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The Business Insider (Free subscription) | yesterday
Could it be that the fundamental economic indicator that is gospel not only to Goldman Sachs , but to Ben Bernanke in estimating and determining monetary policy , the output gap , provides a flawed reading of the economy? As a reminder, Ben Bernanke has repeatedly expressed little regard for either commodity inflation or US dollar exchange as having an impact on overall US inflation. As Askari and...
5Vote!
SeekingAlpha.com (Free subscription) | 11/20/2009
The Macro Trader submits: We have heard about the so called economic recovery for months now and while it is true that markets are higher we have our doubts that any of this optimism is seeping into the real economy. Because of this we tend to believe that we are headed for a double dip recession, assuming that we ever got out of the first one. Lately we have started to see renewed signs of a downturn...
4Vote!
Census.gov (Free subscription) | 11/18/2009
The U.S. Census Bureau today opened its last of three data capture centers that will process 2010 Census questionnaires as they are mailed back by households across the nation next spring. The 212,000 square-foot facility in Phoenix will bring more than 2,800 jobs to the area. “Processing the 2010 Census questionnaires accurately and safely at the data capture centers is a crucial step to a successful...
4Vote!
Census.gov (Free subscription) | 11/18/2009
» FOR IMMEDIATE RELEASE THURSDAY, NOV. 19, 2009 Lisa Cochrane Public Information Office 301-763-3691 e-mail: <> CB09-CN.33 ***CENSUS BUREAU MEDIA ADVISORY***TUESDAY: U.S. Commerce Secretary, Philadelphia Mayor, Census BureauJoin Forces to Celebrate Constitution and Boost Census Participation What: U.S. Commerce Secretary Gary Locke, Philadelphia Mayor Michael Nutter, and U.S. Census Bureau...
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Census.gov (Free subscription) | 11/18/2009
The U.S. Census Bureau today released 2008 income and poverty estimates for every school district and county in the nation. These data, part of the program, currently represent the only source of Census Bureau income and poverty data for each of the nation’s 3,142 counties and almost 14,000 Title I-eligible school districts. SAIPE is the only source of single-year income and poverty data for...
4Vote!
Market Watch (Free subscription) | 11/18/2009
A former U.S. Fed chairman once quipped that a central bank's job is 'to take away the punch bowl just as the party gets going.' But in Japan, there's no party yet, or even any bubbles in the punch -- though a few do seem to be inflating in global asset markets.
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Census.gov (Free subscription) | 11/17/2009
The U.S. Census Bureau ? along with Lockheed Martin, the lead contractor ? will open a 2010 Census data capture center and a call center in Phoenix. These facilities bring thousands of new jobs to the Phoenix area. The data capture center is one of only three facilities in the nation to process 2010 Census questionnaires ? the other two are in Baltimore and Jeffersonville, Ind. The call center is one...
4Vote!
Market Watch (Free subscription) | 11/16/2009
U.S. stocks are higher Monday as a report of robust economic growth in Japan sparks a rally in energy and materials issues.
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SeekingAlpha.com (Free subscription) | 11/16/2009
Marc Chandler submits: The central bank of Israel hiked rates in August to become the first country to begin to normalize monetary policy during the recovery. It held rates steady in September and October, but speculation is increasing that it will hike rates again when it meets on Nov. 23. Israel reported that Q3 GDP rose a preliminary 2.2%, the most in over a year, flattered by exports and investment....
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Market Watch (Free subscription) | 11/16/2009
NEW YORK (MarketWatch) -- The dollar remained under pressure early Monday, after the government reported U.S. retail sales rose more than expected in October. The dollar index , which measure the U.S. unit against a basket of six major currencies, stood at 75.053, compared with 75.11 earlier. U.S. retail sales rose 1.4% in October, more than analysts expected. A large downward revision to September's...
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Market Watch (Free subscription) | 11/16/2009
WASHINGTON (MarketWatch) -- After hitting a five year high in the previous month, manufacturing activity in the New York expanded at a slower pace in November, the New York Federal Reserve Bank said Monday. The bank's Empire State Manufacturing index fell to 23.5 in November from 34.6 in October. The indexes for new orders and shipments posted similar declines. The employment index also fell and remained...
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Market Watch (Free subscription) | 11/16/2009
The dollar moves lower a day after China's chief banking regulator criticizes loose U.S. monetary policy as leading to increased speculation.
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konaxis | 12/10/2008
China’s State Council, during an executive meeting has identified 10 major areas where actions to stimulate domestic consumption and economic growth shall take place. Here are the 10 major steps in 10 major areas towards economic development: *Housing Build more affordable and low-rent housing, speed up slums clearing, expand the program to rebuild rural housing and encourage nomads to settle down....
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iihsindia | 12/01/2008
Indonesia has emerged as one of the rapidly growing food and drinks industry in the South East Asia. Various factors, such as economic growth, increasing urbanization, young affluent population, and numerous regional food health and safety concerns have led to a surge in the industry. Considering the growth potential, numerous domestic and international players have set up their facilities in a move...
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prakash m apte | 11/14/2008
CALCUTTA : STEMMING THE TIDE Prakash M. Apte The root cause, therefore, of the rapid growth of Calcutta is regional imbalance in terms of the economic growth of neighbouring states. Even within the state of West Bengal there is no other comparable centre affording mass employment.