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Economists Predicting Good News for Job Market, Housing

first_img Federal Reserve Bank of Philadelphia Housing Market Job Growth Philadelphia Fed U.S. Economy 2015-02-13 Brian Honea Economists Predicting Good News for Job Market, Housing Data Provider Black Knight to Acquire Top of Mind 2 days ago A survey conducted among economists by the Federal Reserve Bank of Philadelphia on economic growth in the United States released on Friday revealed that predictions have been revised upward for the labor market – which means good news for the economy and for housing recovery.The Philadelphia Fed surveyed 39 economic forecasters, and though their predictions regarding GDP and overall economic growth were little changed from the same survey conducted three months earlier, the forecasts for job gains and labor markets were much improved.”It’s got to be positive for housing, because all your consumer numbers are going in the same direction,” said managing director and chief economist with Wells Fargo, who was one of the 39 panelists to participate in the survey. “With more jobs, higher wages, and income growth, you always see an increase in consumer confidence.”The panelists predicted an annual growth rate for the GDP of 2.7 this quarter, 3.0 for the next quarter, and 3.2 percent for 2015 on an annual-average over annual-average basis (0.2 percentage points higher than the previous estimate). Real GDP is expected to grow at an annualized rate of 2.9 percent in 2016 and 2.7 percent in both 2017 and 2018.The projections for the national unemployment rate for this year and the next two years were below those reported last survey – the panelists predicted this year it will be an annual average of 5.4 percent and will tick downward for the next three years. It is predicted to be below 5.0 percent (4.9 percent) in 2017.The original estimates for job gains for the next four quarters were revised upward from the survey of three months earlier, however. The panelists said they expected jobs to grow at a rate of 269,300 jobs per month this quarter. Though job gains are predicted to be somewhat less for the next three quarters, they are still forecasted to be above 200,000 per month. Forecasters predict an average monthly job gain of 252,500 for this year and 213,600 for 2016.”If you’re going to get 200,000 jobs per month, you’re probably going to get 2.5 to 3 percent GDP,” Silvia said. “That’s pretty much trend economic growth.”The predictions for the declining unemployment rate for the next three years in the Philadelphia Fed survey came through despite last week’s announcement from the U.S. Bureau of Labor Statistics (BLS) that the national unemployment rate actually increased slightly from December to January (5.6 percent to 5.7 percent) despite a solid job gain of 257,000 for January. In reaction to that report, Fannie Mae chief economist Doug Duncan said he believed that “stronger hiring and firming income growth will be the primary catalysts for a faster pace of housing recovery in 2015.”Analysts believe that the economy has recovered enough for the Federal Reserve to begin raising interest rates – but they do not believe it will happen overnight. Fed officials have stated they are not in a hurry to raise the rates.”They won’t be very aggressive,” Silvia said. “They might raise the rates 50 basis points this year and 50 to 75 points next year.” The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago Tagged with: Federal Reserve Bank of Philadelphia Housing Market Job Growth Philadelphia Fed U.S. Economy Previous: Increasing Rent Costs Present a Challenge to Aspiring Homeowners Next: $4.5 Billion in Nonperforming Loans, Delinquent Debt to Hit the Market The Best Markets For Residential Property Investors 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post Servicers Navigate the Post-Pandemic World 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Economists Predicting Good News for Job Market, Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News Share Save Sign up for DS News Daily Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago February 13, 2015 1,218 Views The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

The Week Ahead: Yellen in the Spotlight

first_imgHome / Daily Dose / The Week Ahead: Yellen in the Spotlight Next week could potentially bring more changes from The Fed, as Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, is scheduled to testify before the House of Representatives Financial Services Committee on Wednesday, July 12 at 10a.m. EDT before moving on to the Senate Banking Committee in the second half of The Fed’s semi-annual report to congress on Thursday, July 13. Yellen’s testimony on Wednesday will be followed by the release of the Beige Book at 2 p.m. EDT.Testimony will include the current economic situation and outlook, and will outline The Fed’s monetary policy going forward. Yellen has previously stated in her official statements that she expected a gradual increase in interest rates to keep in line with balance-sheet normalization, which The Fed would like to begin sometime this year.Looking forward, The Fed has no reason to believe the economy won’t continue to expand, which is consistent with its position last month when it chose to raise interest rates. Subscribe Sign up for DS News Daily Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Congress FOMC House of Representatives Janet Yellen The Fed Demand Propels Home Prices Upward 2 days ago Previous: Getting Better All the Time Next: Staying Afloat Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Joey Pizzolato Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago July 9, 2017 1,375 Views in Daily Dose, Featured, Government, Headlines, News Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Yellen in the Spotlight Other Events in the Week Ahead: Construction Spending Report, Wednesday 3:00 p.m. GMTFreddie Mac Weekly Mortgage Survey, Thursday 10 a.m. EDTFederal budget for June, Thursday 2 p.m. EDT Congress FOMC House of Representatives Janet Yellen The Fed 2017-07-09 Joey Pizzolatolast_img read more

Donegal Labour Senator Harte seeks changes to proposed education cutbacks

first_img Twitter Pinterest Further drop in people receiving PUP in Donegal Google+ Donegal Labour Senator Harte seeks changes to proposed education cutbacks By News Highland – January 9, 2012 Previous articleBuncrana accountant urges pensioners to seek advice on tax situationNext articleLetterkenny taxi driver assaulted as vehicle is hijacked and burnt News Highland Donegal Senator Jimmy Harte is one of a number of Labour Oireachtas members who are meeting this week to seek changes to proposed education cutbacks.Senator Harte says the changes to pupil teacher ratios in disadvantaged area schools will create major problems in some Donegal schools, and he and a number of colleagues are coming together to draw up a unified position which they will then present to Minister Ruari Quinn.While this is being interpreted as a revolt, Senator Harte says it’s not a rebellion, merely an attempt to change a policy before it is implemented…………[podcast][/podcast] Facebook HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp Google+center_img Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Pinterest RELATED ARTICLESMORE FROM AUTHOR News Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Twitter WhatsApplast_img read more

Numbers ‘shoot up’ in Help Donegal Grow campaign

first_img WhatsApp Numbers ‘shoot up’ in Help Donegal Grow campaign RELATED ARTICLESMORE FROM AUTHOR Loganair’s new Derry – Liverpool air service takes off from CODA Previous articlePlanning approval for Café Roc site redevelopmentNext articleMulrines urged to release statement on future of Ballybofey operations News Highland Arranmore progress and potential flagged as population grows The Help Donegal Grow campaign which was launched last month has seen almost 100 entries come in from as far away as Maine in the US, with ideas to help local businesses, enhance towns and villages, and promote tourism.Letterkenny Chamber CEO Toni Forrester says it clearly shows that people in Donegal are engaging, and want to help local businesses recover in the wake of the Coronavirus lockdown.She says over the past number of months businesses have done what they can to help local communities, and it’ vital that is now reciprocated:Audio Player Up/Down Arrow keys to increase or decrease volume. Google+ WhatsApp Google+ Nine til Noon Show – Listen back to Monday’s Programme AudioHomepage BannerNewscenter_img By News Highland – July 2, 2020 Facebook Pinterest Facebook Twitter Pinterest Twitter News, Sport and Obituaries on Monday May 24th Important message for people attending LUH’s INR clinic Community Enhancement Programme open for applicationslast_img read more

Bean leads Utah St. past College of Idaho 90-64

first_imgDecember 8, 2020 /Sports News – Local Bean leads Utah St. past College of Idaho 90-64 Written by Tags: Justin Bean/Utah State Aggies Basketball Associated Press FacebookTwitterLinkedInEmailLOGAN, Utah (AP) — Justin Bean had 21 points as Utah State easily beat College of Idaho 90-64.Ricardo Time led the Coyotes with 16 points.last_img

Browne Review: Wadh-is to be done?

first_imgStudents were critical about the US model of education, where basic fees of up to $40,000 a year are subsidised by donations from alumni. Students also condemned the 57 Liberal Democrat MPs who failed to honour their pledge to the NUS that they would not raise tuition fees. The emphasis placed by the government on business skills was also discussed, and speakers criticised the Department of Business, Innovation and Skills for “trivialising science and research by linking them to commercial results” and for “turning university into a factory for ultra-employable people.”One academic, who wished to remaom anonymous, said that support for student protests is high among teaching staff, but spoke of a “culture of fear” that prevents tutors from speaking out. “If you stand up against these reforms,” he said, “you stand to lose your job.”It would take a petition from 20 academics to force a debate in the Sheldonian Theatre, and many students said they would try to persuade their tutors to sign up. “You have a unique opportunity,” said one of the event’s organisers, “to spend an hour a week in a room with one of the finest minds in Britain. Use it.”Other courses of action that were suggested included confronting local Conservative MP Nicola Blackwood in parliament and coordinating protests with other universities across Britain and Europe.“I’m hugely, hugely angry,” said Elena Lynch, who is in her fourth year reading French and German at Wadham. “This is just going to devastate social mobility.” More than two hundred people attended the first public meeting of the OxfordEducation Campaign to discuss the recommendations of the Browne Review.Students, academics, graduates and sixth formers attended the meeting at Wadham’s Old Refectory on Monday to express their concerns about the review’s findings. The meeting, chaired by Alice Heath, saw calls for mass demonstrations at the visits of Liberal Democrat ministers Vince Cable and Nick Clegg, and for an NUS-style “town takeover” of the city centre.“We shouldn’t be afraid of unorthodox methods of action,” said one speaker to universal assent. Another speaker added, “The world thinks all Oxford students are really good at is sending emails and writing letters. It’s time we showed them we can do immediate action as well.”A member of the OxfordEducation Campaign presented a summary of the Browne Review and the higher education budget. The summary said that the proposed cut from £3.5bn to £700m in spending would move the UK to the bottom of the OEDC league table for universities. Jason Keen, former JCR President of St John’s, doubted whether the cap on tuition fees would stay at £7000 a year for long. “Even if students do pay £7000,” he said, “it won’t be enough to make up for the shortfall in funding. What we are really talking about is fees of £12,000 or £20,000 in the near future. Universities will become palaces for the elite, closed off to those who shouldn’t have to pay.”Heath asked the meeting to use jazz hands to applaud the statements they agreed with in silence. Hands shot up all around the room when one speaker complained about the broader program of cuts, saying, “This shouldn’t just be a student campaign – this is going to be a struggle that will last for the next two generations.” last_img read more

WHAT ARE WE DOING by Jim Redwine

first_imgFacebookTwitterCopy LinkEmailShare Gavel Gamut By Jim Redwine(Week of 25 July 2016)WHAT ARE WE DOING?You probably think this article is about the current presidential election. You would be incorrect. The title is literal. That is, what does the Posey Circuit Court do and who does it? Many of my friends ask me these questions. Actually, I do not have that many friends but the few I have often ask, “Do judges work?” One of my brothers, the one who practices law, answers this question thusly, “No!” But he was always prone to being overly dramatic. And his opinion is usually expressed right after he has lost a case. I do not feel any urge to disabuse him of his prejudice.Instead I would like to share with you, Gentle Reader, an exposition of what really goes on in the Posey Circuit Court. Let’s start with one of the Court’s four court reporters, Liz Miller.Elizabeth Ann (Dayton) Miller has been with the Court since January 2015. She is our newest member. While each court reporter may step in for the others when needed, each court reporter has particular areas of responsibility. Liz’s is court administration. She prepares and presents our budgets, claims and payroll to the Posey County Council, Board of Commissioners and the County Auditor. Liz also picks up the mail, prepares the next day’s files for court and transcribes testimony from court hearings.Lizzie, as only her four siblings call her, was born in Kansas City, Missouri. Her family moved to Posey County when she was twelve so her father could take the position of plant chemist with G.A.F. Liz and all of her siblings graduated from Mt. Vernon High School.“Jeff Miller,  Liz’s husband of 34 years, is a native of Savah where, according to Liz, he plans to stay until he becomes one with the soil. Jeff and Liz are members of Mt. Vernon’s First Christian Church.”Liz has been actively and deeply involved in public service in Posey County for many years. She was Co-Chair of Relay for Life 2001–2005. Liz received the Relay for Life Courage award in 2006. She has chaired the Gateway for Cancer Research Longaberger Basket BINGO every year since 2004.While Liz has numerous other public service accomplishments one of her proudest honors is being chosen one of Posey County’s Torchbearers for Indiana’s Bi-Centennial Torch Relay celebration. To commemorate 200 years of Indiana history Hoosier citizens from across our state have been nominated and selected to carry the Torch from our first State Capitol in Harrison County through all 92 counties.Liz and her fellow Posey County honorees will receive the Torch at noon on September 11, 2016 in Mt. Vernon in front of the Hovey House. She will be one of the twenty Posey County citizens who are being honored for their public service. Liz is grateful but humbled by this recognition of her dedication to helping others and promoting Indiana’s long tradition of service and progress.To those who may wonder what the court does, I submit Liz. Perhaps we can discuss other Court functions and functionaries later.last_img read more

John Mayer Adds 30+ Tour Dates To “The Search For Everything” Tour

first_imgJohn Mayer has announced additional dates to his enormous Spring tour that will take him across North America and Europe, marking his first major tour as a solo artist in years. Mayer will combine his varied talents into one show, promising an acoustic set, a set with the John Mayer Trio (featuring bassist Pino Palladino and drummer Steve Jordan), and a set with his full live band as well. The announcement comes after the release of four new tracks from The Search For Everything earlier today. He released this video with the announcement:Mayer will kick off his tour at the Times Union Center in Albany, NY on March 31st. The tour will take him to Madison Square Garden in New York, the Wells Fargo Center in Philadelphia, The Forum in Inglewood, and the Air Canada Centre in Toronto. There are fifteen North American dates in all, with the tour finishing off at the Mandalay Bay Events Center in Las Vegas on April 22nd. The tour will then move to Europe, where Mayer will make stops in Amsterdam, Copenhagen, Oslo, London, and more.The second, newly-announced leg of his tour begins on July 18 at Isleta Amphitheater in Albuquerque, NM and closes on September 3 at the Klipsch Music Center in Noblesville, IN over 30 dates later. Tickets for the latest dates go on sale March 4th. More information can be found on Mayer’s website.John Mayer Tour DatesMarch 31 – Albany, NY @ Times Union CenterApril 1 – Montreal, QC @ Bell CentreApril 3 – Toronto, ON @ Air Canada CentreApril 5 – New York, NY @ Madison Square GardenApril 6 – Washington, DC @ Verizon CenterApril 7 – Philadelphia, PA @ Wells Fargo CenterApril 9 – Boston, MA @ TD GardenApril 11 – Chicago, IL @ United CenterApril 12 – Columbus, OH @ Schottenstein CenterApril 14 – Kansas City, MO @ Sprint CenterApril 15 – St. Paul, MN @ Xcel Energy CenterApril 17 – Edmonton, AB @ Rogers PlaceApril 19 – Vancouver, BC @ Pepsi Live at Rogers ArenaApril 21 – Inglewood, CA @ The ForumApril 22 – Las Vegas, NV @ T-Mobile ArenaMAY 3 – Ziggo Dome – Amsterdam, NetherlandsMAY 5 – Jyske Bank Boxen – Herning, DenmarkMAY 7 – Ericcson Globen Arena – Stockholm, SwedenMAY 8 – Oslo Spektrum Arena – Oslo, NorwayMAY 9 – Royal Arena – Copenhagen, DenmarkMAY 12 – The 02 arena, London – London, United KingdomJuly 18 – Albuquerque, NM @ Isleta AmphitheaterJuly 19 – Denver, CO @ Pepsi CenterJuly 21 – Quincy, WA @ Gorge AmphitheatreJuly 22 – Portland, OR @ Moda CenterJuly 25 – Anaheim, CA @ Honda CenterJuly 27 – Sacramento, CA @ Golden 1 CenterJuly 29 – Mountain View, CA @ Shoreline AmphitheatreJuly 30 – Los Angeles, CA @ The ForumAugust 1 – Phoenix, AZ @ Talking Stick Resort ArenaAugust 3 – San Antonio, TX @ AT&T CenterAugust 5 – Dallas, TX @ American Airlines CenterAugust 6 – Woodlands, TX @ Cynthia Woods Mitchell PavilionAugust 8 – Nashville, TN @ Bridgestone ArenaAugust 9 – New Orleans, LA @ Smoothie King CenterAugust 10 – Atlanta, GA @ Lakewood AmphitheatreAugust 12 – Fort Lauderdale, FL @ BB&T CenterAugust 13 – Tampa, FL @ Amalie ArenaAugust 15 – Charlotte, NC @ PNC Music PavilionAugust 16 – Raleigh, NC @ Coastal Credit Union Music ParkAugust 18 – Camden, NJ @ BB&T PavilionAugust 19 – Holmdel, NJ @ PNC Bank Arts CenterAugust 20 – Hartford, CT @ XFINITY TheatreAugust 22 – Syracuse, NY @ Lakeview AmphitheaterAugust 23 – Wantagh, NY @ Northwell Health at Jones Beach TheaterAugust 25 – Bristow, VA @ Jiffy Lube LiveAugust 26 – Cincinnati, OH @ Riverbend Music CenterAugust 27 – Darien Center, NY @ Darien Lake AmphitheaterAugust 29 – Toronto, ON @ Budweiser StageAugust 30 – Cuyahoga Falls, OH @ Blossom Music CenterSeptember 1 – Clarkston, MI @ DTE Energy Music TheatreSeptember 2 – Tinley Park, IL @ Hollywood Casino AmphitheatreSeptember 3 – Noblesville, IN @ Klipsch Music Center[H/T Rolling Stone]last_img read more

Members recommend medical amnesty policy

first_imgCampus Life Council (CLC) passed a recommendation to include a medical amnesty policy in du Lac while also debating progressive discipline and the levels of administrative action at its meeting Monday.Council members passed the medical amnesty recommendation with a 12-1 vote. The policy would prevent a student seeking medical treatment for a friend from getting in trouble with the Office of Residence Life and Housing (ORLH).Controversy over the policy in past meetings caused the recommendation to be revised and represented to CLC at Monday’s meeting.“Students would at least know that this would be kept in consideration,” student body president Grant Schmidt said. “I feel that these revised points attest to that.”The new recommendation suggests a medical amnesty policy be established “that, under normal circumstances, allows students to report emergencies without automatically incurring a disciplinary record.” The ultimate decision on whether to adapt this policy will be left up to ORLH, Schmidt said.Council members also discussed how to best keep discipline at the lowest administrative level, which is often a student’s dorm.“This recommendation is about keeping things in the realm of the people who know students most closely,” student body vice president Cynthia Weber said.Weber said this policy would allow students to avoid an unnecessary disciplinary record when a rector could deal with a minor offense instead of sending the student to ORLH. Several of the rectors on the council objected to the lack of clarity in the definition for this recommendation.“I am a structure guy,” Fr. Pete McCormick, rector of Keough Hall, said. “I don’t see the structure here and I’m worried about the message that gets sent that [discipline] will always get kicked back to the rector.” The recommendation would free the hands of ORLH by giving more room for discretion, Judicial Council president Ian Secviar said. It would also be in keeping with the goal of pastoral care that is central to the philosophy behind residence life at Notre Dame, he said.Zahm House rector Corry Colonna said CLC should not assume that sending a student to ORLH for discipline negates the educative role of the rector.Council member Gus Gari said there was a need to recognize that the policy of referring discipline to the rector would work as “an exception rather than a norm.”CLC members will review the recommendation and represent it to the council next week.Council members also agreed to recommend that the new issue of du Lac should clarify the undergraduate tailgating policy.The suggested change asks that individual students who wish to host a tailgate may do so without consulting the Student Activities Office, Schmidt said. CLC will invite Bill Kirk, associate vice president of Residence Life, to its next meeting in order to hear its recommendations and continue its discussion on du Lac revisions.last_img read more

Saint Mary’s senior reflects on time as student football manager

first_imgUpon arriving to campus her first year, Saint Mary’s senior Ashley DeJonge said she knew she wanted to participate in the football student managing program. “I knew about the student managing program before I even stepped on campus as a student,” DeJonge said in an email. “I know a couple people who were involved as a manager for other sports and spoke very highly of the program, so I thought I’d give it a try.”Students interested in the program must join during their freshman year, so DeJonge began her involvement during her first year of studies. “I’ve been a manager for the football team since my freshman year,” she said. “That’s when anyone who is interested needs to get involved because of the way continuing on in the program works.”Within the program, she works both practices and games in order to assist the team. “We work every practice and walk-through the team has, set up the locker room before game days and work on the sidelines of the home games,” DeJonge said. “Some of us even get the opportunity to travel to all the away games.”DeJonge said her participation in the football management program has given her an introduction into the sports industry — a field in which she said she hopes to continue working after graduation.“My dream is to work in the sports industry someday, so I felt this would be a great opportunity to get involved with an athletic program and to build my resume,” she added. In addition to building her resume, football management has taught her about all of the work that goes into a game day, she said. “I love getting to see everything that happens behind the scenes,” DeJonge said. “I’ve learned so much about an athletic team and its program that I would have never imagined goes into a game day production.”However, there are also obstacles that come with working in the field, DeJonge said. “At times being a female in this position presents a challenge where I’m unable to help out in areas that are needed, such as having to be in the locker room. But these situations definitely have not hindered my ability to work in this program,” she said.Nonetheless, DeJonge said her experience at Saint Mary’s has given her the confidence to continue working in the field. “Saint Mary’s really prides themselves on empowering women, so this mentality has helped me succeed in a male-dominant position,” she said. If any first year students have an interest in joining, DeJonge said she recommends they give it a try. Any freshmen that would like to become involved are welcome to send her an email, she said. “Even if you are on the line about it, sign up and work a practice,” DeJonge said. “Every freshman will have the opportunity to work practices and some will even get lucky enough to work a game. It’s an amazing opportunity no matter how long your experience is.”Tags: football manager, SMC football manager, student managerlast_img read more

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