This document provides an economic overview and analysis of employment trends in the United States and Maryland from 2009 to 2019. It includes charts and data on topics like GDP growth, unemployment rates, job openings, industrial production, and employment levels by industry in different states and metro areas. The data shows steady job growth and declining unemployment rates at both the national and state levels over the past decade since the Great Recession. Maryland added over 15,000 jobs between March 2018 and March 2019, with most gains in the Baltimore, Washington D.C., and Hagerstown metro areas.
Saratoga County Manufacturing Economic Index 4.17.19JenniferKelley47
Takeaways from the Saratoga County Manufacturing Index include:
• Manufacturing is the fourth-largest private-sector employer in Saratoga County, representing 11 percent of total employment.
• The semiconductor industry (2,599 jobs) is the leading manufacturing employer, followed by chemicals (1,278), printing (890), paper (518) and fabricated metals (501)
• Nearly half of manufacturing jobs in Saratoga County – 3,678 – are directly supported by exports
• Statewide, the biggest exported NY products by percentage are miscellaneous manufactured commodities (39), followed by semiconductor (12), primary metals (9) and chemicals (9)
• Statewide, the leading foreign countries that receive exported NY products by percentage are Canada (14), Hong Kong (12), Israel (8), the United Kingdom (7) and Switzerland (7)
U.S. employment rate data and trends: March 2014JLL
The U.S. economy added 192,000 jobs in March, a reversal from three months of slowing growth. Unemployment remained stable at 6.7 percent, but improved confidence increased the number of people looking for work. Total unemployment remains above historic norms at 12.7 percent, but 95 percent of jobs have been recovered since the recession. Positive signs include March growth being evenly distributed across industries and spreading more geographically. We expect continued positive momentum throughout 2014.
See details on the data, including demographic, geographic and industry breakdowns, in this report featuring research from the Bureau of Labor Statistics and JLL.
The GGV Capital Digital Economy Index looks at the IRR of publicly-traded ecommerce companies that are shaping economic performance in consumer industries ranging from ecommerce, fintech, education technology, food technology, wellness and health tech, and more.
Like other prosperous American cities, greater Seattle currently finds itself in the unenviable position of possessing both enormous amounts of wealth and staggering levels of homelessness. These slides accompany the McKinsey & Company report that looks at homelessness in King County, published in January 2020.
Saratoga County Manufacturing Economic Index 4.17.19JenniferKelley47
Takeaways from the Saratoga County Manufacturing Index include:
• Manufacturing is the fourth-largest private-sector employer in Saratoga County, representing 11 percent of total employment.
• The semiconductor industry (2,599 jobs) is the leading manufacturing employer, followed by chemicals (1,278), printing (890), paper (518) and fabricated metals (501)
• Nearly half of manufacturing jobs in Saratoga County – 3,678 – are directly supported by exports
• Statewide, the biggest exported NY products by percentage are miscellaneous manufactured commodities (39), followed by semiconductor (12), primary metals (9) and chemicals (9)
• Statewide, the leading foreign countries that receive exported NY products by percentage are Canada (14), Hong Kong (12), Israel (8), the United Kingdom (7) and Switzerland (7)
U.S. employment rate data and trends: March 2014JLL
The U.S. economy added 192,000 jobs in March, a reversal from three months of slowing growth. Unemployment remained stable at 6.7 percent, but improved confidence increased the number of people looking for work. Total unemployment remains above historic norms at 12.7 percent, but 95 percent of jobs have been recovered since the recession. Positive signs include March growth being evenly distributed across industries and spreading more geographically. We expect continued positive momentum throughout 2014.
See details on the data, including demographic, geographic and industry breakdowns, in this report featuring research from the Bureau of Labor Statistics and JLL.
The GGV Capital Digital Economy Index looks at the IRR of publicly-traded ecommerce companies that are shaping economic performance in consumer industries ranging from ecommerce, fintech, education technology, food technology, wellness and health tech, and more.
Like other prosperous American cities, greater Seattle currently finds itself in the unenviable position of possessing both enormous amounts of wealth and staggering levels of homelessness. These slides accompany the McKinsey & Company report that looks at homelessness in King County, published in January 2020.
Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s EconomyCitrin Cooperman
Learn all about the economic outlook from Sage Policy Group, Inc.'s presentation for Citrin Cooperman's October 17 event, Economic Summit: Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s Economy.
Did you know total nonfarm payroll employment fell by 701,000 in March 2020, measuring the effects of COVID-19 and efforts to contain it? Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking places. Notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction.
The St. Louis labor market continues to be very healthy. Non-farm payrolls in St. Louis rose 3.1 percent year-over-year, the most in 15 years. This led to the unemployment rate to fall below 4.0 percent for the first time since 2000.
2020 Economic Review Final: An Annual Review of New Jersey's EconomyNicoleMSandelier
2020 was a year unlike any other we’ve experienced during our lifetime. The novel coronavirus pandemic caused havoc on New Jersey’s public health and economy. The pandemic caused government-mandated, nonessential business closures and stay-at-home orders that were in effect from mid-March to mid-June 2020 in the Garden State with many businesses continuing to operate at restricted capacity through year end.
➢ This resulted in record high unemployment rates and record contraction in GDP.
➢ Small businesses were devastated and many were forced to shut their doors, either temporarily or permanently.
➢ Early data indicates that the pandemic had a disproportional impact on minority workers and workers of color.
➢ In total, over 1.9 million people filed unemployment claims and received more than $20 billion in unemployment benefits.
➢ Personal income increased despite record high unemployment, due to state unemployment benefits, extended benefits, and federal stimulus monies.
The goal of this research is to provide readers with a detailed review of key statistics on New Jersey’s economic activity, otherwise known as economic indicators. These indicators help to judge the overall health of an economy. Many sources have yet to report 2020 data, including the U.S. Census Bureau. As such, this is a working document that will be modified to include statistics relating to race, gender and households when updated data becomes available.
Payroll growth in St. Louis continued to keep pace with the national average. The unemployment rate moved up slightly as the labor force continued to expand. Find out more in our monthly Employment Update.
Mark Vitner, managing director and senior economist at Wells Fargo, keynoted the 2014 Economic Outlook Briefing, describing trends and the latest economic issues facing the nation and the region.
Based in Charlotte, Vitner writes for the company’s Monthly Economic Outlook report, the Weekly Economic & Financial Commentary, and also provides regular updates on the housing markets, commercial real estate, regional economies, and inflation. Vitner’s commentary has been featured in the New York Times, Wall Street Journal, and Bloomberg, among other publications.
In addition to Vitner’s economic forecast, briefing attendees heard the results of the Chamber’s annual Economic Conditions Survey, an online survey that gauges our community’s thoughts on the current economy based on Chamber member response.
Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s EconomyCitrin Cooperman
Learn all about the economic outlook from Sage Policy Group, Inc.'s presentation for Citrin Cooperman's October 17 event, Economic Summit: Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s Economy.
Did you know total nonfarm payroll employment fell by 701,000 in March 2020, measuring the effects of COVID-19 and efforts to contain it? Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking places. Notable declines also occurred in health care and social assistance, professional and business services, retail trade, and construction.
The St. Louis labor market continues to be very healthy. Non-farm payrolls in St. Louis rose 3.1 percent year-over-year, the most in 15 years. This led to the unemployment rate to fall below 4.0 percent for the first time since 2000.
2020 Economic Review Final: An Annual Review of New Jersey's EconomyNicoleMSandelier
2020 was a year unlike any other we’ve experienced during our lifetime. The novel coronavirus pandemic caused havoc on New Jersey’s public health and economy. The pandemic caused government-mandated, nonessential business closures and stay-at-home orders that were in effect from mid-March to mid-June 2020 in the Garden State with many businesses continuing to operate at restricted capacity through year end.
➢ This resulted in record high unemployment rates and record contraction in GDP.
➢ Small businesses were devastated and many were forced to shut their doors, either temporarily or permanently.
➢ Early data indicates that the pandemic had a disproportional impact on minority workers and workers of color.
➢ In total, over 1.9 million people filed unemployment claims and received more than $20 billion in unemployment benefits.
➢ Personal income increased despite record high unemployment, due to state unemployment benefits, extended benefits, and federal stimulus monies.
The goal of this research is to provide readers with a detailed review of key statistics on New Jersey’s economic activity, otherwise known as economic indicators. These indicators help to judge the overall health of an economy. Many sources have yet to report 2020 data, including the U.S. Census Bureau. As such, this is a working document that will be modified to include statistics relating to race, gender and households when updated data becomes available.
Payroll growth in St. Louis continued to keep pace with the national average. The unemployment rate moved up slightly as the labor force continued to expand. Find out more in our monthly Employment Update.
Mark Vitner, managing director and senior economist at Wells Fargo, keynoted the 2014 Economic Outlook Briefing, describing trends and the latest economic issues facing the nation and the region.
Based in Charlotte, Vitner writes for the company’s Monthly Economic Outlook report, the Weekly Economic & Financial Commentary, and also provides regular updates on the housing markets, commercial real estate, regional economies, and inflation. Vitner’s commentary has been featured in the New York Times, Wall Street Journal, and Bloomberg, among other publications.
In addition to Vitner’s economic forecast, briefing attendees heard the results of the Chamber’s annual Economic Conditions Survey, an online survey that gauges our community’s thoughts on the current economy based on Chamber member response.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
6. 0
1,000
2,000
3,000
4,000
5,000
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Jan. 4, 1985: 1,000
April 18th
790
The Baltic Dry Index (BDI) is a measure of the price of shipping major raw materials
such as metals, grains, and fossil fuels by sea. The BDI is a composite of 3 sub-indices,
each covering a different carrier size: Capesize, Panamax, and Supramax.
Baltic DryIndex
2009through2019
Source:Bloomberg
7. “Inflation is the oneformof taxation
that can beimposed without
legislation.”
–Milton Friedman
13. National Nonfarm Employment
byIndustry Sector,March2018v.March2019
Source:U.S.BureauofLaborStatistics
-3
43
92
101
110
209
225
246
435
534
545
-50 50 150 250 350 450 550
Information
Mining and Logging
Other Services
Financial Activities
Government
Manufacturing
Trade, Transportation, and Utilities
Construction
Leisure and Hospitality
Professional and Business Services
Education and Health Services
Thousands, SA
All told 2,537K jobs gained
15. Baltimore-Columbia-Towson MSA Nonfarm Employment
byIndustrySectorGroups(NSA)
March2018v.March2019AbsoluteChange
Source:U.S.BureauofLaborStatistics
300
500
600
700
900
1,100
1,400
1,900
2,200
8,600
0 2,000 4,000 6,000 8,000 10,000
Information
Leisure and Hospitality
Other Services
Government
Trade, Transportation, and Utilities
Financial Activities
Mining, Logging, and Construction
Manufacturing
Professional and Business Services
Education and Health Services
Baltimore MSA Total:
+18.2K; +1.3%
MD Total (SA):
+15.6K; +0.6%
US Total (SA):
+2,537K; +1.7%
16. -2,300
-1,300
-900
-500
-200
-200
100
500
1,000
2,000
-3,000 -2,000 -1,000 0 1,000 2,000 3,000
Financial Activities
Leisure and Hospitality
Government
Trade, Transportation, and Utilities
Mining, Logging, and Construction
Information
Other Services
Manufacturing
Education and Health Services
Professional and Business Services
Silver Spring-Frederick-Rockville, MD Metro Division Nonfarm Employment
byIndustrySectorGroups(SA)
March2018v.March2019AbsoluteChange
Source: U.S. Bureau of Labor Statistics
SS-F-R MSA Total:
-1.8K; -0.3%
MD Total (SA):
+15.6K; +0.6%
US Total (SA):
+2,537K; +1.7%
17. -1,600
-1,600
-1,200
-1,000
-400
0
200
400
1,800
1,800
-2,000 -1,500 -1,000 -500 0 500 1,000 1,500 2,000
Professional and Business Services
Government
Mining, Logging, and Construction
Trade, Transportation, and Utilities
Information
Manufacturing
Financial Activities
Other Services
Education and Health Services
Leisure and Hospitality
Calvert-Charles-Prince George’s Nonfarm Employment
byIndustrySectorGroups(SA)
March2018v.March2019AbsoluteChange
Source: U.S. Bureau of Labor Statistics
C-Ch-P Total:
-1.6K; -0.4%
MD Total (SA):
+15.6K; +0.6%
US Total (SA):
+2,537K; +1.7%
18. -700
-200
0
0
100
100
300
500
500
800
-1,000 -800 -600 -400 -200 0 200 400 600 800 1,000
Financial Activities
Other Services
Information
Professional and Business Services
Mining, Logging, and Construction
Trade, Transportation, and Utilities
Leisure and Hospitality
Education and Health Services
Government
Manufacturing
Hagerstown-Martinsburg MSA Nonfarm Employment
byIndustrySectorGroups(SA)
March2018v.March2019AbsoluteChange
Source: U.S. Bureau of Labor Statistics
Hagerstown MSA
Total: +1.4K; +1.3%
MD Total (SA):
+15.6K; +0.6%
US Total (SA):
+2,537K; +1.7%
19. RANK STATE % RANK STATE % RANK STATE %
1 NEVADA 3.4 16 SOUTH CAROLINA 1.4 35 MARYLAND 0.6
2 UTAH 3.0 19 INDIANA 1.3 35 MICHIGAN 0.6
3 IDAHO 2.7 20 NEW MEXICO 1.2 37 DISTRICT OF COLUMBIA 0.5
3 WEST VIRGINIA 2.7 21 NEW HAMPSHIRE 1.1 37 MAINE 0.5
5 FLORIDA 2.4 21 NEW JERSEY 1.1 37 OKLAHOMA 0.5
5 WASHINGTON 2.4 21 NEW YORK 1.1 40 CONNECTICUT 0.4
7 ARIZONA 2.3 24 DELAWARE 1.0 40 KANSAS 0.4
8 TEXAS 2.2 25 ALASKA 0.9 40 MISSOURI 0.4
9 SOUTH DAKOTA 2.0 25 ARKANSAS 0.9 43 MINNESOTA 0.3
10 GEORGIA 1.9 25 KENTUCKY 0.9 43 VERMONT 0.3
11 COLORADO 1.7 25 MONTANA 0.9 43 WISCONSIN 0.3
11 OREGON 1.7 25 VIRGINIA 0.9 46 HAWAII 0.2
11 WYOMING 1.7 30 ILLINOIS 0.8 46 IOWA 0.2
14 ALABAMA 1.6 30 MASSACHUSETTS 0.8 46 NORTH DAKOTA 0.2
14 TENNESSEE 1.6 30 PENNSYLVANIA 0.8 49 LOUISIANA 0.0
16 CALIFORNIA 1.4 33 MISSISSIPPI 0.7 49 NEBRASKA 0.0
16 NORTH CAROLINA 1.4 33 OHIO 0.7 51 RHODE ISLAND -0.2
Employment Growth, U.S. States (SA)
March2018v.March2019PercentChange
Source:U.S.BureauofLaborStatistics
U.S.Year-over-yearPercentChange:+1.7%
20. Employment Growth, 25 Largest Metros(NSA)
March2018v.March2019PercentChange
Source:U.S.BureauofLaborStatistics,CurrentEmploymentStatistics(CES)Survey
Rank MSA % Rank MSA %
1 Orlando-Kissimmee-Sanford, FL 3.7 14 Riverside-San Bernardino-Ontario, CA 1.4
2 Dallas-Fort Worth-Arlington, TX 3.0 14 San Diego-Carlsbad, CA 1.4
3 Phoenix-Mesa-Scottsdale, AZ 2.8 16 Baltimore-Columbia-Towson, MD 1.3
4 San Francisco-Oakland-Hayward, CA 2.6 16 New York-Newark-Jersey City, NY-NJ-PA 1.3
4 Seattle-Tacoma-Bellevue, WA 2.6 16
Philadelphia-Camden-Wilmington, PA-NJ-DE-
MD
1.3
6 Charlotte-Concord-Gastonia, NC-SC 2.4 19 Chicago-Naperville-Elgin, IL-IN-WI 0.9
7 Atlanta-Sandy Springs-Roswell, GA 2.2 19 St. Louis, MO-IL 0.9
7 Houston-The Woodlands-Sugar Land, TX 2.2
19
Washington-Arlington-Alexandria,
DC-VA-MD-WV
0.9
7 Tampa-St. Petersburg-Clearwater, FL 2.2
10 Miami-Fort Lauderdale-West Palm Beach, FL 2.1 22 Los Angeles-Long Beach-Anaheim, CA 0.8
10 San Antonio-New Braunfels, TX 2.1 23 Detroit-Warren-Dearborn, MI 0.6
12 Portland-Vancouver-Hillsboro, OR-WA 1.8 24 Boston-Cambridge-Nashua, MA-NH 0.5
13 Denver-Aurora-Lakewood, CO 1.6 25 Minneapolis-St. Paul-Bloomington, MN-WI 0.0
21. Unemployment Rates, 25 Largest Metros(NSA)
February2019
Source:U.S.BureauofLaborStatistics,CurrentEmploymentStatistics(CES)Survey.Note:1.Areaboundariesdo
notreflectofficialOMB definitions.
U.S.UnemploymentRate:3.8%
Rank MSA UR Rank MSA UR
1 Boston-Cambridge-Nashua, MA-NH 2.8 12 Charlotte-Concord-Gastonia, NC-SC 3.8
1 San Francisco-Oakland-Hayward, CA 2.8 12 St. Louis, MO-IL (1) 3.8
3 Orlando-Kissimmee-Sanford, FL 3.2 15 Los Angeles-Long Beach-Anaheim, CA 3.9
4 Denver-Aurora-Lakewood, CO 3.3 16 Detroit-Warren-Dearborn, MI 4.0
4 Miami-Fort Lauderdale-West Palm Beach, FL 3.3 16
Philadelphia-Camden-Wilmington,
PA-NJ-DE-MD
4.0
6 Minneapolis-St. Paul-Bloomington, MN-WI 3.4 18 Baltimore-Columbia-Towson, MD 4.1
6 San Antonio-New Braunfels, TX 3.4 18 Portland-Vancouver-Hillsboro, OR-WA 4.1
6 Tampa-St. Petersburg-Clearwater, FL 3.4 18 Seattle-Tacoma-Bellevue, WA 4.1
9 San Diego-Carlsbad, CA 3.5 21 Houston-The Woodlands-Sugar Land, TX 4.2
9
Washington-Arlington-Alexandria,
DC-VA-MD-WV
3.5
21 Phoenix-Mesa-Scottsdale, AZ 4.2
23 Chicago-Naperville-Elgin, IL-IN-WI 4.3
11 Dallas-Fort Worth-Arlington, TX 3.6 23 New York-Newark-Jersey City, NY-NJ-PA 4.3
12 Atlanta-Sandy Springs-Roswell, GA 3.8 23 Riverside-San Bernardino-Ontario, CA 4.3
25. Source:U.S.BureauofLaborStatistics
Rank Jurisdiction % Rank Jurisdiction %
1 Howard County 3.4 13 Talbot County 4.9
2 Montgomery County 3.5 14 Caroline County 5.0
3 Anne Arundel County 3.8 15 Cecil County 5.3
4 Carroll County 3.9 15 Washington County 5.3
5 Calvert County 4.0 17 Kent County 6.1
6 Frederick County 4.1 18 Baltimore City 6.4
6 Queen Anne's County 4.1 19 Garrett County 6.5
8 Charles County 4.3 20 Dorchester County 6.6
8 Harford County 4.3 21 Allegany County 6.7
10 St. Mary's County 4.4 22 Wicomico County 7.0
11 Prince George's County 4.5 23 Somerset County 8.6
12 Baltimore County 4.6 24 Worcester County 12.1
Maryland Unemployment Rates by County
February2018
26. MarylandJurisdictions:Population Change
April2010–July2018
Source: Maryland Departmentof Planning
Source: Maryland Department of Planning
Maryland:
+4.7%
Jurisdiction % Chg. Jurisdiction % Chg.
Howard 12.6% Washington 2.4%
Charles 10.2% Cecil 1.7%
Frederick 9.5% Carroll 0.8%
Montgomery 8.3% Worcester 0.7%
St. Mary's 7.2% Caroline 0.7%
Anne Arundel 7.1% Dorchester -1.9%
PrinceGeorge's 5.3% Talbot -2.1%
QueenAnne's 5.2% BaltimoreCity -3.0%
Wicomico 4.5% Somerset -3.0%
Harford 3.7% Garrett -3.2%
Calvert 3.7% Kent -4.0%
Baltimore 2.9% Allegany -5.4%
27. Fastest/Slowest Growing MD Municipalities
Population GrowthJuly 2016–July 2017
Source: Maryland Department of Planning; U.S. Census Bureau
TOP 15 BOTTOM 15
RANK CITY/PLACE COUNTY % RANK CITY/PLACE COUNTY %
1 Port Tobacco Village town Charles 7.14% 138 Barton town Allegany -0.69%
2 Aberdeen city Harford 3.27% 139 Hurlock town Dorchester -0.73%
3 Henderson town Caroline 2.84% 140 Galestown town Dorchester -0.74%
4 Denton town Caroline 2.29% 141 Vienna town Dorchester -0.74%
5 Brookeville town Montgomery 2.21% 142 Church Creek town Dorchester -0.81%
6 Keedysville town Washington 1.91% 143 Baltimore city Baltimore City -0.86%
7 Myersville town Frederick 1.79% 144 Queen Anne town Queen Anne's/Talbot -0.93%
8 Frederick city Frederick 1.75% 145 Kitzmiller town Garrett -0.97%
9 Middletown town Frederick 1.74% 146 Chestertown town Kent -1.04%
10 Thurmont town Frederick 1.70% 147 Cumberland city Allegany -1.10%
11 Walkersville town Frederick 1.69% 148 Midland town Allegany -1.17%
12 Woodsboro town Frederick 1.66% 149 Secretary town Dorchester -1.17%
13 Boonsboro town Washington 1.66% 150 Westernport town Allegany -1.17%
14 Queenstown town Queen Anne's 1.65% 151 Galena town Kent -1.19%
15 Rosemont village Frederick 1.63% 152 Lonaconing town Allegany -1.23%
28. Maryland’s Class of 2026 (5th Graders):
English LanguageArts Assessments
Source:MarylandState DepartmentofEducation,MarylandReportCard
17.1%
58.8%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
Baltimore City
Prince George's
Somerset
Dorchester
Wicomico
Garrett
Caroline
Baltimore County
Washington
Cecil
Kent
Charles
Harford
Talbot
Saint Mary's
Anne Arundel
Frederick
Montgomery
Calvert
Allegany
Howard
Carroll
Worcester
Queen Anne's
% Proficient
(Scores of 4 or 5 out of 5)
29. Maryland’s Class of 2026 (5th Graders):
Mathematics Assessments
Source:MarylandState DepartmentofEducation,MarylandReportCard
16.2%
62.8%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
Baltimore City
Somerset
Prince George's
Dorchester
Garrett
Kent
Washington
Charles
Cecil
Baltimore County
Wicomico
Anne Arundel
Talbot
Caroline
Harford
Montgomery
Saint Mary's
Allegany
Worcester
Frederick
Howard
Calvert
Queen Anne's
Carroll
% Proficient
(Scores of 4 or 5 out of 5)
30. Maryland MiddleSchools: %of StudentsAbsentMore Than20 Days
2018
Source:MarylandState DepartmentofEducation,MarylandReportCard
Jurisdiction
Absent
>20 Days
(%)
Jurisdiction
Absent
>20 Days
(%)
Baltimore City 26.2% Washington 11.5%
Dorchester 21.3% Caroline 11.4%
Somerset 21.2% Harford 10.7%
Kent 20.9% Anne Arundel 10.4%
Cecil 19.2% Montgomery 9.8%
Wicomico 18.1% Queen Anne's 9.3%
Baltimore County 16.2% Garrett 9.1%
Allegany 15.0% Charles 8.4%
Worcester 14.4% Carroll 8.1%
Saint Mary's 12.6% Frederick 7.7%
Prince George's 12.3% Howard 6.3%
Talbot 11.5% Calvert <= 5.0%
31. “An economistis an expertwho will
know tomorrowwhy the things he
predictedyesterdaydidn't happen
today.”
–LaurenceJ. Peter
33. University ofMichigan Index of ConsumerSentiment
2005-2019
Source:UniversityofMichigan
50
60
70
80
90
100
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
April 2019 = 97.2
where 1996 = 100
34. NFIBIndex ofSmallBusiness Optimism:Good Timeto Expand
1986-2019
Source:NationalFederationofIndependentBusiness(NFIB)
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Mar. 2019:
23%
% of respondents who think the next 3 months will be a good time to for small business to expand
37. Global Debt Reaches AllTime Highs (IIF)
Sources:1.InstituteofInternationalFinance(IFF),GlobalDebtMonitor.2.BusinessInsider.3.TheTelegraph.4.Reuters.
• According to the International Institute of Finance (IIF), global debt
reached an record high of $248 trillion in 2018Q1;
• At $243.2 trillion as of 2018Q4, global debt—including household,
government, and corporate—now represents 317% of global GDP;
• In 2016 the IMF warned of risks to the global economy:
• “sheer size of debt could set the stage for an unprecedented private
deleveraging process that could thwart the fragile economic recovery”
38. Economists do it with
Models
• Much of the negativity
reflected in forecasts and in
financial market volatility
relates to things people
believe will happen;
• But important parts of the
U.S. economy continue to
perform well – e.g.
consumer, corporate
earnings, construction.
• What’s more, there is significant upside
risk. What if the following happens?
Trade deal with China;
Infrastructure spending plan with
revenue sources identified;
Elimination of tariffs on steel,
aluminum, etc. &
Fed stops tightening.
• Hypothesis - 2019 will be decent year
for economy, but if we don’t check
some of these boxes, watch out for
2020/21!!!!
Global Section: No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. Adam Smith
https://www.epi.org/publication/the-new-gilded-age-income-inequality-in-the-u-s-by-state-metropolitan-area-and-county/
Note: Data are for tax units. Authors' analysis of state-level tax data from Sommeiller (2006) extended to 2015 using state-level data from the Internal Revenue Service SOI Tax Stats (various years), and Piketty and Saez (2012)
Take a monthly average of readings and show monthly instead of daily? (to save space/make it easier for ppt to handle the data)
https://www.bloomberg.com/quote/BDIY:IND
https://www.investing.com/indices/baltic-dry-historical-data
Baltic Dry Index. Source: Lloyd's List. The Baltic Dry Index (BDI) is a measure of the price of shipping major raw materials such as metals, grains, and fossil fuels by sea. It is created by the London Baltic Exchange based on daily assessments from a panel of shipbrokers. The BDI is a composite of 3 sub-indices, each covering a different carrier size: Capesize, Panamax, and Supramax. Capesize carriers are the largest ships with a capacity greater than 150,000 DWT. Panamax refers to the maximum size allowed for ships travelling through the Panama Canal, typically 65,000 - 80,000 DWT. The Supramax Index covers carriers with a capacity of 50,000 - 60,000 DWT.
U.S. Section: Inflation is the one form of taxation that can be imposed without legislation. Milton Friedman
https://www.federalreserve.gov/releases/g17/current/
Industrial Production & Capacity Utilization: https://fred.stlouisfed.org/graph/?g=mZsa
https://fred.stlouisfed.org/series/INDPRO
https://fred.stlouisfed.org/series/TCU
https://www.federalreserve.gov/releases/g17/current/
Industrial Production & Capacity Utilization: https://fred.stlouisfed.org/graph/?g=mZsa
https://fred.stlouisfed.org/series/TCU
https://fred.stlouisfed.org/series/INDPRO
https://www.bls.gov/jlt/
JTS00000000JOL
US Total Nonfarm (SA): CES0000000001
U.S. Unemployment Rate LNS14000000
Series ID are in excel linked to chart
US Total Nonfarm (SA): CES0000000001
Series ID are in excel linked to chart
US Total Nonfarm (SA): CES0000000001
Series ID are in excel linked to chart
US Total Nonfarm (SA): CES0000000001
NOTE: Could we spruce up the table/change the table colors?
US Total Nonfarm (SA): CES0000000001
SMS01000000000000001
SMS02000000000000001
SMS04000000000000001
SMS05000000000000001
SMS06000000000000001
SMS08000000000000001
SMS09000000000000001
SMS10000000000000001
SMS11000000000000001
SMS12000000000000001
SMS13000000000000001
SMS15000000000000001
SMS16000000000000001
SMS17000000000000001
SMS18000000000000001
SMS19000000000000001
SMS20000000000000001
SMS21000000000000001
SMS22000000000000001
SMS23000000000000001
SMS24000000000000001
SMS25000000000000001
SMS26000000000000001
SMS27000000000000001
SMS28000000000000001
SMS29000000000000001
SMS30000000000000001
SMS31000000000000001
SMS32000000000000001
SMS33000000000000001
SMS34000000000000001
SMS35000000000000001
SMS36000000000000001
SMS37000000000000001
SMS38000000000000001
SMS39000000000000001
SMS40000000000000001
SMS41000000000000001
SMS42000000000000001
SMS44000000000000001
SMS45000000000000001
SMS46000000000000001
SMS47000000000000001
SMS48000000000000001
SMS49000000000000001
SMS50000000000000001
SMS51000000000000001
SMS53000000000000001
SMS54000000000000001
SMS55000000000000001
SMS56000000000000001
NOTE: Could we spruce up the table/change the table colors?
NOTE: Could we spruce up the table/change the table colors?
Please make sure all unemployment rates have the same number of decimals (ex. 8.0 rather than just 8)
http://www.bls.gov/lau/
Tables: Unemployment Rates for Large Metropolitan Areas
**WILL BE REVISED NEXT MONTH/USE EXCEL DOWNLOAD TO GET PAST FIGURES?
*MUST START AT AUGUST 2007
https://www.conference-board.org/data/bcicountry.cfm?cid=1
https://www.conference-board.org/ea/TCB_BE_Portfolio.xls
**February 2018: This month’s release incorporates annual benchmark revisions to the composite economic indexes. The benchmark usually takes place in January but was postponed due to the government shutdown. These regular benchmark revisions bring the indexes up-to-date with revisions in the source data. The revisions do not change the cyclical properties of the indexes. The indexes are updated throughout the year, but only for the previous six months. Data revisions that fall outside of the moving six-month window are incorporated when the benchmark revision is made, and the entire histories of the indexes are recomputed. As a result, the revised indexes and their month-over-month changes will no longer be directly comparable to those issued prior to the benchmark revision. For more information, please visit our website at http://www.conference-board.org/data/bci.cfm or contact indicators@conference-board.org.
**August 2007-May 2017 % changes are based on data released when the base was 2010=100. June 2017-Present % changes are based on data released when the base was 2016=100.
NOTE (CHANGE TO BASE YEAR): ”This month’s release incorporates annual benchmark revisions to the composite economic indexes, which bring them up-to-date with revisions in the source data. Also, with this benchmark revision, the base year of the composite indexes was changed to 2016 = 100 from 2010 = 100. These revisions do not change the cyclical properties of the indexes. The indexes are updated throughout the year, but only for the previous six months. Data revisions that fall outside of the moving six-month window are not incorporated until the benchmark revision is made and the entire histories of the indexes are recomputed. As a result, the revised indexes, in levels and month-on-month changes, will not be directly comparable to those issued prior to the benchmark revision. For more information, please visit our website at http://www.conference-board.org/data/bci.cfm or contact us at indicators@conference-board.org.”
http://www.sca.isr.umich.edu/
http://www.nfib-sbet.org/indicators/
https://tradingeconomics.com/united-states/nfib-business-optimism-index
https://www.nfib.com/assets/SBET-Mar-2019.pdf
*Change the month in the URL to the current month