Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• S&P / Case-Shiller Home Price Indices
• Mass Layoffs and Unemployment Claims
• Employee Compensation on Par with Inflation, Industry Specific Compensation Varies
• Events of Interest
  • June 26: 2012 LA NABE Robert T. Perry Awards Luncheon
  • July 25: 2012 LAEDC Mid-Year Economic Forecast

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• U.S. Trade Deficit – Substantial Fall in Imports Leads to a Decline in Trade Gap
• California State Finances in March
• March Retail Sales, Inflation, and Consumer Confidence Moving in the Right Direction
• Events of Interest
  • April 18: VITA Global Networking Breakfast
  • April 19: L.A. NABE Monthly Meeting
  • April 27: LABC Sustainability Summit
  • May 16: 2012 LAEDC International Trade Outlook

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• U.S. Labor Market Report
• U.S. Light Vehicle Sales in March
• Consumer Credit Expanded by $8.7 Billion February
• Events of Interest
  • April 11: West Coast Manufacturing Conference
  • April 18: VITA Global Networking Breakfast
  • April 19: L.A. NABE Monthly Meeting
  • April 27: LABC Sustainability Summit
  • May 16: 2012 LAEDC International Trade Outlook

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• California Home Sales and Median Prices in February
• Leading Economic Indicator February Update
• International Economy
• Events of Interest
  • March 28: UCLA Anderson Forecast: March 2012 Economic Outlook
  • April 11: West Coast Manufacturing Conference
  • April 27: LABC Sustainability Summit
  • May 16: 2012 LAEDC International Trade Outlook

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• LAEDC Annual Forecast: Emerging Opportunities and New Challenges in 2012 and Beyond
• GDP Growth Striving to Pick Up Steam
• International Economy – IMF & China
• California Home Sales & Prices in December
• California New Home Construction in December
• A Year-end Assessment of Nonresidential Construction in California
• Leading Economic Indicator Report for January
• Events of Interest
  • February 15: LAEDC Economic Forecast and Industry Outlook
  • February 17: Business Without Borders Presents: 2012 Global Economic Outlook

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• Monthly Local Employment Report
• SoCal Home Sales, Prices Fall From a Year Earlier
• Headline Inflation: Deactivated
• Wholesale Prices Pull Back in December
• Industrial Production Returning to Form in 2011
• December and Year-End San Pedro Bay Port Figures
• Events of Interest
  • January 27: L.A. NABE Monthly Meeting
  • February 15: LAEDC Economic Forecast and Industry Outlook

Weekly Economic Update | LAEDC

• December U.S. Labor Market Report
• U.S. Auto Sales – A Strong Finish for 2011
• November SoCal Hotel Results Show Industry on the Rebound
• Events of Interest
  • January 22-24, 2012: VerdeXchange Market Makers Conference
  • January 27: L.A. NABE Monthly Meeting
  • February 15: LAEDC Economic Forecast and Industry Outlook

Guest Post: It’s Time To Give Up On Mainstream Economics | ZeroHedge

Its task for most of the past 100 years has been to regulate growth — not to manage decline. Much of the commentary you saw prior to 2008, such as Ben Bernanke’s sincere lack of concern about a US housing bubble (“I guess I don’t buy your premise. It’s a pretty unlikely possibility. We’ve never had a decline in house prices on a nationwide basis…”) is, of course, duplicated today as we confront a similar endgame in sovereign debt.

Read Article.

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• Consumer Credit Rose by $7.7 Billion in October
• California’s Budget Position in November
• Events of Interest
• January 22-24, 2012: VerdeXchange Conference – Energy & Infrastructure: The Business of Adapting to Green
• February 15: LAEDC Economic Forecast and Industry Outlook

A Majority of Americans (Including Both OWS and the Tea Party) AGREE on the Most Important Issues … We Just Don’t Realize It | ZeroHedge

I have repeatedly demonstrated that – despite the false divide-and-conquer tactics of the mainstream parties and mainstream media – the overwhelming majority of Americans agree on the most important issues facing our country.

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Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• California’s Budget Position in October
• California Exports on Pace for Best Year Ever
• September California Imports
• Consumer Credit in September
• U.S. Trade Deficit Narrows in September as Exports Reach Record High
• Events of Interest
• November 16, 2011: LA NABE Luncheon Meeting: US Recovery: Can California Take the Lead this Time?
• December 5, 2011: HSBC presents: Business Without Borders: Your Company’s Future in Our Changing Global Economy.

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• October U.S. Labor Market Report
• U.S. Auto Sales Rise Again in October
• Solid September Hotel Results in Southern California
• Global Economic Monitor: The Floods in Thailand
• Events of Interest
• November 10, 2011: 23rd Annual Southern California Visitor Industry Outlook Conference
• November 16, 2011: LA NABE Luncheon Meeting: US Recovery: Can California Take the Lead this Time?

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• Real GDP Growth in 3rd Quarter 2011 Came in +2.5%
• California New Home Construction Up 9.6% Over the Year
• Nonresidential Construction Rises 12.4% in September
• Impact of the Korea-US Free Trade Agreement (KORUS) on the Local Economy
• Events of Interest
• SAVE THE DATE! November 3, 2011: The 16th Annual Eddy Awards®
• November 10, 2011: 23rd Annual Southern California Visitor Industry Outlook Conference
• November 16, 2011: LA NABE Luncheon Meeting: US Recovery: Can California Take the Lead this Time?

Weekly Economic Update | LAEDC

THIS WEEK’S HEADLINES:

• California’s Budget Position in September
• SoCal Home Sales Up a Bit, Prices Down
• California Exports Continue Hot Streak
• August California Imports
• U.S. Trade Deficit Basically Unchanged in August
• U.S. Households Have Deleveraged to Early 2005 Levels
• Recession Not Expected
• Events of Interest
• October 19, 2011: L.A. NABE Monthly Luncheon Meeting: James Goldberg’s Investment Outlook
• SAVE THE DATE! November 3, 2011: The 16th Annual Eddy Awards®
• November 10, 2011: 23rd Annual Southern California Visitor Industry Outlook Conference0000000000000

If and When the Protestors Unite, Watch Out! | ZeroHedge

Charlotte boasts a superstar protest-magnet of its own – Bank of America — that could conceivably attract more activists than the convention attracts delegates.

Read Article.