January 12, 2009
If members of Congress have any doubt about the need to quickly pass an economic stimulus package, here are some persuasive reasons: (diamond) Unemployment increased by 500,000 jobs in December, bringing total jobs lost to 2.6 million since 2007. That's the largest annual job loss since World War II, and the unemployment rate of 7.2 percent is the highest in 18 years. (diamond) Americans lost more than $8 trillion in the stock market and $6 trillion in housing wealth in 2008. Over the last year, the Dow Jones industrial average lost 34 percent of its value, and home sale prices declined nearly 20 percent through the third quarter, as measured by the S&P Case Shiller national home price index.
November 29, 2006
Economic Forecast Breakfast is Dec. 6 The Howard County Chamber of Commerce will hold its first Economic Forecast Breakfast at 8 a.m. Dec. 6 at the Sheraton Columbia Hotel. A panel of experts will discuss economic indicators and forecasts for 2007. Representatives of the Economic Indicators Group, a joint project of the chamber and county government, will present a local perspective. Panelists are to include Lee Wilhide of Wilhide's Flowers, Chip Lunch of Williamsburg Group Builders, Suzi Padgett of Coldwell Banker Residential Realtors, and Jim Peacock of PCA Group.
September 25, 2005
Getting a bunch of economists to agree on anything is tough. Getting them to agree on which economic indicators are most important for investors is another matter entirely. Nonetheless, a group of the nation's top economic analysts offered their views to try to sort out which economic indicators are the most valuable for everyday investors to watch. And then they indicated which ones they found overrated, unhelpful or for some reason irrelevant in today's markets. As expected, it wasn't always pretty.
September 25, 2004
Economic indicators Monday: August new-home sales Wednesday: Final second-quarter gross domestic product Thursday: August personal income and spending, weekly jobless claims Friday: August construction spending Looking ahead Oct. 5 Baltimore PC Users Group will meet at 6:30 p.m., Cockeysville Middle School, 10401 Greenside Drive. Call 410-667-1699.
July 18, 2004
A weekly briefing on the economic calendar Monday Earnings reports: 3M, Delta Air Lines, Legg Mason, Allstate, Kraft Foods Tuesday * Housing starts and building permits for June Earnings reports: Altria, Ameritrade, Boise Cascade, Ford Motor, Manpower, RadioShack, U.S. Bancorp, Wells Fargo, E*Trade, Motorola, Pixelworks, Sun Microsystems, Texas Instruments Wednesday Earnings reports: AT&T Wireless, Blockbuster, Eastman Kodak, Fannie Mae, General...
February 21, 2003
WASHINGTON - The Index of Leading Economic Indicators fell in January for the first time in four months, which may suggest a slower pace of growth in coming months as the threat of war in Iraq intensifies. A 0.1 percent decline in the Conference Board's gauge of the performance of the economy over the next three to six months followed a 0.2 percent rise in December and a 0.5 percent gain in November. It was the first decline since a 0.5 percent drop in September. "The weakening trend in the LEI index points to weaker manufacturing activity in the months to come," said Kenneth Kim, an economist at Stone & McCarthy Research Associates in Princeton, N.J. Economists had projected no change in the leading indicators index.