Recent Reports and Studies Worth Reading / January 7, 2013

Michigan’s Economic Outlook and Budget ReviewMichigan Senate Fiscal Agency

“The Michigan economy, as measured by inflation-adjusted personal income, is estimated to grow 0.4% in 2013, 2.1% in 2014, and 1.7% in 2015, after rising 1.8% in 2012. Wage and salary employment is predicted to continue growing, increasing 0.6% during 2013, 0.9% in 2014, and 0.5% in 2015. The wage and salary employment increases in 2011 and 2012 mark the first time since 2000 that employment has risen in two consecutive years.”


Cal Facts 2013 Mac Taylor, Legislative Analyst’s Office

“With a state as big, as populous, and as complex as California, it would be impossible to quickly summarize how its economy or state budget works. The purpose of Cal Facts is more modest. By providing various “snapshot” pieces of information, we hope to provide the reader with a broad overview of public finance and program trends in the state.”


Debt Impact Study: Analysis of NY State’s Debt BurdenNY State Comptroller

“Longstanding concern over New York’s high debt levels, debt service costs, and imprudent use of borrowing led the Legislature to impose limits on State debt and enact related reforms in 2000. In the years since, outstanding debt has risen to the point where the State is approaching its statutory limit. As a result, meeting essential capital investment needs in transportation, education, environment, health and mental hygiene, and economic development will be an increasing challenge in the years to come.”


Transmission and Distribution InfrastructureHarris Williams & Co.

“The U.S. transmission and distribution (“T&D”) industry is expected to demonstrate significant growth in the future, driven by long-term, secular trends including (i) stable, growing demand for electricity; (ii) decades of under-investment in the transmission grid resulting in pent up demand for replacement of aging infrastructure; (iii) targeted government initiatives and stimulus to improve the existing T&D grid; and (iv) the proliferation of renewable power generation sources, such as wind and solar, which require greater T&D investment.”


The Water Efficiency and Conservation State ScorecardAlliance for Water Efficiency / Environmental Law Institute

“The sustainable management of our fresh water resources is a crucial component of supporting future population and economic growth. State laws and policies can be a powerful mechanism to promote the efficient use of water. This report describes research efforts taken to identify and assess state-level laws and policies related to water efficiency and conservation.”


Uncompensated Hospital Care Fact SheetAmerican Hospital Association

“U.S. hospitals provided $41.1 billion in uncompensated care in 2011, according to the latest data from the AHA’s Annual Survey of Hospitals. That’s $1.8 billion more than in 2010. The total includes bad debt and charity care (services for which hospitals neither received nor expected payment because they determined, with help from the patient, the patient’s inability to pay). It does not include Medicaid and Medicare underpayment.”


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