Keyword: slowdown

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  • The fuel of the US economy is getting cut off

    05/16/2016 12:31:17 PM PDT · by ChicagoConservative27 · 22 replies
    The warning signs of a credit slowdown are beginning to appear. Late Friday, the Federal Reserve's weekly H.8 report showed that growth in lending for commercial and industrial (C&I) loans has significantly cooled off in recent weeks. According to Bespoke Investment Group, the annualized quarter-over-quarter growth rate of C&I loans fell to 15.17% based on Friday's data. Just two weeks ago this was 19.34%.
  • Its Time to Make a List

    03/18/2016 11:16:06 AM PDT · by FlipWilson · 32 replies
    Vanity | 3/18/16 | FlipWilson
    There is quite a bit out there about making "black lists" of Trump supporters. I support Ted Cruz for the nomination. I have what I believe are legitimate concerns with Donald Trump. Nonetheless, I will express those concerns at the ballot box, as part of the democratic process. If Mr. Trump should attain the nomination fair and square one has the right to withhold their support, sit it out, vote for Hillary whatever floats their boat. I myself will not. I plan on supporting him. If I held my nose and supported Romney, I think I can manage some support...
  • The American Consumer Has Offset The Entirety Of The Economic Fallout From The Global Slowdown

    09/28/2015 1:58:13 PM PDT · by blam · 28 replies
    BI ^ | 9-28-2015 | Elena Holodny
    Elena HolodnySeptember 28, 2015The US economy grew at a 3.9% pace in the second quarter. The Bureau of Economic Analysis noted that the rise in the GDP was led by consumer spending on healthcare, food services, and accommodation. But notably, the good news about US consumers comes at a time when the rest of the global economy isn't doing so great. Those concerned about the US economy are inevitably wondering which has the bigger incremental effect on growth: the healthy US economy or the ailing international economy? In a recent note to clients, RBC Capital Markets chief US economist Tom...
  • Global Leading Indicator Plunges To Economic "Slowdown", Goldman Warns

    09/21/2014 7:01:39 PM PDT · by blam · 9 replies
    Zero hedge ^ | Tyler Durden
    Tyler Durden 09/21/2014 Just two short months ago, Goldman Sachs was exuberant over the 'expansion' signals that the firm's Global Leading Indicator Swirlogram was exhibiting as it confirmed their 'economists' expectations that the Keynesian hockey-stick of hope would once again re-appear majestically in H2 2014 and lift America (and the world) to escape velocity. That dream is over. Confirming the collapse of world GDP expectations, Goldman's GLI has plunged into 'slowdown' with momentum starting to slow. Perhaps, just perhaps, as we noted previously, this time is not different and the annual cycle of extrapolating early-year hope is rapidly turning to...
  • Did the Winter of 2014 Cause the GDP Slowdown? That's a Snow Job

    06/07/2014 11:00:06 AM PDT · by SeekAndFind · 9 replies
    RCM ^ | 06/07/2014 | Peter Schiff
    Economists, investment analysts, and politicians have spent much of 2014 bemoaning the terrible economic effects of the winter of 2014. The cold and snow have been continuously blamed for the lackluster job market, disappointing retail sales, tepid business investment and, most notably, much slower than expected GDP growth. Given how optimistic many of these forecasters had been in the waning months of 2013, when the stock market was surging into record territory and the Fed had finally declared that the economy had outgrown the need for continued Quantitative Easing, the weather was an absolutely vital alibi. If not for the...
  • Here's My Theory For Why Tablet-Market Growth Just Collapsed ...

    05/12/2014 12:58:10 PM PDT · by SeekAndFind · 55 replies
    Business Insider ^ | 05/12/2014
    As recently as a couple of quarters ago, analysts were convinced that tablet growth rates would be stratospheric forever, or at least until a few billion people had one.Apple, it was said, was no longer going to be "the iPhone company." It was going to be "the iPad company." And analysts were frantically calculating how much money Apple was going to coin once it was selling more iPads than iPhones.Well, those forecasts aren't looking so promising anymore.Tablet growth has slowed sharply over the past few quarters. And tablet growth at Apple has hit a wall. BII Business Insider Analysts have...
  • Report suggests slowdown in CO2 emissions rise

    10/31/2013 9:52:36 AM PDT · by NormsRevenge · 7 replies
    BBC News ^ | 10/30/13 | Matt McGrath
    Global emissions of carbon dioxide may be showing the first signs of a "permanent slowdown" in the rate of increase. According to a new report, emissions in 2012 increased at less than half the average over the past decade. Key factors included the shift to shale gas for energy in the US while China increased its use of hydropower by 23%. However the use of cheap coal continues to be an issue, with UK consumption up by almost a quarter. The report on trends in global emissions has been produced annually by the Netherlands Environment Assessment Agency and the European...
  • They Negotiated a Great Deal. Not!

    10/17/2013 9:17:52 AM PDT · by DanMiller · 5 replies
    Dan Miller's Blog ^ | October 17, 2013 | Dan Miller
    Summation of Rant: It's bad for America but great for President Obama & Co.  The End the Slowdown and Raise the Debt Ceiling Bill is now "the law of the land." The Senate passed the bill (81 to 18 with more than half of the Republicans voting "yes"). Then the House of Boehner passed it (286 to 144 with 81 Republicans voting "yes" but more than 60% of House Republicans opposed). The Government slowdown is finished, "we" have financed additional Governmental waste by multiple agencies through January 15th and raised the debt limit from sixteen trillion, six hundred and sixty-nine billion dollars to an...
  • Where's sense of crisis in a 17% government shutdown?

    10/07/2013 6:33:38 AM PDT · by Qbert · 28 replies
    Washington Examiner ^ | OCTOBER 5, 2013 | BYRON YORK
    Everyone knows the phrase "government shutdown" doesn't mean the entire U.S. government is shut down. So in a partial government shutdown, like the one underway at the moment, how much of the government is actually shut down, and how much is not? One way to measure that is in how much money the government spends. In a conversation Thursday, a Republican member of Congress mentioned that the military pay act, passed by Congress and signed by President Obama at the beginning of the shutdown, is actually a huge percentage of the government's discretionary spending in any given year. And that...
  • When things keep going wrong We should change how We deal with them

    10/06/2013 11:34:09 AM PDT · by DanMiller · 4 replies
    Dan Miller's Blog ^ | October 6, 2013 | Dan Miller
    The Republican Party is broken. Its leadership has great difficulty doing anything beyond yielding to the Obama Machine. Can the party be fixed, or should it be put out of our misery.Here's the RINO view: It hasn't worked very well.Here's the Democrat view: It has worked. In a presentation shortly after the November election debacle, Bill Whittle explained that most Republicans do not stand for what they say are their basic principles. Before getting into that, some historical insights into basic concepts, "big ideas" and what most conservatives believe is necessary Part I -- Constrained vs. Unconstrained Visions of Humanity[youtube=] Video linkPart II --...
  • Climate scientists struggle to explain warming slowdown

    04/16/2013 8:46:53 AM PDT · by Moseley · 27 replies
    REUTERS ^ | April 16, 2013 | Reuters Correspondent Alister Doyle
    Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding and defies a rise in global greenhouse gas emissions. Often focused on century-long trends, most climate models failed to predict that the temperature rise would slow, starting around 2000. Scientists are now intent on figuring out the causes and determining whether the respite will be brief or a more lasting phenomenon. Getting this right is essential for the short and long-term planning of governments and businesses ranging from energy to construction, from agriculture to insurance. Many scientists say they expect a revival of...
  • The US Is Entering A New Era Of Fiscal Austerity

    12/07/2012 3:46:03 AM PST · by blam · 12 replies
    TBI ^ | 12-7-2012 | Comstock Partners
    The US Is Entering A New Era Of Fiscal Austerity Comstock PartnersDec. 6, 2012, 6:59 PM In discussing the fiscal cliff issue, the one big takeaway not to forget is that it is all about austerity----extreme austerity if we go over the cliff and a lesser amount of austerity if we settle it before year-end. More than likely, this is the start of new era of fiscal austerity in the U.S. In no way do we see this as a solution to the myriad of problems besetting the U.S. economy and stock market. These include the still excessive level of...
  • China’s (Severe) Corporate Cash Crunch, Illustrated

    09/19/2012 6:02:54 AM PDT · by blam · 8 replies
    Also Sprach ^ | 9-19-2012 | Zarathustra
    China’s Corporate Cash Crunch, Illustrated 19 September, 2012, 15:00. Posted by Zarathustra Paul J. Davies at FT wrote about China’s cash crunch last week. He found that one-third of companies experienced operating negative cash flow in the most recent quarter. More interestingly, he also found that many of the companies’ cash flow slumps are not seasonal. The fact that the economic slowdown is creating troubles for many Chinese companies is not a secret. Even though the economy is still growing fast relative to many other countries, corporate profitability has been declining. Sales are slowing as the economy slows, while costs...
  • JIM ROGERS: The Next Economic Slowdown Is Coming And It's Going To Be Much Worse

    05/02/2012 10:25:38 AM PDT · by blam · 20 replies
    TBI ^ | 5-2-2012 | Henry Blodgett
    JIM ROGERS: The Next Economic Slowdown Is Coming And It's Going To Be Much Worse Henry Blodget May 2, 2012, 11:27 AM After a few months of decent data, most people suddenly think the U.S. economy is finally headed towards a recovery. Not Jim Rogers. Rogers, who stopped by our offices the other day, thinks another economic slowdown is coming and that it will be much worse than what we've just experienced. Rogers says the good news we're hearing about the economy is basically just propaganda from a government hoping to be re-elected this fall.(Click to the site to view...
  • A Quick Look At Copper, Lumber And Rubber Prices

    10/21/2011 4:28:26 AM PDT · by blam · 4 replies
    TBI ^ | 10-21-2011 | Global Macro Monitor
    A Quick Look At Copper, Lumber And Rubber Prices Global Macro Monitor Oct. 21, 2011, 5:21 AM Take a look at copper, lumber, and rubber. Down big. What does it mean? No doubt a reflection of a slowing global economy and confirms the contracting manufacturing PMIs in many of the emerging economies. Hard landing in China? Don’t know but makes us more vigilant. Stay tuned.
  • Obama: We've gone a bit 'soft'

    09/29/2011 7:38:04 PM PDT · by ColdOne · 66 replies
    Politico ^ | 9/29/11 | MAGGIE HABERMAN
    President Obama, making his pitch to Floridians in a state where polls show him struggling, characterized the nation's problems this way: “This is a great country that had gotten a little soft, and we didn’t have that same competitive edge that we needed over the last couple of decades,” Obama told Payne. “We need to get back on track, but I still wouldn’t trade our position with any countries on Earth. We still have the best universities, best scientists and best workers in the world. We still have the most dynamic economic system in the world. So we just need...
  • European financial crisis: Germany shows signs of slowdown (The Euro's savior might need saving)

    08/10/2011 8:07:13 AM PDT · by SeekAndFind · 9 replies
    Washington Post ^ | 08/10/2011 | Suzy Khimm
    Germany’s robust economy is showing signs of a slowdown, raising fears that the linchpin holding together Europe’s fragile financial health could be weakening. On Tuesday, the country revealed that its exports in June rose by only 3.1 percent, compared with a 20.1 percent increase in May, marking the smallest increase in 16 months. A few days earlier, an index of German manufacturing activity dropped from 54.6 in June to 52 in July — the lowest level since October 2009, marking the third consecutive month of declines. “The fact that [the German economy is] showing signs of faltering and sources of...

    06/10/2011 3:47:01 PM PDT · by blam · 1 replies
    Pragmatic Capitalist ^ | 6-10-2011 | Cullen Roche
    THE ECONOMIC ICE AGE 10 June 2011 by Cullen Roche Some pretty interesting thoughts here from Societe Generale on the economic “ice age”. This is what their analysts refer to as the period after a bubble bursting has occurred. They’ve used the same Japan analogy that I am fond of. Pretty pessimistic thoughts (more so than mine), but I think they’ve got the macro situation understood better than most: “In the aftermath of last week’s stunningly weak economic data the market is now beginning to acknowledge that, without a further round of QE a relapse back into economic stagnation or...
  • Jobs and factory slowdown pile on recovery fears

    06/01/2011 2:16:35 PM PDT · by NormsRevenge · 19 replies
    Yahoo ^ | 6/1/11 | Leah Schnurr - Reuters
    NEW YORK (Reuters) – U.S. companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since 2009, adding to concerns that the U.S. recovery is running out of steam. Economists slashed their forecasts for Friday's payrolls report, considered the best barometer of the world's biggest economy, after private-sector job growth tumbled to just 38,000, its lowest level in eight months. Wednesday's reports were the latest signals that economic growth remained sluggish in the second quarter after hitting a weak spot in the first months of the year. "It fits very...
  • Weak data point to sluggish economy

    05/31/2011 1:43:43 PM PDT · by mdittmar · 6 replies
    Reuters ^ | May 31, 2011 | Leah Schnurr
    A double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy's soft patch could become protracted. "The question is, 'Is the softer data we're seeing transitory, or is it likely to persist throughout the remainder of 2011?' Right now, that's an open question that investors are trying to figure out," said Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut.The U.S. economy grew at a tepid 1.8 percent annual rate in the first three months of the year, and these fresh signs suggest the recovery is still struggling to...
  • China's slowdown: Starts with a spark

    05/31/2011 7:39:15 AM PDT · by TigerLikesRooster · 5 replies
    Economist ^ | 05/30/11
    China's slowdown Starts with a spark May 30th 2011, 16:52 by T.E. | HONG KONG CHINA’S economy has, at least on paper, survived forces that have overwhelmed much of the rest of the world. But the recent round of bank tightening seems, at least indirectly, to be hitting with real force. Slowly, word has spread of Jin Libin, a resident of Inner Mongolia who ran a business empire encompassing supermarkets, mining and transport, who set himself on fire one day in April and burned to death. According to the Global Times, a government-run newspaper, he left private debts of $1.3...
  • Cruel Summer? Data Signal Global Industrial Slowdown

    05/19/2011 7:34:30 AM PDT · by Slyscribe · 6 replies
    Investor's Business Daily ^ | 5/18/2011 | Scott Stoddard
    A global summer slowdown looms as a leading indicator of factory activity has turned down, according to a well-respected independent research firm. The Economic Cycle Research Institute's long leading indicator of global industrial growth peaked at 0.7 in August 2010, predicting a cyclical peak for industrial activity this summer. The index stood at 0.1 in March, near the lowest level since January 1980. "There's a downturn in global industrial growth in clear sight," said ECRI managing director Lakshman Achuthan.

    05/18/2011 3:18:02 PM PDT · by blam · 6 replies
    Pragmatic Capitalist ^ | 5-19-2011 | Cullen Roche
    ECRI: GLOBAL SLOW-DOWN IS COMING 18 May 2011 Cullen Roche I can’t figure out how their indices work for the life of me (they appear to just mirror the S&P 500), but the folks at ECRI have been remarkably accurate in recent years. Lakshman Achuthan, Chief Economist of ECRI, says global industrial growth is set to peak this summer. He says a slow-down is “for sure”, but not necessarily forecasting a new recession.(Click to the site to see the video)
  • Some Jawdropping Facts About Chinese Commodity Consumption

    05/05/2011 6:04:53 AM PDT · by blam · 16 replies
    TBI ^ | 4-5-2011 | Gus Lubin
    Some Jawdropping Facts About Chinese Commodity Consumption Gus Lubin May 5, 2011, 6:37 AM The preeminent driver of the commodity bull market is China. Michael Pettis presents some incredible numbers in his latest newsletter. While China's GDP is only 9.4% of the global economy, and its population is 19% of the world population... Cement demand represents 53.2% of global demand * Iron ore = 47.7% * Coal = 46.9% * Pigs = 46.4% * Steel = 45.4% * Lead = 44.6% * Zinc = 41.3% * Aluminum = 40.6% * Copper = 38.9% * Eggs = 37.2% * Nickel =...
  • Larry Kudlow: Q1 Slowdown: Caveat Emptor. The Economy is Slowing and Inflation is Rising

    03/22/2011 6:48:59 AM PDT · by SeekAndFind · 11 replies
    National Review ^ | 03/22/2011 | Larry Kudlow
    Caveat emptor: The first-quarter economy is slowing and inflation is rising. A month ago, economists were optimistic about the potential for 4 percent growth. Now they are marking down their estimates toward 2.5 percent. Behind this, consumer expectations are falling while inflation fears are going up. A recent CNBC All American Economic Survey revealed that 37 percent of respondents expect the economy to get worse in the next year. That’s up about 15 percentage points from the December poll. The key reasons? Worries over rising food and fuel costs. Respondents anticipate prices to climb 6.6 percent over the next year....
  • NYC blizzard: Feds open criminal probe into alleged city worker conspiracy during storm response

    01/04/2011 12:38:52 PM PST · by BAW · 22 replies
    NY Daily News ^ | Jan 4, 2011 | John Marzulli
    Federal proscutors have opened a criminal probe of allegations that public employees conspired to paralyze the city in last week's blizzard, sources said Tuesday. The investigation by the Brooklyn U.S. Attorney's public integrity unit comes in response to Councilman Dan Halloran (R-Queens) revelation that guilt-wracked sanitation and transportation workers confessed the alleged work slowdown to him. If their claim is true, the feds would examine whether the wire or mail fraud statutes were violated by pocketing overtime pay during an illegal job action, sources said. Halloran vowed Monday to keep confidential the names of the three sanit and two Department...
  • A mutiny for Mike

    12/31/2010 3:35:57 AM PST · by Scanian · 44 replies
    NY Post ^ | December 31, 2010 | Editorial
    So it transpires that the city Depart ment of Investigation has been on to reports of a snow-removal slow down all week. Go to it, folks. People could have died because of the mini-mutiny -- and those responsible have much for which to answer. The Post reported yesterday that sanitation employees purposely delayed plowing streets during and after the Christmas weekend blizzard. It now seems that there was an effort to target certain politically connected neighborhoods -- like Borough Park in Brookyn and Middle Village in Queens. Why? Because hard times are on the city, austerity looms for everyone --...
  • Mayor Bloomberg says he will investigate blizzard sabotage, calls it 'an outrage' (Coverup time...)

    12/30/2010 1:25:34 PM PST · by jimbo123 · 101 replies · 258+ views
    NY Post ^ | 12/30/10 | SERGEY KANDINSKY and DAVID SEIFMAN
    Mayor Bloomberg will order a probe into allegations that Sanitation Department told drivers to snarl the cleanup effort to protest budget cuts, saying this morning it "would be an outrage" if workers intentionally did not clear streets.
  • Now Goldman's Own Leading Indicator Index Is Warning Of A Slow-Down

    10/04/2010 5:52:41 AM PDT · by blam · 8 replies
    The Business Insider ^ | 10-4-2010 | Vincent Fernando, CFA
    Now Goldman's Own Leading Indicator Index Is Warning Of A Slow-Down Vincent Fernando, CFA Oct. 4, 2010, 8:00 AM Global growth is set to slow according to Goldman Sachs's Global Leading Indicator (GLI), which is basically an index which tries to highlight trends ahead of economic reports released by individual countries. Growth is slowing, but it will remain robust in developing markets. Goldman's Dominic Wilson: Headline and Momentum Ease Further. Our September Final GLI headline reading came in at 4.6%yoy, down from last month’s revised 5.9%yoy. While the improved GLI shows a peak in March, the headline remains at an...
  • 4 Reasons A Slowdown Is Coming In The Second Half Of The Year

    05/05/2010 5:48:31 AM PDT · by blam · 8 replies · 595+ views
    The Business Insider ^ | 5-5-2010 | Calculated Risk
    4 Reasons A Slowdown Is Coming In The Second Half Of The Year Calculated Risk May. 5, 2010, 5:23 AMThere are several analysts forecasting GDP growth to pick up in the 2nd half of this year, with annual GDP growth of over 4% for 2010 (the advance Q1 GDP estimate was 3.2%, so over 4% for 2010 would require a nice pick up in the 2nd half). This is not a "v-shaped" recovery - that didn't happen - but these forecasts are still above trend growth. Unfortunately I think we will see a slowdown in the 2nd half of the...
  • China cuts interest rates again as growth cools(demands on Chinese goods falling fast)

    10/29/2008 6:02:52 AM PDT · by TigerLikesRooster · 12 replies · 491+ views
    Telegraph ^ | 10/29/08 | Malcolm Moore
    China cuts interest rates again as growth cools The People's Bank of China cut its main interest rate again today without any warning or explanation. By Malcolm Moore in Shanghai Last Updated: 12:54PM GMT 29 Oct 2008 It was the third time that the Chinese central bank has cut rates in the past two months. It informed banks that the key one-year lending rate will fall to 6.66pc from 6.93pc, effective from Thursday. The country's policy makers were the first to act after the collapse of Lehman Brothers helped deepen the worst financial crisis since the 1930s. China slashed its...
  • The Encouraging hopeful Part of this "Black Monday": All Eyes to US!

    01/22/2008 8:53:10 AM PST · by PRePublic · 2 replies · 113+ views
    The Encouraging hopeful Part of this "Black Monday": All Eyes to US!   January 21, 2008   True, the total losses of the world's major markets are immense & painful.   Not to be belittling the tragedy at all, yet, you can't help but not overlook a sweet lightening surprise among the bitter rubble.   If we were told time and time again that America's future is a vague one, that tomorrow's economy is in  an Euro capital or in Beijing, or as America's feverish enemies shout out in ecstasy: "it's going down", this day came and abolished all those thesis, if you read the...
  • Malpass: Slowdown, Not Recession

    11/29/2007 5:29:24 PM PST · by shrinkermd · 8 replies · 53+ views
    Forbes ^ | 29 November 2007 | Rich Karlgaard
    Earlier today, Bear Stearns economist and top forecaster David Malpass emailed this prediction about Q4 '07 and Q1 '08: "We expect a material, two-quarter U.S. slowdown--1.5% real GDP growth in the fourth quarter and 1% in the first quarter of 2008--but not a recession. We think recent developments are consistent with a low recession probability, say 20% through September 2008 as discussed in "Extra Rate Cut A Big Deal, Not A Band-Aid" on Sept. 19. "--The normal recession predictors--a prolonged decline in profits, a decline in equity market prices, sharply rising jobless claims--are missing. Recessions usually involve cyclical declines in...
  • At Least 2 Dead in California Pileup After Sandstorm

    10/16/2007 4:21:06 PM PDT · by Enterprise · 11 replies · 155+ views
    Fox News ^ | 10-16-07 | Unknown
    LANCASTER, Calif. — A blinding sandstorm caught dozens of vehicles in a highway pileup Tuesday in the high desert north of Los Angeles, killing at least two people and injuring 16, authorities said.
  • Take Our Roads Back Campaign (Alabama)

    07/27/2007 6:16:55 AM PDT · by redtetrahedron · 9 replies · 1,084+ views
    To: AOC Staff Subject: Take Our Roads Back Campaign Dear Staff: During the Judges Conference last week, a representative of the Department of Public Safety spoke concerning an upcoming event I thought you would be interested in learning about. During the week of August 13-18, 2007, the Alabama Department of Public Safety will have every supervisor and eligible staff person in uniform and on the roads. This will add approximately 150 more troopers to the highways during this week. It is my understanding that they will be maintaining a “zero tolerance” rule on speeding and other violations, meaning that if...
  • Using Live Mice...

    03/20/2007 12:30:33 PM PDT · by John Robinson · 2,927 replies · 18,359+ views
    We technicians here in the Free Republic server room experimented with real mice attached to our computers. Unfortunately, not one mouse survived being plugged-in for more than a few minutes. We've reverted back to the hamsters, they're more durable and they know how to dance to the electronic pop music we enjoy.You should notice a significant improvement in response time.Go go hamsters.
  • Toll Brothers hit by housing slowdown (fourth-quarter net income plunged 44 per cent)

    12/05/2006 8:21:40 AM PST · by GodGunsGuts · 147 replies · 2,004+ views
    Financial Times (via MSNBC) ^ | December 5, 2006 | Daniel Pimlott
    Toll Brothers hit by housing slowdown By Daniel Pimlott in New York Financial Times Dec 5, 2006 Toll Brothers said fourth-quarter net income plunged 44 per cent as the the largest builder of luxury homes in the US felt the full force of the downturn in the housing market....

    11/07/2006 7:57:28 PM PST · by MeneMeneTekelUpharsin · 17 replies · 583+ views
    AP via Yahoo ^ | 7 November 2006 | Deborah Yao
    2 Major Homebuilders See Drop in Fourth-Quarter Orders, Profits PHILADELPHIA (AP) -- In a sign of a deepening housing slump, two major homebuilders on Tuesday reported steep declines in new orders and weaker fourth-quarter results. Luxury home builder Toll Brothers Inc. of Horsham, Pa., said home-building revenue fell by 10 percent and signed contracts were down by 55 percent compared with a year ago. The company, which released its quarterly outlook ahead of earnings, also said it will incur a hefty charge against profits as it pares down the number of lots it controls. Beazer Homes USA Inc. of Atlanta...
  • US Housing Slowdown Continues

    09/25/2006 5:42:41 PM PDT · by MeneMeneTekelUpharsin · 16 replies · 452+ views
    Financial ^ | 25 September 2006 | Daniel Pimlott and Michael Mackenzie
    Prices of existing homes fell for the first time in 11 years and the backlog of available homes for sale was at its highest since current measures began, underlining the significant slowdown in the housing market. Existing-home sales slipped 0.5 per cent to an annual rate of 6.30m units in August from a level of 6.33m July, according to the National Association of Realtors. They were 12.6 per cent down on the year before. Economists had expected a fall in sales to 6.2m, following a sharp 4.1 per cent decline in sales in July. “The housing market continues to weaken,...
  • Big Enough to Know Better : Is a Slowdown in Chinese economy coming ?

    12/19/2005 7:30:07 AM PST · by SirLinksalot · 19 replies · 827+ views
    Newsweek ^ | 12/19/2005 | Fareed Zakaria
    Big Enough To Know Better China has grown for three decades at a pace no other country has ever sustained. But 2006 may be the year when we begin to see problems. By Fareed Zakaria Newsweek Dec. 26, 2005 - Jan 2, 2006 issue - By the time you read this column, China's economy will have jumped by 20 percent, or $300 billion. Based on a new nationwide economic census, the National Bureau of Statistics is making an upward revision of gross domestic product, which means that China is now the world's fourth largest economy, bigger than Italy, France and...
  • Chinese Economy Slowing Down(and demand deposit increasing fast)

    07/12/2005 6:03:04 PM PDT · by TigerLikesRooster · 21 replies · 727+ views
    Yonhap News ^ | 07/12/05 | Kwon Young-suk
    /begin my translationChinese Economy Slowing Down (Hong Kong, Yonhap News) correspondent Kwon Young-suk -- Due to contracting investment, Chinese economy is slowing down, according to the analysis of Morgan Stanley on July 12. Andy Xie, a Morgan Stanley's analyst, said in his report that Chinese corporate profit and real estate price has changed their trend and now on their way down, while corporate investment is decreasing. He emphasized, "In particular, the austerity measures introduced in August 2003, had been loosened since last October, which allowed overcapacity of Chinese economy to persist." Report also notes that China's demand deposit has skyrocketed from 4.4 trillion yuan($531.6 billion) in 2001 to current level of 7.5...
  • Ukraine's economy slows

    05/12/2005 9:49:01 AM PDT · by jb6 · 119+ views
    UPI ^ | Apr. 13
    Kiev, Ukraine, Apr. 13 (UPI) -- Ukraine's gross domestic product saw a minimal rise between January and March as compared with last year's figures, the BBC reported. Gross domestic product rose by 5.4 percent between January and March, compared with a 10.8 percent rise during the same period in 2004, official figures showed. According to the State Statistics Committee, Ukraine's first quarter GDP growth fell due to a slowdown in the construction industry, which saw output fall by nearly 6 percent during the first quarter. The government is hoping to expand Ukraine's economy by about 8.2 percent this year, compared...
  • German business data add to eurozone gloom

    04/25/2005 8:38:52 AM PDT · by TigerLikesRooster · 6 replies · 596+ views
    Financial Times ^ | 04/25/05 | Ralph Atkins
    German business data add to eurozone gloom Ralph Atkins in Frankfurt Published: April 25 2005 10:25 | Last updated: April 25 2005 10:25German business confidence has tumbled to its lowest level for 18 months, the latest sign that eurozone economic growth is slowing significantly from an already-modest pace. The Munich-based Ifo institute said its business climate index had fallen for the third consecutive month, dropping to 93.3 from 94.0 in March. That was below analysts' forecasts and the lowest level since September 2003.The Ifo survey is closely watched by financial markets and the European Central Bank. The latest drop...
  • World Economy 'Is Headed For Slowdown'

    04/06/2005 7:08:48 PM PDT · by blam · 15 replies · 626+ views
    The Telegraph (UK) ^ | 4-7-2005 | Malcom Moore
    World economy 'is headed for slowdown’ By Malcolm Moore, Economics Correspondent (Filed: 07/04/2005) The global economy is at a “turning point” and will start to slow after growing at the fastest pace for four years, the World Bank warned yesterday. Last year, the world’s economy expanded at 3.8pc, led by the United States, China, India and Russia, according to the Global Development Finance report. Developing countries saw their economies grow by 6.6pc – the fastest rate in 30 years – but the World Bank said the good times would soon be over. “2004 was an exceptional year for developing countries....
  • CA: Stem cell committee urged to slow down

    01/07/2005 8:39:20 AM PST · by NormsRevenge · 9 replies · 267+ views
    San Diego Union -Tribune ^ | 1/7/05 | Terri Somers
    LOS ANGELES – The committee that will dole out $3 billion in state grants for stem cell research heard yesterday from critics and some of its own members who said the group should slow down in its race to get money to scientists. As the committee met for the second time, one of the overriding messages from the public and some of the committee members was to start by establishing standards for complicated and weighty issues such as how to reimburse taxpayers for their investment. "No one wants results to come back faster than I do," said committee member Joan...
  • Speed of light may have changed recently

    06/30/2004 1:35:28 PM PDT · by NukeMan · 263 replies · 998+ views
    New Scientist ^ | 6/30/04 | Eugenie Samuel Reich
    Speed of light may have changed recently 19:00 30 June 04 The speed of light, one of the most sacrosanct of the universal physical constants, may have been lower as recently as two billion years ago - and not in some far corner of the universe, but right here on Earth. The controversial finding is turning up the heat on an already simmering debate, especially since it is based on re-analysis of old data that has long been used to argue for exactly the opposite: the constancy of the speed of light and other constants. A varying speed of light...
  • Slowdown In Ocean Currents May Bring Ice Age To Britain

    04/15/2004 6:04:04 PM PDT · by blam · 35 replies · 301+ views
    The Telegraph (UK) ^ | 4-16-2004 | Roger Highfield
    Slowdown in ocean currents may bring ice age to Britain By Roger Highfield Science Editor (Filed: 16/04/2004) A crucial "cog" in the circulation of the North Atlantic is slowing down, which could signal a major upheaval in the climate of Britain, according to a study published today. The report in Science comes as Hollywood prepares to release a film on the same theme, The Day After Tomorrow, in which snowstorms batter New Delhi and tornadoes strike Los Angeles after global warming disrupts ocean circulation patterns. It seems logical that a gradual build-up of greenhouse gases will lead to an equally...
  • The Economic Slowdown Is Over (Official End To *Clinton Recession!)

    05/29/2003 7:42:04 PM PDT · by Libloather · 6 replies · 125+ views
    Rush Limbaugh .com ^ | 5/29/03 | El Rushbo
    The Economic Slowdown Is Over May 29, 2003 Okay, folks, no more excuses, the economic slowdown is over. I declared last Friday that we are officially back in growth mode, and, lo and behold, look what's happened. CBS Market Watch reports, "The latest economic news was somewhat encouraging." They report that begrudgingly, along with other good news, such as: First quarter GDP upwardly revised to show a growth rate of 1.9% compared with the previously report 1.6%. The number topped economist expectations for a revision to 1.8%, and there's more going on out there than these people want to admit....

    02/27/2003 6:56:11 PM PST · by RobFromGa · 100 replies · 364+ views
    John- Can you at least tell us whether it's equipment or something more sinister? It would be really good to know out here in FREEPWORLD/
  • Hawaii shippers say goods are moving slowly

    10/27/2002 1:05:06 PM PST · by Vidalia · 1 replies · 180+ views
    Honolulu Star Bulletin ^ | Saturday, October 26, 2002 | Russ Lynch
    The lag on the West Coast has brought a major slowdown in cargo movements to Hawaii, where merchants are used to clockwork-precision deliveries. After the ILWU went back to work, it was taking four or five days to get the labor they needed on the West Coast to work the ships; now it is more like 10 days, said a Matson Navigation Co. spokesman in San Francisco, Jeff Hull. The turnaround time for ships, normally two days, is dragging toward two weeks, he said. But there are still ships coming to Hawaii with freight, Hull said. Matson will have four...