Latest Macroeconomics Stories

WASHINGTON, Dec. 11, 2012 /PRNewswire-USNewswire/ --The 2012 State New Economy Index showcases the regions that are at the forefront of the nation's movement toward a global, innovation-based New Economy. The index, produced by the Information Technology and Innovation Foundation (ITIF), ranks states on a series of indicators that analyze the environment for innovation and high-tech job growth. The top five states in this year's index are Massachusetts, Delaware, Washington,...

WASHINGTON, Dec. 7, 2012 /PRNewswire-USNewswire/ -- The following statement is from Marie Lopez Rogers, president of the National League of Cities, and mayor of Avondale, AZ in response to today's unemployment report: (Logo: http://photos.prnewswire.com/prnh/20081022/NLCLOGO) "Today's unemployment report shows the country moving in the right direction, though with too slow of a pace. This slow growth is reason enough to explore every possibility to avoid the fiscal cliff. "Local...

WASHINGTON, Dec. 6, 2012 /PRNewswire-USNewswire/ -- Total state government revenue increased to $2.3 trillion in 2011, up 11.3 percent from $2.0 trillion in 2010, according to the latest report from the U.S. Census Bureau. Total state government revenue includes general revenues (mainly tax revenue), utility revenue, liquor store revenue and insurance trust revenue. General revenues were $1.7 trillion in 2011, a 5.7 percent increase from 2010. General expenditures by state...

KINGSTON, N.J., Nov. 29, 2012 /PRNewswire-USNewswire/ -- In an opinion piece in The Times on November 28, 2012, Martin Tuchman recipient of the Beta Gamma Sigma (BGS), International Honor Society 2011 Business Achievement Award, spelled-out a bi-partisan "big-idea" that can jump-start the economy and rebuild the devastation that Hurricane Sandy wrought by leveraging overseas corporate tax money. Martin Tuchman is the CEO of The Tuchman Group and Vice Chairman of First Choice Bank....

Data for October 2012 NEW YORK, Nov. 21, 2012 /PRNewswire-USNewswire/ -- Center for Financial Stability (CFS) money supply data for October 2012 suggests that the economy has bottomed. However, below potential growth remains vulnerable to the upcoming fiscal cliff. Participants in the financial economy continue to seek safety in insured institutions. In contrast, the shadow banking system has been hit hard. "The shadow banking system is vital to corporations and the overall...

KYIV, Ukraine, November 20, 2012 /PRNewswire/ -- Effective management of the financial sector allows Ukrainian authorities to hold inflation. Experts from the National Bank of Ukraine stated this conclusion in the report "major trends of the monetary market in October 2012," published recently. "The monetary policy of the National Bank of Ukraine in October contributed to the support of price stability in the country. In particular, at the end of the month the consumer...

- Sharp decline may reflect post-election economic uncertainty - Barometer remains up 2.9 percent year over year. Three-month moving average (MMA) positive at 0.4 percent month over month. WASHINGTON, Nov. 20, 2012 /PRNewswire-USNewswire/ -- The American Chemistry Council (ACC) today released the sixth monthly report of its Chemical Activity Barometer (CAB), a leading economic indicator derived from a composite index of chemical industry activity. The November CAB showed a sharp...

But Failure to Address Deficit Spending Will Have a Negative Long Term Impact ALEXANDRIA, Va., Nov. 15, 2012 /PRNewswire-USNewswire/ -- If the U.S. economy falls over the "fiscal cliff," it would have an immediate and severe impact on U.S. business travel, according to new research from the Global Business Travel Association Foundation (GBTA). The new report analyzes the business travel impact of expiring tax cuts and automatic spending reductions - commonly referred to as the...

TORONTO, Nov. 14, 2012 /CNW/ - Currency Optimizer Inc. launches new 3-part service/software solution helping Canadian exporters manage volatile currency swings and protect their hard-earned profits: 1. Desktop alert technology delivers clear, simple price analysis of foreign exchange rates directly to a subscriber's computer desktop. Currency Optimizer keeps a vigilant eye on exchange rates, so clients don't have to. At key price levels, desktop alerts are issued so companies...

- STRONG CAB INCREASE OF 0.6%: MARKS FOUR CONSECUTIVE MONTHLY GAINS, ECONOMIC GROWTH EXPECTED IN 2013 - - Improving CAB driven by further rises in construction-related indicators; suggests U.S. housing recovery is sustainable. - Further positive signs suggest consumer confidence improving; risks remain. WASHINGTON, Oct. 23, 2012 /PRNewswire-USNewswire/ -- The American Chemistry Council (ACC) today released the fifth monthly report of its Chemical Activity Barometer (CAB), a...