The Vermont Economy

This is the VT Economy tag.

Jon Kalish / VPR File

A Burlington company that develops software and hardware for unmanned aerial vehicles, or drones, is the first company in Vermont to get a federal permit allowing the use of drones for commercial purposes.

The Shumlin administration is finalizing its plan to reduce state labor costs by almost $11 million in the next fiscal year.

Last January, officials predicted that as many as 300 state employees might be laid off. But under the new plan, this number will be drastically reduced.

Vermont’s unemployment rate fell two-tenths of 1 percent in April to 3.6 percent, according to data released by the state Department of Labor.

Data from the federal Bureau of Labor Statistics shows that Vermont’s April unemployment rate was tied with South Dakota as the fourth-lowest rate in the nation. Utah, North Dakota and Nebraska have lower unemployment rates. The national average in April was 5.4 percent.

Earlier this month we reported on a Waitsfield business owner who was trying a novel approach to selling her business

If successful, a new owner could ‘win’ the Mix Cupcakerie and Kitchen by simply writing an essay and submitting a cupcake recipe, along with a $75 entry fee.

But current owner Carole Keleher couldn’t simply give the business away for $75.

ejs9 / iStock

Andrea Craft is looking for a new place to live. But she's not having much luck.

"Most of the time I don't even really get the chance to apply for the apartment because people won't respond to my attempts to contact them," she says.

Steve Zind / VPR

A developer’s plans for land near the Randolph Exit on Interstate 89 could have statewide implications according to environmental groups. The property proposed for the development includes high quality agricultural land. 

Angela Evancie / VPR/file

Strange. Weird. Bizarre. Lawmakers, pundits and lobbyists have used all these words, and more, to describe the past 18 weeks in Montpelier. Amid all the drama, however, the Legislature managed to get some work done.

Manchester Confronts A Hotel Building Boom

May 21, 2015
Andrew McKeever / Manchester Journal

Back in the 1980s and '90s, Manchester became known as a retail outlet hub, with national brand name stores opening up and attracting crowds of shoppers and tourists. 

Now a new boom is underway in the scenic Bennington County town of 4,000 residents — but this one is driven by lodging, not retail.

Taylor Dobbs / VPR File

It's become a tradition for the governor to hold a slew of public bill signings around the state after legislators adjourn in the spring, declaring victory on some of the year's major policy agendas.

Two of Shumlin's top priorities this year were job growth through a revamped business incentive program and a beefed up water quality plan for Lake Champlain.

VPR/Steve Zind

The number of manufacturing jobs in Vermont has declined from historical highs. According to the Bureau of Labor Statistics, the state has shed 17 percent of manufacturing jobs in the past decade.