11 th Annual Oregon Economic Forum!

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "11 th Annual Oregon Economic Forum!"

Transcription

1 11 th Annual Oregon Economic Forum! (almost) Beyond! Macroeconomics Portland, OR! October 16, 2014!

2 Expansion Continues! Five Years and More!! Recession Indicators Nonfarm Payrolls Real Personal Income Excluding Current Transfer Receipts Thousands SAAR, Billions of 2005 $ Industrial Production Real Manufacturing and Trade Sales Index 2007= SAAR, Billions of 2005 $

3 Cyclical Indicators Pointing Up! Industrial Indicators Industrial Production Manufacturers' New Orders Federal Reserve Board of Governors Nondefense Capital Goods Excluding Aircraft Index 2007= Millions of Dollars ISM Manufacturing Light Weight Vehicle Sales 60 PMI Composite Index, Above 50 Indicates Expansion 22 Autos & Light Trucks Millions of Units

4 Consumers Still Spending! Household Spending Indicators Real Personal Consumption Spending Retail and Food Service Sales Excluding Autos and Gas Billions of 2005 Dollars Millions of $ Consumer Confidence and Spending Real Personal Disposable Income Sentiment, 1996= UMich Sentiment Real Personal Consumption, Y-o-Y % Change Real Personal Consumption, Y-o-Y % Change Billions of 2005 Dollars

5 Housing Remains a Weak Point! 2500 Privately Owned Housing Starts and Permits Thousands of Units, SAAR Starts Permits

6 Steady Improvement in Labor Markets! 11 Unemployment and Short-Run Natural Rate of Unemployment Percentage, September 2014 Fed Forecasts (Bars) and Trend NAIRU

7 Underemployment Still an Issue! Underemployment Indicators 7000 Employed Part-Time for Economic Reasons Thousands Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons 17.5 Percentage Unemployed 27 Weeks or Longer Not in Labor Force, Searched For Work and Available 50 % of Total Unemployed 3000 Thousands

8 Oregon Similar to Nation! Oregon Indicators Oregon Initial Jobless Claims Average Claims per Week 3500 Oregon Residential Permits 5-month moving average in black Claims Permits Employment Services Payrolls Number of Employees 42 Weekly Hours Worked, Manufacturing Production Workers Employees Hours

9 Oregon Similar to Nation! Oregon Indicators II Oregon Nonfarm Payrolls Oregon Labor Force 1800 Thousands 2000 Thousands Oregon Unemployment Rate Oregon House Price Index 12 Percent 500 1Q80=

10 Data Still in an Uptrend! 102 UO Index of Economic Indicators Probability of Oregon recession in gray 100 UO Index, 1997= Probability of Oregon Recession, %

11 Better, But Still Not Like the Past! Oregon Measure of Activity Oregon Measure of Economic Activity Real Oregon personal income less transfer payments in gray, % change Y-o-Y Real Personal Income Growth

12 Portland, However, Looking Good! Portland/Beaverton/Vancouver Economic Indicators Unemployment Rate Residential Housing Permits 12 Percentage of Labor Force 2500 Permits Civilian Labor Force Nonfarm Payrolls Employeed plus Unemployed 1075 Thousands of Employees

13 Portland, However, Looking Good! 2 Portland Metro Measure of Economic Activity Three-Month Moving Average in Black, US Recessions in Gray

14 Solid Recovery! 120 Job Recovery by MSAs With Population Between 1.8 and 3.5 Million Index 2007:12=100, Portland in Blue 115 Aus$n Las(Vegas

15 Recovery in Widespread! Portland/Beaverton/Vancouver MSA Employment by Sector Professional and Business Services Education and Health Services 170 Thousands of Employees 160 Thousands of Employees Leisure and Hospitality Services Computer Design and Related Services 110 Thousands of Employees 13 Thousands of Employees

16 Recovery Widespread! Portland/Beaverton/Vancouver MSA Employment by Sector Manufacturing Construction 150 Thousands of Employees 70 Thousands of Employees Trade, Transportation, and Utilities Financial Services 205 Thousands of Employees 72 Thousands of Employees

17 Real Incomes Rebounding! Portland Real Personal Income Millions of 2008 Dollars, PPP Adjusted

18 In Oregon, Income Not Just About Size! Per Capita Real Personal Income: Oregon Metro Areas 2008 Dollars, PPP Adjusted Portland Corvallis Medford Eugene Salem Bend

19 An Entrenched Equilibrium?! Per Capita Real Personal Income: Selected Metro Areas 2008 Dollars, PPP Adjusted Seattle Minneapolis Denver Austin Portland

20 An Entrenched Equilibrium?! 40 Computer Design and Related Services Thousands of Employees Seattle 15 Portland

21 An Entrenched Equilibrium?! 80 Computer Design and Related Services Thousands of Employees San Francisco 40 Seattle Portland

22 An Entrenched Equilibrium?! 40 Computer Design and Related Services Thousands of Employees 35 Average Pay = $105, Seattle 15 Portland 10 Average Pay = $93,

23 Oregon Business Conditions Index! Objec've: Develop a new data source to measure economic condi'ons in Oregon. Timeline: 4Q14 Begin collec'ng a list of ini'al par'cipants 1Q15/2Q15 Ini'ate the survey 3Q15 Begin repor'ng anecdotal evidence Begin repor'ng data

24

25

26 Oregon Business Conditions Index! How can you help? Be willing to par'cipate in the survey! Only one respondent per firm (obviously) who with sufficient overview to report on general business condi'ons. Survey is confiden'al. We will need your informa'on to you the survey, but we will not collect informa'on to connect a survey to a par'cipant. Visit econforum.uoregon.edu to take a sample survey!

The Global Economy: Sustaining Momentum

The Global Economy: Sustaining Momentum The Global Economy: Sustaining Momentum David J. Stockton Senior Fellow Peterson Institute for International Economics Chief Economist Monetary Policy Analytics October 5, 2017 What s Driving the Global

More information

Babson Capital/UNC Charlotte Economic Forecast. May 13, 2014

Babson Capital/UNC Charlotte Economic Forecast. May 13, 2014 Babson Capital/UNC Charlotte Economic Forecast May 13, 2014 Outline for Today Myths and Realities of this Recovery Positive Economic Signs Negative Economic Signs Outlook for 2014 The Employment Picture

More information

2015 Economic Forecast & Industry Outlook. Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC October 8, 2014

2015 Economic Forecast & Industry Outlook. Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC October 8, 2014 2015 Economic Forecast & Industry Outlook Robert A. Kleinhenz, Ph.D. Chief Economist,, LAEDC October 8, 2014 Outline U.S. Economy California Economy Southern California Economy & Industries Five-Year Outlook

More information

Economic Outlook March Economic Policy Division

Economic Outlook March Economic Policy Division Economic Outlook March 212 Economic Policy Division Real GDP Outlook Percent Change, Annual Rate 2 1 1 - -1 197 197 198 198 199 199 2 2 21 U.S. GDP Actual and Potential Quarterly, Q1 197 to Q4 211 Real

More information

Big Changes, Unknown Impacts

Big Changes, Unknown Impacts Big Changes, Unknown Impacts Boulder Economic Forecast Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January 17, 2018 Real GDP Growth

More information

The U.S. Economic Outlook

The U.S. Economic Outlook The U.S. Economic Outlook Presented to: Maquiladora Industry Outlook Conference September 29 2006 Presented by: Patrick Newport Principal, U.S. Macroeconomic Service 781-301-9125 patrick.newport@globalinsight.com

More information

Southwest Ohio Regional Economy in Context. Richard Stock, PhD. Business Research Group

Southwest Ohio Regional Economy in Context. Richard Stock, PhD. Business Research Group Southwest Ohio Regional Economy in Context Richard Stock, PhD. Business Research Group State of the Metro Area (in January Each Year) Total Employment has slowly increased in the last three years after

More information

The 2015 Mid-Year Economic Update

The 2015 Mid-Year Economic Update Download slides here at www.mdm.com/slides or email info@mdm.com The 2015 Mid-Year Economic Update Brian Lewandowski and Thomas P. Gale June 18, 2015 Produced by: Sponsored by: Download slides here at

More information

2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy

2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy 2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,

More information

Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip?

Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip? Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip? Ross DeVol Chief Research Officer (310) 570 4615 rdevol@milkeninstitute.org www.milkeninstitute.org Presentation

More information

The Economic Outlook. Economic Policy Division

The Economic Outlook. Economic Policy Division The Economic Outlook Economic Policy Division Glass Half Full Six plus years of moderate growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half

More information

Your Texas Economy. Last updated: January 30, 2018

Your Texas Economy. Last updated: January 30, 2018 Your Texas Economy Last updated: January 30, 2018 Texas economy strong in 2017 2017 job growth was 2.4% Overview 2015/2016 job growth was much weaker due to the oil bust (1.3% and 1.2%, respectively) 2014

More information

U.S. AUTO INDUSTRY UPDATE Federal Reserve Bank of Chicago Automotive Outlook Symposium. Emily Kolinski Morris Chief Economist May 2015

U.S. AUTO INDUSTRY UPDATE Federal Reserve Bank of Chicago Automotive Outlook Symposium. Emily Kolinski Morris Chief Economist May 2015 U.S. AUTO INDUSTRY UPDATE Federal Reserve Bank of Chicago Automotive Outlook Symposium Emily Kolinski Morris Chief Economist May 2015 NORTH AMERICA INDUSTRY VOLUME SUMMARY 13.1 Total North America* (Mils.)

More information

The Economic Outlook. Economic Policy Division

The Economic Outlook. Economic Policy Division The Economic Outlook Economic Policy Division Glass Half Full Six years of steady growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half Full

More information

Small Business Dynamics and Job Creation. Small Business Numbers, Pretty Pictures and Not So Pretty Pictures

Small Business Dynamics and Job Creation. Small Business Numbers, Pretty Pictures and Not So Pretty Pictures Small Business Dynamics and Job Creation Or Small Business Numbers, Pretty Pictures and Not So Pretty Pictures Brian Headd Office of Advocacy U.S. Small Business Administration Employers 8,000,000 7,500,000

More information

Telling Canada s story in numbers Elizabeth Richards Analytical Studies Branch April 20, 2017

Telling Canada s story in numbers Elizabeth Richards Analytical Studies Branch April 20, 2017 Recent Developments in the Canadian Economy: How have the decline in oil prices and a weaker Canadian dollar affected Canada s economy? www.statcan.gc.ca Telling Canada s story in numbers Elizabeth Richards

More information

colorado.edu/business/brd

colorado.edu/business/brd colorado.edu/business/brd Big Changes, Unknown Impacts Southwest Business Forum Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January

More information

Understanding the. Dr. Christopher Waller. Federal Reserve Bank of St. Louis

Understanding the. Dr. Christopher Waller. Federal Reserve Bank of St. Louis Understanding the Unemployment Picture Dr. Christopher Waller Senior Vice President and Director of fresearch Federal Reserve Bank of St. Louis By David Andolfatto and Marcela Williams A Look at Unemployment

More information

Carol Tomé CFO and Executive Vice President, Corporate Services

Carol Tomé CFO and Executive Vice President, Corporate Services Carol Tomé CFO and Executive Vice President, Corporate Services Financial Overview December 6, 2017 1 Discussion Overview Fiscal 2017 Financial Guidance Our View of the Economy and State of the U.S. Housing

More information

Will 2016 Be the Last Hurrah for Commercial Real Estate? Presented By: John Chang First Vice-President Marcus & Millichap Research Services

Will 2016 Be the Last Hurrah for Commercial Real Estate? Presented By: John Chang First Vice-President Marcus & Millichap Research Services Will 2016 Be the Last Hurrah for Commercial Real Estate? Presented By: John Chang First Vice-President Marcus & Millichap Research Services Rising Uncertainty Creating Headwinds for Commercial Real Estate

More information

Economic Outlook. Peter Rupert Professor and Chair Department of Economics, UCSB Director, UCSB Economic Forecast Project

Economic Outlook. Peter Rupert Professor and Chair Department of Economics, UCSB Director, UCSB Economic Forecast Project Economic Outlook Peter Rupert Professor and Chair Department of Economics, UCSB Director, UCSB Economic Forecast Project League of California Cities Monterey, CA December 3, 2014 Economic Update economic

More information

The Virginia Economy: Labor Markets and Workforce

The Virginia Economy: Labor Markets and Workforce The Virginia Economy: Labor Markets and Workforce April 4, 2017 Sonya Ravindranath Waddell Regional Economist Research Department The views and opinions expressed herein are those of the author. They do

More information

RBC Economics Financial Update Dawn Desjardins

RBC Economics Financial Update Dawn Desjardins RBC Economics Financial Update Dawn Desjardins CICA/RBC Q4 2011 Business Monitor Economic Results Overview Business and Economic Optimism Begin to Stablize 100 % 80 % 60 % 40 % 20 % 0 % National Optimism

More information

Zions Bank Economic Overview Coldwell Banker Commercial Group. November 6, 2017

Zions Bank Economic Overview Coldwell Banker Commercial Group. November 6, 2017 Zions Bank Economic Overview Coldwell Banker Commercial Group November 6, 2017 National Economic Conditions Dow Breaks 23,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election

More information

Recent Developments in the U.S. Manufacturing Industry

Recent Developments in the U.S. Manufacturing Industry REGIONAL ECONOMIC BRIEFING Recent Developments in the U.S. Manufacturing Industry Kevin L. Kliesen Business Economist and Research Officer September 7, 2017 1 Disclaimer The views we will express today

More information

Kevin Thorpe Financial Economist & Principal Cassidy Turley

Kevin Thorpe Financial Economist & Principal Cassidy Turley Kevin Thorpe Financial Economist & Principal Cassidy Turley Economic & Commercial Real Estate Outlook Kevin Thorpe, Chief Economist 2012 Another Year Of Modest Improvement 2006Q1 2006Q3 2007Q1 2007Q3 2008Q1

More information

The U.S. Economic Recovery: Why so weak and what should be done? William J. Crowder Ph.D.

The U.S. Economic Recovery: Why so weak and what should be done? William J. Crowder Ph.D. The U.S. Economic Recovery: Why so weak and what should be done? William J. Crowder Ph.D. Weak Recovery? It s no secret that the U.S. economy has still not fully recovered from the financial crisis and

More information

INTERSECTIONS. Metro Denver 2016 Economic Forecast January 2016

INTERSECTIONS. Metro Denver 2016 Economic Forecast January 2016 INTERSECTIONS Metro Denver 2016 Economic Forecast January 2016 Employment Intersections Employment growth and Great Recession recovery Industry clusters Average annual salary Photo Credit: istockphoto

More information

MUSTAFA MOHATAREM Chief Economist, General Motors

MUSTAFA MOHATAREM Chief Economist, General Motors MUSTAFA MOHATAREM Chief Economist, General Motors INTRODUCTION The U.S. economy continues to grow at a gradual but also erratic pace The current recovery is one of the slowest in the post-wwii U.S. history.

More information

Growth, Innovation, and the Future of the Arizona Economy. Michael Crow Arizona State University December 21, 2016

Growth, Innovation, and the Future of the Arizona Economy. Michael Crow Arizona State University December 21, 2016 Growth, Innovation, and the Future of the Arizona Economy Michael Crow Arizona State University December 21, 2016 Billions Arizona Gross Domestic Product, 2005-2016 $280 $275 $270 $265 $260 $255 $250 $245

More information

Real GDP Growth Quarterly Real GDP

Real GDP Growth Quarterly Real GDP Real GDP Growth Quarterly Real GDP Percent Change, SAAR 10.0 8.0 6.0 4.0 2.0 0.0-2.0-4.0-6.0-8.0-10.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 Sources: Bureau of Economic Analysis

More information

Global economy s strong momentum intact despite elevated level of uncertainty. Canada headed for another year of solid growth

Global economy s strong momentum intact despite elevated level of uncertainty. Canada headed for another year of solid growth ECONOMICS I RESEARCH Global economy s strong momentum intact despite elevated level of uncertainty Canada headed for another year of solid growth Dawn Desjardins (Deputy Chief Economist) (416) 974-6919

More information

Steel Market Outlook. AM/NS Calvert

Steel Market Outlook. AM/NS Calvert Steel Market Outlook AM/NS Calvert Agenda Economic indicators Key steel consuming markets and forecasted demand Steel consumptions trends Global steel markets and raw materials Comments on trade 1 U.S.

More information

2016 Mid-Year Economic Update

2016 Mid-Year Economic Update 2016 Mid-Year Economic Update Featuring: Brian Lewandowski, University of Colorado Boulder Jenel Stelton-Holtmeier, Modern Distribution Management Sponsored by: June 14, 2016 Introduction Macroeconomic

More information

U.S Cement Outlook IEEE. Ed Sullivan Group VP, Chief Economist

U.S Cement Outlook IEEE. Ed Sullivan Group VP, Chief Economist U.S Cement Outlook IEEE Ed Sullivan Group VP, Chief Economist 1 Construction Activity Billion Real $ 1,400 1,200 1,000 2014 = 2.5% 2015 = 5.6% 800 600 400 200 0 12 Year Peak-to- Peak Recovery 1998 2000

More information

U.S. REITs have rebounded strongly Dow Jones Equity REIT Total Return Index

U.S. REITs have rebounded strongly Dow Jones Equity REIT Total Return Index U.S. REITs have rebounded strongly Dow Jones Equity REIT Total Return Index Index, 2005 = 100 250 200 150 100 50 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Sources: Bloomberg, Dow Jones. Affordability

More information

Current Hawaii Economic Conditions. Eugene Tian

Current Hawaii Economic Conditions. Eugene Tian Current Hawaii Economic Conditions Eugene Tian Department of Business, Economic Development & Tourism At the PATA/TTRA 2016 Annual Outlook & Economic Forecast Forum February 3, 2016 Positive Signs in the

More information

EFFECTS OF EXTENDING AND EXPANDING ENERGY-EFFICIENCY TAX DEDUCTION FOR COMMERCIAL BUILDINGS

EFFECTS OF EXTENDING AND EXPANDING ENERGY-EFFICIENCY TAX DEDUCTION FOR COMMERCIAL BUILDINGS EFFECTS OF EXTENDING AND EXPANDING ENERGY-EFFICIENCY TAX DEDUCTION FOR COMMERCIAL BUILDINGS Prepared by Regional Economic Models, Inc. (REMI) Agenda Overview of 179D tax provision Energy efficiency and

More information

MBA Economic and Mortgage Finance Outlook

MBA Economic and Mortgage Finance Outlook MBA Economic and Mortgage Finance Outlook MBA of Alabama Annual Conference June 7, 2017 Presented by Lynn Fisher Mortgage Bankers Association 1 Summary of the MBA Outlook 2016 2017 2018 2019 GDP Growth

More information

5. Golf Industry Trends and Developments in the US 6. The US Macro Economy Factors and Impact over Golf Industry

5. Golf Industry Trends and Developments in the US 6. The US Macro Economy Factors and Impact over Golf Industry TABLE OF CONTENTS 1. Golf Industry Performance Worldwide 1.1. Overview 1.2. Global Golf Equipment Demand and Economy 2. The US Golf Industry Overview 2.1. Industry Segmentation 3. Industry Performance

More information

THE FUTURE OF SALES TAX REVENUE

THE FUTURE OF SALES TAX REVENUE THE FUTURE OF SALES TAX REVENUE Presented by Adam Fulton, Senior Economic Associate The Outlook for Sales Taxes State governments rely on state sales taxes for more than a fifth of their revenue Economic

More information

2010 Credit Suisse Holiday Conference December 7, 2010

2010 Credit Suisse Holiday Conference December 7, 2010 2010 Credit Suisse Holiday Conference December 7, 2010 Forward Looking Statements The Company claims the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities

More information

2009 California & Bay Area Real Estate Market Outlook

2009 California & Bay Area Real Estate Market Outlook 2009 California & Bay Area Real Estate Market Outlook November 24, 2008 Fairmont Hotel Leslie Appleton-Young C.A.R. Vice President and Chief Economist California Real Estate Market: 2008 California s Housing

More information

CU Real Estate Forum. The Game is Still Going. The Longest 7 th Inning Ever. Presenter: Doug Wulf. Monday, December 7, 2015

CU Real Estate Forum. The Game is Still Going. The Longest 7 th Inning Ever. Presenter: Doug Wulf. Monday, December 7, 2015 CU Real Estate Forum The Game is Still Going The Longest 7 th Inning Ever Presenter: Doug Wulf Monday, December 7, 2015 Out! Safe! Where Are We in the Cycle? Recession-Recovery Table History is not on

More information

The Future of Retailing in the South Africa to 2018

The Future of Retailing in the South Africa to 2018 The Future of Retailing in the South Africa to 2018 Consumer and retailer trends, issues and market dynamics Report Code: RT0160MR Report Price: US$4,950 (Single Copy) www.conlumino-winesandspirits.com

More information

Trade Growth - Fundamental Driver of Port Operations and Development Strategies

Trade Growth - Fundamental Driver of Port Operations and Development Strategies Trade Growth - Fundamental Driver of Port Operations and Development Strategies Marine Terminal Management Training Program October 15, 2007 Long Beach, CA Paul Bingham Global Insight, Inc. 1 Agenda Economic

More information

Lodging Market Update. Valley Hotel and Resort Association April 13, 2016 Presented by: Robert Hayward

Lodging Market Update. Valley Hotel and Resort Association April 13, 2016 Presented by: Robert Hayward Lodging Market Update Valley Hotel and Resort Association April 13, 2016 Presented by: Robert Hayward United States Lodging Market 63.7% 59.8% 58.9% 59.2% 61.3% 63.1% 63.3% 63.1% 60.3% 55.1% 57.5% 59.9%

More information

Distributional National Accounts: Methods and Estimates for the United States

Distributional National Accounts: Methods and Estimates for the United States Distributional National Accounts: Methods and Estimates for the United States Thomas Piketty (PSE) Emmanuel Saez (UC Berkeley) Gabriel Zucman (UC Berkeley) November 2016 There is a large disconnect today

More information

UNIVERSITY OF CALIFORNIA Economics 134 DEPARTMENT OF ECONOMICS Spring 2018 Professor David Romer

UNIVERSITY OF CALIFORNIA Economics 134 DEPARTMENT OF ECONOMICS Spring 2018 Professor David Romer UNIVERSITY OF CALIFORNIA Economics 134 DEPARTMENT OF ECONOMICS Spring 2018 Professor David Romer LECTURE 2 OVERVIEW OF THE GREAT DEPRESSION January 22, 2018 I. THE 1920S A. GDP growth and inflation B.

More information

The Economic Impacts of THE ECONOMIC AND FISCAL IMPACTS OF CAMBIA HEALTH SOLUTIONS

The Economic Impacts of THE ECONOMIC AND FISCAL IMPACTS OF CAMBIA HEALTH SOLUTIONS The Economic Impacts of THE ECONOMIC AND FISCAL IMPACTS OF CAMBIA HEALTH SOLUTIONS Contents Section 1 Executive Summary Key Findings...4 Section 2 About Cambia HEALTH SOLUTIONS Company History...6 Current

More information

Major Issues and Trends Facing the Port and Marine Transportation Industry

Major Issues and Trends Facing the Port and Marine Transportation Industry Major Issues and Trends Facing the Port and Marine Transportation Industry Presented to: AAPA Marine Terminal Management Training Program April 24, 2006 Charleston Riverview Hotel Charleston, SC - USA

More information

The Future of Retailing in Canada to 2018

The Future of Retailing in Canada to 2018 Comprehensive data overview of the market, with retail sales value and forecasts to 2018 Report Code: RT0191MR Report Price: US$4,950 (Single Copy) www.conlumino-winesandspirits.com Summary The Future

More information

The Future of Retailing in Norway to 2018

The Future of Retailing in Norway to 2018 Comprehensive data overview of the market, with retail sales value and forecasts to 2018 Report Code: RT0197MR Report Price: US$4,950 (Single Copy) www.conlumino-winesandspirits.com Summary The Future

More information

US Economic Outlook IHS ECONOMICS & COUNTRY RISK. Global Economics & Country Risk Conference

US Economic Outlook IHS ECONOMICS & COUNTRY RISK. Global Economics & Country Risk Conference IHS ECONOMICS & COUNTRY RISK Global Economics & Country Risk Conference US Economic Outlook How long will the ride last? November 2014 ihs.com Douglas Handler, IHS Chief US Economist, +1 781 301 9283,

More information

U.S. Property Market Outlook, 2013Q1. Jim Costello, Managing Director CBRE Americas Research Investment Research

U.S. Property Market Outlook, 2013Q1. Jim Costello, Managing Director CBRE Americas Research Investment Research U.S. Property Market Outlook, 2013Q1 Jim Costello, Managing Director CBRE Americas Research Investment Research CBRE Page 2 Outlook for the Real Side of the Economy Operationally, what do Research Teams

More information

2012 Raleigh-Durham Market Forecast Investment Sales. Jeff Glenn CBRE Wednesday, March 21, 2012

2012 Raleigh-Durham Market Forecast Investment Sales. Jeff Glenn CBRE Wednesday, March 21, 2012 2012 Raleigh-Durham Market Forecast Investment Sales Jeff Glenn CBRE Wednesday, March 21, 2012 What s Wrong with this Picture? TOPICS I. National Perspective II. Raleigh-Durham Spotlight III. A Closer

More information

Hunter and Angler Expenditures, Characteristics, and Economic Effects, North Dakota,

Hunter and Angler Expenditures, Characteristics, and Economic Effects, North Dakota, Agribusiness and Applied Economics Report No. 507-S January 2003 Hunter and Angler Expenditures, Characteristics, and Economic Effects, North Dakota, 2001-2002 Dean A. Bangsund and F. Larry Leistritz*

More information

Job Creation Survey, 4 th Quarter 2015 and 1 st Quarter 2016

Job Creation Survey, 4 th Quarter 2015 and 1 st Quarter 2016 Job Creation Survey, 4 th Quarter 2015 and 1 st Quarter 2016 Summary Finding and Selected Tables National Bureau of Statistics June, 2016. Summary Findings and Tables of the Quarterly Job Creation 4 th

More information

More relatively-poor people in a less absolutely-poor world

More relatively-poor people in a less absolutely-poor world World Bank Presentation on Shared Prosperity, December 3, 2013 More relatively-poor people in a less absolutely-poor world Martin Ravallion Department of Economics, Georgetown University Looking back 200

More information

THE 2010 MSP REGION TRAVEL BEHAVIOR INVENTORY (TBI) REPORT HOME INTERVIEW SURVEY. A Summary of Resident Travel in the Twin Cities Region

THE 2010 MSP REGION TRAVEL BEHAVIOR INVENTORY (TBI) REPORT HOME INTERVIEW SURVEY. A Summary of Resident Travel in the Twin Cities Region THE 2010 MSP REGION TRAVEL BEHAVIOR INVENTORY (TBI) REPORT HOME INTERVIEW SURVEY A Summary of Resident Travel in the Twin Cities Region October 2013 WHAT IS THE TBI? The Travel Behavior Inventory (TBI)

More information

The NAPM-Chicago Business Survey. Jack L Bishop Jr, PhD President, Kingsbury International Ltd

The NAPM-Chicago Business Survey. Jack L Bishop Jr, PhD President, Kingsbury International Ltd The NAPM-Chicago Business Survey Jack L Bishop Jr, PhD President, Kingsbury International Ltd 1 WHY ECONOMICS? THE REASON FOR STUDYING ECONOMICS IS TO AVOID BEING DECEIVED BY ECONOMISTS Joan Robinson,

More information

The TRUTH IN NUMBERS Rennie Group 1 November 2017 Andrew Ramlo, VP Market Intelligence

The TRUTH IN NUMBERS Rennie Group 1 November 2017 Andrew Ramlo, VP Market Intelligence The TRUTH IN NUMBERS Rennie Group 1 November 2017 Andrew Ramlo, VP Market Intelligence aramlo@rennie.com Ryan Berlin, Senior Economist rberlin@rennie.com Demographic 2016 The People Growth & Change 100

More information

Outline. Overview of globalization. Global outlook for real economic activity & inflation. Risks to the outlook

Outline. Overview of globalization. Global outlook for real economic activity & inflation. Risks to the outlook 2017 International Economic Outlook Everett Grant Research Economist Globalization & Monetary Policy Institute Federal Reserve Bank of Dallas October 2017 The views expressed are those of the author and

More information

Dick Vos Senior Manager Research & Strategy

Dick Vos Senior Manager Research & Strategy Dick Vos Senior Manager Research & Strategy! House prices now falling at fastest rate since early 1990s House prices will fall 7% in 'uncertain' market IMF warns on global house prices House prices Through

More information

Regional Economic Conditions

Regional Economic Conditions Regional Economic Conditions Jason Bram, Research Officer Community Advisory Group Meeting June 27, 2017 The views expressed here are those of the presenter and do not necessarily represent those of the

More information

China s Industrial Capabilities and Trade

China s Industrial Capabilities and Trade China s Industrial Capabilities and Trade Loren Brandt Thomas Rawski June 16, 2005 Key Facts: China, 2003 Population: 1.3 billion (1 st ) GNP: $US 1.4 trillion (3 rd ) Foreign Trade: $US 850.1 (3rd) GNP

More information

Steel: A Buyer s Market for the Worst of Reasons. John Anton Director, IHS Global Insight Steel Service August 2009

Steel: A Buyer s Market for the Worst of Reasons. John Anton Director, IHS Global Insight Steel Service August 2009 Steel: A Buyer s Market for the Worst of Reasons John Anton Director, IHS Global Insight Steel Service August 2009 The U.S. Recession Is Bottoming Out This recession has been the most severe of the postwar

More information

THE ECONOMIC IMPACT OF RECREATIONAL SALTWATER FISHING ON THE LOUISIANA ECONOMY

THE ECONOMIC IMPACT OF RECREATIONAL SALTWATER FISHING ON THE LOUISIANA ECONOMY THE ECONOMIC IMPACT OF RECREATIONAL SALTWATER FISHING ON THE LOUISIANA ECONOMY By Loren C. Scott & Associates, Inc. 743 Woodview Court Baton Rouge, LA 70810 225-751-1707 lorencscott@aol.com for The Coastal

More information

Energy Outlook Global and Domestic Trends and Challenges. Dr. John Caldwell Director of Economics, EEI 1

Energy Outlook Global and Domestic Trends and Challenges. Dr. John Caldwell Director of Economics, EEI 1 Energy Outlook Global and Domestic Trends and Challenges Dr. John Caldwell Director of Economics, EEI 1 World GDP Growth Other Economies are Outpacing the U.S. Other, 7996.16, 11% Africa, 3962.51, 6% Latin

More information

The Party Is Over U.S. Automotive Outlooks

The Party Is Over U.S. Automotive Outlooks The Party Is Over U.S. Automotive Outlooks Yen Chen Senior Research Economist Center for Automotive Research Federal Reserve Bank of Chicago Economic Outlook Symposium December 1, 2017 U.S. Light Vehicle

More information

Residential Jurisdistions of Attendees 1998 Breeders Cup Races in Louisville

Residential Jurisdistions of Attendees 1998 Breeders Cup Races in Louisville Residential Jurisdictions of Attendees, 1998 Breeders Cup Race in Louisville share of jurisdiction number total 1 Kentucky resident, Louisville MSA 35,515 44.1% 2 Indiana resident, Louisville MSA 3,088

More information

Overview of the Philippines Action Plan for AEC Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority

Overview of the Philippines Action Plan for AEC Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority Overview of the Philippines Action Plan for AEC 2015 Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority Marriot Hotel, Newport City 8 October 2014 Outline AEC 2015

More information

Location Matters: Where America Is Moving

Location Matters: Where America Is Moving Location Matters: Where America Is Moving Nearly half of all American households plan to move at some point in the future. While some will move for a larger or nicer home, or perhaps to purchase a home

More information

Great Depressions of the Twentieth Century Project

Great Depressions of the Twentieth Century Project Great Depressions of the Twentieth Century Project Timothy J. Kehoe and Edward C. Prescott www.greatdepressionsbook.com Cole and Ohanian, The Great Depression in the United States from a Neoclassical Perspective,

More information

BBL Seminar. Handout. September 12, CAI Fang. China s Demographic Change and Implications for Rest of the World"

BBL Seminar. Handout. September 12, CAI Fang. China s Demographic Change and Implications for Rest of the World Research Institute of Economy, Trade and Industry (RIETI) BBL Seminar Handout September 12, 2011 China s Demographic Change and Implications for Rest of the World" CAI Fang http://www.rieti.go.jp/jp/index.html

More information

Eurostatistics DATA FOR SHORT-TERM ECONOMIC ANALYSIS 04/2018. Statistical

Eurostatistics DATA FOR SHORT-TERM ECONOMIC ANALYSIS 04/2018. Statistical Eurostatistics DATA FOR SHORT-TERM ECONOMIC ANALYSIS /8 Statistical books Eurostatistics DATA FOR SHORT-TERM ECONOMIC ANALYSIS /8 Manuscript completed in April 8 Neither the European Commission nor any

More information

The U.S. & World Economy: The Good, the Bad, and the Ugly

The U.S. & World Economy: The Good, the Bad, and the Ugly The U.S. & World Economy: The Good, the Bad, and the Ugly Michael Strauss Chief Economist and Chief Investment Strategist Commonfund October 16, 2012 The U.S. & World Economy: The Good, the Bad, and the

More information

Commodity Market Outlook: Corn, Forage, Wheat & Cattle

Commodity Market Outlook: Corn, Forage, Wheat & Cattle Commodity Market Outlook: Corn, Forage, Wheat & Cattle Stephen R. Koontz Professor & extension economist Department of Agricultural & Resource Economics Colorado State University Stephen.Koontz@ColoState.Edu

More information

THE PERRYMAN GROUP. The Economic Benefits of the Precision Dance Industry Inspired by the Kilgore College Rangerettes

THE PERRYMAN GROUP. The Economic Benefits of the Precision Dance Industry Inspired by the Kilgore College Rangerettes The Economic Benefits of the Precision Dance Industry Inspired by the Kilgore College Rangerettes THE PERRYMAN GROUP 510 N. Valley Mills Dr. Suite 300 Waco, TX 76710 ph. 254.751.9595 fax 254.751.7855 info@perrymangroup.com

More information

The State of Alberta s Labour Market Update. April 27, 2016

The State of Alberta s Labour Market Update. April 27, 2016 The State of Alberta s Labour Market Update April 27, 2016 State of the economy... Are we close to the bottom? Total Employed - All Industries vs Oil Prices (WTI) $&#%%" $$#"!&#%%"!#"!&%%%" #%%" %" '()*%!"!"

More information

State of the Philadelphia Housing Market

State of the Philadelphia Housing Market State of the Philadelphia Housing Market September 17, 2014 KEVIN C. GILLEN, Ph.D. gillenk@upenn.edu Disclaimers and Acknowledgments: The Fels Institute of Government at the University of Pennsylvania

More information

Figure 1: Gini coefficient

Figure 1: Gini coefficient 0.50 Figure 1: Gini coefficient Gini coefficient 0.45 0.40 0.35 0.30 All Workers Men Women 1940 1950 1960 1970 1980 1990 2000 Source: Kopczuk, Saez, Song QJE'10: Wage earnings inequality Year Top 10% Pre-

More information

University Of Maryland

University Of Maryland 2000 Census Census Data 200 Census Change 2000 to 200 SUBJECT Number Percent SUBJECT Number Percent Number Percent TOTAL POPULATION 437 TOTAL POPULATION 246-9 -43.7 White 283 64.8 White 65 67. -8-4.7 Black

More information

THE PHILIPPINE ECONOMY: Recent Performance and Long-Term Outlook. Undersecretary Rolando G. Tungpalan 17 February 2016

THE PHILIPPINE ECONOMY: Recent Performance and Long-Term Outlook. Undersecretary Rolando G. Tungpalan 17 February 2016 THE PHILIPPINE ECONOMY: Recent Performance and Long-Term Outlook Undersecretary Rolando G. Tungpalan 17 February 2016 Favorable Macroeconomic Trends The Philippines has been on a higher growth trajectory

More information

Farm Sector Income & Finances 2016 Outlook. By Ryan Kuhns and Kevin Patrick March 16, 2016

Farm Sector Income & Finances 2016 Outlook. By Ryan Kuhns and Kevin Patrick March 16, 2016 Farm Sector Income & Finances 2016 Outlook By Ryan Kuhns and Kevin Patrick March 16, 2016 Background The Economic Research Service forecasts the farm sector s income statement and balance sheet Last released

More information

THE ECONOMIC CONTRIBUTION FROM HORSES

THE ECONOMIC CONTRIBUTION FROM HORSES THE ECONOMIC CONTRIBUTION FROM HORSES ECONOMIC CONTRIBUTION FROM HORSES HIGHLIGHTS The horse industry contributes more than $19 billion annually to the Canadian economy On-farm activities with horses generate

More information

Susan J. Adams, PhD IMF-PFTAC Coordinator

Susan J. Adams, PhD IMF-PFTAC Coordinator A MACROECONOMIC PORTRAIT OF THE PACIFIC: A Presentation for PEGASeS August 16, 2007 Susan J. Adams, PhD IMF-PFTAC Coordinator Compiled by the IMF Asia and Pacific Department Edited by PFTAC OUTLINE OF

More information

Abel M. Mateus Universidade Nova de Lisboa

Abel M. Mateus Universidade Nova de Lisboa Abel M. Mateus Universidade Nova de Lisboa It is widely known the success of Asian Tigers But is less known that Portugal was one of the few countries, similar to the Asian Tigers, that changed from a

More information

Nevada County Population Projections 2015 to 2034

Nevada County Population Projections 2015 to 2034 Nevada County Population Projections 2015 to 2034 Prepared By: Jeff Hardcastle, AICP Nevada State Demographer Nevada Department of Taxation Reno Office: 4600 Kietzke Lane, Building L Suite 235 Reno, NV

More information

Integration of Sustainable Development on Long Island s Coastal Industries 1

Integration of Sustainable Development on Long Island s Coastal Industries 1 Integration of Sustainable Development on Long Island s Coastal Industries 1 Sheng Li, (lis@farmingdale.edu) Richard Vogel (vogelrm@farmingdale.edu) Nanda Viswanathan (nanda.viswanathan@farmingdale.edu)

More information

THE ECONOMIC IMPACT OF THE IOWA RACE HORSE INDUSTRY ON THE IOWA ECONOMY

THE ECONOMIC IMPACT OF THE IOWA RACE HORSE INDUSTRY ON THE IOWA ECONOMY THE ECONOMIC IMPACT OF THE IOWA RACE HORSE INDUSTRY ON THE IOWA ECONOMY by (TRA, Inc.) 107 West Short Street Lexington, KY 40507 Telephone: (859) 255-3073 Fax: (859) 254-8103 e-mail: rthal@gte.net for

More information

Bay Area Houston Economic Partnership Demographic Report. October 2014

Bay Area Houston Economic Partnership Demographic Report. October 2014 Bay Area Houston Economic Partnership Demographic Report October 2014 BAHEP Region Represented by 17 Zip Codes Population Trend 1990 to 2014 329,091 406,765 477,733 506,123 7,376 new residents each year

More information

METRO RTA TRANSIT MASTER PLAN. May 25-26, 2011

METRO RTA TRANSIT MASTER PLAN. May 25-26, 2011 METRO RTA TRANSIT MASTER PLAN May 25-26, 2011 WHAT IS THE TRANSIT MASTER PLAN? A twenty-year plan for METRO RTA What will METRO look like in 2031? 1 TRANSIT TECHNOLOGIES 2 TRANSIT TECHNOLOGIES Transit

More information

Ticket Sales. Other Income. Unclaimed Prizes. Distribution to EETF from Lottery Receipts

Ticket Sales. Other Income. Unclaimed Prizes. Distribution to EETF from Lottery Receipts LOTTERY ESTIMATING CONFERENCE, August 8, 2017 LOTTERY SALES PROJECTIONS SUMMARY Ticket Sales Dec 2016 Aug 2017 Diff. 2015-16 6063.2 6063.2 0.0 2016-17 5954.5 6157.0 202.4 2017-18 6025.0 6358.9 333.9 2018-19

More information

44 Economic Perspectives

44 Economic Perspectives 44 Economic Perspectives Source: Kotlikoff (1988), p. 44 In Hundreds 70 Of Dollars 60 50.. 40. 30 ;-*** * s EARNINGS 20 -CONSUMPTION 10 10 20 30 40 50 60 70 Age 1910 1920 1930 1940 1950 1960 Year Fig.

More information

CAR MANAGEMENT BRIEFING SEMINARS. August 1, 2017

CAR MANAGEMENT BRIEFING SEMINARS. August 1, 2017 Retooling For Growth in a Dynamic Market CAR MANAGEMENT BRIEFING SEMINARS August 1, 2017 Mike Jackson Executive Director, Strategy and Research Original Equipment Suppliers Association mjackson@oesa.org

More information

Issues in the Long-Term Economic Outlook for Canada

Issues in the Long-Term Economic Outlook for Canada Policy and Economic Analysis Program Rotman School of Management University of Toronto Issues in the Long-Term Economic Outlook for Canada Office of the Chief Actuary Canada Pension Plan Seminar September

More information

sector: recent developments VÍTOR CONSTÂNCIO

sector: recent developments VÍTOR CONSTÂNCIO The economy and the banking sector: recent developments VÍTOR CONSTÂNCIO January 2006 Recent performance of the economy and prospects Factors behind the period of slow growth Challenges to the Banking

More information

The 2001 Economic Benefits of Hunting, Fishing and Wildlife Watching in MISSOURI. Prepared by:

The 2001 Economic Benefits of Hunting, Fishing and Wildlife Watching in MISSOURI. Prepared by: The 2001 Economic Benefits of Hunting, Fishing and Wildlife Watching in MISSOURI Prepared by: Southwick Associates, Inc. PO Box 6435 Fernandina Beach, FL 32035 Ph (904) 277-9765 Fax (904) 261-1145 Email:

More information

2017 PNG Economic Survey. Rohan Fox (ANU), Stephen Howes (ANU), Nelson Atip Nema (UPNG), Marcel Schröder (UPNG and ANU)

2017 PNG Economic Survey. Rohan Fox (ANU), Stephen Howes (ANU), Nelson Atip Nema (UPNG), Marcel Schröder (UPNG and ANU) 2017 PNG Economic Survey Rohan Fox (ANU), Stephen Howes (ANU), Nelson Atip Nema (UPNG), Marcel Schröder (UPNG and ANU) Introduction New government, new plan Short-term challenges: recession, falling government

More information