Yellen at the Senate, While Weather Still Skews Data · As expected, GDP growth was revised lower, reflecting a slower build in inventories, a weaker trade position and a more cautious consumer. · Chair Yellen’s Senate testimony indicated a continuation of current monetary policy, although the course could change if weak data turns out to […]
Continue ReadingACWA’s eNews is a weekly roundup of California water news and events. Drought Relief Bills Heading for Floor Vote Submitted by Lisa Lien-Mager on Wed, 02/26/2014 – 5:21pm An emergency drought relief package aimed at expanding state actions and getting dollars out the door to cope with dry conditions cleared committees in both […]
Continue ReadingSubscribe toPacific Maritime Magazine PRINT EDITION February 2014 Issue Nome Advocates for Deep Water Port Expansion By Margaret Bauman Nome, Alaska, site of the legendary 19th century gold rush, is today’s destination for the Iditarod Trail Sled Dog Race, but local officials see their city port playing a significant new […]
Continue ReadingACWA’s eNews is a weekly roundup of California water news and events. Governor, State Leaders Introduce $687 Million Emergency Drought Legislation Gov. Jerry Brown and leaders of the state Legislature introduced emergency legislation Wednesday that would provide $687 million to local communities for drought-related assistance and water projects. The funding would support shovel-ready […]
Continue ReadingThe Feb. 21 edition of ACWA News is now available online. This issue looks back at the special drought briefing ACWA hosted Feb. 14 at the Crest Theatre in Sacramento. During the half-day event speaker after speaker outlined the unprecedented pressures placed on local, state and federal agencies because of the record-breaking dry weather. Panelists […]
Continue ReadingWeather Effects Continue to Influence Economic Data · Housing starts plunged 16 percent in January to an 880,000-unit pace. Building permit activity also declined for the month but not as sharply. · Inflation indicators continued to reflect subdued price pressures on businesses and consumers. The new producer price final demand index rose a modest 0.2 […]
Continue ReadingMonetary Policy: Continuity—For Now · In her testimony to the Congress, the new Fed Chair called for continuity and suggested that the unemployment rate alone could not provide an adequate picture of the labor market. · Inclement weather continues to restrain the economy, with weaker retail sales and more evidence of adverse employment effects. · […]
Continue ReadingACWA’s eNews is a weekly roundup of California water news and events. Reclamation’s Connor Headlines ACWA DC Conference Michael L. Connor, commissioner of the U.S. Bureau of Reclamation, is scheduled to address ACWA’s annual Washington, D.C., conference later this month. Connor has led the Bureau since 2009 and has worked there in various […]
Continue ReadingSubscribe toPacific Maritime Magazine PRINT EDITION February 2014 Issue Vessel and Navigational Safety By Kathy A. Smith In association with industry safety regulations, maritime transportation companies are working hard to cultivate company-wide safety cultures. No longer are captains alone responsible for safety on vessels, or safety departments alone responsible for […]
Continue ReadingIs the Economy in a Freeze? · Businesses added 113,000 jobs in January, which was fewer than expected. Bitter cold weather and storms looked to have had little effect on the data based on the number of people who reported not working due to weather. The unemployment rate ticked down to 6.6 percent as more […]
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