EconWatch.com > August 30, 2008

UK economy in 'worst crisis' in 60 years

All Breaking News[All Breaking News] Britain is suffering fallout from spiralling energy prices and the global credit crunch. House prices are plummeting for the first time in more than a decade, and the fast-rising cost of fuel and staple foods has pushed inflation to more than double the government's two percent target.

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House GOP: Oregon economy vs. Democrats Economy

The Oregon Catalyst[The Oregon Catalyst] Ted Kulongoski quoted in Governor Optimistic About Economy, Sarah Skidmore, The Associated Press, 3/22/2008)

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Posted at 05:03 PM

August 30, 2008

UK economy in 'worst crisis' in 60 years

All Breaking News[All Breaking News] Britain is suffering fallout from spiralling energy prices and the global credit crunch. House prices are plummeting for the first time in more than a decade, and the fast-rising cost of fuel and staple foods has pushed inflation to more than double the government's two percent target.

Read related posts for „UK economy in 'worst crisis' in 60 years“.

Posted at 05:03 PM

House GOP: Oregon economy vs. Democrats Economy

The Oregon Catalyst[The Oregon Catalyst] Ted Kulongoski quoted in Governor Optimistic About Economy, Sarah Skidmore, The Associated Press, 3/22/2008)

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Posted at 05:03 PM

August 29, 2008

Economy May Be Strong, But It Feels Like Recession

CNBC Top News and Analysishttp://www.cnbc.com/id/26438670 [CNBC Top News and Analysis] One of the country's biggest problems””the housing collapse””was evident in the GDP report. Builders cut back at an annual rate of 15.7 percent in the second quarter-- although that was a better showing than early this year and late last year.

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Posted at 02:35 PM

Bad News for Obama: The Economy is Better than Expected

The Cornerhttp://corner.nationalreview.com/post/?q=YTI4MTg3MjY4MDAxMmVjOWQwODlhMjdlYTllZTI0ZTc= [The Corner] To be a political messiah, there must be political and economic tragedy from which to deliver us. Surging financial markets are as bad, for the success of the Democratic nominee, as successful surges elsewhere.

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Posted at 02:34 PM

August 27, 2008

Surveys: Consumers outlook for economy, tech spending rise

CNET News.comhttp://news.cnet.com/8301-1001_3-10026322-92.html?part=rss&subj=news [CNET News.com] "While still depressed on a year-over-year basis, consumers are showing some signs of confidence as the summer closes," the report said. Although mean expectations that the economy will be better off in the next 12 months than it is today increased only marginally from last month, there was more confidence related to the job market and personal financial health.

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Posted at 07:06 PM

Credit markets weighing down economy

Marketplacehttp://feeds.publicradio.org/~r/APM_Marketplace/~3/375622978/ [Marketplace] Some economic experts are whispering that the economy may be bouncing back. Key indicators released today might bolster their opinions.

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Posted at 07:03 PM

August 26, 2008

Poll Shows Eroding Confidence In US Economy

Boom2Bust.comhttp://www.boom2bust.com/2008/08/25/poll-shows-eroding-confidence-in-us-economy/ [Boom2Bust.com] 6-8, 2007 found that 17% rated economic conditions as “very poor,” while 26% rated it “somewhat poor.” Furthermore, 45% rated the economy as “somewhat good,” while 11% said it was “very good.”

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Posted at 07:04 PM

Thatcher’s Economy

Chicago Boyzhttp://chicagoboyz.net/archives/6099.html [Chicago Boyz] In general, Thatcher’s British economy, like Reagan’s revived U.S. economy, was characterized by change, profitability, growth, the better allocation of resources (including labor), and the emergence of new industries””indeed of an entirely new economy””based on the information revolution.

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Posted at 07:03 PM

August 23, 2008

Weak Economy Hurting Rental Real Estate

Bubble Meterhttp://bubblemeter.blogspot.com/2008/08/weak-economy-hurting-rental-real-estate.html [Bubble Meter] Now, according to The Wall Street Journal, the weak economy is hurting the rental market. For the past year, apartment buildings have been one of the few bright spots in the real-estate industry as people forced out of the home-buying .

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Posted at 05:06 PM

UK economy stagnates in Q2 on housing market slowdown

bloggingstocks[bloggingstocks] Bad news from the United Kingdom. Originally thought to be slightly less vulnerable to the housing sector's downtown than the U.S., from a GDP spin-off activity standpoint, the U.K.

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Posted at 05:02 PM

August 22, 2008

Britain's economy stops growing in second quarter

AFP - Wire storieshttp://www.afp.com/english/news/stories/newsmlmmd.57125db79fdee1ccb900f12e6183738c.71.html [AFP - Wire stories] LONDON (AFP) - Britain's economy saw zero growth in the second quarter compared with the first three months of 2008, official data showed Friday, leaving the country on the brink of recession, analysts said.

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Posted at 02:34 PM

Bad economy kills DigitalLife Expo

CNET News.com - Mediahttp://news.cnet.com/8301-13577_3-10022229-36.html?part=rss&subj=news [CNET News.com - Media] The annual tech trade show, typically held each fall in New York, has been "postponed" until 2009, according to organizer Ziff Davis.

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Posted at 02:33 PM

August 20, 2008

Dueling Over The Economy

The Daily Dish | By Andrew Sullivanhttp://andrewsullivan.theatlantic.com/the_daily_dish/2008/08/dueling-over-th.html [The Daily Dish | By Andrew Sullivan] Is this a calculated attempt to make media bias an issue for the Obama campaign alone, while it is a matter of record that very very few politicians have cultivated the press as assiduously as McCain? Or is it just the senator blowing a fuse because someone accused him of cheating when he didn't (but could have)?

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Posted at 07:04 PM

The Economy

The Daily Dish | By Andrew Sullivanhttp://andrewsullivan.theatlantic.com/the_daily_dish/2008/08/the-economy.html [The Daily Dish | By Andrew Sullivan] I'm getting a new mortgage so I've had a tiny glimpse into the new credit environment. The hurdles today are immensely greater than I recall in the past (which is undoubtedly a criticism of the past more than the present).

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Posted at 07:03 PM

August 19, 2008

Economy Candy

reveries.com :: marketing insights + ideashttp://www.reveries.com/?p=1796 [reveries.com :: marketing insights + ideas] Economy Candy, on New York’s Lower East Side, is not a huge store, but it creates huge impression. (more)

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Posted at 07:04 PM

The Outrageous US War Economy

LewRockwell.com Blog[LewRockwell.com Blog] "I can’t believe this article just appeared in the MSM." Yes, America's economy is a war economy. Not a "manufacturing" economy.

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Posted at 07:02 PM

August 16, 2008

Implications of the Slowing Global Economy

Mish's Global Economic Trend Analysishttp://globaleconomicanalysis.blogspot.com/2008/08/implications-of-slowing-global-economy.html [Mish's Global Economic Trend Analysis] The fundamental change is now, in my opinion, perfectly obvious: The economies in Germany, France, Spain, Italy, Australia, New Zealand, Japan, and the U.K. are all crumbling much faster than anyone expected.

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Posted at 05:03 PM

Obama's tough contrast on economy

Politico Top Storieshttp://www.politico.com/blogs/jonathanmartin/0808/Obama_pops_up_tough_new_contrast_on_economy.html [Politico Top Stories] Obama still do not understand that the primaries are over.The only way to get elected is to have a clear plan and contrast,and answer some questions raised about his family,past,and religion.I personaly need to know for who and why am'I voting for." First off, come on guy, I understand that you may be very little informed, so the only thing you have heard about is tire inflation. But Barack has put together all of his proposals in in-DEPTH detail.

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Posted at 05:03 PM

August 15, 2008

As Expected, Global Economy Heading Into Tank

ClusterStock[ClusterStock] One reason we've been bearish about the US economy and stock market is that we've never bought the "decoupling" theory. And, slowly but surely, the global economic superpowers appear to be falling in line behind the United States:

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Posted at 02:34 PM

Y Combinator's August 2008 Demo Day in Cambridge

Innovation Economy[Innovation Economy] Many of the start-ups were focused on radically simplifying the sign-up process to use a new Web service, or set up a new blog or Web page. I found myself wondering, "When will a YC start-up figure out how to enable me to join a new service before I've even heard of it?" Maybe in the Spring 09 crop...

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Posted at 02:33 PM

August 13, 2008

Adwatch: Obama Links Iraq and Economy in Hit on McCain

MyDDhttp://www.mydd.com/story/2008/8/13/134922/526 [MyDD] Is this in contrast to McCain on the economy? If so, I'm failing to see the connection, outside of "better schools" being something that Obama is in favor of and something that theoretically polls well.

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Posted at 07:04 PM

Japan's Economy Shrinks, Adds to Recession Fears

CNBC Top News and Analysishttp://www.cnbc.com/id/26165483 [CNBC Top News and Analysis] Caught between gloom and rises in food and daily goods in an economy where deflation was common for most of the past decade, the Bank of Japan has been expected to keep the key policy rate at an already low 0.5 percent for a while, and the GDP figures did not change that view.

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Posted at 07:02 PM

August 12, 2008

The 7 Most Fuel Efficient Used Cars Under $10000 [Fuel Economy]

Consumeristhttp://consumerist.com/5035736/the-7-most-fuel-efficient-used-cars-under-10000 [Consumerist] You're sick of your SUV and thinking of getting a car that's new to you, but which ones get the best gas mileage for the price? Consumer Reports has the answer —

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Posted at 07:04 PM

Fed's Stern: Inflation to Slow, Economy Still Weak

CNBC Top News and Analysishttp://www.cnbc.com/id/26157124 [CNBC Top News and Analysis] Minneapolis Federal Reserve Bank President Gary Stern told CNBC that the decline in energy prices has slowed the inflation outlook, allowing the Fed "to be patient" on whether to boost interest rates.

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Posted at 07:03 PM

August 09, 2008

Economy does not concern network marketers

Digg / upcominghttp://digg.com/business_finance/Economy_does_not_concern_network_marketers [Digg / upcoming] As network marketers and business owners, economy does not concern you. If you made a thorough research on your market and customers, you stand to win against all odds.

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Posted at 05:02 PM

ABC News: Economy Creates 'Upper-Class Homeless'

Digg / upcominghttp://digg.com/politics/ABC_News_Economy_Creates_Upper_Class_Homeless [Digg / upcoming] Craig Miller left Florida this year with $3,000, a borrowed RV and a dream of helping people find meaning in their lives. His savings may have struck some as a considerable sum.

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Posted at 05:02 PM

August 08, 2008

Avoiding Layoffs in a Down Economy

effortlesshr Bloghttp://www.effortlesshr.com/blog/employee-issues/avoiding-layoffs-economy/ [effortlesshr Blog] Everyone is feeling the pain of the poor economy, particularly small businesses. Keeping your valued employees is especially critical at this time.

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Posted at 02:35 PM

Jobless claims spurt to six-year high -- economy doing worse than ...

bloggingstocks[bloggingstocks] When combined with this morning's disappointing July retail sales results, the economy appears to be doing worse than experts expected. AP reports that many companies announced layoffs recently.

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Posted at 02:34 PM

August 06, 2008

The Social Web Economy: Introduction

The Social Times[The Social Times] As my life has become increasingly reliant on the good health of the “social web economy”, I’ve thought more and more about how the money is flowing. When the Facebook platform launched, many suggested that it was simply venture capitalists paying money to other venture capitalists as a large application install economy ensued.

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Posted at 07:06 PM

Poll: Economy remains issue number one

CNN Political Tickerhttp://rss.cnn.com/~r/rss/cnn_politicalticker/~3/357534380/ [CNN Political Ticker] The economy is a bigger concern than the war in Iraq in the latest CNN poll. (CNN) - The economy is still issue number one for Americans this election cycle ”” significantly outweighing the war in Iraq, immigration and health-care reform .

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Posted at 07:05 PM

August 05, 2008

Global Economy Shrinks for Second Month: JPMorgan

DailyFX Forum[DailyFX Forum] The global economy contracted for the second month in a row in July as output declined in both manufacturing and services companies hit by slower demand and high energy costs, a survey suggested on Tuesday. --- Read More .

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Posted at 07:04 PM

Internet Ad Spend To Pass Broadcast By 2011, Despite Slowing ...

paidContent.org - Channel -http://www.paidcontent.org/entry/419-internet-ad-spend-to-pass-broadcast-by-2011-despite-slowing-economy-vss/#When:15:12:06Z [paidContent.org - Channel -] The economy remains in the doldrums and by all accounts online ad growth continues to slow. But total communications spending is projected to rise 5.4 percent to $923.91 billion in 2008, thanks to strong gains in the institutional and alternative media sectors offsetting the declining traditional ad industry, according Veronis Suhler Stevenson and PQ Media.

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Posted at 07:02 PM

August 02, 2008

US economy lost 51000 jobs in July

Propeller Most Popular Stories[Propeller Most Popular Stories] WASHINGTON - The nation’s unemployment rate climbed to a four-year high of 5.7 percent in July as employers cut 51000 jobs, dashing the .

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Posted at 05:06 PM

Web hosting in a slowing economy

Digg / upcominghttp://digg.com/tech_news/Web_hosting_in_a_slowing_economy [Digg / upcoming] In each issue we will ask a group of experts questions about the web hosting industry, business and the internet in general. The topic for this first roundtable feature is trends: what should we expect of the hosting industry in 2008.

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Posted at 05:05 PM