The document summarizes recent economic indicators from Europe, the US, and Japan in March 2013. In Europe, GDP growth forecasts were lowered slightly but industrial confidence and consumer confidence improved. Unemployment continued to rise in the Eurozone. In the US, GDP growth forecasts were also lowered and consumption slowed due to tax increases. In Japan, GDP growth forecasts remained stable and the economy appears to have stabilized.
The document provides an overview of recent economic indicators from Europe, the US, and Japan in February 2013. It summarizes that the consensus GDP forecast for the Eurozone remained at 0.1% for 2013 and 1.2% for 2014. While the EU industrial confidence decreased slightly, consumer confidence improved considerably. The GDP forecast for the US decreased to 1.9% for 2013, and the forecast for Japan improved significantly to 1.2% for 2013 and 2014.
The document provides an economic outlook for April 2013. It notes that the consensus GDP forecast for the euro area remained unchanged, while consumer confidence was stable and the IFO index for Germany edged down slightly. The US GDP forecast improved, and early indicators suggest firm housing starts. The Japanese GDP growth forecast also improved on expectations of aggressive monetary policy. Overall, the outlook suggests ongoing challenges for Europe with modest improvements expected in the US and Japan.
Economic indicators December 2012 - part 1SappiHouston
The document summarizes recent economic indicators from Europe, the US, Japan, and Germany. It reports that the GDP growth forecast for Europe in 2013 decreased slightly to 0.1%, while forecasts improved for the US and Japan. The German business climate index rose in December as companies were less pessimistic about the future despite viewing their current situation as somewhat worse. Unemployment in the EU remained high at 10.7% in January 2013.
Economic indicators - Economic Monthly Overvies November 2012SappiHouston
The document summarizes recent economic indicators from Europe, the US, Japan, and Germany. It reports that GDP growth forecasts for the EU and Japan were revised downward for 2012 and 2013, while forecasts improved slightly for the US. The German economy remains resilient despite the euro crisis, while the outlook for the EU deteriorates. Unemployment in the EU continues to edge higher.
Pine Economic Calendar: High speed monetary policyBanco Pine
Industrial production in Brazil is estimated to have risen 0.5% in July, the second consecutive monthly rise. Annual industrial production is expected to fall 2.5% in July, an improvement from the 3.5% decline in June. Inflation as measured by the IPCA index is projected to rise 0.38% in August, slightly below the 0.43% rise in July. The central bank is expected to maintain its benchmark interest rate at 7.5% at its next meeting, having reduced it by 50 basis points at its prior meeting.
This document provides an overview and forecast of the 2012 California housing market from the Chief Economist at Leslie Appleton-Young. It summarizes that the US and California economies faced challenges in 2011 including oil price spikes, sovereign debt crisis, and political changes that contributed to stock market volatility and consumer spending weakness. Unemployment remains high in California and the US. Job growth was flat in August and California job growth is faltering, with the largest job losses in construction and financial activities. The forecast anticipates continued challenges for the 2012 California housing market.
CAR Chief Economist Leslie Appleton Young provides an economic update to the Murrieta Temecula Group and the Southwest Riverside County Association of Realtors
The quarterly report summarizes economic data from Q2 2015. Global GDP growth is forecast to be moderate, led by the US at 2.7% and China slowing to 7.1%. Commodity prices declined significantly year-over-year. The Spanish economy is predicted to grow 3.3% in 2015, driven by private consumption. Unemployment is improving but remains high at 22.7%. Exports increased 4.9% while imports rose 3.4%, leading to a trade deficit. Tourism continues to be a strong sector for Spain.
The document provides an overview of recent economic indicators from Europe, the US, and Japan in February 2013. It summarizes that the consensus GDP forecast for the Eurozone remained at 0.1% for 2013 and 1.2% for 2014. While the EU industrial confidence decreased slightly, consumer confidence improved considerably. The GDP forecast for the US decreased to 1.9% for 2013, and the forecast for Japan improved significantly to 1.2% for 2013 and 2014.
The document provides an economic outlook for April 2013. It notes that the consensus GDP forecast for the euro area remained unchanged, while consumer confidence was stable and the IFO index for Germany edged down slightly. The US GDP forecast improved, and early indicators suggest firm housing starts. The Japanese GDP growth forecast also improved on expectations of aggressive monetary policy. Overall, the outlook suggests ongoing challenges for Europe with modest improvements expected in the US and Japan.
Economic indicators December 2012 - part 1SappiHouston
The document summarizes recent economic indicators from Europe, the US, Japan, and Germany. It reports that the GDP growth forecast for Europe in 2013 decreased slightly to 0.1%, while forecasts improved for the US and Japan. The German business climate index rose in December as companies were less pessimistic about the future despite viewing their current situation as somewhat worse. Unemployment in the EU remained high at 10.7% in January 2013.
Economic indicators - Economic Monthly Overvies November 2012SappiHouston
The document summarizes recent economic indicators from Europe, the US, Japan, and Germany. It reports that GDP growth forecasts for the EU and Japan were revised downward for 2012 and 2013, while forecasts improved slightly for the US. The German economy remains resilient despite the euro crisis, while the outlook for the EU deteriorates. Unemployment in the EU continues to edge higher.
Pine Economic Calendar: High speed monetary policyBanco Pine
Industrial production in Brazil is estimated to have risen 0.5% in July, the second consecutive monthly rise. Annual industrial production is expected to fall 2.5% in July, an improvement from the 3.5% decline in June. Inflation as measured by the IPCA index is projected to rise 0.38% in August, slightly below the 0.43% rise in July. The central bank is expected to maintain its benchmark interest rate at 7.5% at its next meeting, having reduced it by 50 basis points at its prior meeting.
This document provides an overview and forecast of the 2012 California housing market from the Chief Economist at Leslie Appleton-Young. It summarizes that the US and California economies faced challenges in 2011 including oil price spikes, sovereign debt crisis, and political changes that contributed to stock market volatility and consumer spending weakness. Unemployment remains high in California and the US. Job growth was flat in August and California job growth is faltering, with the largest job losses in construction and financial activities. The forecast anticipates continued challenges for the 2012 California housing market.
CAR Chief Economist Leslie Appleton Young provides an economic update to the Murrieta Temecula Group and the Southwest Riverside County Association of Realtors
The quarterly report summarizes economic data from Q2 2015. Global GDP growth is forecast to be moderate, led by the US at 2.7% and China slowing to 7.1%. Commodity prices declined significantly year-over-year. The Spanish economy is predicted to grow 3.3% in 2015, driven by private consumption. Unemployment is improving but remains high at 22.7%. Exports increased 4.9% while imports rose 3.4%, leading to a trade deficit. Tourism continues to be a strong sector for Spain.
This document provides an economic forecast and analysis for the City of Seattle. It summarizes key factors that led to the current recession, including asset bubbles, cheap credit, loose lending standards, and the bursting of the housing bubble. It then analyzes recent economic indicators and forecasts a major regional recession for the Puget Sound area, with peak job losses of over 30,000. Revenue forecasts predict declines for sales tax, B&O tax, and natural gas utility tax due to weakness in construction, retail, and energy prices.
1. The presenter discussed the state of the US economy and housing market, noting growth is expected to increase to 2.7% in 2013.
2. Consumer confidence and spending are strong, supported by restored wealth and low debt levels. Business profits are high with low borrowing costs and available credit.
3. However, long-term budget problems threaten as the national debt rises unsustainably, projected to reach 186% of GDP by 2030 without reforms to curb deficits. Solutions are needed to shrink the deficit by 4% of GDP.
The Eurogroup meeting on Greece's bailout program was inconclusive, postponing a decision on disbursing further aid and revealing disagreements between the IMF and Eurogroup on debt targets. Portuguese GDP contracted again in Q3 while unemployment rose to a new high of 15.8%. Spanish plans for transferring assets to its bad bank are advancing with interest from foreign investors. Japanese Prime Minister Noda will hold elections in December amid calls for more aggressive monetary easing.
Agcapita is Canada's only RRSP and TFSA eligible farmland fund and is part of a family of funds with almost $100 million in assets under management. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita created the Farmland Investment Partnership to allow investors to add professionally managed farmland to their portfolios. Agcapita publishes a monthly Agriculture Brief which deals with agriculture specific investment issues along with big picture macro-economic issues.
Economic and Financial Outlook - Leslie Preston - TD EconomistWPCoC
This document provides an economic outlook and analysis from TD Economics. It summarizes recent global, US, Canadian and regional economic performance and forecasts. Key points include ongoing struggles for the global economy to accelerate, varied regional growth patterns, China's economic rebalancing, a rebounding US economy, modest Canadian growth supported by exports and consumers, and housing market resilience with slowing price gains. Risks to the outlook include geopolitical issues while upside potential exists if other economies improve more than expected.
Day 2, Session 5: The role of tenure and governance in climate change mitigation and adaptation
Presentation by Don Roberts, Managing Director, Canadian Imperial Bank of Commerce
ASPE Mandatory Filing Dates for Canadian CorporationsJazzit
ASPE stands for Accounting Standards for Private Enterprises; specifically an variation of adoption of IFRS by the Canadian accounting community for smaller and non-public businesses. There is a lot of confusion regarding when the first set of financial statements must be presented in accordance with ASPE; this chart simplifies the mandatory date transition.
Founded in 2000, Jazzit is Canada’s leading supplier of premium CaseWare templates for accountants. Our products include Jazzit Fundamentals, Jazzit Checklists and Jazzit Score, creating a powerful suite of automated solutions for SME practioners. Jazzit Fundamentals, the flagship product, is an integrated suite of over 115 templates and letters that assist public accountants in completing year-end engagements with their corporate clients. With offices in Calgary, Alberta, and Kelowna, B.C., Jazzit’s software serves over 5,000 accounting professionals across Canada.
1) Food prices in Ethiopia have been rising, driven by increases in global food prices as well as domestic factors. Cereals make up a large portion of household expenditures and the Ethiopian economy.
2) The prices of major cereals like teff, wheat, maize, and sorghum in Addis Ababa have generally been increasing in nominal terms since the late 2000s. Food inflation has outpaced general inflation.
3) The causes of rising food prices in Ethiopia include high domestic demand, expansionary monetary policy, shifts from food aid to cash transfers, infrastructure investments, overall inflation, and increasing global commodity and oil prices. Tight links exist between Ethiopian and international cereal markets
- Inflation is expected to rise to 4-6% by 2015, above the Fed's target rate of 2%, due to rising rents and homeowner costs. However, inflation will likely not reach double digits as in the 1970s.
- Home prices are forecast to increase by 15% cumulatively over the next three years as demand increases and supply remains tight.
- The federal budget deficit will contribute to higher borrowing costs and potentially higher inflation if not addressed.
The document discusses the economic recovery of Southern Nevada from the recession. It provides data on housing prices, job growth, unemployment rates, consumer confidence and other economic indicators from 2001 to 2011. While some indicators like housing prices and unemployment have improved from their lowest points, the recovery has been slow and the region still faces challenges in achieving stronger and sustained job and income growth.
The document evaluates monetary and fiscal policy responses to the 2008 financial crisis in real time. It compares actual policies to counterfactual scenarios, such as keeping interest rates slightly positive instead of dropping to zero. Actual monetary policy involved large increases in bank reserves and purchases of mortgage-backed securities, while the counterfactual considers no securities purchases. For fiscal policy, a counterfactual without stimulus packages in 2008-2009 is preliminarily examined by looking at disposable income and consumption without the stimulus. The analysis aims to quickly evaluate policy effectiveness during an ongoing crisis.
The document summarizes the global economic outlook and recovery from the 2008 financial crisis. It finds that while a recovery is underway, growth will remain uneven across developed and emerging economies. The US recovery has slowed as stimulus fades, while Europe faces high debt burdens in the periphery. However, emerging markets like China, India, and others in Asia are powering ahead and helping support global growth. Overall, a double-dip global recession is not expected due to stimulus, strong emerging markets, and still-accommodative central bank policies.
Executive aviation embraer day 2011 03_25(final) vimpEmbraer RI
This presentation discusses the state of the global and U.S. economy, as well as trends in the business jet industry. It notes that while the global economy is expected to grow around 3% annually through 2014, uncertainty remains. U.S. corporate profits and stock markets rebounded in recent years but volatility persists. Business jet traffic in the U.S. and Europe has increased since 2009 but remains below pre-recession levels. The supply of used business jets for sale has declined since 2008.
This presentation provides an overview of the executive aviation market from Embraer's perspective. It discusses forward-looking statements and acknowledges uncertainty in projections. Charts show projections for global GDP growth remaining steady around 3% annually through 2014. U.S. corporate profits are up significantly from 2009 levels though remain below pre-crisis averages. Global stock markets saw over a 10% drop highlighted in late 2008. Business jet traffic in the U.S. and Europe has rebounded in 2011 after declines in 2009. The used aircraft market inventory decreased in 2010 after large increases in prior years.
Watertown, MA FY 2012 preliminary budget overviewneocMatt
The document provides an overview of the preliminary budget for fiscal year 2012 for the Town of Watertown. It includes details on projected revenues, expenditures, debt levels, reserve funds, and comparisons to the fiscal year 2011 budget. The preliminary budget forecasts revenues of $110 million and expenditures of $90 million in fiscal year 2014. Key issues addressed in developing the fiscal year 2012 budget include uncertainty around future local aid, economy-driven revenues, collective bargaining agreements, capital projects funding, and rising costs for health insurance and retirement benefits.
The presentation explains how the food and global financial crises impacted Pakistan's socio-economy. A detailed impact assessment is followed by the policy response taken in the various spheres of the economy.
The document provides an economic outlook and analysis for various regions including globally, the US, Canada, and Ontario. It summarizes recent economic growth trends, risks, currency movements, housing, labor, and other indicators. Growth is expected to remain modest globally and many regions face challenges from slowing emerging markets, currency appreciation, weak commodity prices, and lack of pent-up consumer demand. [END SUMMARY]
Higher Ed National Fundriasing Index 2011 TrendsJeffTe
This document discusses fundraising trends in higher education based on an index of 111 public and private institutions. Some key findings from 2011 include: overall revenue declined 2.1% while donor numbers also dropped 2.1%; acquisition of new donors declined more sharply at 3.5%; and retention rates remained relatively stable but below pre-recession levels. Benchmarking is presented as a way for institutions to identify strengths/weaknesses and improve fundraising performance.
Summary of NOVEMBER 2010 Existing Home Sales StatisticsNAR Research
- Total existing home sales in November 2010 decreased 27.9% from November 2009.
- The median price of existing homes sold in November 2010 increased 0.4% compared to November 2009.
- Existing home inventory increased 46.2% nationally from November 2009 to November 2010.
1. Most economic indicators show signs that the recession has bottomed out in major OECD economies. GDP growth is projected to return in the third quarter of 2009 for the US and Eurozone.
2. However, unemployment has continued to rise sharply in many countries. Inflation remains low, reflecting falling oil and commodity prices.
3. Central banks have expanded their balance sheets significantly through large bond purchase programs. Government bond rates have stabilized after substantial declines.
4. While recovery appears to have started, the outlook remains uncertain depending on the strength of the upturn in private demand. Policy support will be needed to foster job creation and sustainable growth.
The document provides an economic and market summary for the week of November 26th, 2012. Key points include:
- Global stock markets rebounded last week on hopes of a US fiscal cliff agreement. However, resolving the fiscal cliff remains uncertain.
- In the eurozone, Moody's downgraded France's credit rating and further loan delays weighed on markets. Flash PMIs pointed to ongoing eurozone contraction in Q4.
- In Portugal, the sixth review found the bailout program on track, but unemployment and recession risks remain.
- US housing data continued to show recovery, while initial jobless claims fell. China's manufacturing PMI rose above 50, supporting steady recovery there.
This document provides an economic forecast and analysis for the City of Seattle. It summarizes key factors that led to the current recession, including asset bubbles, cheap credit, loose lending standards, and the bursting of the housing bubble. It then analyzes recent economic indicators and forecasts a major regional recession for the Puget Sound area, with peak job losses of over 30,000. Revenue forecasts predict declines for sales tax, B&O tax, and natural gas utility tax due to weakness in construction, retail, and energy prices.
1. The presenter discussed the state of the US economy and housing market, noting growth is expected to increase to 2.7% in 2013.
2. Consumer confidence and spending are strong, supported by restored wealth and low debt levels. Business profits are high with low borrowing costs and available credit.
3. However, long-term budget problems threaten as the national debt rises unsustainably, projected to reach 186% of GDP by 2030 without reforms to curb deficits. Solutions are needed to shrink the deficit by 4% of GDP.
The Eurogroup meeting on Greece's bailout program was inconclusive, postponing a decision on disbursing further aid and revealing disagreements between the IMF and Eurogroup on debt targets. Portuguese GDP contracted again in Q3 while unemployment rose to a new high of 15.8%. Spanish plans for transferring assets to its bad bank are advancing with interest from foreign investors. Japanese Prime Minister Noda will hold elections in December amid calls for more aggressive monetary easing.
Agcapita is Canada's only RRSP and TFSA eligible farmland fund and is part of a family of funds with almost $100 million in assets under management. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita created the Farmland Investment Partnership to allow investors to add professionally managed farmland to their portfolios. Agcapita publishes a monthly Agriculture Brief which deals with agriculture specific investment issues along with big picture macro-economic issues.
Economic and Financial Outlook - Leslie Preston - TD EconomistWPCoC
This document provides an economic outlook and analysis from TD Economics. It summarizes recent global, US, Canadian and regional economic performance and forecasts. Key points include ongoing struggles for the global economy to accelerate, varied regional growth patterns, China's economic rebalancing, a rebounding US economy, modest Canadian growth supported by exports and consumers, and housing market resilience with slowing price gains. Risks to the outlook include geopolitical issues while upside potential exists if other economies improve more than expected.
Day 2, Session 5: The role of tenure and governance in climate change mitigation and adaptation
Presentation by Don Roberts, Managing Director, Canadian Imperial Bank of Commerce
ASPE Mandatory Filing Dates for Canadian CorporationsJazzit
ASPE stands for Accounting Standards for Private Enterprises; specifically an variation of adoption of IFRS by the Canadian accounting community for smaller and non-public businesses. There is a lot of confusion regarding when the first set of financial statements must be presented in accordance with ASPE; this chart simplifies the mandatory date transition.
Founded in 2000, Jazzit is Canada’s leading supplier of premium CaseWare templates for accountants. Our products include Jazzit Fundamentals, Jazzit Checklists and Jazzit Score, creating a powerful suite of automated solutions for SME practioners. Jazzit Fundamentals, the flagship product, is an integrated suite of over 115 templates and letters that assist public accountants in completing year-end engagements with their corporate clients. With offices in Calgary, Alberta, and Kelowna, B.C., Jazzit’s software serves over 5,000 accounting professionals across Canada.
1) Food prices in Ethiopia have been rising, driven by increases in global food prices as well as domestic factors. Cereals make up a large portion of household expenditures and the Ethiopian economy.
2) The prices of major cereals like teff, wheat, maize, and sorghum in Addis Ababa have generally been increasing in nominal terms since the late 2000s. Food inflation has outpaced general inflation.
3) The causes of rising food prices in Ethiopia include high domestic demand, expansionary monetary policy, shifts from food aid to cash transfers, infrastructure investments, overall inflation, and increasing global commodity and oil prices. Tight links exist between Ethiopian and international cereal markets
- Inflation is expected to rise to 4-6% by 2015, above the Fed's target rate of 2%, due to rising rents and homeowner costs. However, inflation will likely not reach double digits as in the 1970s.
- Home prices are forecast to increase by 15% cumulatively over the next three years as demand increases and supply remains tight.
- The federal budget deficit will contribute to higher borrowing costs and potentially higher inflation if not addressed.
The document discusses the economic recovery of Southern Nevada from the recession. It provides data on housing prices, job growth, unemployment rates, consumer confidence and other economic indicators from 2001 to 2011. While some indicators like housing prices and unemployment have improved from their lowest points, the recovery has been slow and the region still faces challenges in achieving stronger and sustained job and income growth.
The document evaluates monetary and fiscal policy responses to the 2008 financial crisis in real time. It compares actual policies to counterfactual scenarios, such as keeping interest rates slightly positive instead of dropping to zero. Actual monetary policy involved large increases in bank reserves and purchases of mortgage-backed securities, while the counterfactual considers no securities purchases. For fiscal policy, a counterfactual without stimulus packages in 2008-2009 is preliminarily examined by looking at disposable income and consumption without the stimulus. The analysis aims to quickly evaluate policy effectiveness during an ongoing crisis.
The document summarizes the global economic outlook and recovery from the 2008 financial crisis. It finds that while a recovery is underway, growth will remain uneven across developed and emerging economies. The US recovery has slowed as stimulus fades, while Europe faces high debt burdens in the periphery. However, emerging markets like China, India, and others in Asia are powering ahead and helping support global growth. Overall, a double-dip global recession is not expected due to stimulus, strong emerging markets, and still-accommodative central bank policies.
Executive aviation embraer day 2011 03_25(final) vimpEmbraer RI
This presentation discusses the state of the global and U.S. economy, as well as trends in the business jet industry. It notes that while the global economy is expected to grow around 3% annually through 2014, uncertainty remains. U.S. corporate profits and stock markets rebounded in recent years but volatility persists. Business jet traffic in the U.S. and Europe has increased since 2009 but remains below pre-recession levels. The supply of used business jets for sale has declined since 2008.
This presentation provides an overview of the executive aviation market from Embraer's perspective. It discusses forward-looking statements and acknowledges uncertainty in projections. Charts show projections for global GDP growth remaining steady around 3% annually through 2014. U.S. corporate profits are up significantly from 2009 levels though remain below pre-crisis averages. Global stock markets saw over a 10% drop highlighted in late 2008. Business jet traffic in the U.S. and Europe has rebounded in 2011 after declines in 2009. The used aircraft market inventory decreased in 2010 after large increases in prior years.
Watertown, MA FY 2012 preliminary budget overviewneocMatt
The document provides an overview of the preliminary budget for fiscal year 2012 for the Town of Watertown. It includes details on projected revenues, expenditures, debt levels, reserve funds, and comparisons to the fiscal year 2011 budget. The preliminary budget forecasts revenues of $110 million and expenditures of $90 million in fiscal year 2014. Key issues addressed in developing the fiscal year 2012 budget include uncertainty around future local aid, economy-driven revenues, collective bargaining agreements, capital projects funding, and rising costs for health insurance and retirement benefits.
The presentation explains how the food and global financial crises impacted Pakistan's socio-economy. A detailed impact assessment is followed by the policy response taken in the various spheres of the economy.
The document provides an economic outlook and analysis for various regions including globally, the US, Canada, and Ontario. It summarizes recent economic growth trends, risks, currency movements, housing, labor, and other indicators. Growth is expected to remain modest globally and many regions face challenges from slowing emerging markets, currency appreciation, weak commodity prices, and lack of pent-up consumer demand. [END SUMMARY]
Higher Ed National Fundriasing Index 2011 TrendsJeffTe
This document discusses fundraising trends in higher education based on an index of 111 public and private institutions. Some key findings from 2011 include: overall revenue declined 2.1% while donor numbers also dropped 2.1%; acquisition of new donors declined more sharply at 3.5%; and retention rates remained relatively stable but below pre-recession levels. Benchmarking is presented as a way for institutions to identify strengths/weaknesses and improve fundraising performance.
Summary of NOVEMBER 2010 Existing Home Sales StatisticsNAR Research
- Total existing home sales in November 2010 decreased 27.9% from November 2009.
- The median price of existing homes sold in November 2010 increased 0.4% compared to November 2009.
- Existing home inventory increased 46.2% nationally from November 2009 to November 2010.
1. Most economic indicators show signs that the recession has bottomed out in major OECD economies. GDP growth is projected to return in the third quarter of 2009 for the US and Eurozone.
2. However, unemployment has continued to rise sharply in many countries. Inflation remains low, reflecting falling oil and commodity prices.
3. Central banks have expanded their balance sheets significantly through large bond purchase programs. Government bond rates have stabilized after substantial declines.
4. While recovery appears to have started, the outlook remains uncertain depending on the strength of the upturn in private demand. Policy support will be needed to foster job creation and sustainable growth.
The document provides an economic and market summary for the week of November 26th, 2012. Key points include:
- Global stock markets rebounded last week on hopes of a US fiscal cliff agreement. However, resolving the fiscal cliff remains uncertain.
- In the eurozone, Moody's downgraded France's credit rating and further loan delays weighed on markets. Flash PMIs pointed to ongoing eurozone contraction in Q4.
- In Portugal, the sixth review found the bailout program on track, but unemployment and recession risks remain.
- US housing data continued to show recovery, while initial jobless claims fell. China's manufacturing PMI rose above 50, supporting steady recovery there.
Portugal passed the sixth review of its bailout program, allowing it to receive the next loan tranche. However, downside risks to growth remain significant, and Portugal will have trouble meeting its fiscal targets. The EU summit failed to reach an agreement on the 2014-2020 budget. Chinese and German manufacturing PMIs rose, pointing to continued but weak recovery, while French and euro area PMIs fell, indicating ongoing contraction. Moody's downgraded France, which could strain the French-German relationship. Housing data in the US continues to recover. Japan's upcoming election may lead to more monetary and fiscal stimulus to end yen appreciation.
Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery and job creation, the OECD said in its latest Interim Economic Assessment.
Economic Indicators and Monthly Overview June 2015SappiHouston
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. It summarizes that GDP growth in the EU remained stable in 2015 but declined in the US due to harsh weather and a strong dollar. Industrial confidence in the EU improved slightly while consumer confidence declined. The German economy remains on track with recent data showing accelerated growth, though the IFO Business Climate Index edged downward.
Global economic growth is strengthening as advanced economies rebound, led by the United States, Japan, and the euro area. However, risks remain from high unemployment in Europe, slowing growth in emerging markets like China, and potential deflation in the euro area. To support stable growth, policies should gradually reduce monetary stimulus in the US, repair banking systems and continue monetary easing in Europe, launch structural reforms in Japan, and boost reforms in all countries to address scars from the crisis and raise potential growth.
Economic Indicators and Monthly Overview August 2015SappiHouston
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. It summarizes GDP forecasts, inflation rates, unemployment, industrial and consumer confidence indexes, and capacity utilization in the EU. Charts show trends in these indicators. The report also provides data on business climate indexes in Germany and worldwide from IFO and advertising expenditure forecasts from ZenithOptimedia.
The document provides an overview of recent economic indicators from Europe, the US, Japan and Germany. It summarizes that GDP growth forecasts for Europe and Japan were lowered for 2014 but raised slightly for Japan in 2015. Industrial and consumer confidence in the EU improved slightly in October, breaking prior downward trends. The IFO Business Climate Index for Germany continued to fall, indicating a deteriorating outlook for the German economy.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. Key points include: the GDP growth forecast for the EU remained stable at 1.5% for 2014 but decreased for the US; the ECB cut interest rates to stimulate lending; consumer confidence in the EU continued to improve while Germany's business climate index fell slightly; and global advertising growth is projected to increase by 4.9% in 2014.
An updated UK Consumer Price Inflation PowerPoint Slide Pack. Includes comparisons between UK, Eurozone and Republic of Ireland inflation trends. In addition, the latest trends in oil, petrol & diesel prices are included.
The document provides an overview of recent economic indicators from Europe, the US, and Japan in June 2013. In Europe, GDP forecasts remained stable but consumer and business confidence improved slightly. German business confidence rose after declines, and the economy remains on track. US growth prospects are uncertain due to slowing indicators and fiscal issues. Japan's GDP growth forecast improved considerably. The document also summarizes recent advertising expenditure forecasts from Zenith, predicting a return to growth in major markets in 2013.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. It summarizes GDP forecasts, business and consumer confidence indexes, unemployment and inflation rates. GDP growth is expected to be modest in Europe and the US in 2014, while forecasts for Japan remain stable. Several indexes for Germany fell slightly in June due to concerns about the impact of crises in Ukraine and Iraq. Advertising growth forecasts from Zenith also are included, with global growth expected to be 4.7% in 2014.
Economic indicators april 2014 houstonSappiHouston
The document provides an overview of recent economic indicators from Europe, the US, Japan and Germany. It summarizes GDP forecasts which remained positive for Europe and the US but fell slightly for Japan. It also reviews recent economic data on industrial confidence, unemployment, inflation and other indicators, which were mostly stable or improving. However, the IFO Business Climate index for Germany fell in March due to concerns about emerging markets and events in Crimea.
The document provides an economic bulletin summarizing key highlights from Q4 of 2012 for the EU food and drink industry. It notes a decrease in EU manufacturing production and private consumption in Q4. Food and drink industry output fell 0.36% in the EU in Q4. Main agricultural raw material prices were mixed in Q4, with cocoa, coffee, oils and oilseed prices declining while grains and dairy prices increased.
This document provides an economic overview and indicators for Europe, the US, Japan, and Germany from October 2014. It summarizes that GDP growth forecasts were lowered slightly for Europe and Japan, while the US forecast improved slightly. Industrial confidence and consumer confidence in Europe continued to decline in September. The German IFO Business Climate Index fell again, indicating the German economy is slowing. Charts show trends in GDP, inflation, unemployment, and other economic indicators for various regions.
The document provides an overview of recent economic indicators from Europe, the US, Japan and Germany. It summarizes GDP growth forecasts which were improved slightly for Europe but decreased for the US and Japan. Unemployment and industrial confidence indicators for Europe are also discussed. Key points about advertising growth forecasts from Zenith are presented.
Economic Indicators and Monthly Overview April 2015SappiHouston
The document provides an overview of recent economic indicators from Europe, the US, Japan, and globally. Key points include:
- GDP growth forecasts for Europe and Germany improved slightly, while forecasts declined for the US and Japan.
- Industrial confidence in the Eurozone rose again in March, and consumer confidence continued to improve significantly.
- Unemployment rates and inflation rates in the Eurozone are trending downward.
- The IFO Business Climate Index for Germany reached its highest level since July 2014, indicating continued economic expansion.
This document provides a comparison of independent forecasts for the UK economy in 2010 and 2011. It includes tables summarizing forecasts from 20 financial institutions for key indicators such as GDP growth, inflation, unemployment, and government borrowing. The tables show averages and ranges for each indicator based on forecasts made over the past 3 months, as well as averages specifically for the new forecasts received this month.
Economic Indicators and Montly Overview September SappiHouston
The document provides an overview of recent economic indicators from Europe, the US, Japan and Germany. It summarizes data on GDP growth, unemployment, inflation, business and consumer confidence indexes. GDP growth forecasts for Europe in 2014 were lowered slightly due to stagnation in the Eurozone recovery. US GDP growth forecasts remained unchanged, while Japan's forecasts saw a small decrease and increase for 2014 and 2015 respectively. Several indexes tracking European industrial and consumer confidence declined further in August.
Economic Indicators and Monthly Overview October 2015SappiHouston
The document summarizes economic indicators and forecasts from Europe, the US, and Japan in October 2015. In Europe, GDP growth forecasts remained stable for 2015 but declined slightly for 2016, and industrial confidence increased slightly while consumer confidence declined. In the US, GDP forecasts remained the same for 2015 but declined slightly for 2016. Japan's GDP forecasts declined for both 2015 and 2016, and its credit rating was downgraded. The document also includes charts and data on topics like GDP, inflation, unemployment, and business climate indexes for various countries and regions.
Economic indicators and Monthly Overview January 2015SappiHouston
The document provides an economic outlook for January 2015. It summarizes forecasts for GDP growth in Europe, the US, and Japan in 2015 and 2016. GDP growth is expected to be 1.5% in Europe in 2015 and 1.8% in 2016. In the US, GDP growth is forecast to be 3.2% in 2015 and 2.8% in 2016. Japan's GDP growth is projected to be 1.2% in 2015 and 1.5% in 2016. The document also reviews recent economic indicator data for the EU, Germany, and other regions.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and global advertising trends. It summarizes GDP forecasts, economic confidence indexes, inflation rates, and unemployment in key regions. Recent data points to positive but uneven growth returning to the Eurozone. The ECB is expected to cut interest rates further to boost low inflation. The US economy showed mixed results in Q1 2014 due to weather impacts. Japanese consumer spending increased sharply ahead of a sales tax hike. Global advertising is forecast to grow 5.1% in 2014 led by digital media, especially in emerging markets.
The document provides an overview of recent economic indicators from Europe, the US, Japan and Germany. It summarizes GDP forecasts, inflation rates, unemployment, consumer confidence indexes and other metrics. According to the document, GDP growth is expected to improve in the US and Eurozone in 2014, while Japan's GDP forecast was lowered slightly. Inflation remains a concern in the Eurozone. The German economy started 2014 promisingly with rising business sentiment indicators.
The document provides an overview of recent economic indicators and forecasts from various sources. It summarizes that consensus GDP forecasts for major economies remained largely unchanged, while industrial confidence in the EU improved and consumer confidence declined slightly. The IFO Business Climate Index for Germany rose significantly on improved current business assessments and expectations. Zenith data showed global advertising expenditures are forecast to grow 4.9% in 2013 and 5.1% in 2014.
The document provides an overview of recent economic indicators and forecasts from Europe, the US, Japan, and Germany in October 2013. Key points include:
- The Eurozone GDP growth forecast remained flat at 0.0% for 2013 and 1.3% for 2014, while the ECB unexpectedly cut interest rates to 0.25% due to deflation concerns.
- US GDP growth was revised up to 1.7% for 2013 and remained at 2.6% for 2014 following stronger than expected third quarter growth.
- Japan's GDP forecast remained unchanged at 1.9% for 2013 but declined slightly to 1.6% for 2014, despite other improving economic parameters.
- The IFO Business Climate Index
This document provides contact information for specialists at Sappi who can assist with technical issues in various languages and regions. It lists representatives for different countries and language groups in Europe, the Middle East, Africa, and the United Kingdom, along with their names and email addresses. It encourages contacting Sappi for any needed assistance and directs to their website for additional paper and printing knowledge.
The document provides an economic outlook overview for October 2013. It summarizes consensus GDP forecasts for Europe, the US, and Japan. For Europe, it notes improving industrial and consumer confidence in the EU, while the ECB kept interest rates unchanged. In the US, recovery has been hurt by the government shutdown. Japan took a small step to reduce debt by raising sales tax. Charts show historical GDP, inflation, unemployment, and other economic indicator trends in the EU. The report also summarizes IFO and Zenith economic indicator forecasts.
ContiVision - Web Break Analysis SystemSappiHouston
ContiVision is a system that automatically analyzes web breaks during the printing process. It determines the time, location, process circumstances, and most probable cause of each web break. This allows printers to optimize their process, prevent recurring breaks, and claim breaks caused by paper faults. The system collects data from sensors and cameras to analyze each break and produce a report with evidence to determine the root cause.
The document provides an economic outlook overview for September 2013. Key points include:
- GDP growth forecasts improved slightly for the Eurozone, US, and Japan. Recent data also indicates the Eurozone recovery is being maintained.
- Several economic indicators show improvements, such as industrial confidence and consumer confidence rising in the Eurozone. The IFO Business Climate Index for Germany also continued to climb.
- Global ad expenditure is forecast to grow at a slower 3.5% in 2013 due to issues in Europe and South Korea, but a rebound is expected in 2014-2015, led by rising markets. Internet and mobile advertising are outpacing other media in growth.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. It summarizes that GDP growth forecasts for Europe and the US were slightly lowered, while forecasts for Japan remained unchanged. Several economic indicators for Europe showed improvements, including industrial confidence, consumer confidence, and GDP, pointing to a cautious recovery. The German IFO index rose for the third month in a row, with firms remaining cautiously optimistic.
This document discusses how materials modify light and how color is measured. It explains that light can be scattered, reflected, refracted, transmitted, absorbed, or diffracted when interacting with materials. Color measurement is based on spectroscopy, which measures light absorption across the electromagnetic spectrum. The CIE L*a*b* color space is commonly used to define color in a device-independent way using lightness, chroma, and hue. Print density is also measured to characterize color in printing and is calculated from spectral data using virtual filters.
Colour management aims to standardize colour reproduction across different devices and stages of the printing workflow. It involves using colour profiles and colour spaces to translate colours between devices and map colours that fall outside a device's gamut. Paper plays a key role in colour management by influencing colour gamut, dot gain, and luminance. Standardized printing as defined in ISO 12647-2 specifies paper groups, CMYK and RGB colour targets, dot gain targets, and tolerances to help ensure colour consistency. Sappi provides services like prepress recommendations, colour management consultations, print quality evaluations, and trainings to help customers achieve high and consistent print quality.
The document provides an overview of recent economic indicators from Europe, the US, Japan, and Germany. It summarizes consensus GDP forecasts, economic outlooks, and key data on industrial production, inflation, unemployment, and business/consumer confidence. The document also reviews advertising expenditure forecasts from Zenith, noting global ad growth of 3.5% in 2013 led by rising markets, with the US, China, and internet/mobile advertising contributing most new dollars. German business confidence continued rising on improved future outlooks. Eurozone prospects remain challenging with cuts to several economy outlooks.
The document provides an economic outlook for May 2013, summarizing indicators and forecasts for Europe, the US, and Japan. In Europe, GDP forecasts were lowered again for the EU and Germany. The EU's industrial confidence declined while consumer confidence improved. In the US, GDP forecasts decreased for 2013 but remained stable for 2014. Japan's GDP growth forecasts improved for 2013 and 2014. Overall, the report outlines recent economic indicator trends and forecasts to present the current economic outlook and conditions for major economies in May 2013.
Ghosting and vanishing dots in heatset printingSappiHouston
Ghosting and vanishing dots are defects that have become more prominent in heatset web offset printing in recent years. They result from a microscopic build-up of ink and paper ingredients between halftone dots over time, which makes dot transfer from plate to blanket to paper more difficult. This causes the dots to decrease in size or even disappear. Many variables can contribute to the build-up, including paper properties, ink, fountain solution, plates and blankets, but the issues are multifactorial with complex interactions and no single cause has been identified. Sappi continues to research solutions through collaborative projects.
Electrostatically charged paper can cause problems like poor performance and misfeeding during print runs. Static electricity occurs when paper becomes charged during sheet separation, with identical charges repelling and opposite charges attracting. The dryer the paper, the more it insulates and retains charge. Several factors influence charging, including paper moisture, climate conditions, and speed. Solutions include carefully managing moisture levels around 48-55%, maintaining temperature and humidity in the print room, applying powder between sheets, and allowing paper time to adapt to room conditions before use.
2. Economic Outlook Monthly Overview – March 2013
Europe:
• Consensus March GDP forecast for WE decreased from 0,1% to 0,0% for 2013 and remained
on 1,2% for 2014.
• Both, the EU industrial confidence and the consumer confidence indicator improved in
February.
• The IFO Business Climate index for Germany rose significantly in February. Companies
assessed their current business situation more favorably and were considerably more optimistic
about future business developments.
• There are hopes that the downturn may have troughed, based on a few indicators, including a
1,2% m-o-m rebound in retail trade in January. However, any recovery is currently fragile at the
best. Euro zone joblessness continued to climb in January and EC has downgraded its forecast
for 2013 to -0,3%.
US:
• Consensus March GDP forecast for the US decreased from 1,9% to 1,8% for 2013. Forecast
for 2014 remained on 2,8%
• US consumption slowed at the start of 2013 as households felt the impact of federal tax
increases introduced on January 1. Moreover, March 1 saw sequestered public spending cuts
come into effect in addition to defense cuts imposed late last year.
Japan:
• The March GDP growth forecast for Japan remained stable on 1,2% for both, 2013 and 2014.
• Q4 GDP figure was revised from an estimated contraction of 0,1% q-o-q to flat growth,
indicating that the Japanese downturn may have bottomed out. The new government’s policies
have helped to weaken the Yen supporting export growth but also pushing up energy import
costs.
2 | Economic Indicators |
4. Economic Indicators – GDP EU 27
4
3
2
1
0
-1
-2
-3
-4
-5
06Q1
'07Q1
'10 Q1
'08 Q1
'09 Q1
'11 Q1
12 Q1
GDP for the EU 27 countries at constant prices quarter vs same quarter of last year
Source: Eurostat Mar 13
4 | Economic Indicators |
5. Economic Indicators – GDP EU 27
1
0.5
0
-0.5
-1
-1.5
-2
-2.5
12 Q1
'11 Q1
'06Q1
'07Q1
'08 Q1
'09 Q1
'10 Q1
GDP for the EU 27 countries at constant prices quarter on quarter
Source: Eurostat Mar 13
5 | Economic Indicators |
6. Economic Indicators –EU 27 Consumer Price Index
4.5
4
3.5
3
2.5
% 2
2
1.5
1
0.5
0
11/1
08/1
09/1
10/1
12/1
13/1
The harmonized index of consumer prices is the result of the collaboration
between Eurostat and National Statistical Institutes of the Member States.
Source: Eurostat Mar 13
6 | Economic Indicators |
7. Economic Indicators – ECB interest rate
4,5
4,0
3,5
3,0
2,5
Eurozone inflation
2,0
Feb.13; 1,8
1,5
1,0 Mar 13; 0,75
FED rate ECB short-term rate
0,5
0,0 Mar 13; 0,25
-0,5
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
July 08
Jul.09
Jul.10
July 11
Jul.12
Jul.13
Source: ECB, FED Mar 13
7 | Economic Indicators |
8. Economic Indicators –EU 27 Unemployment Rate
12
11 10.8
10
9
8
7
6
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
Unemployment rate for EU 27 countries
Source: Eurostat Mar 13
8 | Economic Indicators |
9. Economic Indicators – Industrial Confidence Ind EU
Industrial confidence within EU 27 improved considerably in February.
10
5
0
-5
-10
-15
-20
-25
-30
-35
-40
Jan 11
Jan 06
Jan 07
Jan 08
Jan 09
Jan 10
Jan 12
Jan 13
The Industrial Confidence Indicator is the arithmetic average of the answers to the
questions on production expectations, order books and stocks.
Source: Eurostat Mar 13
9 | Economic Indicators |
10. Economic Indicators – Consumer Confidence Ind EU
Consumer Confidence within EU 27 improved slightly again in February.
0
-5
-10
-15
-20
-25
-30
-35
Jan 06
Jan 07
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
The Consumer Confidence Indicator is the arithmetic average of the answers to the questions
on the financial situation of households and general economic situation (past and future)
together with that on the advisability of making major purchases.
Source: Eurostat Mar 13
10 | Economic Indicators |
11. Economic Indicators – Capacity Utilization
in Manufacturing Industry in % - EU 27
85
80
75
%
70
65
60
09Q1
04Q1
05Q1
06Q1
07Q1
08Q1
10Q1
11Q1
12Q1
13Q1
The capacity utilization in manufacturing industry gives the level of capacity utilization
in percent, as assessed by managers in manufacturing industry.
Source: Eurostat Feb 13
11 | Economic Indicators |
13. Economic Indicators – IFO World Economic Climate
The Ifo World Economic climate improved considerably in Q1 2013
This indicator is being updated on a quarterly basis.
Source: IFO Feb 13
13 | Economic Indicators |
14. Economic Indicators – IFO WE Economic Climate
The economic climate for Western Europe improved in the 1st quarter 2013.
This indicator is being updated on a quarterly basis.
Source: IFO Feb 13
14 | Economic Indicators |
15. Economic Indicators – IFO NA Economic Climate
This indicator is being updated on a quarterly basis.
Source: IFO Feb 13
15 | Economic Indicators |
16. Economic Indicators – GDP Forecast Euro Area
Source: IFO Jan 13
16 | Economic Indicators |
17. Economic Indicators – GDP Forecast Germany
Source: IFO Jan 13
17 | Economic Indicators |
18. Economic Indicators – Exchange rate $ vs €
Source: IFO Mar 13
18 | Economic Indicators |
19. Economic Indicators –
Ifo business situation and 6 month expectations
Business situation 6 months expectations
125 115
120 110
115 105
110 100
105
95
100
95 90
90 85
85 80
80 75
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
The Ifo Business Climate index for Germany rose significantly by over three points in
February. This represents its greatest increase since July 2010. Satisfaction with the current
business situation continued to grow and optimism regarding future business perspectives
increased. The German economy is regaining momentum.
The IFO-Institut für Wirtschaftsforschung business situation index shows the current evaluation of the
economic situation, while the 6 month expectations index shows the expectations of the companies for the next
6 months. Over 7000 companies are being interviewed.
Source: IFO Mar 13
19 | Economic Indicators |
20. Economic Indicators – IFO Assessment of Current
Business Situation
The Ifo Business Climate index for Germany rose significantly by over three points in
February. This represents its greatest increase since July 2010. Satisfaction with the current
business situation continued to grow and optimism regarding future business perspectives
increased. The German economy is regaining momentum.
Source: IFO Mar 13
20 | Economic Indicators |
21. Economic Indicators – IFO business climate index
printing industry
The business climate within the printing industry improved from -8 to -2.
20
10
0
-10
-20
-30
-40
-50
-60
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
Jan 14
The IFO-Institut für Wirtschaftsforschung business climate index for the printing industry is
based on a monthly representative questionnaire to 300 German printers.
Source: IFO Mar 13, bundesverband druck und medien
21 | Economic Indicators |
22. Economic Indicators – IFO business climate index
printing industry
Business Development at German Printers – February 2013:
With +2% the assessment of the current business situation in the printing
industry remained fairly unchanged from last month and is considerably
better than in the same month of last year (-6%).
The business climate – an indicator for the development in
the next quarter – improved from -8% to -2%.
The business expectations for the coming 6 months remained
negative for the 6th month in succession, but improved from -16%
to -6%. In the same month of last year expectations were positive and
considerably better than today.
The IFO-Institut für Wirtschaftsforschung business climate index for the printing industry is
based on a monthly representative questionnaire to 300 German printers.
Source: IFO Mar 13, bundesverband druck und medien
22 | Economic Indicators |
24. Advertising Growth – Zenith 12/12 Press release
Global ad expenditure forecast to strengthen over the next three years,
rising from 3,3 % in 2012 to 4,1% in 2013 and 5,6% in 2015
Peripheral Eurozone to shrink 4,0% in 2013, stabilize in 2014 and grow
2% in 2015
Developing markets to contribute 61% of adspend growth between
2012 and 2015 and increase their share of global adspend from 34% to
37%
Online video and social media to help drive 20% annual growth in
internet display over the next three years
Internet advertising to exceed combined newspaper and magazine total
in 2015
Source: Zenith 12/12
24 | Economic Indicators |
25. Advertising Growth – Zenith 12/12 Press release
At current prices
Source: Zenith 12/12
25 | Economic Indicators |