Economics

There is a perception that cultural differences between different groups in society are growing larger. Rich and poor, black and white, male and female, conservative and liberal, and more or less educated have different attitudes, consumer behavior, media diet, time use, and give their newborns different names. However, a new paper by Marianne Bertrand and Emir Kamenica finds little support for this perception. Across the five groups and five cultural components, they find little change over time in 21 categories. That is not to say that people of different income

More than 6 million dollars are expected to flow into the Augusta area in November. Destination Augusta and the Augusta Sports Council say visitors attending meetings, reunions, events, and sporting events in Augusta’s River Region will generate at least $6,259,939 in total estimated economic impact (EEI) in November 2023. Both organizations agree that recruiting and hosting these various activities play a critical role in sustaining the nearly 27,000 jobs that are part of the Leisure and Hospitality Industry, the fourth largest employment sector in the metro area. Total EEI is

Representatives from big businesses, small business owners, and economic development experts filled Augusta & Co. on Broad Street with a common goal: Support the Nov. 7 vote to pay for a new James Brown arena. A Nov. 3 news conference coordinated by the Augusta Metro Chamber of Commerce brought together leaders of The Augusta Economic Development Authority (AEDA, Augusta Sports Council, Augusta Tomorrow, the Downtown Development Authority (DDA), and Destination Augusta. Dennis Trotter of Jordan Trotter Commercial Real Estate and current chairman of the Augusta Chamber, said approving the referendum