Our reports, visual content, and expert analysis covers a wide range of economic, public policy, industry, engagement, and advancement issues.
An Assessment of the CBO Cost Estimate of S. 1895: The Unintended Economic Consequences of the Proposed Healthcare Price Control System
This report examines the Congressional Budget Office’s assessment of the Lower Health Care Costs Act (S. 1895, Section I) and identifies the unintended negative consequences of the bill. The Act was intended to address surprise medical bills, but in doing so sets price controls for all physicians. CBO’s assumptions are unrealistic, and the bill, if enacted, could have serious impacts on the quality of and access to healthcare.
This report quantifies the positive economic benefits of the VA Home Loan Guaranty program on veterans, their families, and the U.S. economy. An increase in VA funding fees would have significant negative impacts on VA loan originations and other economic activities sparked by home purchases. Under the current environment of rising interest rates, an increase in the VA funding fee schedule would have severe negative impacts on veterans, their families, and the U.S. economy.
Empirical evidence shows that employment arbitration is an effective process for resolving employment disputes. While litigation is a long and often burdensome process with many rules and requirements, arbitration is simpler and more flexible. We used a robust dataset from the largest employment arbitration providers and a national litigation database to analyze and compare arbitration and litigation in recent years.
When comparing across industries, a profitability assessment based solely on net profit margin is inappropriate. A meaningful assessment of the financial performance of companies and industries requires additional financial measurements, such as adjusted ROE which brings the value of intangible assets created by R&D into the equation.
Unlocking the digital potential of rural America is vital to economic growth. While accounting for nearly 15% of the adult population and covering over 72% of the land, annual revenues of businesses located in rural areas make up less than 10% of the U.S. economy. The use of digital technologies, including access to high-speed internet and online tools, is gaining popularity in rural areas because they create opportunities for small businesses. We combined a survey with official statistics to estimate the economic impact of digital technologies on rural small businesses.
Assessing the Impact of Alternative Repayment Rate Policies on Educational Institutions and Students
Policymakers are considering new measures to determine federal financial aid eligibility for post-secondary education. As proposed policies are introduced and debated, decisionmakers must consider any negative unintended consequences. In this study, we evaluated three different policy scenarios and measured the impact on both students and institutions.
During the past 45 years, each Congress has introduced an average of 11,000 bills. Out of those 11,000 bills, less than 5% actually became law.
Commercial vehicle drivers are in high demand within the trucking and bus industries. In fact, the American Trucking Association estimated that there was a shortage of 50,000 truck drivers in 2017. Using available data of 33 states, we estimated that nearly half of the estimated 669,688 initial CDL skills tests and retests experienced delays in 2016, totaling over 6.4 million days of delays.
The many benefits of smart cities can only be realized through high speed connectivity such as 5G. Bonnie Pierce, Managing Director of ndp | analytics, premiered this video during her panel, "What Can 5G do for Smart Cities?”, at the 2018 DC5G Conference. For a smarter tomorrow, choose 5G today.
When it comes to the topic of rising drug prices, critics often focus on the high profits of biopharmaceutical manufacturers, not the profitability of the supply chain. Although the profit margins of manufacturers seem higher than companies along the supply chain, a closer look reveals a very different conclusion.
Small businesses are vital for America. However, these businesses routinely lack access to necessary capital to maintain and expand operations. Online lending fills this critical gap for small businesses. The economic impacts realized by small businesses, local communities and the United States overall are significant.
Food trucks continue to be vehicles for entrepreneurial opportunity and economic growth. Government regulators, though, have been slow to adapt their rules to this new breed of entrepreneur. From Boston to Washington, and San Francisco to Seattle, food trucks today continue to navigate tangled bureaucracies and costly processes. With the U.S. Chamber of Commerce Foundation and its partners, Food Truck Nation explores the regulatory burden faced by food truck owners across 20 cities in the United States.
The U.S. animal health industry is a global leader in developing and producing medicines for companion and food-producing animals. In the U.S., the industry’s products improve the health of nearly 10 billion companion and food-producing animals, resulting in significant economic and social benefits for Americans.
The Internet of Things (IoT) is growing exponentially. Government, businesses, and individuals all rely on technology and devices to improve efficiently, increase security, and improve daily life. For consumers, these benefits are largely realized in two verticals: home and auto IoT. In both verticals, interoperability is key to realizing the full value of IoT.
Recent R&D and economic data across industries once again confirm the crucial role of innovation on long-term economic productivity and growth. IP-intensive industries outperformed non-IP intensive industries across key economic measures. Workers in innovative industries disproportionately create more economic value and earn higher wages than their counterparts in other manufacturing industries. IP-intensive industries cut less jobs during the economic downturn and added more jobs during the economic recovery than their counterparts non-IP-intensive industries.
The American Chemistry Council partnered with ndp | analytics to showcase the importance of the chemical industry and the essential role it plays in international trade.
Project-Based Rental Assistance (PBRA) is a crucial program that provides assistance to working families, the elderly, and the disabled. All areas of life are improved with access to decent and stable housing. PBRA assists 2 million individuals and families and creates cost savings for governments and economic activity in communities. This research measures of impact of PBRA across America.
Recognizing the short- and long-term benefits of data centers to communities, many state and local governments have devoted resources to attract data centers to their areas. Local policy makers have introduced business-friendly policy measures such as sales tax exemption, infrastructure grants, and property tax abatements or exemptions. These incentives drive companies to build data centers and invest in the surrounding area, creating significant economic and social benefit to the local community.
Government regulations have a disproportionate impact on small businesses and free enterprise in America. This study assesses the impact of regulations on America’s small businesses as well as existing approaches to regulatory reform. The results provide distinct insights for the business community to help it comply with, and push back, the regulatory state.
This diversity in the app industry makes it difficult for companies to benchmark themselves against one another and little research has been published that provides meaningful information on performance and operations. To address this issue, this report provides insights on app performance, user management, and business operations for consumer-facing app publishers.
Evidence shows that innovation and creativity are key drivers for economic growth and prosperity in both developed and developing countries. As the leading country globally, intellectual property (IP)-intensive industries drive America's jobs and economic growth in each and every state.
IP-Intensive industries are integral to U.S. economic success, having outperformed non-IP-intensive industries in all key economic measures during the past 15 years. This report explores the role of IP-intensive manufacturing industries as a driver of innovation and economic productivity.
STEM fields lead to innovation and economic growth. More than 6.6 million STEM jobs need to be filled by 2022, outpacing non-STEM job growth by 6%. In order to fully reach that potential and for the U.S. economy to continue to be competitive, women are needed in both STEM fields of study and professions.
More than 1.2 million beauty professionals provide essential services to almost every American during economic upturns as well as downturns. This report details the health, safety and economic contributions of the professional beauty industry and the critical role professional beauty licensing plays in protecting those contributions.
In its 2015 budget plan, the Obama Administration revisited proposals of alternative metallic materials aiming to reduce the production costs for U.S. coinage. This report uses official data to quantify the costs and benefits of changing the materials of construction to produce U.S. nickels, dimes, and quarters. The analysis finds that the costs to retrofit over 13 million coin-operated machines outweigh the benefits to the U.S. Mint between 10 and 27 times.
The United States Postal Service (USPS), established by the U.S. Constitution, has served the American public and its businesses for more than 200 years. The USPS is the foundation of the U.S. mailing industry and many other industries that rely on the existing USPS infrastructure to deliver their products to final destinations. This report demonstrates the important role and contributions of the USPS to U.S. consumers, businesses, and the overall economy.
Cities are the engines of economic growth in the United States. Our cities thrive on innovation, expansion of small business enterprises, and entrepreneurship. The success and failures of cities, small businesses, and entrepreneurs will depend heavily on efficient regulations and rules that enable advancement and future prosperity. The Enterprising Cities: Regulatory Climate Index 2014 compares and ranks the efficiency of local regulations that applies to small businesses in 10 cities across America.
IP-intensive industries generate a significant share of U.S. economic growth. This report quantifies the impact that IP-intensive manufacturing industries would have on the economic growth created by a prospective Trans-Pacific Partnership. Our analysis shows that two-thirds of these economic benefits for the U.S. economy and the 11 partner countries would come from IP-intensive manufacturing industries.
The Economic Benefits of Global Navigation Satellite System and its Commercial and Non-Commercial Applications
The application of GNSS technology in a number of market segments has delivered enormous benefits to both global and the U.S. economy. Like other innovative products and services, the GNSS industry directly creates jobs and economic activities to support the economic growth.
The Contribution of Private Sector Colleges and Universities to IP-Intensive Industries in the United States
Private sector colleges and universities play a vital role in the labor market, global competitiveness, and ultimately growth of the U.S. economy. By providing applicable, market-based skills and education, private sector schools enable their graduates to find better jobs and earn higher incomes in strong growth industries.
The retirement savings system in the U.S. has proven to be highly successful, with participation and retirement assets both rising steadily over time. The introduction of new products, the increase in contribution limits, the improvement in financial literacy, and the introduction of automatic enrollment and automatic escalation features have all contributed to this success. These strong features of our retirement system must be reinforced to build the retirement savings base to ensure adequate replacement rates of income for retirees.
This study estimates the economic contributions of the land title industry to the U.S. economy and examines the vital role title and escrow services play in supporting the American property system. The report then assesses the negative effects of the Consumer Financial Protection Bureau's proposed rules on the settlement process.
This report assesses the EPA’s assumptions and conclusions present in its cost-benefit analyses for six of its proposed regulations. It confirms the results of other independent assessments that the impact of these emerging regulations on the U.S. economy—particularly on the U.S. manufacturing sector— would be far more severe than EPA estimates.
Intellectual property is a proven driver of U.S. economic growth. This report captures the total economic benefits of IP-intensive companies to 50 states and the District of Columbia. The state-by-state fact sheets show the economic impact on employment, exports, output, and wages impacts.
The advent of the Global Positioning System and its subsequent commercialization has delivered enormous benefits to the U.S. economy. Productivity gains, input cost reductions, time savings, and environmental, health, and safety benefits are among the various fruits of GPS commercialization.
China’s rapid industrial growth in the past three decades—averaging nearly 12% per year—has fueled a surging demand for energy. China’s demand for energy continues to grow and is expected to account for a quarter of global energy consumption by 2035.
Innovation is a key determinant of the global competitiveness of American businesses. IP-intensive companies contribute substantially to U.S. output and employment and generate a large number of well-paying jobs. The innovation emanating from these companies is a key driver of sustained long-term economic growth and productivity.
The Impact of Innovation and the Role of IP Rights on U.S. Productivity, Competitiveness, Jobs, Wages and Exports
Intellectual property rights and innovation are primary drivers of job creation and American economic growth. IP-intensive industries—such as life sciences, software, and aerospace—are succeeding globally, driving innovation, and investing heavily in research and development; this in turn grows the economy by creating jobs and driving exports in a variety of different careers and trades.