A leading bank has downgraded its forecast for Icelandic unemployment and public investment levels, although its forecast for national economic growth remains unchanged. Íslandsbanki has just released its first financial forecast report since last September and attributes the most pessimistic outlook to the lingering pandemic resulting in slower economic recovery.
The International Monetary Fund (IMF) slightly improved its global growth forecast for 2021, as recent vaccine approvals and the promise of other vaccines to come have heightened hopes that the COVID-19 pandemic will continue later this year. However, the organization said new waves of infections and new variants of the
[Stay on top of transportation news: Get TTNews in your inbox.] On January 20, US Xpress Enterprises CEO Eric Fuller detailed the findings of an economic report his company released on the trucking industry. The US Xpress 2021 economic forecast has highlighted several major trends for the coming year. The
CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for 2021, highlighting various trends and updates specific to the trucking industry. Full and detailed forecasts are available on the corporate blog. Four key ideas include: Fewer drivers and more stimulus funds will continue
GRAND RAPIDS, Mich. (WOOD) – Most of the western Michigan economy could return to pre-pandemic levels by 2022, but it will likely take longer for restaurants, bars, places of art and entertainment, according to an economist. Professor Paul Isely, Ph.D., of Seidman College of Business at Grand Valley State University,
The College of Business at the University of Nevada, Reno, will host Vision 2021: Nevada’s economic forecast Friday, January 22, 2021, as part of the College’s ongoing efforts to support the economic development and growth of the state’s economy. “The ongoing COVID-19 pandemic has impacted Nevada’s economy in several unprecedented
Society: Susan Goldstein has facilitated transactions in Sarasota and Manatee counties for over 15 years, totaling over $ 100 million. In the Sarasota area, an influx of new residents from other parts of the country is driving some commercial real estate activity. “Basically the economy is that new residents need
Suffolk is expected to complete the Tampa Edition Hotel & Residences, a 27-story condo and hotel tower that is part of Strategic Property Partners’ $ 3 billion Water Street Tampa, in 2021. Society: Suffolk Construction Co., a Boston-based national builder with a strong presence in southwest Florida and the Gulf