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Robert Stauffer

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Roanoke College
Salem, Virginia
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    E10-1 - [Cached Version]
    Published on: 9/16/2003    Last Visited: 12/13/2007  

    Robert F. Stauffer, Roanoke College, A New Money Multiplier

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    Hillside cleared for retail, office hub - [Cached Version]
    Published on: 2/13/2004    Last Visited: 2/13/2004  

    Growth in retail development is a sign of the area's economic viability, said Robert Stauffer, business professor at Roanoke College.

    "It's indicative that the local economy is doing well," he said."These companies do market studies.They're willing to bet a good chunk of money that the stores involved can do well."

    More retail has a ripple effect on other local businesses because it draws shoppers from surrounding cities, Stauffer added.

    Downsides to new retail moving into the area include increased competition for local stores, he said.

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    Manufacturers' global push - [Cached Version]
    Published on: 8/3/2001    Last Visited: 8/3/2001  

    Robert Stauffer , associate professor of economics in the Department of Business and Economics at Roanoke College in Salem , says Federal Reserve Chairman Alan Greenspan's six interest rate cuts have not produced any apparent snapback in the economy and that the long-term forecast for manufacturing is dim.
    ...
    We are looking for a slow economy for the rest of the year and we may be a little optimistic about the effect of the Fed's interest rate cuts , Stauffer says.There was an idea that we might get back to normal here pretty soon but that may not happen.Even the housing market in Virginia seems to be leveling off.Virginia's overall economy , however , is no longer driven by manufacturing.Of the state's 3.5 million jobs , about 400 , 000 are in manufacturing..

    Stauffer says that the state is predicting a decline in manufacturing jobs even after the present slowdown ends.It is clear that we are not in a recession , but the fact that growth has slowed so much makes it feel like we are in a recession.Economic performance was so good last year , about a 5 percent annual rate nationally , that we can really feel the change to a one-half percent growth rate , Stauffer says.We don't know what will happen over the next 12 months.Normally a slowdown lasts about a year.The data that will tell us when it has ended is about six months behind , a condition we call the 'recognition lag.'.

    Inflation , which could dramatically increase the difficulty of the manufacturing sector's condition , is maintaining a 2.5 percent to 3 percent rate , Stauffer says , and is not accelerating.

    Stauffer's greatest concern today is the miserable growth rate in productivity.The productivity rate is a measure of efficiency and helps control labor costs.It fell apart on us the first quarter and we see business cutting back production faster than it is laying off workers.That's troubling.

    We grew so fast for so long but we know demand simply can't remain at that level forever.
    ...
    You don't have to buy a new one , Stauffer says.

    Furniture , apparel and textiles , long the Blue Ridge Region's most prolific manufacturing industries , are very sensitive to foreign competition , Stauffer says.Basic structural problems like foreign price competition will make it hard for manufacturing to recover , but it will be even more difficult for steel.It is a different situation in steel , which is very , very competitive , Stauffer says.In steel , foreign competition is a paramount concern..

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    News from The Roanoke Times -Middle-aged couples drive... - [Cached Version]
    Published on: 8/19/2004    Last Visited: 8/19/2004  

    It's not surprising that people can afford expensive homes here, said Robert Stauffer, a business professor at Roanoke College and president of Stauffer Consulting.

    "We are a regional center in medical care and in banking and finance and in government," he said."There are high-paying jobs here.Overall prosperity has been good."

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    NewsAdvance.com | Development a hot topic in Bedford... - [Cached Version]
    Published on: 12/21/2006    Last Visited: 12/22/2006  

    Conducted by Robert Stauffer, an economist at Roanoke College and president of Stauffer Consulting, the study responded in part to a 2005 study conducted by the American Farmland Trust.
    ...
    "There is a total disconnect between the population growth and the number of homes," Stauffer said.
    ...
    Stauffer said new home construction added about 3.5 percent to the tax base without a reassessment.The county is in the middle of its reassessment, which is projected to increase property values an average of 70 percent countywide.

    "It seems to me that it's pretty clear that residential housing is paying for itself," Stauffer said.

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    Quebec City List of Attendees - [Cached Version]
    Published on: 10/13/2003    Last Visited: 7/8/2006  

    Robert F. StaufferRoanoke CollegeBus Admin & Economics DeptSalem, VA 24153USAOffice Phone: (540) 375-2427Fax: (540) 375-2577

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    Strong auto sales help the economy - [Cached Version]
    Published on: 1/18/2004    Last Visited: 1/19/2004  

    Robert Stauffer, a business professor at Roanoke College, said with the different rebates and discounts offered for vehicles, car sales aren't always an accurate basis for economic strength.

    They do indicate consumer confidence, he said.

    "If they are willing to take on the debt and buy a new car, it's indicative that they feel good about the future," Stauffer said.

    Surging house sales also have been considered one of the strongest elements of the economy during the past few years.

    Local car dealerships are seeing consistent sales.

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    The Pawtucket Times - National News - [Cached Version]
    Published on: 2/1/2005    Last Visited: 2/10/2005  

    Bob Stauffer, a consultant in the field and a professor at Roanoke College, said Sparks' opinion on the region's low unemployment rate is valid.

    Prospects are going to be leery of a low rate because it could indicate a difficulty in hiring workers, Stauffer said.

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    VCN -- E NEWS - [Cached Version]
    Published on: 4/1/2005    Last Visited: 6/28/2008  

    Bob Stauffer, Roanoke College- economics of property development-costs, benefits, compensation, value of green space;

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    roanoke.com - Business Stories - Roanoke to get new... - [Cached Version]
    Published on: 12/2/2004    Last Visited: 12/3/2004  

    Robert Stauffer, a business professor at Roanoke College, said if a new bank starts up in Roanoke, it means that "banking regulators feel that growth in the economy is enough to support a bank."

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