US Outlook Report: Insights from the Beige Book Report Usually the Beige Book report from the Federal Reserve is a pretty boring read, largely a descriptive analysis of various regions and sectors of our economy. Economists often end up just counting up the positive to negative words to gauge any new insights on the Fed’s […]
Continue ReadingInstant Analysis of Today’s Employment Report for February Job Creation Exceeded Expectations in February; +295K vs. Consensus Exp. +235K Unemployment Rate Drops two tenths to 5.5% December and January Job Numbers Revised Down a Net -18K Avg. Hourly Earnings up a Modest 0.1% (+2.0% y-o-y) Labor Force Participation Slips Job Growth in All Major Sectors […]
Continue ReadingACWA News for March 4, 2015 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. ACWA Legislative Symposium Focuses on Groundwater Adjudication, Prop. 218 Changes Submitted by Pamela Martineau on Wed, 03/04/2015 – 5:12pm ACWA’s 2015 Legislative Symposium held in Sacramento today focused on key water issues being […]
Continue ReadingSUBSCRIBE TO THE PRINT EDITION INSIDE PACIFIC MARITIME MAGAZINE 113th Congress Addresses Arctic Maritime Transportation Needs By Craig H. Allen Sr. On December 18, 2014, President Obama signed into law the Howard Coble Coast Guard and Maritime Transportation Act of 2014 (CGMTA). The Act authorized just over $8.7 billion in fiscal year 2015 […]
Continue ReadingSUBSCRIBE TO THE PRINT EDITION INSIDE PACIFIC MARITIME MAGAZINE LNG Marine Fuel in the Pacific Northwest: Addressing Challenges, Developing Solutions By LTJG Jessica Ward and Mr. John Dwyer Liquefied Natural Gas (LNG) is attracting much interest as it gains momentum as a viable marine fuel source. In the Pacific Northwest this development has been […]
Continue ReadingWells Fargo Weekly Economic & Financial Commentary – February 27, 2015 The Hill Is Alive with the Sound of Yellen Yellen’s testimony to Congress this week did not change our outlook for a rate hike in June, as the Fed sees recent weakness in inflation as transitory. Consumer prices fell again in January, though much […]
Continue ReadingUS Outlook Report: Keeping the Faith on the U.S. Economy The U.S. economy continues to perform in-line with our forecasts. U.S. real GDP growth cooled slightly to 2.2 percent in the fourth quarter, but appears to be growing at around a 2.4 percent annualized pace in the first quarter. However, worse-than-normal seasonal weather in much […]
Continue ReadingACWA eNews for Feb. 25, 2015 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. California’s Ongoing Drought Major Topic at ACWA DC Conference Submitted by Pamela Martineau on Wed, 02/25/2015 – 5:06pm California’s fourth year of drought is a major focus of discussion this week at ACWA’s […]
Continue ReadingWells Fargo Weekly Economic & Financial Commentary – February 20, 2015 Oil Sludge Slowing Economic Engine? The housing market recovery continues to plod along at a less than impressive pace, with housing starts and building permits falling shy of expectations in January. Headline PPI fell further into negative territory, decreasing 0.8 percent as energy prices […]
Continue ReadingSUBSCRIBE TO THE PRINT EDITION INSIDE PACIFIC MARITIME MAGAZINE Promise of the Arctic 2015 By Kathy A. Smith The rush to push shipping into the Arctic due to receding ice is a little premature say those know the region. For a start, the majority of ice that is melting is along the Northern Sea […]
Continue Reading