News
Vermont's tax revenues exceeded targets for the General Fund and Transportation Fund, but the Education Fund fell below its target for the month as revenues, in general, continue to show a slow recovery from the severe, three-year-old economic downturn.
In Vermont the annual direct costs to the economy attributable to smoking were in excess of $652 million, including workplace productivity losses of $138 million, premature death losses of approximately $221 million, and direct medical expenditures of $293 million, according to a new study by the American Lung Association.
The City of Burlington announced today that a GIS (’Geographical Information System’) feature is available on the City’s Website. GIS integrates a variety of informational categories, or ‘layers,’ with an interactive map of a particular geographic area.
Governor Jim Douglas today announced he will be leading a delegation of Vermont employers to Asia next month to promote investment through the EB-5 Investor Program. The Vermont EB-5 Regional Center is run through the Agency of Commerce and Community Development and has raised over $100 million in new capital for companies and projects in Vermont.
With both the Rural Energy Savings Program Act today moving out of the US House and into the US Senate and the Small Business Job Creation Act moving the other way, two bills heavily supported by Vermont's congressional delegation are moving closer to becoming law. The jobs bill especially has been contested for several months.
IBM (NYSE: IBM) today announced innovative new chip-making technology for power-management semiconductors ‘ the company’s first foray into a segment seen as critical to the development of alternative energy sources, smart buildings and new consumer devices.
The US Small Business Administration (SBA) is accepting nominations for the 2011 Vermont Small Business Awards. Each year, SBA showcases and recognizes successful and inspiring small business owners and business champions.
The Senate Judiciary Committee Thursday unanimously approved bipartisan legislation to repeal exemptions to the Freedom of Information Act (FOIA) for the Securities and Exchange Commission (SEC) that were enacted as part of the Wall Street reform bill, which was signed into law in July.
Ken Gibbons, President and CEO of Union Bank, today announced the opening of a new Union Bank Loan Center at 30 Kimball Avenue in South Burlington. The office will focus on residential mortgage loans in Chittenden County initially, with expansion into other product areas planned.
Average retail gasoline prices in Vermont are $2.681 per gallon, as of today. This compares to the national average of $2.751/g. Burlington have fallen 2.1 cents per gallon in the past week, averaging $2.684/g, according to gasoline price website. The Vermont site with actual gas station reports can be found at www.vermontgasprices.com.
For the week of September 11, 2010, there were 674 new regular benefit claims for Unemployment Insurance, an increase of 46 from the week before. Altogether 7,378 new and continuing claims were filed, a decrease of 724 from a week ago and 2,426 fewer than a year earlier.
Senator Patrick Leahy (D), Senator Bernie Sanders (I), and Congressman Peter Welch (D) today announced a new report detailing the American Recovery and Reinvestment Act’s impact on Vermont’s clean energy economy.