Wenlin Liu, Senior Economist. Stateof Wyoming. Economic Analysis Division State of Wyoming 1
|
|
- Jocelyn Bell
- 5 years ago
- Views:
Transcription
1 WYOMING DEMOGRAPHIC AND ECONOMIC TREND LCCC LIFE Program April 7, 2012 Cheyenne, Wyoming Wenlin Liu, Senior Economist Economic Analysis Division Stateof Wyoming Economic Analysis Division State of Wyoming 1
2 Increasingly Solid National Economy The economic recovery is gaining traction: Job growth largest 3 month increases since Unemployment insurance claim lowest in 4 years. Consumer confidence is rising highest in 4 years. Companies are in excellent financial shape. Manufacturing is growing stronger. Automobile sales are gaining highest in 4 years. Construction has turned the corner. Europe threat is subsiding. Banks are lending. Stock market is rising. Negative factors: Surging gasoline price. Still depressed housing market. Slower growth in emerging markets. Long term deficit. Economic Analysis Division State of Wyoming 2
3 March 2012 price recorded the highest March Price ever Economic Analysis Division State of Wyoming 3
4 Regular Retail Gasoline Prices by State: March 2012 HI: $4.60 AK, CA, IL: $4.30 WY: $3.50 CT, D.C., IN, MI, NY, OR, WA: >$4.00 Economic Analysis Division State of Wyoming 4
5 Economic Analysis Division State of Wyoming 5
6 Economic Analysis Division State of Wyoming 6
7 Economic Analysis Division State of Wyoming 7
8 Populatio on 575, ,000 Wyoming Population and Net Migration: 1970 to 2011 Population Net Migration 20,000 15, ,000 10, ,000 5, ,000 0 Net 450, ,000-5,000-10,000 Migration 400,000-15, ,000-20, , , ,000 '70 '72 '74 '76 '78 '80 '82 '84 '86 '88 '90 '92 '94 '96 '98 '00 '02 '04 '06 '08 '10-30,000 Net Migration = Inmigration - Outmigration Source: U.S. Census Bureau Prepared by Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 8
9 12 th Economic Analysis Division State of Wyoming 9
10 Economic Analysis Division State of Wyoming 10
11 Economic Analysis Division State of Wyoming 11
12 Wyoming Population and Change by Race and Ethnicity: 2000 to 2010 Race/Ethnicity # Change % Change White 438, , , % Black 3,504 4, % American Indian 10,238 11,784 1, % Asian 2,670 4,279 1, % Hispanic 31,669 50,231 18, % Other 6,902 9,107 2, % (mixed race) TOTAL 493, ,626 69, % Economic Analysis Division State of Wyoming 12
13 Population Distribution by Race and Hispanic: 2010 Asian 47% 4.7% Amer. Indian 0.7% Other 2.3% Black 12.2% U.S. Hispanic 16.3% White 63.7% Wyoming Asian 08% 0.8% Other Hispanic 1.6% 8.9% Amer. Indian 2.1% Black 0.8% White 85.9% Percent of White: HI 22.7% D.C. 34.8% CA 40.1% NM 40.5% TX 45.3% ME 94.4% VT 94.3% WV 93.2% NH 92.3% ND 88.9% Wyoming ranked 9 th highesth Economic Analysis Division State of Wyoming 13
14 Economic Analysis Division State of Wyoming 14
15 Economic Analysis Division State of Wyoming 15
16 Economic Analysis Division State of Wyoming 16
17 Economic Analysis Division State of Wyoming 17
18 Economic Analysis Division State of Wyoming 18
19 Population Aging Speed and pattern aredetermined by 3 principal factors: Most timportant tis the Secular decline in fertility rates sustained increase in the ratio of old to young (<5 vs. 65 & +). Mortality rates declined substantially in many countries over the past century (rising life expectancy: Japan=83, US=79) public health, medical tech, standards of living. Bb Baby boom in developed dcountries ti pronounced rise in post WWII fertility rates. Percent of Population 65 and over: Japan = 22%; Germany = 20%; Western Europe = 19%. WORLD = 8%. U.S. = 13.0% in 2010, 19.3% in Wyoming = 12.4% in 2010, 20.5% in Economic Analysis Division State of Wyoming 19
20 Economic Analysis Division State of Wyoming 20
21 Male Female Male Female Male Female Male Female Economic Analysis Division State of Wyoming 21
22 Employment by Industry for Wyoming and U.S.: 2010 (Includes: full and part-time wage and salary jobs, and proprietors employment) U.S. Wyoming All Other 20.9% Agriculture 2.0% Mining 0.7% Construction 5.1% Manufactur. 7.0% All Other 19.1% Agriculture 4.0% Mining 7.8% Construction 8.1% Government 14.2% Leisure & Hospitality 9.1% Educational and Health Services 13.3% Wholesale & Retail Trade 13.7% Professional & Business Services 14.0% Government 19.4% Leisure & Hospitality 10.1% Educational and Health Services 8.5% Manufactur. 2.8% Wholesale & Retail Trade 12.4% Professional & Business Services 7.8% Wyoming = 385,704 U.S. = 173,752,400 Mining - 1st Construction 2nd Leisure & Hospitality - 4th Government - 4th Manufacturing 49 th Prof. & Bus. Svcs. 48 th Educ. & Health Svcs. 49 th Economic Analysis Division State of Wyoming 22
23 Gross Domestic Product for Wyoming and U.S.: 2010 by Industry U.S. Wyoming All Other 32.9% Agriculture 1.1% Mining 1.9% Construction 3.5% Manufactur. 11.8% All Other 21.4% Agriculture 1.1% Mining 31.4% Wholesale & Retail Trade 11.5% Government 13.4% Government 12.7% Professional & Business Services 12.2% Leisure & Hospitality 3.6% Educational and Health Leisure & Educational Services Professional Hospitality and Health 4.2% & Business Wholesale & 3.6% Services Services Retail Trade 8.8% 4.0% 9.0% Construction 44% 4.4% Manufactur. 7.5% Note: GDP is often referred to as its "value added", is equal to its gross output (sales or receipts and other operating income, plus inventory change) minus its intermediate inputs (consumption of goods and services purchased from other industries or imported). Economic Analysis Division State of Wyoming 23
24 W ) Non-Agr Wage and Salary Employment for Wyoming and U.S. (Number of jobs) 300 Wyoming US 160,000 mployment (in thousands) Job growth rate: 2006=5.1%, 2007=4.1%, 2008=3.3% 150, , , , , ,000 U.S. Emplo oyment (in th Wyoming Em ,000 80,000 ousands) , '73 '75 '77 '79 '81 '83 '85 '87 '89 '91 '93 '95 '97 '99 '01 '03 '05 '07 '09 '11 60,000 Source: U.S. Bureau of Labor Statistics Prepared by Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 24
25 Percent Wyoming and US Unemployment Rates: Annual Average U.S Wyoming Source: U.S. Bureau of Labor Statistics Prepared by Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 25
26 350, Oct ,000 +8,400 20, , , ,000 Economic Analysis Division State of Wyoming 26
27 Non farm Employment by State Percentage Change (Seasonally Adjusted) Fb February 2011 Fb February % U.S. = 1.5% Economic Analysis Division State of Wyoming 27
28 Unemployment Rate by State February 2012 (Seasonally Adjusted) 5.4% U.S. = 8.3% Economic Analysis Division State of Wyoming 28
29 Wyoming Revenue and Tax Facts Tax structure reliant on extractive industries. Mineral income currently makes up about two thirds of State and half of Local Government revenue. FY 2011 Mineral income is obtained from: Mineral severance taxes ($945.3 million). Federal mineral royalties ($942.4 million). Mineral property taxes ($ million) million). Sales and use taxes ($167.3 million). Income from PWMTF ($215.8 million). No income tax, low property and sales tax rates (food exemption). Near top rank in per capita state and local government revenue and expenditures. Household tax burden ranks among the lowest in the nation. Mineral portion is exported out of state. Economic Analysis Division State of Wyoming 29
30 $1,200 $1,100 $1,000 Mineral Severance Taxes: FY FY2012 (in millions of current dollars) Other Coal Natural Gas Crude Oil $900 $800 $700 $600 $500 $400 $300 $200 $100 $ Source: Wyoming CREG Prepared by Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 30
31 $30, $28,000 $26,000 Total Locally and State Assessed Valuation (in millions of current dollars) Coal Natural Gas Oil Other $24,000 $22,000 $20,000 $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $ * Other includes other minerals, real and personal property Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 31
32 Per Capita Personal Income for US and Wyoming $60,000 $55,000 $50,000 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10, $5,000 U.S. Wyoming Rank in U.S. since 2008: 6 th up 54% from 2002 to : 33 rd $ Source: U.S. Bureau of Economic Analysis and Wyoming Economic Analysis Division Economic Analysis Division State of Wyoming 32
33 Annual Percent Change of Single Family House Price U.S. Wyoming Estimates use all-transactions index which includes purchase and refinance mortgages Source: Federal Housing Finanace Agency ( /) Prepared by Wyoming Economic Analysis Division ( Economic Analysis Division State of Wyoming 33
34 5,000 Residential Building Permits Authorized in Wyoming 4,500 4,000 Multi-Family Units Single-Family Units 3,500 3,000 2,500 2,000 1,500 1, Source: U.S. Census Bureau and Wyoming Economic Analysis DIvision Economic Analysis Division State of Wyoming 34
35 WY economy will continue to improve, though gradually population grow <1%, and employment will grow about 1.5%; unemployment rate remains around 5%. global commodity demand and recent US U.S. uptrend momentum. Expansion of oil development from Niobara Shale, uranium mining from global interest in nuclear power, and development of wind resources. The lagging construction ction industry should have bottomedout. Housing market will recover from the mild correction. Stellar wage growth supports consumers spending and residential construction. Because of its large proportion and pivotal role in WY s economy, the improvement or deterioration in mining industry will trigger into other economic sections. Tourism industry will benefit from national recovery will bolster tourists spending ability. Weak dollar supports international visitors. Negative Factors: persistence of extremely low NG price could impact revenue, coal industry, overall economic recovery to a great extent. Economic Analysis Division State of Wyoming 35
36 Robust Supply tech(hf, HD) Record Storage mild weather Economic Analysis Division State of Wyoming 36
37 THANK YOU! Economic Analysis Division EAD Wyoming s Source for Business and Economic Information ai ead info@wyo.gov (307) Economic Analysis Division State of Wyoming 37
More of the Same; Or now for Something Completely Different?
More of the Same; Or now for Something Completely Different? C2ER Place cover image here Richard Wobbekind Chief Economist and Associate Dean for Business and Government Relations June 14, 2017 Real GDP
More informationZions Bank Economic Overview
Zions Bank Economic Overview Intermountain Credit Education League May 10, 2018 Dow Tops 26,000 Up 48% Since 2016 Election Jan 26, 2018 26,616 Oct 30, 2016 17,888 Source: Wall Street Journal Dow Around
More informationZions Bank Economic Overview
Zions Bank Economic Overview Kenworth National Dealers Conference November 8, 2018 1 National Economic Conditions 2 Volatility Returns to the Stock Market 27,000 Dow Jones Industrial Average October 10,
More informationZions Bank Economic Overview
Zions Bank Economic Overview Veteran Owned Business Conference May 11, 2018 Dow Tops 26,000 Up 48% Since 2016 Election Jan 26, 2018 26,616 Oct 30, 2016 17,888 Source: Wall Street Journal Dow Around Correction
More informationZions Bank Economic Overview
Zions Bank Economic Overview WIB Education Summit September 19, 2017 National Economic Conditions Dow Breaks 22,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Federal
More informationZions Bank Economic Overview
Zions Bank Economic Overview Logan Rotary Club June 28, 2018 Dow Tops 26,000 Up 48% Since 2016 Election Jan 26, 2018 26,616 Oct 30, 2016 17,888 Source: Wall Street Journal Dow Around Correction Territory
More informationEconomic Growth in the Trump Economy
Economic Growth in the Trump Economy Presented to State Data Center Conference William F. Fox, Director November 18, 2016 GDP Grows, Though Slowly 10.0 8.0 Percentage Change, Previous Qtr, SAAR 6.0 4.0
More informationZions Bank Economic Overview
Zions Bank Economic Overview Utah Bankruptcy Lawyers Forum March 20, 2018 National Economic Conditions When Good News is Bad News Is Good News?? Dow Tops 26,000 Up 44% Since 2016 Election Source: Wall
More informationBig 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 informationThe 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 informationZions Bank Economic Overview
Zions Bank Economic Overview UAFS & NAIB Convention September 14, 2017 National Economic Conditions Dow Breaks 22,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source:
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Update.
Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Update February 26, 2013 The Worst Recession Since the Great Depression 0% Loss from Peak
More informationU.S. and Colorado Economic Outlook National Association of Industrial and Office Parks. Business Research Division Leeds School of Business
U.S. and Colorado Economic Outlook National Association of Industrial and Office Parks Presented by the Business Research Division Leeds School of Business University of Colorado at Boulder U.S. Economic
More informationWHERE ARE ARIZONA DEMOGRAPHICS TAKING US? HOW GROWING SLOWER, OLDER AND MORE DIVERSE AFFECTS REAL ESTATE
WHERE ARE ARIZONA DEMOGRAPHICS TAKING US? HOW GROWING SLOWER, OLDER AND MORE DIVERSE AFFECTS REAL ESTATE March 2017 Tom Rex Office of the University Economist and Center for Competitiveness and Prosperity
More informationZions Bank Municipal Conference Economic Overview August 13, 2015
Zions Bank Municipal Conference Economic Overview August 13, 2015 Overview National Economic Conditions Utah Economic Conditions Utah is One of the Fastest Growing CA 0.9% States in the Country Percent
More informationcolorado.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 informationThe US Economic Outlook
IHS ECONOMICS US Outlook The US Economic Outlook November 2014 ihs.com Rafael Amiel, Director latin America Economics +1 215 789 7405, rafael.amiel.ihs.com 2014 IHS The US economy is gaining momentum Growth
More informationZions Bank Economic Overview Utah Bankers Association Emerging Bank Leaders Conference. November 9, 2017
Zions Bank Economic Overview Utah Bankers Association Emerging Bank Leaders Conference November 9, 2017 National Economic Conditions Dow Breaks 23,000 The Trump Bump Dow Reaches New Heights Following U.S.
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Trends. September 10, 2013
Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Trends September 10, 2013 The Freight Economy Washington continues to be a headwind on economic
More informationZions 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 informationZions Bank Economic Overview. December 5, 2017
Zions Bank Economic Overview December 5, 2017 National Economic Conditions Dow Breaks 24,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Federal Reserve Bank of
More informationZions Bank Economic Overview
Zions Bank Economic Overview National Assoc of Credit Managers Member Seminar December 12, 2017 National Economic Conditions Dow Breaks 24,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential
More information2019 Economic Outlook: Will the Recovery Ever End?
2019 Economic Outlook: Will the Recovery Ever End? Advantage Bank Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations November 15 th, 2018
More informationTexas Housing Markets: Metropolitan vs. Border Communities. September 22, 2014
Texas Housing Markets: Metropolitan vs. Border Communities Luis Bernardo Torres Ruiz, Ph.D. Research Economist El Paso Branch Dallas Federal Rio Grande Economic Association September 22, 2014 Contents
More informationZions Bank Economic Overview
Zions Bank Economic Overview Utah Manufacturers Association & Associated General Contractors Utah Finance and Economic Summit September 26, 2017 National Economic Conditions Dow Breaks 22,000 The Trump
More informationZions Bank Economic Overview Logan Rotary Club. March 16, 2017
Zions Bank Economic Overview Logan Rotary Club March 16, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Wall Street Journal
More informationZions Bank Economic Overview Cache Valley Home Builders Association. April 12, 2017
Zions Bank Economic Overview Cache Valley Home Builders Association April 12, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source:
More informationZions Bank Economic Overview West Point Economic Summit. March 30, 2017
Zions Bank Economic Overview West Point Economic Summit March 30, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Wall Street
More information10 County Conference. Richard Wobbekind. Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
10 County Conference Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business Hmm... (http://myfallsemester.blogspot.com) Real GDP Growth Percent
More informationLarry Kessler, Ph.D. Boyd Center for Business & Economic Research University of Tennessee
Larry Kessler, Ph.D. Boyd Center for Business & Economic Research University of Tennessee The U.S. economy has now enjoyed 7 years of economic growth since the Great Recession Real GDP grew by 1.2% in
More informationThe U.S. Economy How Serious A Downturn? Nigel Gault Group Managing Director North American Macroeconomic Services
The U.S. Economy How Serious A Downturn? Nigel Gault Group Managing Director North American Macroeconomic Services Growth Is Cooling; But a Soft Landing Is Likely (Real GDP, annualized rate of growth)
More informationYour Texas Economy. Current through: Tuesday, Nov 20, 2018
Your Texas Economy Current through: Tuesday, Nov 20, 2018 Overview of Texas Economy The Texas economy is growing robustly in 2018 2018 job growth through October is 2.9 percent annualized compared to 2.1
More informationBy making use of SAFRIM (South African Inter-Industry Macro-Economic Model) By Jeaunes Viljoen, Conningarth Economists, 1
By making use of SAFRIM (South African Inter-Industry Macro-Economic Model) By Jeaunes Viljoen, Conningarth Economists, South Africa 10/13/2011 1 1960: The economy experienced high growth rates mining
More informationEducation Committee Economic Background and Issue Review
Education Committee Economic Background and Issue Review Montpelier, Vermont January 22, 2014 Thomas E. Kavet State Economist and Principal Economic Advisor to the Vermont State Legislature Since 1996
More informationZions Bank Economic Overview Meridian Chamber of Commerce. May 2, 2017
Zions Bank Economic Overview Meridian Chamber of Commerce May 2, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Wall Street
More informationU.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 informationBabson 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 informationTelling 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 informationZions Bank Economic Overview. March 14, 2017
Zions Bank Economic Overview March 14, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source: Wall Street Journal 120.0 110.0 100.0
More informationZions Bank Economic Overview Utah Government Finance Officers Assoc. April 21, 2017
Zions Bank Economic Overview Utah Government Finance Officers Assoc. April 21, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election Source:
More information2018 Economic Outlook Forum Daraius Irani, Ph.D. Chief Economist, Regional Economic Studies Institute VP, Division of Strategic Partnerships and
2018 Economic Outlook Forum Daraius Irani, Ph.D. Chief Economist, Regional Economic Studies Institute VP, Division of Strategic Partnerships and Applied Research Towson University November 29, 2018 $19,000
More informationSouthern California Economic Forecast & Industry Outlook
2016-17 Southern California Economic Forecast & Industry Outlook Robert A. Kleinhenz, Ph.D. Sr. VP/Chief Economist, LAEDC February 17, 2016 Outline U.S. Economy California Economy Southern California Economy
More informationThe Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies
The Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies Chief Economist, PAGI Group, JLL (Port, Airport & Global Infrastructure) Agenda Where are we in the cycle? What are the barriers
More informationNorth American Forging Shipment Forecast (Using FIA bookings information through December 2013)
North American Forging Shipment Forecast 2014-2018 (Using FIA bookings information through December 2013) Percent Change Year Ago Best leading indicator combination for impression die bookings used to
More informationwww.colorado.edu/leeds/brd CAREER ADVANCING DEGREES FROM LEEDS EVENING MBA PROGRAM FOR WORKING PROFESSIONALS #1 PART-TIME MBA Program in Colorado according to U.S. News & World Report Engage in a collaborative
More informationU.S. Overview. Gathering Steam? Tuesday, October 1, 2013
U.S. Overview Gathering Steam? Tuesday, October 1, 2013 Uneven global economic recovery Annual real GDP growth projections (%) Projections 2013 2014 World 3.1 3.1 3.8 United States 2.2 1.7 2.7 Euro Area
More informationColorado Counties Treasurers Association
Colorado Counties Treasurers Association Place cover image here Richard Wobbekind Executive Director, Business Research Division June 21, 2016 Real GDP Growth Quarterly and Annualized Real GDP 1990-2016
More informationThe Wisconsin and Minnesota Economies: What can we learn from each other? Noah Williams
The Economies: What can we learn from each other? Noah University of Wisconsin - Madison Future Wisconsin Summit 2016 Economies Location, size, demographics, and history make Wisconsin and Minnesota natural
More informationA comment on recent events, and...
A comment on recent events, and... where we are in the current economic cycle November 15, 2016 Mark Schniepp Director Likely Trump Policies $4 to $5 Trillion in tax cuts over 10 years to corporations,
More informationFrom Recession to Recovery
From Recession to Recovery Monday, April 26, 2010 8:00 AM - 9:15 AM Moderator Michael Klowden, President and CEO, Milken Institute Speakers Mohamed El-Erian, CEO and Co-Chief Investment Officer, Pacific
More informationMAINTAINING MOMENTUM:
MAINTAINING MOMENTUM: 2018 National Economic Update September 12, 2018 noun mo men tum \ mō-ˈmen-təm, mə- \ 1 b : the strength or force that allows something to continue or to grow stronger or faster as
More informationTransitions: 2019 Economic Forecast for Metro Denver February 6, 2019
Transitions: 2019 Economic Forecast for Metro Denver February 6, 2019 Prepared by: Can Stock Photo / jkirsh In Partnership with: Consumer Changes and Influences Slowing population growth Aging of the population
More informationColorado Economic Update
Colorado Economic Update Steamboat Economic Summit Place cover image here Brian Lewandowski Associate Director, Business Research Division October 21, 2016 Recession 8 Months Recession 18 Months Real GDP
More informationYour 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 informationCement & Construction Outlook
Cement & Construction Outlook Minnesota Concrete Council November 17, 2011 Dave Zwicke, PCA Analytics Manager, Sr. Economist Bottom Line Economy in a slow growth period characterized by tepid job gains.
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationPuget Sound Regional Forecast Chris Mefford Community Attributes
2015 Puget Sound Regional Forecast Chris Mefford Community Attributes 3 1,000s The Regional Economy has added jobs consistently for nearly 5 full years. In a few months, this will be the longest streak
More informationThe U.S. Economic Outlook
The U.S. Economic Outlook Nigel Gault Chief U.S. Economist, IHS Global Insight FTA Revenue Estimation & Tax Research Conference Charleston, West Virginia October 17, 2011 What Has Happened to the Recovery?
More informationDr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder
Dr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder Member FDIC VectraBank.com Economic Outlook 2015 Richard
More informationCurrent 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 informationThe 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 informationDeficit Reduction and Economic Growth: Are They Mutually Exclusive Goals? Tuesday, May 1, 2012; 2:30 PM - 3:45 PM
Deficit Reduction and Economic Growth: Are They Mutually Exclusive Goals? Tuesday, May 1, 2012; 2:30 PM - 3:45 PM Moderator: Gillian Tett, U.S. Managing Editor, Financial Times Speakers: Jared Bernstein,
More informationNot For Sale. An American Profile: The United States and Its People
An American Profile: The United States and Its People Not For Sale 1 759_EM_AmPro_ptg1.indd 1 Not For Sale 759_EM_AmPro_ptg1.indd 2 An American Profile: The United States and Its People 3 Table 1 Population,
More informationHow Much Wind Is in the Sails?
How Much Wind Is in the Sails? Erie Chamber of Commerce Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations September 20, 2017 Real GDP Growth
More informationAn American Profile: The United States and Its People
An American Profile: The United States and Its People 1 153641_EM_AmPro.indd 1 12/16/8 11:1:32 PM An American Profile: The United States and Its People 3 Table 1 Population, Percentage Change, and Racial
More informationEconomy On The Rebound
Economy On The Rebound Robert Johnson Associate Director of Economic Analysis November 17, 2009 robert.johnson@morningstar.com (312) 696-6103 2009, Morningstar, Inc. All rights reserved. Executive
More informationThe Outlook for Real Estate and Residential Construction. Patrick M. Barkey, Director Bureau of Business and Economic Research University of Montana
The Outlook for Real Estate and Residential Construction Patrick M. Barkey, Director Bureau of Business and Economic Research University of Montana Montana s Real Estate Performance: Getting Back to Boom
More informationTHE 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 information2014 Economic Indicators, Trends & Observations. 51 South Main Street Janesville, WI P F RockCountyAlliance.
2014 Economic Indicators, Trends & Observations 51 South Main Street Janesville, WI 53545 P.608.757.5598 F.608.757.5586 RockCountyAlliance.com Indicators, Trends & Observations National Level State of
More informationUS imports from emerging economies have grown rapidly
US imports from emerging economies have grown rapidly Ratio to GDP (current dollars) 0.07 US merchandise imports, 1978 2008 0.06 0.05 0.04 0.03 0.02 Industrial Non-OPEC other 0.01 0 OPEC = Organization
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationBC Pension Forum. Economic Outlook. Presented by: Ben Homsy, CFA Portfolio Manager
BC Pension Forum Economic Outlook Presented by: Ben Homsy, CFA Portfolio Manager 1694 1704 1713 1723 1732 1741 1751 1760 1770 1779 1788 1798 1807 1817 1826 1836 1845 1854 1864 1873 1883 1892 1901 1911
More informationGlobal 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 informationCharting a Path to Lift Off? Understanding the Shifting Economic Winds
Charting a Path to Lift Off? Understanding the Shifting Economic Winds Thomas F. Siems, Ph.D. Assistant Vice President and Senior Economist Federal Reserve Bank of Dallas Government Finance Officers Arlington,
More informationThe United States: Fiscal Facts and Fantasies. Presented by: Nigel Gault Chief U.S. Economist IHS Global Insight
The United States: Fiscal Facts and Fantasies Presented by: Nigel Gault Chief U.S. Economist IHS Global Insight Subdued Recovery: Tailwinds Battling Headwinds The U.S. Recovery: Tailwinds More sectors
More informationState of American Trucking
State of American Trucking October 11, 2018 Rod Suarez Economic Analyst American Trucking Associations rsuarez@trucking.org Business Cycles U.S. Expansions Duration October 1949 - July 1953 May 1954 -
More informationGlobal economy maintaining solid growth momentum. Canada leading the pack
Global economy maintaining solid growth momentum Canada leading the pack Dawn Desjardins (Deputy Chief Economist) (416) 974-6919 dawn.desjardins@rbc.com September 2017 Brighter global outlook gains traction
More informationZions Bank Economic Overview
Zions Bank Economic Overview Utah Valley University Business and Economic Forum May 18, 2017 National Economic Conditions Dow 20,000 The Trump Bump Dow Reaches New Heights Following U.S. Presidential Election
More informationCurves On The Road Ahead
Curves On The Road Ahead Light Vehicle Market Outlook November 2018 Charles Chesbrough Senior Economist A g e n d a Economic Outlook and New Vehicle Sales Affordability Threat and the Used Vehicle Market
More informationPaul Bingham Managing Director, Global Trade and Transportation February 18, 2009
Economic Outlook and Ports Paul Bingham Managing Director, Global Trade and Transportation February 18, 2009 The Outlook for Trade Depends on Goods Demand Integrated international supply-chains offer efficiencies
More informationThe Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016
The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/
More informationKevin 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 informationBriefing on the State of the State. presented to the. SCAA Schuyler Center for Analysis and Advocacy
Briefing on the State of the State presented to the SCAA Schuyler Center for Analysis and Advocacy Rae D. Rosen Assistant Vice President Federal Reserve Bank of New York November 16, 2006 Key Points: Economic
More informationUnderstanding the New Trump Economy Economic Overview. November 17, 2016
Understanding the New Trump Economy Economic Overview November 17, 2016 Uncertainty at the Na@onal and Interna@onal Level Source: Bureau of Labor Statistics The Trump Bump Why? National Job Growth 500
More informationEconomic Outlook for Canada: Economy Confronting Capacity Limits
ECONOMICS I RESEARCH Economic Outlook for Canada: Economy Confronting Capacity Limits Presentation to the Responsible Distribution Canada 32 nd Annual General Meeting May 29, 2018 Paul Ferley (Assistant
More informationNational and Virginia Economic Outlook Professor Robert M. McNab Dragas Center for Economic Analysis and Policy Strome College of Business
National and Virginia Economic Outlook Professor Robert M. McNab Dragas Center for Economic Analysis and Policy Strome College of Business October 24, 2018 The forecasts and commentary do not constitute
More informationABA Commercial Real Estate Lending Committee
ABA Commercial Real Estate Lending Committee Commercial Real Estate Outlook The Good, the Bad and the Ugly January 16, 2019 Rob Strand Senior Economist American Bankers Association aba.com 1-800-BANKERS
More informationThe World and U.S. Economy and San Pedro Bay Container Trade Outlook Forecast Review
The World and U.S. Economy and San Pedro Bay Container Trade Outlook Forecast Review Michael Keenan Harbor Planning and Economic Analyst Port of Los Angeles October 5, 2009 Review of 2007 Container Trade
More informationThe ABA Advantage: Economic Issues Update & ABA Resources
The ABA Advantage: Economic Issues Update & ABA Resources aba.com 1-800-BANKERS Meet the team Jim Chessen Chief Economist Curtis Dubay Senior Economist Brittany Kleinpaste Vice President of Economic Policy
More information2014 Economic Forecast: Boulder & Beyond. Keynote Presentation
2014 Economic Forecast: Boulder & Beyond Keynote Presentation Business Research Division Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
More information2015 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 informationEconomic Forecast to Professional Republican Women Association. January 5, 2017
Economic Forecast to Professional Republican Women Association January 5, 2017 Economic Headwinds National and international uncertainty Continued low energy prices Depressed business investment Unstable
More informationEconomic 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 informationCanada s economy on track for a solid 2018 although policy uncertainty lingers
Canada s economy on track for a solid 2018 although policy uncertainty lingers Dawn Desjardins (Deputy Chief Economist) (416) 974-6919 dawn.desjardins@rbc.com March 2018 Canada is facing a challenging
More informationPost-Bubble Global Trends. AAPA Webinar. February 18, Dr. Walter Kemmsies, Chief Economist Moffatt & Nichol Commercial Analysis Group
Post-Bubble Global Trends AAPA Webinar February 18, 2009 Dr. Walter Kemmsies, Chief Economist Moffatt & Nichol Commercial Analysis Group Takeaways The world economy is circling the drain World is wealthier
More informationJanuary 14, and what does that mean for 2015? Where are interest rates going?... the stock market? What about the national economy?
The Economic Outlook For the Nation and the State Where are we in the Economic Cycle? January 14, 2015 Mark Schniepp Director. and what does that mean for 2015? Where are interest rates going?... the stock
More informationThe Auction Market In 2015 & 2016 Review & Forecast. Dr. Ira Silver NAAA Economist
The Auction Market In 2015 & 2016 Review & Forecast Dr. Ira Silver NAAA Economist silver@naaa.com Agenda Economic conditions Economic outlook Light vehicle sales Light vehicle sales outlook NAAA 2015 Annual
More informationCar Production. Brazil Mexico. Production in thousands. Source: AMIA Asociacion Mexicana de la industria automotriz.
Car Production Production in thousands 4000 3000 2000 1000 Brazil Mexico 0 2013 2014 2015 Source: AMIA Asociacion Mexicana de la industria automotriz. Mexico s Expanding Middle Class Percent of population
More informationNational and Regional Economic Outlook. Central Southern CAA Conference
National and Regional Economic Outlook Central Southern CAA Conference Dr. Mira Farka & Dr. Adrian R. Fleissig California State University, Fullerton April 13, 2011 The Painfully Slow Recovery The Painfully
More informationEconomic & Financial Market Outlook
Economic & Financial Market Outlook BC Pension Forum March 1, 2013 Chris Lawless, Chief Economist Overview Global forces Recent economic performance ~ US, Europe, Japan, China ~ Other emerging markets
More information