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Economic Competitiveness

Chamber launches GMERG, hires executive director

January 19, 2023 by Amy Daniels

MEMPHIS, Tenn. (Thursday, Jan. 19, 2023) – The Greater Memphis Chamber today announced a new name, leadership, and staff additions for its economic research and analysis arm, which has been renamed the Greater Memphis Economic Research Group, or GMERG (pronounced “G-merge”).

[Read more…] about Chamber launches GMERG, hires executive director

Filed Under: General Tagged With: Economic Competitiveness, Economy, research

Monitoring Recovery | Indicators to Watch (September 2021)

October 1, 2021 by Amy Daniels

September 30, 2021 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

[Read more…] about Monitoring Recovery | Indicators to Watch (September 2021)

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch (July 2021)

July 29, 2021 by Amy Daniels

July 29, 2021 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

[Read more…] about Monitoring Recovery | Indicators to Watch (July 2021)

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch 4/29/2021

April 29, 2021 by Amy Daniels

April 29, 2021 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

With the release of the January 2021 unemployment numbers on March 19, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery from the March/April 2020 contraction.

[Read more…] about Monitoring Recovery | Indicators to Watch 4/29/2021

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch 3/30/2021

March 30, 2021 by Amy Daniels

March 30, 2021 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

With the release of the January 2021 unemployment numbers on March 19, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery from the March/April 2020 contraction.

[Read more…] about Monitoring Recovery | Indicators to Watch 3/30/2021

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch 2/8/2021

February 9, 2021 by Amy Daniels

February 8, 2021 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

With the release of the December 2020 unemployment numbers on February 3, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery from the March/April 2020 contraction.

[Read more…] about Monitoring Recovery | Indicators to Watch 2/8/2021

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch 11/3/2020

November 6, 2020 by Amy Daniels

November 3, 2020 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

With the release of the September 2020 unemployment numbers on October 28, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery from the March/April 2020 contraction.

[Read more…] about Monitoring Recovery | Indicators to Watch 11/3/2020

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch 10/2/2020

October 2, 2020 by Amy Daniels

October 2, 2020 – To build an understanding of the current market trends that are impacting the Memphis Metro area, the Chamber has been releasing monthly updates to our economic recovery.

To best gauge and position insights related to market activity, we are looking at the region through two lenses. The first is through the lens of traditional monthly indicators. These measures include the lower frequency jobs and unemployment figures and are often seen as lagging indicators of labor market activity. The second lens is through higher frequency weekly indicators. These measures include weekly unemployment insurance claims and job postings. Often, the higher frequency indicators are seen as leading indicators and can signal worsening or better employment outcomes for the region against the monthly reports.

With the release of the August 2020 unemployment numbers on September 30, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery from the March/April 2020 contraction.

[Read more…] about Monitoring Recovery | Indicators to Watch 10/2/2020

Filed Under: General Tagged With: Economic Competitiveness, Economy, Market Trends

Monitoring Recovery | Indicators to Watch and Metrics that Matter

September 5, 2020 by Amy Daniels

July 2, 2020 – To build an understanding of current labor market trends and conditions that are impacting the Memphis Metro area, the Chamber will release an update to our economic recovery in two-week intervals. With the release of the May 2020 unemployment numbers on July 1, these updates will provide a key snapshot of where the Memphis market sits as it relates to a recovery in the local economy.

[Read more…] about Monitoring Recovery | Indicators to Watch and Metrics that Matter

Filed Under: General Tagged With: Economic Competitiveness

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