Economics Group: Weekly Economic & Financial Commentary – U.S Review Slower Pace of Job Growth but Improvement Continues January’s nonfarm payroll report showed that 257,000 jobs were added for the month. The unemployment rate rose slightly to 5.7 percent. Average hourly earnings, which fell in December, rose 0.5 percent in January. The ISM reports for January […]
Continue ReadingLOGIN CREATE AN ACCOUNT February 2015 California Exports Hit New Mark Overcoming a strengthening dollar, congestion at West Coast seaports, and falling demand from economically stressed trading partners, California exporters set an all time high in 2014… Read Full Analysis Now SHARE: Meet Our Experts Christopher Thornberg Christopher Thornberg is widely […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary – U.S Review Mixed Signals on the Domestic Front The U.S. economy grew at a 2.6 percent annualized pace in the final quarter of 2014. The outturn was weaker than expectations. Equipment spending fell at a 1.9 percent annualized pace as businesses put cap-ex plans on hold, in part, […]
Continue ReadingBank of the West US Outlook Report for January 30, 2015 The data released this week was a dramatic illustration of the cross-currents impacting the U.S. economy, and a good indicator of how the year is likely to shape up. The good news is the overall growth outlook for the United States remains intact, even […]
Continue ReadingSustaining Progress January 2015 Economic Summit unveiled five-year roadmap to shared prosperity for California CA Fwd is proud of its role in the CA Economic Summit, which released the Roadmap to Shared Prosperity, a broad set of […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary – U.S Review U.S. Manufacturers Facing Headwinds U.S. manufacturers were already struggling with a stronger U.S. dollar when the currency appreciated further against the Euro and Canadian dollar as central bankers in those regions made unexpected moves. The negative effects of oil are also starting to show up […]
Continue ReadingThe Bay Area Council Economic Institute is pleased to announce the availability of new reports on state and regional economic issues. Innovation Drivers: High-Value Collaborative Ties Between Japan and the San Francisco Bay Area continues the Institute’s series of reports on the region’s business and economic links with major global partners. – November 2014 (PDF: […]
Continue ReadingBank of the West US Outlook Report for January 23, 2015 After three rounds of quantitative easing, the Fed is remaining on the sidelines as global central banks from the ECB, Canada, Peru, Switzerland, Denmark and India all made moves this month to loosen monetary policy and head off economic and deflation risks. The ECB’s […]
Continue ReadingWhen Wednesday January 21, 2015 from 12:30 PM to 4:00 PM PST Add to Calendar Where Alameda County Transportation Commission 1111 Broadway, Suite 800 Oakland, CA 94607 Driving Directions This is a reminder for tomorrow’s roundtable – Moving Goods and Freight in the Bay Area: Needs and Opportunities. Registration and lunch begin at 11:45 […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary – U.S Review Oil Price Declines Influence Economic Data Retail sales posted a larger-than-expected drop in December. We attribute the bulk of the decline to much lower inflation, however, the broad-based nature of the pullback remained a bit concerning but should not derail Q4 GDP growth. NFIB’s small business […]
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