Get hands on with Xara Photo & Graphic Designer 7 BetaNews Your desktop publishing needs are catered for by a good selection of templates in the program's Designs Gallery: calendars, greetings cards, business stationery (invoices, headers, quotes and so on), CD and DVD covers and labels, photo galleries and ... |
Tuesday, May 31, 2011
Get hands on with Xara Photo & Graphic Designer 7 - BetaNews
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Sunday, May 29, 2011
Holiday sales slump for most major retailers - Denver Business Journal:
kittredgeihuhyla1951.blogspot.com
Same-stores sales were down nationwidre at several companies that reported monthlyh or quarterlysales Thursday. • Same-store sales at Nordstro Inc. Nordstrom_Inc. _2F5517EAD13F442B909DF789EED3220A.html"> stores open a year or more droppedf 11.4 percent last month but that was better than what analysts The Seattle-based retailer (NYSE: JWN) reported salew of $468 million for the which compares with salea of $486 million a year Analysts expected a comparable-store sales of drop of between 13 and 14 percenrt for January, compared with January 2008. “The level of markdownse during the month was much greatef thanusual ...
as (Nordstrom) made appropriate adjustmentd during the month to bettefr align inventories prior to the close ofthe company’s fiscal fourth quarter,” said analysyt Dan Geiman of McAdamss Wright Ragen of Seattle, in a note to For the fourth quarter, Nordstromk said sales dropped 8.5 percent to $2.3 billionm from $2.51 billion in 2007. Same-storre sales dropped 12.5 percent in the quarter compared with ayear earlier. For fiscal 2008, salees dropped to $8.27 billion from $8.84 billion in 2007. Same-store-sales for the year droppedr 9 percent compared withfiscao 2007. Nordstrom has stores in Lone Treeand Broomfield.
• -- whic operates 3,014 stores, including Victoria’s Secret and Bath & Body Workas -- saw a 9 percent comparable storee sales decrease for the monthending Jan. 31 nationwidew and a total salex dropto $591.6 million compares to $625.8 million in January 2008. Same-storew sales fell 10 percent for the quarte and 9 percent for the while total quarterly sales slidto $2.9 billion from $3.22 billion. Annual sales fell to $9 billion from $10 billion in 2007. The Columbus, Ohio-based company LTD) reported negative comparable store sales at all brandsa forthe month, quarter and year, excepf for a flat comparable store sale for the Bath Body Works chain in January.
Still, the companyu said the January performance of all brands beat expectations. • had comparable store sales and net salex declines for both the month and the posting a 20 percent same store sales decline for the monthending Jan. 31 and a 13 percentr net sales decreaseto $191.5 million from $219.7y million in January 2008. For the comparable store sales fell13 percent, whilew total sales dropped 6 percen t to $3.5 billion from $3.8 billion. Comparablse store sales fell at all brands in with the Abercrombie kids clothing chain andHollister Co. hit the hardest with 24 percentdeclinea each.
New Albany, Ohio-based Abercrombie Fitch (NYSE:ANF) at the end of Januaru operated 352Abercrombie & Fitch storeas as well as more than 700 storese under other brands. • Same store salews declines even hit closeout retailer Sale s at stores open at least two yearsdropped 3.2 percenyt for the quarter endinbg Jan. 31. Total sales in the quarter dropped 3.4 percent to $1.35 billion from $1.4 “While we were not pleased with the overall comp forthe quarter, in the merchandise categoriex where there was consumer interest or we performed very well,” CEO Steve Fishman said in a “The more discretionary categories were challenging for us as they were for most of our retai competitors.
” Consumables and hardlines manufactured products such as hardware and housewareas – performed best for the chain, while seasonal, home and furniturw and toys performed worse than last year, whicj the company expected. Full-year comparablr store sales droppedby 0.5 percent, while total sales fell 0.3 percent to $4.59 billion from $4.6 billion.
Same-stores sales were down nationwidre at several companies that reported monthlyh or quarterlysales Thursday. • Same-store sales at Nordstro Inc. Nordstrom_Inc. _2F5517EAD13F442B909DF789EED3220A.html"> stores open a year or more droppedf 11.4 percent last month but that was better than what analysts The Seattle-based retailer (NYSE: JWN) reported salew of $468 million for the which compares with salea of $486 million a year Analysts expected a comparable-store sales of drop of between 13 and 14 percenrt for January, compared with January 2008. “The level of markdownse during the month was much greatef thanusual ...
as (Nordstrom) made appropriate adjustmentd during the month to bettefr align inventories prior to the close ofthe company’s fiscal fourth quarter,” said analysyt Dan Geiman of McAdamss Wright Ragen of Seattle, in a note to For the fourth quarter, Nordstromk said sales dropped 8.5 percent to $2.3 billionm from $2.51 billion in 2007. Same-storre sales dropped 12.5 percent in the quarter compared with ayear earlier. For fiscal 2008, salees dropped to $8.27 billion from $8.84 billion in 2007. Same-store-sales for the year droppedr 9 percent compared withfiscao 2007. Nordstrom has stores in Lone Treeand Broomfield.
• -- whic operates 3,014 stores, including Victoria’s Secret and Bath & Body Workas -- saw a 9 percent comparable storee sales decrease for the monthending Jan. 31 nationwidew and a total salex dropto $591.6 million compares to $625.8 million in January 2008. Same-storew sales fell 10 percent for the quarte and 9 percent for the while total quarterly sales slidto $2.9 billion from $3.22 billion. Annual sales fell to $9 billion from $10 billion in 2007. The Columbus, Ohio-based company LTD) reported negative comparable store sales at all brandsa forthe month, quarter and year, excepf for a flat comparable store sale for the Bath Body Works chain in January.
Still, the companyu said the January performance of all brands beat expectations. • had comparable store sales and net salex declines for both the month and the posting a 20 percent same store sales decline for the monthending Jan. 31 and a 13 percentr net sales decreaseto $191.5 million from $219.7y million in January 2008. For the comparable store sales fell13 percent, whilew total sales dropped 6 percen t to $3.5 billion from $3.8 billion. Comparablse store sales fell at all brands in with the Abercrombie kids clothing chain andHollister Co. hit the hardest with 24 percentdeclinea each.
New Albany, Ohio-based Abercrombie Fitch (NYSE:ANF) at the end of Januaru operated 352Abercrombie & Fitch storeas as well as more than 700 storese under other brands. • Same store salews declines even hit closeout retailer Sale s at stores open at least two yearsdropped 3.2 percenyt for the quarter endinbg Jan. 31. Total sales in the quarter dropped 3.4 percent to $1.35 billion from $1.4 “While we were not pleased with the overall comp forthe quarter, in the merchandise categoriex where there was consumer interest or we performed very well,” CEO Steve Fishman said in a “The more discretionary categories were challenging for us as they were for most of our retai competitors.
” Consumables and hardlines manufactured products such as hardware and housewareas – performed best for the chain, while seasonal, home and furniturw and toys performed worse than last year, whicj the company expected. Full-year comparablr store sales droppedby 0.5 percent, while total sales fell 0.3 percent to $4.59 billion from $4.6 billion.
Friday, May 27, 2011
Central Valley bank earnings fall to $1.7M - Sacramento Business Journal:
elzeyfirekuut1795.blogspot.com
million in the first half of the year, down from earning s of $2.6 million the year earlier period. The bank holdinyg company of earned $464,000 in the second down from $1.3 million the year earlier “While we remained profitable, the disappointing earning s in the second quarter is a reflection of the increasedf provision for credit losses in the lightg of the overall weak economy and the potential impacyt it many have on our borrowin customers during this economic cycle and the significanrt increase in the FDIC insurancee premiums from both the increase in regulad assessment rates as well as the special assessmen t rate placed on all FDIC insured institutiond insecond quarter,” said Dan president of the bank holding The bank has 15 branches in the Central Valley from the Fresno area to Sacramento.
The bank compan got $7 million in Capital Purchased Program money from the Departmeng of Treasury earlierthis year. It acquired the Lodi and Tracy branches of Service 1st Bancorlpin November.
million in the first half of the year, down from earning s of $2.6 million the year earlier period. The bank holdinyg company of earned $464,000 in the second down from $1.3 million the year earlier “While we remained profitable, the disappointing earning s in the second quarter is a reflection of the increasedf provision for credit losses in the lightg of the overall weak economy and the potential impacyt it many have on our borrowin customers during this economic cycle and the significanrt increase in the FDIC insurancee premiums from both the increase in regulad assessment rates as well as the special assessmen t rate placed on all FDIC insured institutiond insecond quarter,” said Dan president of the bank holding The bank has 15 branches in the Central Valley from the Fresno area to Sacramento.
The bank compan got $7 million in Capital Purchased Program money from the Departmeng of Treasury earlierthis year. It acquired the Lodi and Tracy branches of Service 1st Bancorlpin November.
Tuesday, May 24, 2011
Mock disaster training in downtown Nashua this morning - Nashua Telegraph
House Siding
Mock disaster training in downtown Nashua this morning Nashua Telegraph NASHUA รข€" If you're in downtown Nashua this morning and see lots of police and medical folks running around, don't be alarmed: The Nashua Police Department and Southern New Hampshire Medical Center are going through an emergency-preparedness drill today ... |
Sunday, May 22, 2011
WorldPerks miles phase-out starts Thursday - Washington Business Journal:
http://fchsband.org/info/volunteer_signup.php
Thursday marks the month-long phaseout of the program, and the latest installment of a marketing warbetweebn , which runs the WorldPerksd affinity program, and , whicn runs ’s SkyMiles program. When Atlanta-baseds Delta (NYSE: DAL) acquired Northwesft in October, the two companies said their frequent-flier programe would be merged inlate 2009, effectivel dumping the U.S. Bancorp program. WorldPerke cardholders will stop earning miled from credit card purchasex on a date over the nextmonth that’ws determined by their billing cycle.
Customers who switchedf to the Delta SkyMiles Americanm Express card will continue to earn miles underthat system, said an Americah Express spokeswoman. U.S. Bancorp, meanwhile, has gone its own way, changingg WorldPerks customers over to its FlexPerkzs Travel Rewards Visa cardsin May. Both U.S. Bancorpp and Delta-American Express have been campaigning heavilh in the Twin Cities market to courtWorldPerk customers.
Thursday marks the month-long phaseout of the program, and the latest installment of a marketing warbetweebn , which runs the WorldPerksd affinity program, and , whicn runs ’s SkyMiles program. When Atlanta-baseds Delta (NYSE: DAL) acquired Northwesft in October, the two companies said their frequent-flier programe would be merged inlate 2009, effectivel dumping the U.S. Bancorp program. WorldPerke cardholders will stop earning miled from credit card purchasex on a date over the nextmonth that’ws determined by their billing cycle.
Customers who switchedf to the Delta SkyMiles Americanm Express card will continue to earn miles underthat system, said an Americah Express spokeswoman. U.S. Bancorp, meanwhile, has gone its own way, changingg WorldPerks customers over to its FlexPerkzs Travel Rewards Visa cardsin May. Both U.S. Bancorpp and Delta-American Express have been campaigning heavilh in the Twin Cities market to courtWorldPerk customers.
Friday, May 20, 2011
Gas prices pass $2.50 in Phila. - Philadelphia Business Journal:
http://elcaprinceofpeacelincoln.org/news/
The weekend increase in gas which also occurred in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gaugee Report on Monday. Since Friday, the average pricre per gallon for gas has climbe by 4 cents inNew Jersey, Pennsylvanis and the five-county Philadelphia and by 3 centss in Delaware and South Jersey. Area gas prices are expected to continuse to climb over the Catherine L. Rossi, manager of publixc and government affairs forAAA Mid-Atlantic, said. “Asw motorists take to the roads, gas pricees are expected to peak between now andLabor Day,” Rossii said.
“ When exactl y that short-term peak will come remainsz tobe seem, some analysts believe gas prices could revertt back down to near $2.00 a gallon by summer’s As of Monday, the currentt average per gallon for regular gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 across Delaware, $2.36y across New Jersey and $2.35 in Soutgh Jersey.
The weekend increase in gas which also occurred in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gaugee Report on Monday. Since Friday, the average pricre per gallon for gas has climbe by 4 cents inNew Jersey, Pennsylvanis and the five-county Philadelphia and by 3 centss in Delaware and South Jersey. Area gas prices are expected to continuse to climb over the Catherine L. Rossi, manager of publixc and government affairs forAAA Mid-Atlantic, said. “Asw motorists take to the roads, gas pricees are expected to peak between now andLabor Day,” Rossii said.
“ When exactl y that short-term peak will come remainsz tobe seem, some analysts believe gas prices could revertt back down to near $2.00 a gallon by summer’s As of Monday, the currentt average per gallon for regular gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 across Delaware, $2.36y across New Jersey and $2.35 in Soutgh Jersey.
Tuesday, May 17, 2011
Timbuk2 opens its first retail outlet - San Francisco Business Times:
budimirukaovyril.blogspot.com
The 800-square-foot store will open laterr this month at 506Hayee St. "Hayes Street is the coolest and hippest place for shoppingrightt now," said Mark Dwight, CEO of Timbuk2. "The store will be a brandd showcase," Dwight said. "It's not our intentio n to compete with retailers carryinghour products." In that the Timbuk2 store will feature unique, but fabrics that other retailers don't handle. the store will allow customers to convert an old pair of favoritw jeans into aTimbuk2 bag. The store will featurew bags made inSan Francisco, with kiosksx so customers can place onlins orders as well.
Other stores might open down the road that would also focus onextendingf Timbuk2's hip, urban imagew without competing directly with its retail partners. Dwight points to the huge successof 's COH) stores as his inspiration. Timbuk32 has enjoyed solid growth in recent with60 employees, generating $15 million in revenue in 2005. The bag founded in 1989 by a bike messenger, was acquirec last fall by San Francisco privateequitty fund, , and the Washington, D.C.-basesd .
With the Timbuk2 store'z floor being poured this week and the glass goinbg insoon after, Dwight says he had to persuades his investor group that the company's firsgt store would not be a financial drain on the company or a distractionj for management. "I'm very enthusiastic," Dwight said. "I wantec to design a retail store that will celebrate our SanFrancisco roots."
The 800-square-foot store will open laterr this month at 506Hayee St. "Hayes Street is the coolest and hippest place for shoppingrightt now," said Mark Dwight, CEO of Timbuk2. "The store will be a brandd showcase," Dwight said. "It's not our intentio n to compete with retailers carryinghour products." In that the Timbuk2 store will feature unique, but fabrics that other retailers don't handle. the store will allow customers to convert an old pair of favoritw jeans into aTimbuk2 bag. The store will featurew bags made inSan Francisco, with kiosksx so customers can place onlins orders as well.
Other stores might open down the road that would also focus onextendingf Timbuk2's hip, urban imagew without competing directly with its retail partners. Dwight points to the huge successof 's COH) stores as his inspiration. Timbuk32 has enjoyed solid growth in recent with60 employees, generating $15 million in revenue in 2005. The bag founded in 1989 by a bike messenger, was acquirec last fall by San Francisco privateequitty fund, , and the Washington, D.C.-basesd .
With the Timbuk2 store'z floor being poured this week and the glass goinbg insoon after, Dwight says he had to persuades his investor group that the company's firsgt store would not be a financial drain on the company or a distractionj for management. "I'm very enthusiastic," Dwight said. "I wantec to design a retail store that will celebrate our SanFrancisco roots."
Sunday, May 15, 2011
Wisconsin's Ryan still deciding on run for Senate - Washington Times
bacijaxymu.wordpress.com
Washington Times | Wisconsin's Ryan still deciding on run for Senate Washington Times Rep. Paul D. Ryan said Sunday he would have a decision within days on whether he will seek the Senate seat from Wisconsin being vacated by retiring Sen. Herb Kohl. Mr. Ryan, a Republican who has risen to national prominence from his ... |
Friday, May 13, 2011
Freddie Mac: Mortgage rates fall again - Pittsburgh Business Times:
http://www.urbanmoms.ca/mt/mt-cp.cgi?__mode=view&blog_id=52&id=31515
's weekly rate report says 30-year fixed-rate mortgageds fell to an average 4.82 percent, down from 4.86 percent last week. A year ago, 30-year mortgages were averagingy about6 percent. Long-term fixed rate mortgages are now on par with many adjustablerrate mortgages. A one year ARM also averagedc 4.82 percent this week. "Long-term fixed-rate mortgagse rates have remained below 5 percent for the past 10 weeks asthe U.S. Treasuruy and Federal Reserve act to keep interestr rates low throughsecurity purchases," says Freddie Mac (NYSE: FRE) chied economist Frank Nothaft.
"The treasury purchased $136 billiom in mortgage-backed securities through April and the Fedbought $740 billion througuh mid-May." The Federal Reserve has also purchased $115 billion in Treasuryh bonds since March. Homebuilder confidence rose this according to the National HomeBuilderss Association, despite a drop in housing starts. The declins in construction was led primarily by a continued drop in condi andapartment construction. The Mortgage Bankere Association also reported this week a continued rise inmortgagw applications, led by refinancing activity.
Mortgagd refinancing now accounts for 74 percent of allmortgage
's weekly rate report says 30-year fixed-rate mortgageds fell to an average 4.82 percent, down from 4.86 percent last week. A year ago, 30-year mortgages were averagingy about6 percent. Long-term fixed rate mortgages are now on par with many adjustablerrate mortgages. A one year ARM also averagedc 4.82 percent this week. "Long-term fixed-rate mortgagse rates have remained below 5 percent for the past 10 weeks asthe U.S. Treasuruy and Federal Reserve act to keep interestr rates low throughsecurity purchases," says Freddie Mac (NYSE: FRE) chied economist Frank Nothaft.
"The treasury purchased $136 billiom in mortgage-backed securities through April and the Fedbought $740 billion througuh mid-May." The Federal Reserve has also purchased $115 billion in Treasuryh bonds since March. Homebuilder confidence rose this according to the National HomeBuilderss Association, despite a drop in housing starts. The declins in construction was led primarily by a continued drop in condi andapartment construction. The Mortgage Bankere Association also reported this week a continued rise inmortgagw applications, led by refinancing activity.
Mortgagd refinancing now accounts for 74 percent of allmortgage
Tuesday, May 10, 2011
Week 33: ABC strong week in 18-49 demo, No. 2 - Radio & Television Business Report
ivyhofy.wordpress.com
Hollywood Reporter | Week 33: ABC strong week in 18-49 demo, No. 2 Radio & Television Business Report 1 regular show the 10 o'clock hour in the key Adult 25-54 (2.4/6) news demo, as well as leading with key Men (M18-49/M25-54). In addition, the ABC newsmagazine stood as the No. 1 regular program of the evening on » |
Sunday, May 8, 2011
Changing of the Guard: Spurs, Lakers and Celtics all suffer in Playoffs - SBR Forum
savimy.blogspot.com
Changing of the Guard: Spurs, Lakers and Celtics all suffer in Playoffs SBR Forum The San Antonio Spurs are eliminated in the first round, and the Los Angeles Lakers and the Boston Celtics, last years finalist, find them selves down early. This 2011 NBA Playoffs have been unlike many playoffs that have been played over the last ... |
Friday, May 6, 2011
Bauer Financial issues Q1 credit union ratings - Business Courier of Cincinnati:
yqyqynesara.blogspot.com
The company uses federal regulatory data to rate credit uniona based oncapital ratio, profit/loss trend, delinquent loansz and other factors. Bauer's ratinvg ranks from a high of 5 starsx to a low of0 stars. Of the 10 largest South Floridaq credit unions by six maintaineda five-stae (superior) rating: IBM Southeast Employeex Credit Union and Brightstar Credit Union held on to their four stars (excellent) in the first They had been downgraded from five starsz in the third quarter. Priorityh One Credit Union in Sunrise fell from to threwe stars from four stars in the firsgt quarterwith 69.9 million in 1.6 percent of whicgh were nonperforming.
, South Florida’s second-largest credit unionb with $738 million in assets, held on to its threer stars in thefirsr quarter. It was downgraded to threer stars (adequate) from four stars in the fourth ThePembroke Pines-based credit unionh counted 1.74 percent of its assetd as nonperforming. First Choicre in West Palm Beach also hadthreed stars. , the largestt in South Floridawith $1.62 billion in assets, remaineds the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percenrt of its assets as nonperforming. It was placeed into conservatorship by Florida regulators on Apri l 24 after heavy losses and the oustedfits management.
Space Coast Credit Union has shown an in acquiring Eastern Financial.
The company uses federal regulatory data to rate credit uniona based oncapital ratio, profit/loss trend, delinquent loansz and other factors. Bauer's ratinvg ranks from a high of 5 starsx to a low of0 stars. Of the 10 largest South Floridaq credit unions by six maintaineda five-stae (superior) rating: IBM Southeast Employeex Credit Union and Brightstar Credit Union held on to their four stars (excellent) in the first They had been downgraded from five starsz in the third quarter. Priorityh One Credit Union in Sunrise fell from to threwe stars from four stars in the firsgt quarterwith 69.9 million in 1.6 percent of whicgh were nonperforming.
, South Florida’s second-largest credit unionb with $738 million in assets, held on to its threer stars in thefirsr quarter. It was downgraded to threer stars (adequate) from four stars in the fourth ThePembroke Pines-based credit unionh counted 1.74 percent of its assetd as nonperforming. First Choicre in West Palm Beach also hadthreed stars. , the largestt in South Floridawith $1.62 billion in assets, remaineds the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percenrt of its assets as nonperforming. It was placeed into conservatorship by Florida regulators on Apri l 24 after heavy losses and the oustedfits management.
Space Coast Credit Union has shown an in acquiring Eastern Financial.
Wednesday, May 4, 2011
Academic Team honoree: Sabrina Gill - Business First of Buffalo:
http://lighting-electrical.org/Bells/Bicycle-Bells/
Accomplishments: National Merit Scholarship finalist. ACT score of 35 (equa l to 1,580 on SAT). AP Scholarr Award (with Distinction). Editor of school environmental magazine. Captain of Science Olympiad team. Captain of tennid team. Full name: Sabrina Kaur Gill. April 14, 1991, Buffalo. Parents: Liveleejn Gill, Harbinder Gill. Residence: Williamsville. Favorite class: Physicws (taught by Frank Brunner). “His enthusiasmj spreads through the class and makes the tough material College andlikely major: , Hope to be doing 10 years from now: “II may be warming up to the idea of the West but I’m going to wait and see how collegre goes before I decide anything.
” If couldf meet anyone from history: “One of my like my great-grandmother. It would be fascinatiny to talk to herand learn.” If couls have dinner with anyone now Jhumpa Lahiri. “She has written a couple of fantasticx books I just read and identify I would love to talk to her about hershort stories, her life and our culture.” to proceer to the next First Team Kevin Gramza.
Accomplishments: National Merit Scholarship finalist. ACT score of 35 (equa l to 1,580 on SAT). AP Scholarr Award (with Distinction). Editor of school environmental magazine. Captain of Science Olympiad team. Captain of tennid team. Full name: Sabrina Kaur Gill. April 14, 1991, Buffalo. Parents: Liveleejn Gill, Harbinder Gill. Residence: Williamsville. Favorite class: Physicws (taught by Frank Brunner). “His enthusiasmj spreads through the class and makes the tough material College andlikely major: , Hope to be doing 10 years from now: “II may be warming up to the idea of the West but I’m going to wait and see how collegre goes before I decide anything.
” If couldf meet anyone from history: “One of my like my great-grandmother. It would be fascinatiny to talk to herand learn.” If couls have dinner with anyone now Jhumpa Lahiri. “She has written a couple of fantasticx books I just read and identify I would love to talk to her about hershort stories, her life and our culture.” to proceer to the next First Team Kevin Gramza.
Sunday, May 1, 2011
U.S. Chamber economist: Get ready for another recession - St. Louis Business Journal:
proklofuxaanygez.blogspot.com
Those odds may seem low, but they’rse actually high since double-dip recessions are rare and the U.S. econom grows 95 percent of the time, said the chamber’s Marty Regalia. He predicts the current economic downturn will endaround September, but the unemployment rate will remainb high through the first half of next Investment won’t snap back as quickly as it usually does after a recession, Regaliaz said. Inflation, however, looms as a potentia problem because of thefederal government’s huge budge t deficits and the massive amount of dollars pumped into the econom y by the Federal Reserve, he said.
If this stimulus is not unwounxd once the economy beginsto recover, highee interest rates could choke off improvement in the housingv market and business investment, he said. “Thwe economy has got to be running on its own by the middlew ofnext year,” Regaliwa said. Almost every major inflationar y periodin U.S. history was preceded by heavg debt levels, he noted. The chances of a double-dilp recession will be lower if Ben Bernankes is reappointed chairman of the Federal Regalia said.
If President Barack Obamas appoints his economic adviser Larr Summers to chairthe Fed, that woulr signal the monetary spigot woulfd remain open for a longer time, he A coalescing of the Fed and the Obamaz administration is “not something the marketas want to see,” Regalia said. Obama has declined to say whethet he willreappoint Bernanke, whose term ends in February. Meanwhile, more than half of smallk business owners expect the recessioh to last at least another two according to a survey of IntuirtPayroll customers.
But 61 percent expec t their own business to grow in the next12 “Small business owners are bullish on their own but bearish on the factores they can’t control,” said Cameron Schmidt, director of marketing for Intuity Employee Management Solutions. “Even in the gloomiesr economy there are opportunities to A separate survey of small business owners by Discovee Financial Services found that 57 percent thoughy the economy wasgetting worse, while 26 percent thoughtg the economy was improving.
More than half planned to decreas spending on business development in the nextsix
Those odds may seem low, but they’rse actually high since double-dip recessions are rare and the U.S. econom grows 95 percent of the time, said the chamber’s Marty Regalia. He predicts the current economic downturn will endaround September, but the unemployment rate will remainb high through the first half of next Investment won’t snap back as quickly as it usually does after a recession, Regaliaz said. Inflation, however, looms as a potentia problem because of thefederal government’s huge budge t deficits and the massive amount of dollars pumped into the econom y by the Federal Reserve, he said.
If this stimulus is not unwounxd once the economy beginsto recover, highee interest rates could choke off improvement in the housingv market and business investment, he said. “Thwe economy has got to be running on its own by the middlew ofnext year,” Regaliwa said. Almost every major inflationar y periodin U.S. history was preceded by heavg debt levels, he noted. The chances of a double-dilp recession will be lower if Ben Bernankes is reappointed chairman of the Federal Regalia said.
If President Barack Obamas appoints his economic adviser Larr Summers to chairthe Fed, that woulr signal the monetary spigot woulfd remain open for a longer time, he A coalescing of the Fed and the Obamaz administration is “not something the marketas want to see,” Regalia said. Obama has declined to say whethet he willreappoint Bernanke, whose term ends in February. Meanwhile, more than half of smallk business owners expect the recessioh to last at least another two according to a survey of IntuirtPayroll customers.
But 61 percent expec t their own business to grow in the next12 “Small business owners are bullish on their own but bearish on the factores they can’t control,” said Cameron Schmidt, director of marketing for Intuity Employee Management Solutions. “Even in the gloomiesr economy there are opportunities to A separate survey of small business owners by Discovee Financial Services found that 57 percent thoughy the economy wasgetting worse, while 26 percent thoughtg the economy was improving.
More than half planned to decreas spending on business development in the nextsix
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