ACWA eNews for Dec. 10, 2014 in ACWA eNews Funding for Water Programs Holds Steady in “Cromnibus” Bill Submitted by Josh Abel on Wed, 12/10/2014 – 12:56pm Late Tuesday, December 9, the House and Senate released the text of the “cromnibus” appropriations bill. The “crominbus” bill funds the Department of Homeland Security until March […]
Continue ReadingPolicy tightening, shifting dynamics in the domestic economy and slower global growth has changed the game for the economic environment. Despite our expectations for firmer growth in 2015, the economy will enter uncharted territory as businesses and consumers navigate the path to normalization of rates, a flatter yield curve, and structural reforms in other economies. […]
Continue ReadingSubscribe to Pacific Maritime Magazine PRINT EDITION December 2014 Issue West Coast Pilots: New Ships, Old Challenges By Kathy A. Smith Pilots have been shepherding vessels in and out of harbors for centuries, but overall the job hasn’t changed much. Hazards that have existed for millennia are still around. Most still have to […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary U.S. Review Blockbuster Payrolls Set the Tone Nonfarm payrolls surged 321,000 in November, as the workweek and average hourly earnings picked up. The employment report, coupled with lower gas prices, bodes well for consumption in the fourth quarter. The ISM manufacturing and non-manufacturing indices remained firmly in expansion territory, […]
Continue ReadingSubscribe to Pacific Maritime Magazine PRINT EDITION December 2014 Issue Fidley Watch: 鏟準備* By Chris Philips, Managing Editor *Shovel-ready The US Senate has once again blocked the final permit allowing the completion of the Keystone XL pipeline. I heard the news in Hong Kong, where I was attending the fourth annual Asian Logistics […]
Continue ReadingUS Outlook Report: The U.S. Consumer is Doing Just Fine There was much hand wringing earlier this week with the release of the National Retail Federation’s (NRF) estimate of an 11.0 percent drop in Thanksgiving weekend sales and 5.2 percent drop in buyer traffic from a year ago. The Thanksgiving weekend that includes Black Friday […]
Continue ReadingInstant Analysis of Today’s Employment Report for November Economists got their Christmas present early this year. A blowout November jobs report put a smile on my face this morning. November’s +321K nonfarm payroll jobs easily surpassed consensus expectations for +230K. Some analysts were talking about downside risks to the number due to weather, a weaker […]
Continue ReadingACWA eNews for Dec. 3, 2014 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. Manage your subscription here. Assembly Speaker Announces Committee Chairs Submitted by Lisa Lien-Mager on Wed, 12/03/2014 – 3:57pm Assembly Speaker Toni G. Atkins (D-San Diego) today announced selection of committee chairs for the 2015-’16 Regular […]
Continue ReadingACWA eNews for Nov. 26, 2014 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. Manage your subscription here. Lake Oroville Hits Near-Record Low Levels Submitted by Lisa Lien-Mager on Wed, 11/26/2014 – 10:47am Despite receiving some runoff from last weekend’s rain showers, Lake Oroville has dipped to near-record […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary U.S. Review Hey U.S. Economy, Pace Yourself A revision to GDP figures released this week report that the U.S. economy grew at a 3.9 percent annualized rate in the third quarter. Early indicators of fourth quarter growth were not quite as rosy. We learned that, although consumer spending is […]
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