explored in this issue in an effort to provide insight to the business community.
Fall 2017 Edition: The Economic Tracker Fall 2017 edition dives deeper into Pennsylvania County migration patterns. Specifically, which counties are contributing to the growth or decline of another. The issue also highlights The Institute's recent research study commissioned by the Federal Reserve Bank of Philadelphia in support of the work of the Scranton Area Foundation's Equitable Transit Council and the recent summit in which Fed President Harker addressed an audience of 150+ in Scranton on October 17. Finally, regional composition of business and industry and labor market data is included. Economy Tracker Fall 2017
Summer 2017 Edition: This issue highlights high level migration patterns in the region. Specifically, what states are contributing to population growth and the states responsible for the region's population loss. The issues also highlights minority entrepreneurship statistics in the region. In 2015, The Institute implemented a polling program. The primary polls focus on the attitudes, interest, and perceptions of students in The Institute's higher education consortium. This issues summarizes the findings of their post graduation plans. The region's cost of living is a major competitive factor adding to quality of life. Read more about the region compared to other parts of the U.S. Economy Tracker Summer 2017
Spring 2017 Edition: This issue highlights the changing retail sector in the region and the challenges the global retail industry faces. The issues also highlights female entrepreneurship in the region. In 2016, The Institute previewed the Pillars of a Strong Community Index. This index measures and benchmarks the region in an index highlight four pillars of strong communities - economic, health and families, infrastructure and physical assets and community. The 2017 Index highlights the depicts the most current data and change from 2016. Economy Tracker Spring 2017
Winter 2017 Edition: This issue discusses the underemployed in the region and the economic struggles these workers face. The issues also highlights wage distribution among occupation groups and a feature on employment in the hospitality industry and its future job growth. Indicators on income and five year trends are presented. Economy Tracker Winter 2017
Fall 2016 Edition: This issue discusses the impact of small business on the region and the growing trend of entrepreneurship. The issues also highlights regional commuting patterns including that of supercommunters - the 8+ percent of residents that communte 75+ miles or more per day to work. Other articles include the 2nd quarter 2016 cost of living data and ten year trend analysis of average wages by sector. Economy Tracker Fall 2016
Summer 2016 Edition: This issue highlights the increase in demand for infrastructure jobs over the next 10 years. Additionally, it includes original Insitute research on financial literacy. There is also a section on the impact of the region's tourism economy and city level unemployment statistics. The traditional labor market data and selected economic indicators are also in this publication. Economy Tracker Summer 2016
Spring 2016 Edition: This issue discusses the impact of manufacturing on the regional economy and job forecasts for the next 10 years. Additionally, it discusses original Institute research that shows how local economic developers can work as a unit to attract new industry to the area and change the forecasted decrease in manufacturing employment in some sectors. This edition includes updated cost of living data and the cost of housing - specifically disproportionate increases in rent and tax burden on owners. Quarterly Economy Tracker - Spring 2016
Winter 2015 Edition: This issue discusses workforce and education, city level unemployment, regional income and inflation, and transportation barriers and growth. Quarterly Economy Tracker - Winter 2015
Fall 2015 Edition: This issue discusses regional impact of small business, labor force participation, a comparison of property tax burdens by county, growth in regional wages, and the true impact of the Great Recession on our region's economy. Quarterly Economy Tracker - Fall 2015
Summer 2015 Edition: This issue discusses regional infrastructure and its impact on the economy, our downtowns as centers of knowledge, and the impact of tourism on our region. Quarterly Economy Tracker - Summer 2015
Spring 2015 Edition: This issue discusses the link between higher education and lower unemployment in northeastern Pennsylvania. It also talks about home ownership and affordablility for most residents. Finally, the last feature focuses on the issue of poverty. Quarterly Economy Tracker - Spring 2015
Winter 2014 Edition: This issue focuses on healthcare employment, immigration and impact on employment, municipal indicators, education, and occupation data. Quarterly Economy Tracker - Winter 2014 - 2015
Fall 2014 Edition: This issue contains a feature on the growing distribution and ecommerce cluster along with articles including labor market data and geographic patterns in the job market. Quarterly Economy Tracker - Fall 2014