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Singapore’s Economic Growth Misses The Mark

Wednesday February 14, 2018 comments

Singapore’s Economic Growth Misses The Mark

Singapores economy lost some of its momentum in the fourth quarter and the government sees growth moderating slightly this year as an export boom in 2017 eases. Gross domestic product rose at a seasonally adjusted, annualized rate of 2.1 percent from prior three months, trade ministry said Wednesday; Bloomberg survey median was 2 percent, while governments previous projection was 2.8 percent GDP expanded 3.6 percent in the fourth quarter from the same period in 2016; median estimate was for 2.9 percent While manufacturing... Read More


Japan's Older Generation Threatens Economy

Thursday February 1, 2018 comments

Japan's Older Generation Threatens Economy

Japanese population aged 65 and older will rise to 30% by 2030. Moodys Investors Service reported that Japanese population aged 65 and older will rise to 30% by 2030, from 17% in 2000, which poses risks to Japans economy, specifically in terms of GDP growth, and finance transactions. A declining labor force due to ageing population will cause GDP growth to slow down, Moodys said. Japans GDP only rose by 1% from 1995 to 2015, whilst it grew 3.7% in the decade before 1995. Its working age population in 1995 was high at... Read More


American Manufacturing Is Booming

Monday January 15, 2018 comments

American Manufacturing Is Booming

In the decade since the beginning of the Great Recession, industrial production (manufacturing, mining and electricity production) has been a political football of both the left and right. Its time to stop playing that game, and a good way to start is to review some facts about these industries, which continue to provide a significant share of the Midwestern economy. We are now at the peak of industrial production in the United States. By every measure of production, we are at record levels. The industrial production index peaked in... Read More


Has China’s Growth Finally Stabilized?

Tuesday January 2, 2018 comments

Has China’s Growth Finally Stabilized?

Though Chinas financial system is fraught with vulnerabilities, many economists believe that the country has at last entered a new period of stable growth of about 6.5% per year an assessment echoed by the IMF. Given slowing fixed-asset investment growth, however, they would do well to rein in their expectations. BEIJING For the last decade or so, Chinas economy has been on something of a roller coaster ride. As 2018 begins, is the country approaching a new ascent, a steep drop, or something in between? ... Read More


Factors Fueling Automation In IT

Friday December 15, 2017 comments

Factors Fueling Automation In IT

Automation is on the rise in IT shops, especially in the infrastructure and operations realm. Some automation discussions make it sound like a boogeyman automations coming to get you but that misses the point.Its important to understand and be able to articulate the why of automation. Automation enables teams to unlock the potential of modern technologies, methodologies, and ITs ongoing evolution from back-end support shop to business driver. Its not as much a trend as it is a necessity for todays development and... Read More


US Opposes China Market Economy Status At WTO

Friday December 1, 2017 comments

US Opposes China Market Economy Status At WTO

The United States has formally told the World Trade Organization (WTO) that it opposes granting China market economy status, a position that if upheld would allow Washington to maintain high anti-dumping duties on Chinese goods. The statement of opposition, made public on Thursday, was submitted as a third-party brief in support of the European Union in a dispute with China that could have major repercussions for the trade body's future. China is fighting the EU for recognition as a market economy, a designation that would... Read More


How Science Got A Golden Economic Ticket

Wednesday November 15, 2017 comments

How Science Got A Golden Economic Ticket

Any researcher whose eyes glaze over at the phrase 'national accounting' should heed this tale. In the years since the financial crisis of 2008, Britain's science budget has been protected. While libraries shut, children's services shrank and nurses and teachers saw real wages fall, science spending has held steady. Why? Because successive finance ministers have been persuaded that cutting science, unlike cuts to other forms of public spending, would jeopardize the nation's future economic growth. Notwithstanding the contested... Read More


More Jobs Safer From Automation Than Previously Believed

Wednesday November 1, 2017 comments

More Jobs Safer From Automation Than Previously Believed

We all want to know how many jobs will be threatened by the rise of robots and technology. You might feel vulnerable if your job is one that could be affected. But thanks to a new report , 27% of the 160 million people in the United States labor force can breathe easier knowing their jobs are safer than they thought. That's 43 million living, breathing and working people in America. By extension, that's three million Australians, nine million Brits and 27% of most advanced economy workforces. Their prospects have been re-rated in... Read More


Shortage Of Drivers May Weigh On Earnings Of Truckers

Monday October 16, 2017 comments

Shortage Of Drivers May Weigh On Earnings Of Truckers

Trucking companies are convincing shippers to pay more to move freight, but difficulty finding drivers could weigh on earnings. Analysts expect rising driver payand storm disruptionsto eat into what would otherwise be stronger third-quarterresults for truckload carriers. The freight market has picked up as manufacturing activity expands and retailers restock inventories in advance of the holiday season. For-hire truck tonnage jumped 8.2% in August compared with the same time in 2016, according to seasonally adjusted... Read More


Global Economic News

Monday October 2, 2017 comments

Global Economic News

Unemployment in the worlds biggest developed economies has been falling, at least since the end of the financial crisis. But wages, in the main, have not reacted as might be expected. They have generally either grown only modestly, or even fallen. Take, for example, resurgent Germany. Since 2012, the unemployment rate has tumbled to the lowest level since reunification. Wages and salaries have grown -- but only gradually and at nothing like a rate to imply pressure. It is even clearer in Japan, where unemployment... Read More





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