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 →

WASHINGTON, DC – 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 say the recovery will be driven by several recent trends, including supply chain disruptions, increased household savings and growth inRead 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 →

Tracking wage growth by age Federal Reserve Bank of Atlanta After years of trying to push up inflation (the elusive 2% inflation target), the Fed’s super-easy quantitative easing policies as well as plentiful help from the budget side (‘helicopter’ money) and disproportionate budget deficits) more than met the target. .Read More →

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 →

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 →

The reasons for the rapid recovery revolve around three factors, said Dupont. These factors are the resilience of employers and workers and the ability to reorganize work; rapid delivery and generally good uptake of vaccines for advanced economies in particular, with eight billion doses already administered worldwide; and the responseRead 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 →

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 →

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 →

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 →

RIVERSIDE, California, November 11, 2021 / PRNewswire / – (www.ucr.edu) – 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 inRead 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 →

TAIPEI, Taiwan, October 20, 2021– (BUSINESS WIRE) – A smart meter system consists of a smart electricity meter, a communication system and a meter information management system. By enabling two-way interactions between end users and utilities through a cloud-based platform, it is the most important infrastructure component of a modernRead 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 →

Dive brief: The consultancy firm IMF released an updated design-build spending study last week, showing a positive outlook for the delivery method. While overall construction spending is expected to total up to $ 7.9 trillion by 2025, design-build spending is expected to reach $ 1.7 trillion, or about one-fifth ofRead More →

Driver shortage, supply chain volatility and economic uncertainty present lingering challenges CHATTANOOGA, Tennessee, August 5, 2021– (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the third quarter of 2021, highlighting various trends and updates specific to the trucking industry. Full and detailed forecasts areRead More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the third quarter of 2021, highlighting various trends and updates specific to the trucking industry. Complete and detailed forecasts are available on the website corporate blog. Three key themes to which we payRead 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 →

ADVANCED MAINTENANCE The Zimbabwe Institute of Chartered Secretaries and Administrators (Icsaz) held its annual conference in Victoria Falls last week under the theme “Chartered Secretaries Influence Economic Success”. At the conference, Icsaz President Letitia Gaga said the economy’s performance was well below expectations. expectations largely caused by the technological developmentsRead More →