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Preview: PR Newswire: Economic news/analysis

PR Newswire: Economic News, Trends, Analysis

Press Releases from PR Newswire about Economic News, Trends, Analysis

Published: Tue, 24 Jan 2017 12:10:19 EST

Last Build Date: Tue, 24 Jan 2017 12:00:00 EST


ATA Truck Tonnage Index Fell 6.2% in December

Tue, 24 Jan 2017 12:00:00 EST

(image) ARLINGTON, Va., Jan. 24, 2017 /PRNewswire-USNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 6.2% in December, following a revised 8.4% jump during November. (November's index was revised up slightly from our press release on...

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Fla.'s Housing Market: Median Prices Rise in Dec. 2016

Tue, 24 Jan 2017 11:05:00 EST

(image) ORLANDO, Fla., Jan. 24, 2017 /PRNewswire/ -- Florida's housing market reported higher median prices and fewer all-cash sales in December, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 22,332 last month, up 0.8 percent...

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The Conference Board Leading Economic Index® (LEI) for Australia Increased

Tue, 24 Jan 2017 10:30:00 EST

(image) NEW YORK, Jan. 24, 2017 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for Australia increased 0.5 percent in November 2016 to 105.3 (2010=100). The Conference Board Coincident Economic Index® (CEI) for Australia increased 0.3 percent in November 2016 to 110.7...

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Strong Sales, Price Gains In December In Greater Boston Housing Market

Tue, 24 Jan 2017 10:08:00 EST

(image) BOSTON, Jan. 24, 2017 /PRNewswire/ -- The Greater Boston housing market started the winter months with strong sales and new record high prices throughout December 2016 according to data from the Greater Boston Association of REALTORS® (GBAR). Sales of single-family detached homes...

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Existing-Home Sales Slide in December; 2016 Sales Best Since 2006

Tue, 24 Jan 2017 10:00:00 EST

(image) WASHINGTON, Jan. 24, 2017 /PRNewswire/ -- Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors®....

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Chemical Activity Barometer Starts New Year With Strong Gain

Tue, 24 Jan 2017 09:07:00 EST

(image) WASHINGTON, Jan. 24, 2017 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), started the year on a strong note, posting a monthly gain of 0.4 percent in January. This follows a 0.3 percent gain in December,...

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COFINA Senior Bondholders Pursue Voluntary Restructuring Agreement and Work to Address Puerto Rico's Economic Crisis

Tue, 24 Jan 2017 09:00:00 EST

NEW YORK, Jan. 24, 2017 /PRNewswire/ -- The senior lien creditors of the Puerto Rico Sales Tax Financing Corporation (COFINA) issued the following statement today regarding their pledge to work with the Government of Puerto Rico and all stakeholders to help address the island's economic...

70% of Manufacturing Executives State Near-Sourcing Will Increase According to LMA Consulting Group Research

Tue, 24 Jan 2017 08:45:00 EST

(image) CLAREMONT, Calif., Jan. 24, 2017 /PRNewswire/ -- Lisa Anderson MBA, CSCP, president of LMA Consulting Group, conducted a proprietary research study to better understand outsourcing, near-sourcing and insourcing trends for U. S. – based manufacturers. Pending further analysis, Anderson...

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Wholesale Data Centers are naturally migrating to Canada: A potential US$14.0 billion industry with stable recurring cash flows and solid growth rates is expanding North

Tue, 24 Jan 2017 05:30:00 EST

"Northern is targeting a CA$160 million (US$120 million) equity roll-up into the attractive Canadian Market due to low energy costs, stable political environment and robust data security and privacy laws along cool weather" MONTREAL, Jan. 24, 2017 /PRNewswire/ - Northern Investment...

Vehicle Financing Market: New Business Strategies Steer Rapid Growth Opportunities

Tue, 24 Jan 2017 05:02:00 EST

(image) LONDON, Jan. 24, 2017 /PRNewswire/ -- Technology and process innovations are impacting the entire car finance industry. Companies and original equipment manufacturers (OEMs) are adopting new business and funding models to reduce operational costs, improve customer experience and drive...

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SS&C GlobeOp Forward Redemption Indicator: January notifications 2.60%

Tue, 24 Jan 2017 04:00:00 EST

(image) WINDSOR, Conn., Jan. 24, 2017 /PRNewswire/ -- The SS&C GlobeOp Forward Redemption Indicator for January 2017 measured 2.60%, down from 5.67% in December. "SS&C GlobeOp's Forward Redemption Indicator for January 2017 was 2.60%, up from 2.31% reported a year ago for January...

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MCB Islamic Bank Expands Access To Financial Services With Biometric-Enabled Systems And Software From Diebold Nixdorf

Tue, 24 Jan 2017 03:00:00 EST

(image) KARACHI, Pakistan, Jan. 24, 2017 /PRNewswire/ -- According to a World Bank report, more than 50 percent of people in Pakistan remain unbanked—lacking access to critical financial services.1 MCB Islamic Bank Limited, a new bank in Pakistan, is expanding access to financial services...

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U.S. Census Bureau Facts for Features: Valentine's Day 2017: Feb. 14

Mon, 23 Jan 2017 14:14:00 EST

(image) WASHINGTON, Jan. 23, 2017 /PRNewswire-USNewswire/ -- Expressing one's affection to another is a celebrated custom on Valentine's Day. Sweethearts and family members present gifts to one another, such as cards, candy, flowers and other symbols of affection. Opinions differ as to who was...

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Brattle Report Highlights The Economic Impact Of The Offshore Affiliate Reinsurance Tax

Mon, 23 Jan 2017 12:29:00 EST

(image) CAMBRIDGE, Mass., Jan. 23, 2017 /PRNewswire/ -- A report co-authored by economists at global consulting firm The Brattle Group finds that newly-proposed tax legislation aiming to defer the recognition of affiliated offshore reinsurance for U.S. tax purposes will negatively impact...

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U-Haul 2016 Growth State No. 10: ARKANSAS

Mon, 23 Jan 2017 11:53:00 EST

(image) PHOENIX and LITTLE ROCK, Ark., Jan. 23, 2017 /PRNewswire/ -- Arkansas is the No. 10 U.S. Growth State for 2016, according to the latest U-Haul migration trends report. Arkansas maintained its top-10 status by essentially duplicating its one-way U-Haul truck arrival and departure...

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IoT Managed Security Services to See Significant Financial Impact from Industrial Applications

Mon, 23 Jan 2017 10:56:00 EST

(image) LONDON, Jan. 23, 2017 /PRNewswire/ -- Industrial applications are set to be the core focus for IoT Managed Security Service Providers (MSSPs) with ABI Research forecasting overall market revenues to increase fivefold and top $11 billion in 2021. Though OEM and aftermarket telematics,...

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Pennsylvania Liquor Control Board Achieves Multiple Sales Records in Late 2016

Mon, 23 Jan 2017 10:18:00 EST

(image) HARRISBURG, Pa., Jan. 23, 2017 /PRNewswire-USNewswire/ -- The Pennsylvania Liquor Control Board (PLCB) set new sales records in the last several weeks of 2016, achieving the highest one-day sales, highest single-month sales, and highest sales through the first half of a fiscal year in...

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Michigan Makes Top 25 States in Fifth Annual Study on Economic Competitiveness

Mon, 23 Jan 2017 09:00:00 EST

MIDLAND, Mich., Jan. 23, 2017 /PRNewswire/ -- The Michigan Chamber of Commerce and research partner Northwood University in Midland, Michigan, released the results of the 2016 Economic Competiveness Study. In the most recent study, Michigan has climbed from number 29 in 2015 to number 25...

New Study Finds Slow Economic Growth Not "The New Normal" For U.S.

Mon, 23 Jan 2017 08:40:00 EST

(image) SAN FRANCISCO, Jan. 23, 2017 /PRNewswire/ -- Countering the narrative that slow economic growth is "the new normal" for America's economy, the Pacific Research Institute today released the first in a series of reports from its new study, Beyond the New Normal, which makes the case that...

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Airline Industry Brief Examines the "Three-P" Approach to Sector Growth in 2017: Passengers, Payments and Profitability

Mon, 23 Jan 2017 07:00:00 EST

(image) MIAMI, Jan. 23, 2017 /PRNewswire/ -- With over 60% of global travelers identifying the smartphone as their "most indispensable" travel item, a new airline industry brief from CellPoint Mobile explains why carriers should embrace the "Three Ps" – Passengers, Payments and Profitability – as...

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