The University of Hawaii’s Economic Research Organization is optimistic about the state’s economic recovery from the COVID-19 pandemic, with improving labor market conditions and the expected return of international visitors. (Photo courtesy of University of Hawaii) A University of Hawaii organization is optimistic about the state’s economic recovery from theRead More →

Members of the Birmingham Bloomfield Chamber of Commerce gathered for the annual Economic Forecast Breakfast on February 16. Advertising BLOOMFIELD HILLS — Given all the strain on businesses from the pandemic, Americas Commercial Transportation Research Co. chief economist Paul Traub said the economy is still performing fairly well. “American workersRead 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 →

The 2022 Franchise Economic Outlook shows that franchising is leading the economic recovery in the United States. Tweet that “At all levels, local franchise businesses provide opportunities for economic and professional advancement,” said the IFA President and CEO. Matthew Haller. “For aspiring entrepreneurs, franchising removes barriers so they can moreRead More →

(The Center Square) – Pennsylvania’s Independent Fiscal Office (IFO) released an updated economic forecast for fiscal year 2021-22 that shows higher-than-expected revenues, driven by stronger wages and inflation . The IFO’s mid-year update for fiscal year 2021-22 showed that general fund revenue was adjusted upward from nearly $42 billion toRead More →

Despite the government’s assertion that the country’s economy will grow by at least 6% in the current fiscal year, the World Bank’s latest Global Economic Prospects report predicts that Nepal’s economy will only grow than 3.9%. The World Bank established its forecasts on the basis of two major criteria: “betterRead More →

WASHINGTON — A new national report outlines the potential path for economic recovery this year as the pandemic continues for a third year. The group of economists and scientists says the recovery will be driven by several recent trends, including supply chain disruptions, rising household savings and growth in onlineRead More →

Scenarios Baseline (60%): Growth resumes in late 2021 and early 2022 as the impact of COVID-19 eases. Households continue to increase their spending to meet pent-up demand for services such as entertainment and travel. However, spending on durable goods is stagnating as consumers revert to pre-pandemic models. Business investment continuesRead 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 →

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 →

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 →

Spokane County has mostly recovered from job losses from the pandemic, but future job growth will depend on a continued influx of new residents, according to a local economist. Non-farm employment in the metropolitan statistical area of ​​Spokane – which includes Pend Oreille and Stevens counties – was 252,800 inRead More →

From a demand perspective, the US economy has fully recovered from the pandemic recession. And production, although not yet there, will return to its long-term trend in the near future. That, according to a new forecast published yesterday in the 12th Annual Inland Empire Economic Forecasting Conference, hosted by UCRead 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 →

Germany is at risk of becoming the eurozone’s economic laggard as economists fear that restrictions aimed at containing a new wave of Covid-19 infections will affect consumer activity and exacerbate chain problems. supplies that are already strangling industrial production. The German Council of Economic Experts, which advises the government, onRead More →

INDIANAPOLIS – Economists at the Kelley School of Business at Indiana University expect the economies of the United States and Indiana to remain somewhat resilient in the face of the challenges presented by COVID-19 and the supply chain issues, but labor shortages will continue to be a major concern forRead More →

WASHINGTON – If you find the current economy a little confusing, don’t worry: so do the country’s top economic official, Federal Reserve Chairman Jerome Powell. In a long-awaited press conference on Wednesday, Powell said the Fed was sticking to its fundamental economic forecast: COVID-19 will eventually subside, which, in turn,Read More →

The recovery in South Asia continues as global demand has rebounded and targeted containment measures have helped minimize the economic impacts of recent waves of COVID-19. But the recovery remains fragile and uneven, and most countries are far from pre-pandemic trend levels, the World Bank says in its biannual regionalRead 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 →

Governor Doug Ducey highlighted Arizona’s economic momentum and workforce development during a discussion at the National Governors Association’s Workforce Symposium with Bill McBride, Executive Director of association. Arizona experienced one of the strongest economic dynamics in the country last year and has been able to maintain it throughout the pandemicRead More →

The COVID-19 pandemic has impacted the world’s most vulnerable populations through loss of life, health, jobs, income, assets and education. The World Bank’s High Frequency Telephone Surveys (HFPS) ​​help identify the main fault lines along which the uneven impacts of the pandemic are emerging in developing countries (country-level indicators producedRead 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 →

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 →

The health crisis has offered individuals and businesses the opportunity to pause, reflect and realign their lifestyles, priorities and perspectives. Rapidly changing consumer behavior, business imperatives – both short and long term – and a renewed zeal to shake off the ghosts of the past have only accelerated the transformation.Read More →

Local health authorities and UC Santa Barbara Economic Forecast Project teamed up for a virtual webinar Thursday to explain the health and economic state of Santa Barbara County nearly 19 months in the coronavirus pandemic. Pierre Rupert, Executive Director of the Economic Forecast Project, was joined by Santa Barbara CountyRead 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 →

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 →

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 →

When economists made their forecast for 2020 12 months ago, no one could have seen what was to come. The first cases of COVID-19 were detected in December 2019 in China and it will be months before people realize the impact it would have on the global economy. Jacksonville feltRead More →