U.S. Outlook Report: Deflation Arrives in the United States We have been advertising it for a while now, but the January price data are finally coming in and the U.S. price deflation is as dramatic as I thought. Producer prices for January dropped 0.8%, twice as fast as the consensus of economists expected, and the […]
Continue ReadingACWA eNews for Feb. 18, 2015 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. ACWA Weighs In on Next Steps for Expiring Emergency Water Conservation Regulations Submitted by Emily Allshouse on Wed, 02/18/2015 – 12:55pm With the State Water Resources Control Board considering action to extend the soon-to-expire […]
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 ReadingWells Fargo Weekly Economic & Financial Commentary Where Are the Gasoline Savings Going? · Retail sales fell more than expected in January, declining 0.8 percent. While price-related declines at gasoline stations weighed heavily on the headline, sales excluding gas were flat on the month. · The labor market showed further signs of firming, with the […]
Continue ReadingU.S. Outlook: The fixed income market just blinked Published: 02/13/15 Posted by Scott Anderson Chief Economist To quote the great Clint Eastwood, U.S. bond and money markets seem to have been saying to the Fed, “Go ahead…make my day!” Or maybe, “You’ve got to ask yourself one question: ‘Do I feel lucky?’ Well, do you […]
Continue ReadingACWA eNews for Feb. 11, 2015 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. PPIC Addresses State Water Challenges in New Multi-Topic Policy Paper Series Submitted by Emily Allshouse on Wed, 02/11/2015 – 12:22pm California will need to address several key water policy areas to secure a safe […]
Continue ReadingSUBSCRIBE TO THE PRINT EDITION INSIDE PACIFIC MARITIME MAGAZINE BC Regional Report 2015 By Kathy A. Smith An improving economy has British Columbia’s ports gearing up for more imports from Asia, while increased energy extraction in Canada and the US has those same ports preparing to export coal, oil and gas. Shipping markets are […]
Continue ReadingBank of the West US Outlook Report for February 6, 2015 Doomsday newspaper articles are being written about deflation these days. Most look across the pond toward Europe and extrapolate that the United States is next in line to suffer from stagnant growth and declining prices. While we are forecasting deflation in both Europe and […]
Continue ReadingInstant Analysis of Today’s Employment Report for January Job Creation Exceeded Expectations in January; +257K vs. Consensus Exp. +228K Wage growth Accelerates- Average Hourly Earnings up +0.5%; (+2.2% Y-o-Y) November and December Job Numbers Revised Up a Net +147K Unemployment Rate Rises 0.1% to 5.7% as Labor Force Participation Improves Job Growth in All Major […]
Continue ReadingEconomics 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 […]
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