NYT: Hunger in U.S. at14-year high Nov 17, 2009
With unemployment and other economic indicators continuing to worsen in 2009, she said, there are likely many more people struggling with hunger than this report states ... National socioeconomic indicators, including the escalating unemployment rate and the number of working poor, lead us to believe that the number of people facing hunger will continue to rise significantly over the coming year, added Ms. Escarra. (MSNBC -- Race)
Taxes to go up in next budget? Nov 16, 2009
The institute also fears that World Bank prediction that another 500,000 Ghanaians would fall below the poverty line by 2010 may be alarmingly conservative, considering subsequent unimpressive economic indicators since that prediction was made in June. . (Ghana Web, Ghana)
6 double-dip recession warning signs Nov 16, 2009
Here are six key economic indicators that bear watching. All have shown signs of improvement in recent months. (CNN -- Money)
S&P faces 1,100, searches for catalyst Nov 15, 2009
The coming week's menu of economic indicators includes October data on retail sales, the Producer Price Index, industrial output and capacity utilization, the Consumer Price Index and housing starts. Weekly claims for initial jobless benefits are also expected. (Yahoo News -- Press Releases)
We can only hope that it gets better Nov 15, 2009
Every month, the association surveys its members on about 10 economic indicators, like amounts sent to collections, and filings for bankruptcy, Zimmerman said. We ask whether each of these is higher than a month ago, lower than or same as. (The Herald-Mail Online)
GDP may exceed 6 pc this fiscal: CII Nov 15, 2009
"Economic indicators are looking up as industrial production has shown a significant upturn, business confidence has surged, stabilised financial markets and capital inflows have returned," CII Director General Chandrajit Banerjee said. He added, despite these upside prospects, the performance of agriculture is likely to pose some downside risks to the growth outlook for Indian economy in 2009-10. (India Times)
Stocks Gain on Earnings, Weaker Dollar Nov 14, 2009
Other key reports next week: the Empire State index for November and business inventories for September on Monday; the October producer price index (PPI) and industrial production reports on Tuesday; the October consumer price index (CPI) and housing starts releases on Wednesday; and weekly initial jobless claims, the index of leading economic indicators for October, and the November Philadelphia Fed index on Thursday. In economic news Friday, U.S. consumer sentiment dropped to 66. (BusinessWeek)
Rell Not Seeking Another Term Nov 14, 2009
" Mr. Fedele said during a talk in Danbury last week that some of the independent economists on Mrs. Rell's team of advisers have said that there could be a "double-dip" recession, in which economic indicators would improve briefly before sharply declining again. ?The Housatonic Times 2009 Questions or comments? Email the . Interested in a career with Journal Register Company? .Copyright ? 1995 - 2009 All Rights Reserved.. (New Milford Times, CT)
Small-business sales rise in county Nov 14, 2009
We hope we re at the beginning of an upward trend, similar to the patterns of growth in some leading economic indicators, Peter Siegel, president and chief executive officer of BizBen. com, said in a news release. (Sacramento Business Journal, CA)
Euro-Area Economy Returns to Growth With 0.4% Expansion in Third Quarter Nov 14, 2009
In the U.S., the worlds biggest economy, leading economic indicators rose for a sixth month in September. Lafarge SA, the worlds largest cement maker based in Paris, witnessed the first signs of stabilization in the global economic slowdown in the third quarter, according to Chief Executive Officer. (Bloomberg -- Germany)
Retailers' New Holiday Plans Nov 14, 2009
"If these economic indicators maintain their direction, real consumer spending may turn positive before the end of the year.". SpendingPulse by MasterCard Advisors, which tracks national retail and service sales, showed some mixed signs of stabilization in , released on Nov. 12. (BusinessWeek)
Market to be northwards in the long run: Manish Kumar, ICICI Prudential Life Nov 13, 2009
However, we also need to understand that market is aware of that and the way the markets have rallied by 100 per cent from the bottom, they are very much aware of the fact that the earnings and growth metrics will look quite good for most of the companies and also for most of the economic indicators. That is why we maintain that perhaps fundamentally, markets are likely to be range bound in the near term. (India Times)
Public Information Notice: IMF Executive Board Concludes the 2009 Article IV Consultation with Uruguay Nov 12, 2009
Uruguay: Selected Economic Indicators. Projections. (IMF News)
South Africa: Key Confidence Index Takes a Dip Once More Nov 11, 2009
Most of the country's economic indicators were stuck below their long-term trend lines, the SACCI said. Finance costs, household debt levels, job insecurity and a sharp rise in unemployment have all curbed private sector borrowing. (allAfrica.com)
Crude oil falls as greenback rebounds Nov 11, 2009
"Economic indicators are the leaders right now, so we will keep an eye on the dollar and S&P 500.". Crude oil for December delivery fell 43 US cents, or 0. (Sydney Morning Herald -- Business)
New England economic forecast, state-by-state Nov 11, 2009
-RHODE ISLAND: There is no way around it: economic indicators show Rhode Island remains in serious economic trouble. Unemployment stood at 13 percent in September, more than three percentage points higher than the national average. (Concord Monitor)
Want to be happier? You may need to move Nov 11, 2009
What makes us happy To figure out why some states scored higher or lower than others, the researchers looked at the relationship between happiness levels and other variables, including economic indicators, education levels, and levels of inclusiveness. They found that states with higher gross regional product (GRP) per capita (a state's level of productivity and standard of living), income levels and median housing value, were significantly happier than poorer areas. (MSNBC -- Health)
Valley-area bankruptcy filings hit 2009 high in October Nov 11, 2009
These include a recent rise in gross domestic product, upticks for the index of leading economic indicators, firming home sales, surging productivity, manufacturing strength and higher retail sales. Nationally, the 135,913 consumer filings in October represented a nearly 28 percent jump over the past year and a 9 percent gain from September 2009, reported the American Bankruptcy Institute, using data from the National Bankruptcy Research Center. (AZCentral -- Business)
Crude Oil Tops $80 as U.S. Equities Rebound, Signaling Fuel Use to Climb Nov 11, 2009
Economic indicators are the leaders right now, so we will keep an eye on the dollar and S&P 500. . (Bloomberg -- Canada)
Plymouth studios on hold as funding collapses Nov 11, 2009
With the current economic indicators showing improvement, our decision is in the long-term interest of the project, our shareholders, our strategic partners, and our many other constituents, including the town of Plymouth and the Commonwealth, Wynne said in a prepared statement. A spokesman for the studio would not elaborate beyond the studio s statement. (Boston Globe)
About a half paradigm Nov 10, 2009
The Ben Bernanke-led Fed has now locked itself into a policy course that will ignore global reflation dynamics and instead fixate on specific US economic indicators. Instead of adopting a more hawkish posture and laying the market groundwork for withdrawing extraordinary monetary stimulus, the Fed flew even farther into uncharted dovishness. (Asia Times Online)
Stronger U.S. GDP seen in 2010: survey Nov 10, 2009
The Blue Chip Economic Indicators newsletter for November found forecasters had raised their 2010 projections for gross domestic product for a fourth straight month. However, they still expect the pace of growth to fall short of the typical post-recession bounce. (Yahoo News -- Press Releases)
Oil Below $79 as Storm Fears Abate Nov 10, 2009
7 percent next year, the Blue Chip Economic Indicators newsletter for November. said. (ABC News -- Business)
NKU center predicts sluggish recovery Nov 10, 2009
5 percentage points, while the NKU Leading Economic Indicators Index improved for the fifth consecutive month, up 0. 2 percentage points in August. (Cincinnati Business Courier, OH)
Media Literacy Question of the Day Nov 9, 2009
What impact, if any, do you think that news reports about economic indicators might have on the economy itself. Explain. (CNN -- US)
Nikkei shrugs off weak US jobs data Nov 9, 2009
2 per cent on Monday, with China-linked shares such as up on hopes economic indicators from Beijing due later this week will be good. But gains were limited by losses in banks such as after to come up with a plan to make banks pay for any future bailouts. (FT.com -- Markets)
2009 trends in real estate market activity and median prices (282) Nov 9, 2009
It does appear though that there are economic indicators and signs that maybe we have bottomed out insofar as the real estate market activity is concerned. With foreclosure activity in Hawaii on the rise and the looming specter of option adjustable-rate mortgages resetting to significantly higher payments in the next two-years, the real estate market recovery is still fragile, but showing signs of life. (Lihue Garden Island, HA)
Asian Markets Track US Higher After Jobs Report Nov 9, 2009
Several key economic indicators are due out this week, including retail sales, industrial output and the consumer price index. Hong Kong's Hang Seng index rose 1. (ABC News -- Business)
Dollar weighed down vs euro in Asian trade Nov 9, 2009
Currency traders were looking ahead to Chinese economic indicators including factory activity and retail sales to see if Asia's number two economy continues to power ahead. If the data is strong, that could trigger risk appetite which will boost growth sensitive currencies -- such as the euro -- against the dollar and yen, said Royal Bank of Scotland strategist Akane Uchida. (Business Report, South Africa)
Big banks bounce back Nov 9, 2009
Most economic indicators are looking a darn sight better than they did at the start of the year but, then, a healthy degree of economic recovery is already priced into the banks. The fundamentals are encouraging, yet the surging share prices complicate matters. (Sydney Morning Herald -- Business)
President Obama calls jump in unemployment rate 'sobering' Nov 7, 2009
But economic indicators earlier this week hinted at only a slight uptick from September's 9. 8 percent. (TheHill.com)
Ron Paul: Prepare for the Worst Nov 7, 2009
Can anyone realistically argue that a few small upticks in a handful of economic indicators are a sign that the recession is over. . (Newsmax)
Kings County positive amid economic decline Nov 7, 2009
But local officials say Kings County has better economic indicators than other San Joaquin Valley counties. John Lehn, CEO of Kings EDC, said that the numbers support the idea that "government and agricultural [employment] will continue to hold us on a relatively flat line compared to many other economies in California.". (Hanford Sentinal, CA)
Wall Street week ahead Retailers' results to test confidence Nov 7, 2009
The menu of economic indicators will be relatively light after the past week's huge helpings of data. Friday the 13th is the day to note, when the US international trade deficit for September will be released, along with October's import and export prices. (Sydney Morning Herald -- Business)
How to squeeze workers to the last drop Nov 7, 2009
HTWW will henceforth add "weekly railroad carload data" to the list of economic indicators it follows. If it's good enough for Warren Buffett, it's good enough for me. (Salon)
Holiday parties tone down festivities Nov 7, 2009
Like many economic indicators, this year s holiday party may be a shadow of its former self. Companies are cutting back, planning events at the last minute and trading sit-down dinners for food stations, open bars for coolers of beer and porterhouse steaks for mini-cheeseburgers. (Philadelphia Business Journal, PA)
P&G honors UC, others, for shared innovations Nov 7, 2009
The award announcements were preceded by a corporate overview by Teri List, senior vice president and treasurer of P&G. She discussed the company s goal to grow its value share profitably by reaching more consumers in more parts of the world, against a backdrop of shifting economic indicators (exchange rates, commodities costs). This includes, importantly, expanding the company s product portfolio to include more lower-cost products, as well as more premium items. (Cincinnati Business Courier, OH)
San Jose approves guidelines in trying cut deficit Nov 6, 2009
And they're hopeful that improvements in national economic indicators are a signal that the long recession finally may be starting to ease. But diminished tax revenues in the first half of the year are forcing some community leaders to consider additional budget cuts, including the possibility of more employee layoffs and furloughs. (Fresno Bee -- State)
Looking Out For No. 1 Nov 6, 2009
Economic indicators were off almost across the board. There were in fact a number of reasons to infer trouble for the nation s food and dairy sectors. (Minnesota Farm Guide, MN)
Ore. index: Recession near end but no job growth Nov 6, 2009
- A monthly index of economic indicators suggests the recession may be nearing the end in Oregon but the state economy is still too weak to show any job growth. University of Oregon economist Tim Duy says his index shows a pattern consistent with the Oregon recession ending during the second half of this year. (OregonLive, OR -- News)
Meet the GOP's wrecking crew Nov 6, 2009
" Mr. Buffett's move appears to be a bet that the freight industry is poised for recovery, though it hasn't shown much of a rebound yet. The best that most rail executives have said about freight volume is that it seems to have bottomed. Mr. Buffett has said that he uses weekly railroad carload data as a proxy for the economy's health. HTWW will henceforth add "weekly railroad carload data" to the list of economic indicators it follows. If it's good enough for Warren Buffett, it's good enough... (Salon)
Peregrine interim earnings up Nov 4, 2009
"During the period under review, participants in global financial markets started to accept that monetary and fiscal authorities have managed to prevent the crisis of 2008 from developing into a widely expected and much feared depression. "Whilst economic indicators gradually stabilised only towards the end of the period, financial markets anticipated this reversal of fortune in a very strong way from early in the period. "Of the significant amounts of liquidity that were injected into the world... (Business Report, South Africa)
How to handle market uncertainty Nov 4, 2009
Even though some investment experts say the worst is far from over, we notice that a lot of economic indicators are pointing to an economic recovery. However, the economic growth may not move as fast as the stock market. (The Star Online, Malaysia -- Business)
Nonprofits view real estate as revenue Nov 4, 2009
However, real estate tends to lag behind other economic indicators, which means respondents to the 2009 Nonprofit Real Estate Survey may not have felt the full effects of the economic downturn yet. Nonprofit groups seem to be content with their current headquarters real estate, with almost half (45 percent) reporting no concerns, up 6 percent from the previous year. (Charlotte Business Journal, NC)
Nikkei hits 3-week closing low Nov 2, 2009
"Economic indicators are beginning to show uncertainty about the future, despite solid corporate earnings results so far," said Yutaka Miura, a senior technical analyst at Mizuho Securities. "We have a bunch of news including CIT that is making investors nervous about the outlook for the economy as well as earnings going forward.". (India Times)
Oil rises above $US77 a barrel Nov 2, 2009
Investors will be looking to a slew of economic indicators this week for further clues about the strength of the US economic recovery. The Labor Department's October employment report will likely be the most closely watched report, but data on manufacturing, services and home sales could also move markets. (Sydney Morning Herald -- Business)
Florida Unemployment Hits 11% Nov 1, 2009
The state s economic picture overall may be brightening, however, as other state and national economic indicators show a slow recovery may have already begun. For example, the number of mass layoff notices received by AWI fell from a peak of 36 notices in March to seven notices received in September. (Bartow Polk County Democrat, FL)
Florida Unemployment Hits 11% Nov 1, 2009
The state s economic picture overall may be brightening, however, as other state and national economic indicators show a slow recovery may have already begun. For example, the number of mass layoff notices received by AWI fell from a peak of 36 notices in March to seven notices received in September. (Bartow Polk County Democrat, FL)
Minister briefs Parliament on salary situation Oct 30, 2009
Mr Stephen Amoanor Kwao, the Minister of Employment and Social Welfare, on Thursday said factors including the global economy, revenue mobilization, macro- economic indicators, gross domestic product and inflation were some issues that determined the fixing of salaries for workers. He said negotiations between the social partners - the tripartite committee made up of the Ghana Association of Industries, the trade unions and the ability of government to pay - were other determinants that went... (Ghana Web, Ghana)
PNC official: Recession leveling off Oct 29, 2009
Stone pointed to a number of economic indicators to show that things are starting to level off from the drops of the past 12 months ... He also said economic indicators show mortgage delinquencies and credit card debt are reaching their respective peaks. (Dayton Business Journal, OH)
New Economic Data Shades Recovery Talk Oct 29, 2009
WASHINGTON - The latest reports from Washington show the economy maybe slowly recovering, but the latest economic indicators are a mixed bag at best. There are several signs the nation is pulling out of the worst recession since World War II, but the positive news comes at a big cost. (ABC 7 News, DC)
WSU economic index continues to decline Oct 29, 2009
On a long-term view, the Leading Economic Indicators Index has decreased 13. 1 percent during the past year, pushed downward by higher unemployment claims, falling residential construction activity and a suffering aircraft manufacturing market. (Wichita Business Journal, KS)
Local Economic Index Up For 6th Straight Month Oct 28, 2009
SAN DIEGO -- The University of San Diego's Index of Leading Economic Indicators rose for the sixth consecutive month in September, led by a strong rise in local consumer confidence, it was announced Tuesday. The index, which is used to gauge the health of San Diego's economy, rose 1 percent last month, according to Alan Gin, who compiles the index for USD's Burnham-Moores Center for Real Estate. (TheSanDiegoChannel.com, CA)
FYR Macedonia -- 2009 Article IV Consultation, Concluding Statement Oct 28, 2009
Evidence of the stabilization of economic activity is apparent in various economic indicators, such as industrial production, retail sales, and tax revenues. Inflation is expected to be near zero this year, helped by lower commodity prices and the economic slowdown. (IMF News)
Oil Edges Near $79 on Weak Equities, Steady Dollar Oct 28, 2009
"After oil hit $82, there are no particular economic indicators to push prices further upwards. But the downside is supported by declining inventories as we head into the peak winter season.". Crude rose on Tuesday after a report from MasterCard SpendingPulse showed U.S. gasoline demand rose last week -- 5. (ABC News -- Business)
Recession Ending, But Not Job Losses Oct 28, 2009
A survey of economic forecasters prepared by Blue Chip Economic Indicators, a research organization, predicted GDP growth to remain positive in each quarter through the end of 2010. In a survey by the National Association of Business Economics, 34 of 43 economists polled said the recession is over. (Click2Houston, TX)
* Economic indicators show signs of recovery Oct 28, 2009
Economic indicators show signs of recovery ... The nations economic picture showed more clear and stable signs of recovery last month as the leading economic indicators rose for the eighth month in a row with all seven components moving up, the Council for Economic Planning and Development (CEPD) said yesterday. (Taipei Times, Taiwan -- World)
India beats China at prosperity game Oct 27, 2009
MUMBAI: India fares better in overall prosperity, d 00004000 espite weak economic indicators, and is ranked 45th in the world, ahead of Chinas 75th rank, according to indices compiled by global think tank, Legatum Institute ... India has outperformed China on several economic indicators as it performed well in the critical non-economic factors, such as personal freedom which encompasses freedom of speech and religion, national tolerance for immigrants and ethnic and racial minorities, for... (India Times)
Government Porkfare Is No Way to End Recession Oct 27, 2009
Thats one reason theres a secular shadow hanging over the upbeat cyclical indicators, starting with the Index of Leading Economic Indicators itself. The LEI bottomed in March before soaring in the last six months. (Bloomberg -- Columnists)
Look no further than oak trees for deer Oct 27, 2009
Wall Street has its Index of Leading Economic Indicators. I have a horse pasture. (The Clarion-Ledger)
Money Matters Oct 26, 2009
Unemployed Grad wrote on Oct 25, 2009 1:06 AM:" Easy for the employment department to say "include a less formally educated work force", when I keep applying for employment while holding a degree in Business from a local University. DUH!!! And it's just not Me, alone. There are many locally grown "more formally educated" who try to return home, but get snubbed for employment, because business owners feel they will feel "stupid" compared to us, so they don't hire us. Not our feelings. THEIRS!!... (Klamath Falls Herald & News, OR)
Economic index rises 1 percent Oct 26, 2009
said its index of leading economic indicators was up 1 percent to 103. 5 the highest level in two years. (Dayton Business Journal, OH)
* Volcker warns US recovery will be considerable slog Oct 24, 2009
Meanwhile, the Conference Board said its index of leading economic indicators rose 1 percent to 103. 5, the highest since October 2007, but optimism over the robust increase was tempered by a report showing that home prices fell 0. (Taipei Times, Taiwan -- World)
Hawaii economic gauge falls 0.5% in September Oct 24, 2009
The index measures economic indicators thought to closely coincide with the overall economy such as jobs, unemployment, average hours worked in manufacturing and inflation-adjusted income. HonoluluAdvertiser. (Honolulu Advertiser)
Bad loan set-asides keep Huntington in red for 3Q Oct 23, 2009
History has shown that meaningful improvement in credit quality, and thereby a return of provision for credit losses to more normal levels, lags improvement in economic indicators, he said. Huntington last quarter raised $587. (Pittsburgh Business Times, PA)