Embry-Riddle Aeronautical University’s research park generated $137 million in total economic impact in Florida last year – a 50% increase over figures reported in 2019 – according to an independent study conducted by the Washington Economics Group, Inc. “By achieving a 50% increase in economic impacts in just three years,Read More →

BINGHAMTON, NY – The Chamber of Greater Binghamton hosted its annual Broome County Economic Forecasting and Building Awards earlier this week. CEOs and business leaders were on hand to discuss and learn how local economic growth is going, especially post-pandemic. M&T Bank Group Vice President Peter Kneis was the keynoteRead More →

India’s FY2023 budget investment surge in the infrastructure sector is expected to usher in faster economic growth, ratings agency Crisil said. The majority of the massive capital expenditure of the 2022-23 budget – Rs 7.50 lakh crore – will be spent on infrastructure development. Furthermore, the budget avoided a definitiveRead More →

Pakistan has the potential to become a hub of economic activity for countries in Central, South and West Asia if it follows the Economic Corridor Development (ECD) model, the Asian Bank has said. of development in a study published Wednesday. The AfDB study, titled “Developing Economic Corridors in Pakistan: Concept,Read More →

Noah Taborda Kansas Reflector TOPEKA — Kansas senators on Thursday approved a financial incentive package to entice manufacturers to pursue so-called megaproject initiatives in the state, despite some concerns about the message it sends to existing businesses. The bill is a response to a request from the Kelly administration toRead More →

25/01/2022 / Press release Indicators for the euro area as well as for Slovenia in the last quarter of last year suggest that the impact of the epidemiological situation on economic activity has been relatively weak. Economic growth has slowed slightly since Slovenia regained its pre-crisis level of activity, butRead More →

Douglas G. DuncanSenior Vice President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the real estate and mortgage markets. Duncan also oversees strategic research regarding the potential impact ofRead More →

Montpellier, VT – Today, the Department of Financial Regulation (DFR) submitted a report to the legislature examining the various Vermont worker relocation incentive programs under Law 51 of 2021. In 2018, Vermont implemented a remote worker relocation program, the first in the country, that reimburses certain moving expenses up toRead More →

It took 19 months, but employment at companies in the Jacksonville area finally returned to pre-pandemic levels in September. While COVID-19 remains a threat to the economy, the outlook for 2022 is brighter for Northeast Florida. “Jacksonville’s recovery is on the fast track,” said Abbey Omodunbi, senior economist at PNCRead More →

Economic activity in Colorado has rebounded to its pre-pandemic peak in September 2021 and the economy is expected to continue to expand, according to a new quarterly report released by the restored Colorado Futures Center of the Colorado State University System. The new forecast, called ColoradoCast, is a short-term (six-month)Read More →

The Covid-19 pandemic has caused massive disruption in the global economy, many of which are still being felt as countries move in and out of slowdowns and restricted movement. In 2021, we are witnessing a rebound as demand picks up and vaccinations help restore confidence. India, too, is well onRead More →

(Credit: Unsplash) This article is brought to you in association with the European Commission. The EU economy is recovering from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions began to be lifted, growth resumed in the spring and continued unabated through the summer, supported by theRead More →

MANILA, Philippines — The central bank said on Tuesday, Nov. 9 that interest would remain low — despite stronger-than-expected third-quarter growth figures announced by the government — until it saw clearer evidence of the economic recovery. In a statement following the release of the latest gross domestic product figures, BangkoRead More →

BoT raises hopes of economic recovery Central bank expects next week’s reopening to boost confidence and consumption The atmosphere inside the Srinagarindra train night market which reopened after being closed due to the Covid-19 pandemic. Bank of Thailand (BoT) expects next week’s reopening to further boost public confidence, following improvedRead More →

(The Straits Times) – ASEAN and China must redouble their efforts to revive economic activity and people-to-people ties that suffered during the Covid-19 pandemic, Prime Minister Lee Hsien Loong said on Tuesday. And as vaccines continue to be rolled out, cross-border travel must resume gradually, gradually and safely, with greaterRead More →

On October 15, 2021, the Alberta Court of Appeal released its decision in AltaLink Management Ltd v. Alberta (Utilities Commission) (the AltaLink decision). This decision deals with the obligation of the Crown and administrative tribunals to take into account the economic interests of Indigenous groups when making decisions. The AltaLinkRead More →

Argentina’s economic recovery gained momentum in August, thanks to an acceleration of the Covid-19 vaccination campaign and the easing of government restrictions on movement and commerce. Economic activity rose 1.1% in August from the previous month, according to government data released Thursday by the national statistics office of INDEC. ComparedRead More →

President Muhammadu Buhari delivers 2022 budget speech President Muhammadu Buhari on Friday in Abuja urged Ogoni leaders to educate indigenous people on the value of protecting national assets such as pipelines and other oil facilities, saying that intentional damage usually creates more havoc on their environment and hinders the developmentRead More →

The perception among some that the economic recovery is responsible for demand for new vehicles temporarily exceeding supply is incorrect, the JSE-listed vehicle retailer Combined Motor Holdings (CMH) warned on Tuesday. “The reality is that domestic sales levels are considerably lower than the past decade and the return of aRead More →

DUBAI, October 17, 2021 (WAM) – Consumer confidence in Dubai reached its highest level in 10 years during the third quarter of 2021, according to the Consumer Confidence Index tracked by Dubai Economy. During the quarter, the index increased by two points compared to the previous quarter and by 21Read More →

“The non-residential construction backlog fell for a second consecutive month as skills and input shortages hit the industry,” said Anirban Basu, chief economist at Associated Builders and Contractors. “A growing number of contractors are reporting shortages of materials such as copper and PVC pipe. “ The construction order book indicatorRead More →

The International Monetary Fund is slightly lowering its outlook for a global recovery from the pandemic recession, reflecting continued supply chain disruptions in industrialized countries and deadly disparities in immunization rates between rich and poor countries. What would you like to know International Monetary Fund slightly lowers outlook for globalRead More →

Shipping containers are seen at the port of Bayonne, New Jersey, United States, August 21, 2021. REUTERS / Andrew Kelly The consumer confidence index fell 5.9 pts to 109.3 in September Merchandise trade deficit increases 0.9% to $ 87.6 billion in August Wholesale inventories jump 1.2%; retail stocks gain 0.1%Read More →

Delta variant slows economic growth in East Asia and the Pacific: World Bank Posted on: Tuesday, September 28, 2021 By: Bernama Text size: WASHINGTON: The recovery of the East Asia and Pacific region has been compromised by the spread of the delta variant of COVID-19, the World Bank said onRead More →

What explains this? Above all, if we can shift economic activity from the most affected areas to more protected areas, we can mitigate the effect on the economy. The magnitude of the benefits of migration, however, depends on two assumptions. First, migration is believed to occur due to a gradualRead More →

Tuesday, September 28, 2021, 7:40 a.m.Press release: Euro Med Monitor Geneva – The Euro-Mediterranean Human Rights Observatory said in a report released today that the crises Jordanians have experienced in recent years have reflected on the exercise of their economic and social rights, including the right dignity, work, health, education,Read More →

The Bank of Ghana’s updated Composite Economic Activity Index (CIEA) for July 2021 reflects the continued upturn in national economic activity. According to the Central Bank, the real CIEA grew 20.0% year-on-year in July 2021, up from 20.2% in June 2021, and 3.9% growth in July 2020. Growth in indicators,Read More →

The oil industry accounted for 3.2% of the country’s GDP in 2019, while creating a quarter of a million jobs, or 1.5% of total employment in South Africa, according to a study commissioned by the South African Petroleum Industry (Sapia). JOHANNESBURG – The South African oil industry contributed R163 billionRead More →

Legislation to control the sale, supply and consumption of alcoholic beverages would have a very negative impact on economic activity and job creation, said the Association of Industries of the Dominican Republic (AIRD). By opposing a bill on the subject circulating in the National Congress, the AIRD indicated that suchRead More →

India’s economy has recovered quickly from the second wave of the Covid-19 pandemic and data suggests growth will be faster in the coming quarters, particularly during the holiday season. The improvement in the Covid-19 situation and the acceleration of the vaccination rate have allowed economic activity to return to normal,Read More →

With the economic activity restarting, fraudsters have turned to unsuspecting people in the travel and leisure industries, communities (online forums) and logistics, according to a report released on Monday. Digital fraud attempts from India increased by 269% in the travel and leisure segment, by 267% in communities that also includeRead More →

By Brenna Hughes Neghaiwi ZURICH (Reuters) – The Swiss economy is expected to grow 3.2% this year, the government said on Thursday, lowering its outlook for the full year as a less sunny global situation limited Switzerland’s recovery. “The economic recovery should continue as expected, even if growth is initiallyRead More →

PESHAWAR, (UrduPoint / Pakistan Point News – September 3, 2021): The provincial government has finalized several projects costing Rs 5 billion rupees to promote economic activity in urban centers and district markets merged and tribal subdivision,. In this regard, the additional chief secretary, Shahab Ali, chaired a video link meetingRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The European economy is expected to rebound faster than expected, as activity in the first quarter of the year exceeded expectations and the improvement in the health situation led to a faster easing of the restrictionsRead More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the second quarter of 2021, highlighting various trends and updates specific to the trucking industry. Full and detailed forecasts are available on the corporate blog. Four key insights coming into the second quarterRead More →

DANSKE Bank offered a more optimistic forecast for the northern economy thanks to the success of the Covid-19 vaccination program, predicting that economic activity will return to pre-pandemic levels in the second half of 2022. Northern Ireland’s largest lender has said that while he believes the economy continued to contractRead More →

The International Monetary Fund raised its global economic forecast for the second time this year following faster vaccination campaigns against Covid-19 and fiscal and monetary support provided by governments and central banks, but it put in guard policymakers against wider income gaps and uneven recovery as richer countries recover fromRead More →

The Federal Reserve on Wednesday raised its forecast for 2021 gross domestic product by more than 50% from its December estimate while keeping interest rates stable. GDP is now expected to grow 6.5% in 2021 before slowing in the following years, according to the Federal Open Market Committee, the centralRead More →

The Organization for Economic Cooperation (OECD) on Tuesday cautiously revised its global economic forecast for 2021, citing vaccine deployments and the US stimulus package adopted last week as positive signs. At a virtual press conference at the organization’s headquarters in Paris, OECD chief economist Laurence Boone told reporters she expectsRead More →

Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce or tighten containment measures. At the same time, the launch of vaccination programs across theRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. Europe remains in the grip of the coronavirus pandemic. The upsurge in the number of cases, combined with the appearance of new, more contagious strains of the coronavirus, has forced many Member States to reintroduce orRead More →

Douglas G. DuncanSenior Vice-President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the housing and mortgage markets. Duncan also oversees strategic research regarding the potential impact of external factorsRead More →

Douglas G. DuncanSenior Vice-President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the housing and mortgage markets. Duncan also oversees strategic research regarding the potential impact of external factorsRead More →

In the last article, we began to discuss the necessary conditions on which a Dominica Freedom Party (DFP) government will work to put Dominica on the path to prosperity and shared growth. In this regard, we have started a discussion on the need to create a stable macroeconomic environment. Let’sRead More →

GDP will experience an impressive recovery in FY22, with 13% growth based on weak base and vaccine benefits, Goldman Sachs said in a report. MUMBAI: Foreign brokerage firm Goldman Sachs on Tuesday raised its forecast for India’s GDP to contract 10.3 percent in FY21, from an earlier estimate of negativeRead More →

RICHMOND, Ind. – Last year, Indiana University’s annual panel of business experts predicted good economic news coming in 2020 around the world. Of course, that was before the birth of COVID-19. “A microscopic virus has entered the picture, and instead of growing economic activity, we are experiencing a global recessionRead More →

California’s labor market, which was at its best in February, appears to be years away from returning to the heights it enjoyed before the coronavirus triggered vast economic woes, according to a forecast released Wednesday. The UCLA Anderson Forecast outlook suggests that California’s pre-coronavirus economic boom will not reappear forRead More →

Recent developments in the course of the Covid-19 pandemic could force the Spanish government to update its economic forecasts. While a May projection that Madrid sent to Brussels predicted a 9.2% drop in economic output in 2020, the Bank of Spain on Wednesday released a more pessimistic outlook that placesRead More →

LAFAYETTE, Louisiana – The University of Louisiana at Lafayette’s College of Business released its quarterly report Louisiana Economic Activity Forecast this shows how much economic activity has declined in the first half of 2020 due to the COVID-19 pandemic. Forecasts indicate that economic activity should pick up in the secondRead More →

In summary Are the Newsom administration’s dismal recession forecasts a reasonable outlier – or “grossly negative” and a “poker bluff” to increase the pressure for federal government financial aid? Ten in ten economists agree: COVID-19 is absolutely ugly for the California economy. Forecasters across the state analyzed the numbers andRead More →

Patricia silversteinPresident and Chief Economist, Development research partners Is our vision crystal clear or clouded by conflicting information in 2020? Slowing growth in China and other key trading partners, tariff and trade disputes, market disruptions from COVID-19 and geopolitical concerns around the world mean a high degree of uncertainty inRead More →

DUBAI, October 28, 2019 (WAM) – The Dubai International Financial Center, DIFC, today hosted the launch of the October 2019 report on the International Monetary Fund’s Regional Economic Outlook for the Middle East, South Africa North, Afghanistan and Pakistan. The report shows that the growth impact in the MENAP regionRead More →

India’s financial system remains stable amid improving resilience of the banking sector, although emerging trends in the global economic environment as well as the geopolitical environment pose challenges, according to RBI’s 19th issue of the Financial Stability Report (FSR) Global economic activity continues to face significant headwinds since the secondRead More →