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Showing posts with label US. Show all posts
Showing posts with label US. Show all posts

Thursday, May 5, 2016

Strip mall in Cornelius, Oregon

Strip mall in Cornelius, Oregon


Neighborhood center

Neighborhood centers are small-scale malls serving the local neighborhood. They typically have a supermarket or a drugstore as an anchor, and are commonly arranged in a strip mall format. Neighborhood centers usually have a retail area of 30,000 to 150,000 square feet (2,800 to 13,900 m2), and serve a primary area in a 3-mile (4.8 km) radius. They are sometimes known as convenience centers.

DescriptionEnglish: Strip mall in Cornelius, Oregon, off TV Hwy.
Date5 May 2009
Sourcehttp://commons.wikimedia.org/
AuthorM.O. Stevens
Camera location.
PermissionPublic Domain
LicensingThis work has been released into the public domain by its author. This applies worldwide.
In some countries this may not be legally possible; if so:
The author grants anyone the right to use this work for any purpose, without any conditions, unless such conditions are required by law.


From
Wikimedia Commons http://commons.wikimedia.org/,
http://en.wikipedia.org/wiki/Shopping_mall#Types

Monday, July 8, 2013

Enter Sandman?

Enter Sandman?

Julia Coronado - Market Economics
US Daily Spotlight | 09 Jul 2013 00:06 |

Markets settled down a little on Monday with Treasuries yields retracing nearly half their Friday spike and equities posting another modest gain closing just under 2% below their peak on May 21, the day before Chairman Bernanke effectively endorsed tapering. With little data to digest investors are looking to a series of bond auctions and a speech from Chairman Bernanke on Wednesday afternoon to set the tone. Bernanke will speak at a conference sponsored by the National Bureau of Economic Research (NBER) titled “The First 100 Years of the Federal Reserve: The Policy Record, Lessons Learned, and Prospects for the Future”. There is no title listed on the conference agenda but Chairman Bernanke closes the conference after four academic papers on political influences on Fed policy, international influences, appropriate design of a central bank, and the Fed’s track record on regulation. The lunch will feature a talk by Paul Volcker moderated by Martin Feldstein. The Federal Reserve Board has confirmed there will be a prepared text for the Chairman’s talk and he will take audience questions.

Wednesday, May 8, 2013

Canadian Cool Down

Canadian Cool Down

Bricklin Dwyer - Market Economics
US Daily Spotlight | 09 May 2013 00:20 |

The housing market in Canada continues to be the most significant risk facing the economy. While the economy is closely tied to both US economic (mostly autos and housing) growth and global commodity prices, the Canadian consumer has been the driving force behind economic growth, making up over 54% of GDP. In spite of the lacklustre 0.7% q/q saar and 0.6% rates of GDP growth in Q3 and Q4 last year, personal consumption expenditures contributed 1.5pp to growth each quarter and kept the economy expanding. Despite this persistent strength in consumption, growth in disposable income and residential investment has slowed substantially – pointing to vulnerability in consumer demand.

Friday, March 22, 2013

SG Commodities Review: US Natural Gas

SG Commodities Review: US Natural Gas

Laurent Key
2013.03.20

■ SG research’s Cal 13 price forecast was revised 20 cents higher vs last quarter at $3.70, due to the bullish withdrawals experienced at the end of the winter.

Tuesday, March 12, 2013

How the US Can Start Exporting Energy: Chevron CEO

How the US Can Start Exporting Energy: Chevron CEO

Published: Tuesday, 12 Mar 2013 | 5:30 PM ET
By: Justin Menza

Chevron will be making major investments to increase its oil and gas production this year, but only a fraction of those investments will be made in the U.S., CEO John Watson told CNBC's "Closing Bell" on Tuesday.

http://www.cnbc.com/id/100547355

Wednesday, February 27, 2013

'Big Box' Outlook (JLL)


'Big Box' Outlook

The ‘Big box’ outlook covers warehouse and distribution facilities of at least 250,000 square feet located around the United States.

View report

Thursday, February 21, 2013

Housing and Core Inflation – It’s Complicated

Housing and Core Inflation – It’s Complicated

Laura Rosner - Market Economics
US Daily Spotlight | 22 Feb 2013 03:15 |

Markets were risk-off on Thursday, as equity markets sold off by more than 0.6% for the second day in a row, while the 10yr Treasury closed the day at 1.98%. Data for the day were unimpressive with jobless claims for the week suggesting only modest improvement in February payroll employment, existing home sales edging marginally higher and the February Philly Fed manufacturing index falling sharply (details of the report were less negative than the headline index implied). Meanwhile, core inflation was slightly stronger than expected in the January CPI report, mainly reflecting a rebound in core goods prices, but also modestly firmer increases in housing costs.

Sunday, February 3, 2013

Is the Trend Our Friend?

Is the Trend Our Friend?

Julia Coronado - Market Economics
US Daily Spotlight | 04 Feb 2013 00:20 |

Last week’s US data provided some big headline surprises, but, on balance, provided some key signals on the state of the US recovery. While Q4 GDP surprised sharply to the downside with a small decline, December construction data on Friday already suggested a small upward revision to a flat reading. Smoothing through the Q3 and Q4 offsetting surprises, the message seems to be the underlying run rate of the economy through 2012 was about 1.5%, somewhat below our prior estimate closer to 2.0%. While January payrolls were close to expectations, benchmark revisions going back to March 2011 suggest a higher trend pace of hiring. Nonfarm payrolls averaged 181k in 2012 and 175k in 2011. This more robust estimate of hiring coupled with a gradual, steady decline in the unemployment rate suggests trend growth in the US may be slower than most current estimates.

Wednesday, January 30, 2013

US: Markets Through the Looking Glass

US: Markets Through the Looking Glass

Julia Coronado - Market Economics
US Daily Spotlight | 31 Jan 2013 01:40 |

Financial markets continued their increasingly bizarre, bullish run Wednesday, with a teensy equity selloff and little change in Treasury yields, despite a surprise negative print on Q4 GDP growth. While a number of volatile drivers of Q4 GDP weakness should be smoothed through, one truly needs to be peering through the looking glass to extract a positive spin from such a negative surprise. The FOMC also looked through the Q4 economic weakness, although the Committee drew the conclusion that not enough has changed in the economic outlook for them to alter their ongoing expansion of monetary policy, and they maintained their USD 85bn pace of securities purchases. It appears that a recent expansion in leverage on the part of hedge funds has contributed to the bull run in markets that has been impervious to weaker-than-expected economic data, and, at some point, markets could become responsive once again to economic data.

Eco Analysis - FOMC stays the course (A. Markowska)

Eco Analysis - FOMC stays the course (A. Markowska)

Summary: The FOMC statement was very much inline with expectations. Asset purchases will continue at $85bn per month until the outlook for the labor market improves substantially, or until the perceived costs start to outweigh the benefits. The FOMC did not offer any new color on when that may be (and none was expected). The Fed's characterization of Q4 GDP numbers was a temporary pause driven by transitory factors. The statement notes some improvement in private sector demand, and sees the current policy stance as consistent with the recovery proceeding at a moderate pace. After the annual rotation of voting members, there was only one dissent vs. the possibility of two, perhaps suggesting a slightly less hawkish bias than expected. We will look to FOMC minutes on February 20th for more color on the timeframe for asset purchases.

Monday, January 14, 2013

US: Open-mouth Operations at Work

US: Open-mouth Operations at Work

Yelena Shulyatyeva and Bricklin Dwyer

Chairman Bernanke stuck very close to the party line during his conversation today at the University of Michigan, and did not alter or deviate from that message. When given the chance to push back on the market's response to the December FOMC minutes, he didn't. Unlike some of the FOMC participants we heard from yesterday, Chairman Bernanke did not provide any guidance on the timing of asset purchases. In our view, he is likely in the camp of FOMC members who “emphasized the need for considerable policy accommodation but did not state a specific time frame or total for purchases.” The Chairman said that QE has been effective in the past and that the latest round looks like it is working, but cautioned that it is too early to make an assessment. He still sees the labour market as weak, the economy as fragile and the cost of letting unemployment persist at current levels enormous. He reiterated two main tools are at the Committee's disposal: forward guidance, otherwise known as “open-mouth operations,” and QE. Going forward, the FOMC will need to consider how effective these policies are and evaluate their costs and benefits.

Wednesday, January 9, 2013

Working for the Man

Working for the Man

Julia Coronado - Market Economics
US Daily Spotlight | 10 Jan 2013 00:15 |

The corporate earnings season got off to a positive start on Wednesday, with Alcoa beating market expectations in Q4 and raising its 2013 outlook. The company cited an improving Chinese economy and its own cost-cutting measures and productivity gains. A number of equity analysts are fairly bullish on the prospects for US corporations, although this is an outlook increasingly tied to the global outlook, with sometimes minimal positive spillovers to, or dependency on, the US economy.

Saturday, December 8, 2012

Eco Analysis - US Employment Report: Surprisingly Good (B. Jones)

Eco Analysis - US Employment Report: Surprisingly Good (B. Jones)

■ Nonfarm job growth eclipsed all projections for a second straight month in November

The Bureau of Labor Statistics (BLS) reported that nonfarm payrolls expanded by 146K in November, following a revised 138K rise in October (was 171K) and 132K increase in September (was 148K). Last month's print exceeded both our (122K) and the median Street (85K) expectations. Indeed, for the second month in a row, the front-month job gain eclipsed all published economist projections.

Sunday, November 18, 2012

Why Can’t We Be Friends?

Why Can’t We Be Friends?

Julia Coronado - Market Economics
US Daily Spotlight | 19 Nov 2012 00:15 |

Last week ended on a hopeful note as Democratic and Republican Congressional leaders met at the White House with President Obama and emerged from their meeting promising they would reach a fiscal compromise “before Christmas”. There is still much political wood to be chopped to reach agreement, and it is certain to be a bumpy road. Nevertheless, we feel reasonably confident that the parameters of a deal are well within sight, and the political incentives on both sides are for a smooth outcome.

Sunday, November 27, 2011

Perspectives on e-commerce: demystifying distribution site selection (JLL)



Perspectives on e-commerce: demystifying distribution site selection

Internet—and now, mobile phone—commerce are growing over twice as fast as store retailing.

View report

Thursday, August 11, 2011

Bloomberg: First-Time Jobless Claims in U.S. Unexpectedly Decrease to Four-Month Low

Related News: Bloomberg, Economy, U.S.
First-Time Jobless Claims in U.S. Unexpectedly Decrease to Four-Month Low
By Bob Willis - Aug 11, 2011 08:19 PM GMT

Claims for U.S. unemployment benefits unexpectedly dropped last week to a four-month low, signaling the job market is being hampered by a lack of hiring rather than more firings.

Wednesday, August 10, 2011

Bloomberg: Cut in Household Spending Points to Recession

Related News: Bloomberg, Canada, Retail, Economy, Currencies, Italy, Municipal Bonds, US
Cut in Household Spending Points to Recession
By Shobhana Chandra and Steve Matthews - Aug 11, 2011 04:01 AM GMT

Recession signals in the world’s largest economy are flashing red again.

Thursday, July 28, 2011

Bloomberg: Existing Home Sales in U.S. Rose 2.4% in June

Related News: Bloomberg, Real Estate, US, Economy
Existing Home Sales in U.S. Rose 2.4% in June
By Bob Willis - Jul 28, 2011 11:28 PM GMT+0900

The number of contracts to purchase previously owned U.S. homes unexpectedly rose in June as buyers tried to take advantage of lower prices and borrowing costs.

Wednesday, July 27, 2011

CNBC: What Happens if the U.S. is downgraded?

What Happens if the U.S. is downgraded?
John Carney, CNBC, 2011-07-27


Implications of a US Downgrade

Tuesday, July 26, 2011

Bloomberg: U.S. June New-Home Sales Fall More Than Estimated to 312,000 Annual Pace

Related News: Bloomberg, US, Real Estate, Economy
U.S. June New-Home Sales Fall More Than Estimated to 312,000 Annual Pace

Sales of new U.S. homes unexpectedly fell for a second month and a gauge of property values also dropped, showing the industry that sparked the recession is stagnating.