Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• First Quarter GDP: Moderate Growth
• California Housing Market: Inventory Dips Below 3-Month Supply
• Global Economy
• Events of Interest
  • May 15, 2013: LAEDC International Trade Outlook

Weekly Economic Update | LAEDC

THIS WEEk:

California’s Budget Position in March

HEADLINES:

• Retail Sales Weaken in March
• Wholesale Prices Retreat by 0.6% in March
• Events of Interest
  • April 23, 2013: Economic Outlook for the San Gabriel Valley
  • May 15, 2013: LAEDC International Trade Outlook

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• Fourth Quarter 2012 GDP Revision
• Personal Income Slumps in January
• December S&P/Case-Shiller Home Price Indices
• U.S. Light Vehicle Sales in January
• Events of Interest
  • March 13, 2013: UCLA Anderson Forecast Presents – Quarterly Forecast Conference

Weekly Financial Update | LAEDC

THIS WEEK’S HEADLINES:

• Fourth Quarter GDP: Not as Bad as it Sounds
• Job Growth in January: The Story Was in the Revisions
• Personal Income Soars in December
• November S&P/Case-Shiller Home Price Indices
• Events of Interest
  • February 20, 2013: 2013-2014 LAEDC Economic Forecast and Industry Outlook

Deal Volumes Slow Q3 2012 | Cooley LLP

Other deal trends continued to point to investor caution and negotiating leverage. The percentage of deals with participating preferred provisions  increased from the prior quarter across all deal stages. The data also saw an increase in the utilization of pay-to-play provisions in Q3. In another signal of investor caution, we witnessed the percentage of tranched transactions reaching 20.5% of deals in the quarter, a marked increase from the prior quarter.

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Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• The State of California’s Finances in October
• Households Pay Down Credit Card Balances
• Demand for Mortgage Loans Rising
• Events of Interest
  • November 16, 2012: Hollywood Chamber Entertainment Conference 2012
  • November 29, 2012: A View from the Top: Is the Streetcar LA’s Desire?

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• Third Quarter GDP: A Mixed Bag
• Personal Income and Spending Rise in September
• September Port Figures – Exports Continue to Deteriorate
• Events of Interest
  • November 8, 2012: LAEDC 17th Annual Eddy Awards

‘Flaming Carrot’ creator Bob Burden turns to crowd-funding | USATODAY.com

Created by Burden in 1979, the Flaming Carrot has no secret identity, no superpowers, and is not particularly intelligent. After reading 5,000 comic books in a single sitting to win a bet, a man was driven quite mad and was permanently transformed into the orange superhero.

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Crowdfunding: What’s All The Noise About? | Lydia Mehit

Crowdfunding is the latest buzz to hit the entrepreneur community, but no one really knows how it is going to work.  What we do know is that it will allow people like you and me (non-accredited) investors to use our money to help small businesses to start or grow. The problem is that the funding entrepreneurs need to prove, start and grow their ideas into companies has been at a premium since 2008.  The question now is whether the excitement will translate into a meaningful solution.

The turn of the century already saw a slow down from the tech investing of the 90’s, but when the recession hit, bank funding ground almost to a stop.  Where could the entrepreneur go to seek funding for their idea or startup?

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• California Home Sales and Median Prices in July
• Weak July Port Figures Reflect Deteriorating Global Economy
• Youth Employment Summer 2012
• Events of Interest
  • September 25: The Federal Budget Deficit, the Fiscal Cliff and the Southern California Economy
  • September 30: October 6, 2012: Canada Trade and Investment Mission
  • October 29, 2012: Southern California Visitor Outlook Conference: Stepping on Uneven Ground
  • October 30, 2012: X Marks the Spot: Discovering the Treasure in Today’s Real Estate Market
  • November 8, 2012: LAEDC 17th Annual Eddy Awards

Weekly Economic Report | LAEDC

THIS WEEK’S HEADLINES:

• June U.S. Trade Deficit Narrows – Some Unexpected Good News for the Economy
• Credit Markets Continue Slow Thaw
• Consumers Continue to Chip Away at Credit Card Debt
• Productivity Report Suggests No New Hires on the Horizon
• Events of Interest
  • September 30: October 6, 2012: Canada Trade and Investment Mission
  • October 29, 2012: Southern California Visitor Outlook Conference: Stepping on Uneven Ground
  • October 30, 2012: X Marks the Spot: Discovering the Treasure in Today’s Real Estate Market
  • November 8, 2012: LAEDC 17th Annual Eddy Awards

Weekly Economic Report | LAEDC

THIS WEEK’S HEADLINES:

• California’s 2011-2012 Fiscal Year Closes
• Consumers Credit Card Debit – Largest Jump since 2007
• Events of Interest
  • July 25: 2012 LAEDC Mid-Year Economic Forecast
  • July 28: 8th Annual Access to Capital Business Expo

Idle corporate cash piles up | David Cay Johnston

IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs, funding dividends or even paying a stiff federal penalty tax for hoarding corporate cash.

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Do the ‘Job Creators’ really need more cash? – Ed.

Weekly Economic Report | LAEDC

THIS WEEK’S HEADLINES:

• U.S. June Labor Market Report
• U.S. Light Vehicle Sales in June
• May Hotel Figures Show Los Angeles is Busy
• Events of Interest
  • July 25: 2012 LAEDC Mid-Year Economic Forecast
  • July 28: 8th Annual Access to Capital Business Expo

Shorter Flights at Lower Heights: The Right Way To Angel Invest | OnStartups.com

A more effective model for Angel investing is long overdue. If Angels want to win — they want to lower their risk, create better returns, and help entrepreneurs more they’ll do the following: fly lower heights (avoid trying to fund the next 5 Facebooks) and take shorter flights (avoid riding each investment out all the way to the end).

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