Smart Money (Free subscription) | 11/18/2009
... risks are still more likely given the fragile state of many bank loan portfolios,” says Andres Carbacho-Burgos, an economist with Moody’s Economy.com. Though the U.S. is emerging from recession, there’s likely to be less upward price pressure than usual, he adds, because of the weak job market and high savings rate. Plus, oil isn’t expected to spike past $100 a barrel until...
Dismal (Free subscription) | 11/16/2009
Andres Carbacho-Burgos explains when and where to look for a recovery.
Miami Herald (Free subscription) | 11/10/2009
... at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody's Economy.com. Afterward, unemployment will start receding but remain in double-digit territory into 2012.Carbacho-Burgos said regaining the number of jobs reported in the state just prior to the start of current recession...
Providence Journal (Free subscription) | 11/04/2009
By Steve Peoples PROVIDENCE, R.I. -- The end of the "Great Recession" is in sight, but economic recovery in Rhode Island will lag behind its New England neighbors and the rest of the nation, according to Andres Carbacho-Burgos , an economist with Moody's Economy.com . "Rhode Island, like the rest of the United States, is emerging from the Great Recession," he...
Boston Herald (Free subscription) | 11/04/2009
PROVIDENCE, R.I. — The unemployment rate in Rhode Island will continue climbing and peak at 13.8 percent next year even as layoffs taper off, an economist told state budget officials Wednesday.Unemployment stood at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody’s Economy.com. Afterward,...
Miami Herald (Free subscription) | 11/04/2009
Economist: RI unemployment to peak near 14 percentBy RAY HENRYPROVIDENCE, R.I. -- The unemployment rate in Rhode Island will continue climbing and peak at 13.8 percent next year even as layoffs taper off, an economist told state budget officials Wednesday.Unemployment stood at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos,...
ABC News (Free subscription) | 11/04/2009
The unemployment rate in Rhode Island will continue climbing and peak at 13.8 percent next year even as layoffs taper off, an economist told state budget officials Wednesday.Unemployment stood at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody's Economy.com. Afterward, unemployment will...
San Fransisco Chronicle (Free subscription) | 11/04/2009
Unemployment stood at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody's Economy.com. Afterward, unemployment will start receding but remain in double-digit territory into 2012.Carbacho-Burgos said regaining the number of jobs reported in the state just prior to the start of...
Seattle Post-Intelligencer (Free subscription) | 11/04/2009
... at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody's Economy.com. Afterward, unemployment will start receding but remain in double-digit territory into 2012.Carbacho-Burgos said regaining the number of jobs reported in the state just prior to the start of current recession...
Seattle Times (Free subscription) | 11/04/2009
PROVIDENCE, R.I. — The unemployment rate in Rhode Island will continue climbing and peak at 13.8 percent next year even as layoffs taper off, an economist told state budget officials Wednesday.Unemployment stood at 13 percent in September but will keep rising then crest sometime between April and June, said Andres Carbacho-Burgos, an economist for Moody's Economy.com. Afterward,...
Providence Journal (Free subscription) | 11/05/2009
PROVIDENCE –– The end of the “Great Recession” is in sight, but economic recovery in Rhode Island will lag behind its New England neighbors and the rest of the nation in the coming months, according to Andres Carbacho-Burgos, an economist with Moody’s Economy.com.“Rhode Island, like the rest of the United States, is emerging from the Great Recession,” he told a collection of the...
Boston Globe (Free subscription) | 11/04/2009
Economist Andres Carbacho-Burgos (cahr-BAH'-choh BUHR'-gohs) of Moody's made grim financial predictions Wednesday to a panel of state budget officials trying to estimate how much income the state government can expect. Gov. Don Carcieri (kuh-CHEHR'-ee) must use those estimates when writing the state budget.
