OECD sees economic recovery strengthen Oct 10, 2009
It said the indicators, which gauge turning points in economic cycles but are not a straight-forward measure of economic growth, even pointed to "potential expansion" from earlier levels in the measure for France and Italy. The overall indicator for the 30-nation OECD zone was up 1. (Business Report, South Africa)
PBS' 'Craft in America' Oct 8, 2009
A beautiful handcrafted object, at once a unique expression of place, material, technique and style, exudes the kind of soulfulness that outlasts decorating trends and economic cycles. And the very act of creating such objects, of making something authentic and individual, can be a way of injecting deeper meaning into everyday life. (San Francisco Chronicle)
Banks quit business confidence surveys Oct 7, 2009
But their absence creates a gap in the historical data going back to the start of the last boom-and-bust in the early 1990s, providing insight into Hawaii s business community through a range of economic cycles. Macroeconomic data involving the nation or the world is easy to find, but local economic data is more elusive, said Sung Won Sohn, former chief economist at and a professor at California State University-Channel Islands. (Pacific Business News, HI)
* IMF predicts lower crisis losses Oct 1, 2009
The IMF said its analysis suggests that US banks are more than halfway through the loss cycle to next year, whereas in Europe loss recognition is less advanced, reflecting differences in the regions economic cycles. A top IMF official said that the conference in Istanbul was taking place just over a year since the Lehman Brothers bankruptcy triggered the sharpest phase of the global financial crisis. (Taipei Times, Taiwan -- World Business)
World economy improving, estimated crisis losses reduced by US$600bil Sep 30, 2009
The IMF said its analysis suggests that U.S. banks are more than halfway through the loss cycle to 2010, whereas in Europe loss recognition is less advanced, reflecting differences in the regions' economic cycles. A top IMF official noted that the conference in Istanbul was taking place just over a year since the Lehman Brothers bankruptcy triggered the sharpest phase of the global financial and economic crisis. (The Star Online, Malaysia)
Ding-dong, recession is dead Sep 26, 2009
it is perhaps important on some level to understand when these economic cycles begin and end. But it probably doesn't matter much to the laid-off factory worker or the family facing foreclosure. (Daytona Beach News Journal -- Local)
Read the 'Cost of Freedom' recap Sep 22, 2009
A lot of countries eventually get out of bad economic cycles if they manufacture something and have something to sell in the global economy. We've evolved I think to mostly a service-based economy. (Fox News)
East Africa: Region to Have a Common Currency By 2012 Sep 21, 2009
"The partner states should experience synchronous economic cycles, similar external shocks as well as similar inflation and growth rates. Income levels may also be important," said Mr Kingi. According to the minister, the talks on Monetary Union are progressing well among the member states. (allAfrica.com)
Oprah Winfrey Would Love This Inspirational Saga, Explains ScanMyPhotos.com Sep 18, 2009
It inspires other businesses not to give up during challenging economic cycles and threatening technology transformations. By reaching out to Oprah and hopefully becoming part of her Favorite Things, our story can rekindle entrepreneurial passion by others to also reinvent and recalibrate how they do business, said Goldstone, President. (Yahoo! Wire -- Entertainment News)
Hawaii museums slash budgets Sep 15, 2009
"We'll always have some role in the community here; that's important to keep in mind when you weather these economic cycles and storms.". National crisis. (Honolulu Advertiser)
Editorial Board's Opinion: Learning is a vital part of jobs picture Sep 5, 2009
As in both life and economic cycles, there s good news and less-than-good news as we head into the final months of recession-ravaged 2009. The half-full part of this glass is that, thankfully, the economic bad times we ve endured seem finally to be heading toward the exit. (Atlanta Journal-Constitution -- Opinion)
Kenneth Knepper: Creative ideas for financial peace of mind Sep 1, 2009
Interestingly, they are less-affected during economic cycles, even though I ve heard many people say their 401(k)s have driven them to drink. I suppose that would be a way to support your investment. (Belmont Citizen Herald, MA)
Off-cycle industries boost Kauai economy Aug 30, 2009
The farming industry is another field that does not rely heavily on economic cycles. The agricultural sector also marches to its own drum rather than following the fluctuations in tourism and construction, Laney said. (Lihue Garden Island, HA)
Pittsburgh 100: Raptor Partners Aug 29, 2009
We want to be advisers throughout economic cycles. Wolfanger spent the first half of his career on Wall Street and the past 15 years in Pittsburgh, working for PNC Financial Services Group Inc. and Parker/Hunter, which is now Janney Montgomery Scott, before starting his own company. (Pittsburgh Business Times, PA)
Managing Supervisors in a Tough Eco... Aug 28, 2009
When mentoring newer supervisors, explain personal challenges and share stories of what has worked during previous tough economic cycles. Offer a glimpse into personal habits and share tips that work. (Suite101.com)
Posey has his say on birthers, insurance Aug 27, 2009
These are natural economic cycles. We are prolonging the pain here. (Florida Today)
Selected recent California newspaper editorials Aug 27, 2009
Politicians cannot control economic cycles, but neither are they powerless to respond. Smart, careful steps can slow the bleeding and speed the state's recovery. (San Francisco Chronicle -- Crime)
Marcial: Time to Hop Aboard Genesee & Wyoming? Aug 26, 2009
Even so, major rail companies whose cargoes are far less sensitive to economic cycles should continue to book decent profits. Page. (BusinessWeek)
Your 10 questions Aug 22, 2009
We are sometimes chided for being overly conservative and that is precisely guided by this mantra of sustainable profitable growth that can withstand the downside of economic cycles and allow us to be opportunistic even during difficult economic times. Also for everyone, a lesson learned that the downside scenarios and black swans deemed unlikely and academic has happened and, well, if we do not heed the lessons, it will happen again. (The Star Online, Malaysia -- Business)
Supply concern may lift CPO to RM3,000 Aug 21, 2009
Sime Darby Technology Centre Sdn Bhd senior vice-president II and Quantum Leap R K. Harikrishna said historical data showed that demand for palm oil as a food product had always risen despite peaks and troughs in economic cycles. CPO price cycles have been influenced by supply and demand dynamics impacted by economic conditions. (The Star Online, Malaysia -- Business)
Leading indicators signal recession's end Aug 21, 2009
The National Bureau of Economic Research, which officially calls the beginning and end of economic cycles, has in the past set an end-date to recessions after several consecutive months of gains in the leading indicators, he said. But even when the downturn is over, "it's still going to feel like a recession to the average consumer, the average business," Goldstein said. (MSNBC -- Business)
Jack Henry & Associates Fiscal Year Ends With 5 Percent Increase in Earnings Per Share Aug 19, 2009
Tony Wormington, President, said, "Despite the recession's impact on our ability to earn new customers and expand existing customer relationships at historic levels, our solid balance sheet, conservative business principles, recurring revenue, long-term contracts, large and loyal customer base, and diversified product offering enabled us to continue to generate solid financial results during fiscal year 2009. For 33 years, our company has prospered in a highly competitive and consolidating... (PR Newswire)
Oi Posts Second-Quarter Loss of 146 Million Reais on Acquisition Expenses Aug 14, 2009
Standard & Poors raised the companys yesterday to investment grade, citing a resilient performance through economic cycles and the successful funding of the Brasil Telecom acquisition. We expect the recent wave of consolidation in the industry to promote more-prudent financial and client acquisition policies, increasing cash generation, and consequently, better credit measures, analysts and wrote in a note to clients. (Bloomberg -- Latin America)
Stocks Rise to Highest Since October on U.S. Jobs Report, Machine Orders Aug 10, 2009
Foodmakers and electricity generators, which were the biggest drags on the Topix, are considered defensive by investors who see them as more insulated from a slowdown in the economy than equities that rise and fall with economic cycles. Rising Bankruptcies. (Bloomberg -- Japan)
Construction industry loses 5,900 jobs Aug 9, 2009
Many nonresidential construction activities tend to lag behind broader economic cycles, including commercial/office construction, Basu said. However, the impacts of the stimulus package passed in February should become significantly clearer during the next six to 12 months, and this will help nonresidential construction employment stabilize during that period. (Louisville Business First, KY)
Bonavista Energy Trust Announces Second Quarter Results Aug 7, 2009
Our management team and Board of Directors possess extensive experience in the oil and natural gas business, navigating successfully through many different economic cycles utilizing a proven strategy consisting of strict cost controls and prudent financial management. Directors, management and employees also own approximately 15% of the Trust after giving effect to the recent financing, resulting in a close alignment of interests with all Unitholders. (CCNMatthews Press Releases)
Red Lion Reports Second Quarter 2009 Results Aug 6, 2009
Such risks and uncertainties include, among others, economic cycles; international conflicts; changes in future demand and supply for hotel rooms; competitive conditions in the lodging industry; relationships with franchisees and properties; impact of government regulations; ability to obtain financing; changes in energy, healthcare, insurance and other operating expenses; ability to sell non-core assets; ability to locate lessees for rental property; dependency upon the ability and experience... (PR Newswire)
* Two years after the crunch, are we any wiser? Aug 5, 2009
There was quiet optimism that house prices would continue rising, though perhaps more slowly, and many dared to believe in new British Prime Minister Gordon Brown, who confidently declared that the boom-to-bust economic cycles that had devastated economic life in the 1970s and 1980s were a thing of the past. On Aug. 9, however, French bank BNP Paribas revealed it was struggling to value some of its mortgage-backed assets, sparking panic in the financial markets. (Taipei Times, Taiwan -- Sports)
How to Increase Clientele in a Down... Jul 30, 2009
During poor economic cycles many corporations attempt to survive while a small few continue to thrive. This article discusses how to gain market share in difficult times. (Suite101.com)
Index points to US recession end Jul 27, 2009
Mr Bandholz said he expected the National Bureau of Economic Research, the official arbiter of American economic cycles, would eventually conclude that the recession bottomed out in August or September this year. If that proves accurate, the recession that began in December 2007 will have lasted 21 or 22 months, making it the longest downturn since the Great Depression. (Sydney Morning Herald -- Business)
25 Firms Could Threaten the Financial System Jul 26, 2009
The cites the National Bureau of Economic Research, the, "official arbiter of American economic cycles," as saying the economy might bottom out in the next month or two. "There are caveats to the forecast, of course." And the whole thing could end up being a W-shaped recovery, "in which early gains are followed by weaker figures.". (Slate)
Minimum Wage Hike Raises Recession Fears Jul 25, 2009
Why are all CONServitards so economically-challenged, and really have no clue to the history economic cycles and that jobs are the last thing to appear in any recovery. by Mortarman29 July 24, 2009 8:42 AM EDT. (CBS News)
Leading index's good vibes Jul 25, 2009
Bandholz said he expected that the National Bureau of Economic Research, the official arbiter of American economic cycles, would eventually conclude that the recession bottomed out in August or September of this year. If that proves to be accurate, the recession that began in December 2007 will have lasted 21 or 22 months, making it the longest downturn since the Great Depression. (Albany Times Union)
Nation needs comprehensive, flexible immigration reform Jul 22, 2009
Family reunification remains a basic and valuable goal, but employment-based immigration and temporary-worker programs should be allowed to fluctuate with economic cycles, rather than being subject to rigid quotas. That means numbers should go up when the economy grows but fall during recessions. (Atlanta Journal-Constitution -- Opinion)
Senate Folly, Fonts, and Furry Wankers Jul 18, 2009
Ignore all that doom and gloomaccording to the Economic Cycles Research Institute, key indexes have all been trending the right way for long enough to indicate an honest-to-God recovery. It doesn't mean your job's coming back, though. (Slate)
Student housing tower planned for South Loop Jul 16, 2009
The sector is considered less vulnerable to economic cycles than other property types, like condos, apartments or hotels. Mr. Giles says he has been planning his project for about two years and never considered building condos on the site, a former parking lot for a police station that has sat vacant since 2002. (Crain's Chicago Business)
Hungary Scores Over Poland on Curbing Budget Deficit, Deutsche Bank Says Jul 8, 2009
6 percent surplus of GDP in 2010, adjusting for fluctuations in economic cycles, the best fiscal performance among its 30 members, the Organization for Economic Cooperation and Development said on June 24. By the same measure, the OECD predicts a 6. (Bloomberg -- Europe)
Savings Bounce May Be Upside To Downturn Jul 8, 2009
Comparatively, this period was the economic photo negative of the Depression (1929-45) a tremendous break from the boom-and-bust economic cycles America has always encountered. The economy seemed "solved." An almost economic invincibility appeared one that even when interrupted was only mildly and momentarily so. (Investors Business Daily)
How Golden State sank into budget morass Jun 29, 2009
The current budget crisis is "partly political, partly institutional and partly because of decisions California has made," he said, "which is to have its greater portions of revenues come from places that are sensitive to the economic cycles. Fundamentally, we're experiencing a cumulative effect of a whole bunch of initiatives over the past 30 years.". Such "ballot-box budgeting" has set aside funding for everything from stem cell research to mental health programs. (San Francisco Chronicle)
UK Defence Sector Well Poised for Growth Despite Global Recession, Says Frost & Sullivan Jun 25, 2009
LONDON, June 25 /PRNewswire/ -- The UK defence industry remains insulated from global recession compared to other market verticals, with government defence spending fixed into long-term programmes and immune from short-term economic cycles. Unlike small low-spending countries whose defence budgets will be severely impacted, the UK will sustain spending levels over the long term. (PR Newswire)
The Next 2 Dividend Blowups? Jun 21, 2009
Proctor & Gamble (NYSE: PG), a diversified consumer staples maker largely shielded from economic cycles, has been raising its dividend since it was first instituted in 1970. By contrast, luxury grocer Whole Foods paid its first dividend in 2004 -- and, as a result of industry headwinds, is now suspending its payments. (MSNBC -- Business)
Brzezinski's G-2 grand strategy Jun 19, 2009
Xu Shanda, former vice director of the State Administration of Taxation and a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), told a March 8, 2009 plenary meeting of the country's top political advisory body that China's consumer spending has been declining over the past 10 years, both when the economy was either overheating or contracting and that more than economic cycles are behind the falling consumer spending. Xu said the market economy... (Asia Times Online)
End of road for 4-generation Chrysler dealer Jun 16, 2009
We are accustomed to economic cycles, to booms and busts. But the current meltdown that has caused so much pain across the country and around the world is also engineering a broad transformation of American life. (USA Today -- Autos)
TODD FITCHETTE: Dairy industry needs structural reform Jun 16, 2009
As is common in these meetings, worn-out ideas are reintroduced, accusations are leveled and at the end of the day, nothing significant ever happens that will break this cycle -- or at least mitigate the effects of these economic cycles when they do come. Albert Einstein called this "insanity;" doing the same thing over and over again and expecting different results. (Fresno Bee -- Opinion)
Covenant Transportation Group, Inc. Announces Participation in Bank of America and Merrill Lynch Global Transportation Conference Jun 4, 2009
The following factors, among others, could cause actual results to differ materially from those in the forward-looking statements: elevated experience in the frequency and severity of claims relating to accident, cargo, workers' compensation, health, and other claims, increased insurance premiums, fluctuations in claims expenses that result from high self-insured retention amounts and differences between estimates used in establishing and adjusting claims reserves and actual results over time,... (PR Newswire)
> Downturn is opportune time to upgrade management Jun 3, 2009
There s a saying about economic cycles the further the pendulum swings negative, the faster it comes back. And when that happens, the spoils will go to those companies that have the proper executive management in place to benefit. (San Jose Business Journal, CA)
Air cargo stalls at Anchorage airport May 31, 2009
But that doesn't mean that it isn't vulnerable to economic cycles too. Between last July and this March, the Anchorage airport dropped from its No. 3 ranking among the world's airports for cargo landings (by weight) to No. 5. (Anchorage Daily News)
Economic Cycles May 26, 2009
Is the Global Economy Headed for a Phase of Maturity. According to Harry S. Dent, Jr. in his book "The Next Great Bubble Boom" (2005), economic life cycles are as long as the human life containing 4 phases. (Suite101.com)
Recession Turns Malls Into Ghost Towns... May 23, 2009
During past economic cycles, dead malls were frequently redeveloped into mixed-use space that includes apartments, offices or parks. Repurposing mall space today will be more difficult. (The Drudge Report)
Plan your investment based on risk tolerance May 23, 2009
As CTLA Financial Planners Sdn Bhd managing director Mike Lee explains, an individual with a proper investment plan will be able to cope better in different economic cycles whether in a recession or a boom compared with an individual who does not have one. He reckons that most people who fail in their personal investments are those who have failed to plan. (The Star Online, Malaysia -- Business)
New nightspot to take Brew Moon site May 21, 2009
But Kail, 65, knows that economic cycles turn and believes there's demand for a new popular nightclub in Honolulu. "It's a little bit of a gamble," he said. (Honolulu Advertiser)
Cato 2009 Annual Meeting Highlights May 21, 2009
Mr. Cato noted that through various economic cycles over the past decade, Cato has delivered at least $30 million in net income in every year with good profit margins. Mr. Cato stated that the Company's performance reflected customers' response to Cato's merchandise and their acceptance of the Cato brand. (PR Newswire)
Republic of Kazakhstan -- 2009 Article IV Consultation, Preliminary Conclusions of the IMF Mission May 19, 2009
For BTA and Alliance Bank, where special audits are well-advanced, the results should be used to assess the scope for developing business plans and the associated restructuring and recapitalization efforts that would make these banks robust to the vagaries of future economic cycles. This will involve working closely and cooperatively with creditors who should be treated in a consistent and equitable manner in accordance with applicable law and international norms and best practices. (IMF News)
A governor's burden of debt May 18, 2009
Passage of the ballot measures would shave almost $6 billion off that deficit, plus (through Proposition 1A) establish a more substantial rainy-day fund that would help buffer the state budget against economic cycles. It would be easy to take shots at the governor's measures: slashing education by $3 billion ($5. (San Francisco Chronicle -- Opinion)
Patrick advises, shows resilience at commencements May 17, 2009
"They're emerging with skills and preparation, and they need to know, as most mature adults do, that economic cycles, as with life cycles, ebb and flow," the Democrat said during an interview. "Like the state, they need to have resilience to carry them through.". (Boston Globe)
Interface Commences Tender Offer and Consent Solicitation for Its 10.375% Senior Notes Due 2010 May 15, 2009
The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including risks and uncertainties associated with economic conditions in the commercial interiors industry as well as the risks and uncertainties discussed under the heading "Risk Factors" included in Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2008, which discussion is incorporated... (PR Newswire)
Drinkers go dry at the tills May 15, 2009
Adami said: "The South African market has great potential despite current economic pressures. We have managed our way through numerous economic cycles, and (we) are fully equipped to do so this time too.". Growth is expected to come from the soft drinks division, which increased volumes by 4 percent, buoyed by strong growth in sparkling soft drinks. (Business Report, South Africa)
Photos: SAP Co-CEO Leo Apotheker Says 'Clear Enterprises' Will Be the First to See and Act on Signs of an Improving Economy May 14, 2009
"Economic cycles come and go every seven to 10 years, but today's environment is driving a deeper level of structural change in every industry and market. In order to lead, companies must align business strategy, enablement of IT and delivery of business outcomes with a persistent focus on value discovery and delivery and continuous innovation.". For more information on the executive keynotes from SAPPHIRE 2009 Orlando, please visit. (PR Newswire)
ING Canada Reports First Quarter Results May 13, 2009
While the results of the Pstry are not significantly correlated with the fluctuations in economic cycles, lower investment yield and lower capital levels could also contribute to increased premiums during the year ... 2) the commercial price - Strong combined ratios environment may begin to firm over the last few years up in commercial insurance have positioned IIC to take advantage of organic growth opportunities as the commercial pricing environment begins to firm up - Continue to pursue both... (Canada Newswire)
Robert Brown: A flight plan for innovation May 5, 2009
There will be up times and down times that go with economic cycles. But you have to like competition and winning; you have to like being a leader. (Globe and Mail -- Business)
Sohu.Com Reports First Quarter 2009 Unaudited Financial Results May 4, 2009
com, commented, "We are pleased to report another quarter of solid financial results, which further proves the combination of our two core businesses, namely our portal business and online game business, can enable Sohu to deliver sustainable growth through various economic cycles. Our online game business has been more resilient to the weak economic conditions and continues to show strong growth momentum. This more than offsets any temporary impact on our portal business brought by the economic... (PR Newswire)
Cheap oil policy shrinks tax kitty May 2, 2009
Historically, the governments largest source of tax and non-tax revenue and a valuable cushion against the troughs in economic cycles, the industry is today barely able to keep its head above water. In the current downturn, therefore, the government can no longer fall back on this sector to pump up its revenue position. (India Times)
DENTSPLY International Inc. Reports 2009 First Quarter Results May 1, 2009
Our global diversification, depth of product lines and the strength of our balance sheet provide a solid foundation to further build upon our market position throughout economic cycles. Given current global economic conditions, we are slightly modifying our full year 2009 earnings per diluted share guidance to $1. (Primezone Releases)
Bayer posts 44 percent first quarter profit drop Apr 29, 2009
Sectors which are less dependent on economic cycles put up stiff resistance however, with both the biotechnology CropScience and HealthCare divisions recording increases in sales and profit. Bayer said operating profit for all of 2009 should increase in those two sectors, and anticipated diminishing losses from MaterialScience activities, which include the manufacturing of plastics and high-tech materials. (Yahoo News -- Pharmaceutical Industry News)
THE Chronicle Recommends: May 19 election Apr 29, 2009
Buffers California's budget against boom-and-bust economic cycles by channeling 3 percent of general fund revenues into a "rainy day" account each year. Also, passage would allow for the extension of temporary taxes (1-cent sales tax, increased vehicle license fee, increased income tax on top wage earners) that are being used to balance the budget in the fiscal year that begins July 1. (San Francisco Chronicle -- Opinion)
