San Jose Mercury News: More than half of Bay Area residents say the region’s economy is better today than it was six months ago, and half say it will be even better six months from now, according to a Bay Area Council 2014 poll released Tuesday. The poll suggests that the Bay Area’s surge in […]
Continue ReadingU.S. Review As Good as It Gets. As Good as Can Be Expected. April’s housing data showed some modest improvement but remain disappointing relative to expectations at the start of the year. New home sales rose 6.4 percent in April, while sales of existing homes rose 1.3 percent. Mortgage applications for the purchase of a […]
Continue ReadingUS Outlook Report: The Fed’s FOMC Talks Exit Strategy in April Monetary normalization was front and center in the April FOMC minutes. The FOMC discussed four policy tools for raising and controlling short-term interest rates when it comes time to tighten policy: interest paid on excess reserves, fixed rate overnight reverse repos, term reverse repos, […]
Continue ReadingJanet Yellen, in her recent testimony to Congress raised the possibility that the housing slowdown, seen in the first quarter of this year, could end up being more prolonged than a winter lull. She hinted that housing was an important downside risk for the U.S. economic outlook that could loom large in debates on monetary […]
Continue ReadingMixed Data Unlikely to Change Fed’s Outlook · Although some indicators, such as retail sales and industrial production, came in lower than expected, there is little reason to expect the Fed to alter its current course of monetary policy. · Inflationary pressures picked up in April, with both the PPI and CPI accelerating in the […]
Continue Reading• Washington State Department of Health, Tumwater, WA Environmental Engineer II (Regional Engineer Assistant) or Environmental Engineer III (Regional Engineer) • East Bay Municipal Utility District, Oakland Associate Civil Engineer • San Diego County Water Authority Director of Administrative Services • Golden State Water Co., Bell Gardens Water Distribution Superintendent / […]
Continue ReadingCentral Arizona Project, Phoenix Electrical Engineer • City of Paso Robles Stormwater Manager • Vallecitos Water District, San Marcos Purchasing-Warehouse Supervisor • Moulton Niguel Water District, Laguna Niguel Administrative Analyst • Vista Irrigation District > System Controls Technician I-II-III > Water Resources Office Assistant • Irvine Ranch Water District […]
Continue ReadingFresh data from the Federal Reserve April Senior Loan Officer Survey and Consumer Credit report for March paint an encouraging picture of consumer and business credit conditions. When looked at as a whole, improved lending conditions should help support a stronger growth rate for the economy in the quarters ahead. So it is with great […]
Continue ReadingThe Blue Economy Took Center Stage in the Monterey Bay on April 25th See all of the PPs from the presenters of ‘The Monterey Bay – A Leader in the Blue Economy’ conference by clicking HERE. On April 25th in Seaside, Ca. U.S. Congressman Sam Farr, MBITA/TradePort, Brand Monterey Bay and MBCORC […]
Continue ReadingFrom Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion, suggesting that all else equal, there will likely be a downward revision to the already-soft 0.1 percent GDP growth in Q1. · The ISM Non-Manufacturing index indicated that […]
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