Dubow’s worries are an allegory of cross-currents lashing an economy in recovery, but still disrupted by COVID, haunted by labor unrest, supply chain bottlenecks and consumers pessimistic but spendthrift. Inflation is at a four-decade high, workers are quitting in record numbers, and COVID introduces another wild card: the omicron variant.Read More →

Los Angeles County’s economy is by far the largest in Southern California, but the Inland Empire is leading population and employment growth due to falling house prices and growing demand for warehouse workers amid the boom in e-commerce. These revelations are included in the latest UCLA Anderson forecast released earlyRead More →

Federal Reserve Chairman Jerome Powell’s hawkish turn this week will undoubtedly focus on next Friday’s consumer price inflation data from investors looking for clues about the US central bank’s next move on of its political meeting on December 16. In a busy week for data releases, economic growth in theRead More →

Information (The Jakarta Post) Jakarta ● Tue, November 30, 2021 2021-11-30 07:00 0 637689cdfb31fff4298fa997bd04b6e0 4 Sponsored title To free The Bank Indonesia (BI) annual meeting held this week highlighted the importance of building optimism, building synergies and innovating to welcome 2022, as the economy has shown signs of improvement inRead 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 →

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 →

As the Elizabeth City State University Regional Economic Summit approaches on October 14, Economics Professor in the Department of Sports Business, Accounting and Management, Dr Kingsley Nwala, is putting together the final elements of a regional economic forecasting together for a presentation that will help as a catalyst for theRead 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 →

MIDF Research said the advent of technology and connectivity will support local business and economic activities and generate greater interest from foreign companies to invest and establish their operations in Malaysia. – AFP photo KUALA LUMPUR, September 28 – The adoption of technology and digitization is expected to drive growthRead More →

(The Center Square) – Another major economic group has reduced its optimism for the U.S. economy this year, revising its estimates for 2021 to post slower-than-expected growth. The National Association of Business Economics released its growth projections on Monday, lowering its forecast from 6.7% growth for 2021 to 5.6%, moreRead More →

MANILA, Philippines – The economy is in a “very fluid” situation due to the emergence of more contagious variants of COVID-19, the National Economic and Development Authority said yesterday, although the chief executive NEDA, Karl Chua, remained optimistic about growth targets. reached this year if the most stringent quarantine measureRead More →

Most of Louisiana’s major metropolitan areas failed to meet their employment forecasts for the first quarter of 2021, but a new economic forecast shows reason to be optimistic about future growth. The University of Louisiana at BI Moody III College of Business in Lafayette released its economic forecast for theRead 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 →

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 →