The document shows the rising debt incurred per dollar of GDP in the United States from 1966 to 2008. It notes that in 1966, the US borrowed 42 cents for every dollar of GDP, and by the end of 2008 this had grown to 80 cents. It also discusses that under President Reagan from 1980 to 1988, the debt per dollar of GDP grew from 32 cents to over 50 cents, with the US borrowing 71 cents for every dollar during his presidency.
State of the Economy: What happened and when will it come to an end? Christop...ECPA Events
Last year even as the US was already in a recession not only were forecasters saying we weren't in a downturn, they were predicting that the economy would be moving strongly forward by the beginning of 2009.
- Net sales increased significantly from $4.74 billion in 1999 to $7.13 billion in 2000. Net income increased slightly from $515.8 million in 1999 to $422 million in 2000.
- The Telecommunications segment saw the largest increase in revenues from $2.96 billion in 1999 to $5.12 billion in 2000, driving the overall revenue growth.
- Pro forma diluted earnings per share, which excludes certain one-time items, increased from $0.67 in 1999 to $1.23 in 2000 despite a smaller increase in net income, reflecting share repurchases.
Whirlpool Corporation reported record financial results in 2006. Revenue reached $18.1 billion, up 26% from 2005. Earnings from continuing operations were $486 million, up 15% from the previous year. Cash flow from operating activities was $880 million. The acquisition of Maytag Corporation was completed in 2006 and is expected to generate over $400 million in annual efficiencies by 2008. Whirlpool aims to continue growing globally and offset rising material costs through innovation and operating efficiencies.
Whirlpool Corporation's 2006 Annual Report summarizes the company's financial performance for the year. Key highlights include:
- Net sales increased 26.3% to $18.08 billion from $14.31 billion in 2005.
- Earnings from continuing operations increased 15.2% to $486 million from $422 million in 2005.
- Total assets increased 67.2% to $13.87 billion from $8.30 billion in 2005, due to the acquisition of Maytag.
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $18 billion and operations in markets around the world.
Target Corporation's annual report for 2004 highlights the company's financial performance and strategic initiatives. Revenues grew 17% over the past 5 years to $46.8 billion in 2004. Earnings before interest and taxes grew 165% to $3.6 billion in the same period. The company sold its Mervyn's and Marshall Field's business units for $4.9 billion in pretax cash proceeds. Target also authorized a $3 billion share repurchase program. The report discusses Target's strategy of delivering quality, trend-right merchandise at compelling prices under its "Expect More. Pay Less." brand promise through product design, exclusive brands, store experience, and marketing campaigns. Target expects to operate about 2,000 stores by
1) Constellation Brands is a leading producer and marketer of beverage alcohol brands in North America and the UK.
2) In 2002, Constellation Brands reported gross sales of $3.6 billion, net sales of $2.8 billion, operating income of $342 million, and net income of $136 million.
3) As the second largest supplier of wine, beer, and distilled spirits in the US, Constellation Brands has a broad portfolio of brands that provides opportunities to satisfy consumer preferences across multiple categories of beverage alcohol.
This document provides a summary of transactions from a infrastructure fund managed by the municipality of Sabinas from January 1, 2008 to December 31, 2008. It shows the initial balance, various income and expense categories, and a monthly breakdown of deposits, withdrawals and the ending balance. In February, there were large deposits totaling over $600,000, and multiple smaller withdrawals of $250 each for scholarships issued to students. By the end of February, the ending balance was over $611,000.
State of the Economy: What happened and when will it come to an end? Christop...ECPA Events
Last year even as the US was already in a recession not only were forecasters saying we weren't in a downturn, they were predicting that the economy would be moving strongly forward by the beginning of 2009.
- Net sales increased significantly from $4.74 billion in 1999 to $7.13 billion in 2000. Net income increased slightly from $515.8 million in 1999 to $422 million in 2000.
- The Telecommunications segment saw the largest increase in revenues from $2.96 billion in 1999 to $5.12 billion in 2000, driving the overall revenue growth.
- Pro forma diluted earnings per share, which excludes certain one-time items, increased from $0.67 in 1999 to $1.23 in 2000 despite a smaller increase in net income, reflecting share repurchases.
Whirlpool Corporation reported record financial results in 2006. Revenue reached $18.1 billion, up 26% from 2005. Earnings from continuing operations were $486 million, up 15% from the previous year. Cash flow from operating activities was $880 million. The acquisition of Maytag Corporation was completed in 2006 and is expected to generate over $400 million in annual efficiencies by 2008. Whirlpool aims to continue growing globally and offset rising material costs through innovation and operating efficiencies.
Whirlpool Corporation's 2006 Annual Report summarizes the company's financial performance for the year. Key highlights include:
- Net sales increased 26.3% to $18.08 billion from $14.31 billion in 2005.
- Earnings from continuing operations increased 15.2% to $486 million from $422 million in 2005.
- Total assets increased 67.2% to $13.87 billion from $8.30 billion in 2005, due to the acquisition of Maytag.
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $18 billion and operations in markets around the world.
Target Corporation's annual report for 2004 highlights the company's financial performance and strategic initiatives. Revenues grew 17% over the past 5 years to $46.8 billion in 2004. Earnings before interest and taxes grew 165% to $3.6 billion in the same period. The company sold its Mervyn's and Marshall Field's business units for $4.9 billion in pretax cash proceeds. Target also authorized a $3 billion share repurchase program. The report discusses Target's strategy of delivering quality, trend-right merchandise at compelling prices under its "Expect More. Pay Less." brand promise through product design, exclusive brands, store experience, and marketing campaigns. Target expects to operate about 2,000 stores by
1) Constellation Brands is a leading producer and marketer of beverage alcohol brands in North America and the UK.
2) In 2002, Constellation Brands reported gross sales of $3.6 billion, net sales of $2.8 billion, operating income of $342 million, and net income of $136 million.
3) As the second largest supplier of wine, beer, and distilled spirits in the US, Constellation Brands has a broad portfolio of brands that provides opportunities to satisfy consumer preferences across multiple categories of beverage alcohol.
This document provides a summary of transactions from a infrastructure fund managed by the municipality of Sabinas from January 1, 2008 to December 31, 2008. It shows the initial balance, various income and expense categories, and a monthly breakdown of deposits, withdrawals and the ending balance. In February, there were large deposits totaling over $600,000, and multiple smaller withdrawals of $250 each for scholarships issued to students. By the end of February, the ending balance was over $611,000.
What if the oil prices crashed just as they did in 2008? What if the Peak Oil Theory is flawed? What if gasoline will be much cheaper by 2013? What if this will not mean people will use more oil when it gets cheaper? What if this is THE beginning of the end for oil? You will only find out if you see it.
The document contains charts showing the percentage of premium lubricants as part of Valvoline's branded volume from 2005 to 2009, as well as Valvoline's revenue from 2005 to early 2009. The percentage of premium lubricants increased overall during this period, ranging from a low of 15% to a high of 27.6%. Valvoline's revenue generally increased year-over-year, averaging around $130-140 million for the 12-month rolling period.
The document summarizes key topics from an LGIP quarterly meeting and conference call, including:
1) LGIP and endowment fund performance updates.
2) Proposed changes to the endowment distribution formula to provide smoother, more consistent distributions.
3) A state budget presentation reviewing Arizona's economic outlook and revenue forecasts.
4) Updates on state cash flow trends and the components driving individual income tax growth.
Target Corporation reported strong financial results in 2003, with revenues reaching $48.2 billion, an increase of 10% from 2002. Net earnings grew 12% to $1.8 billion. Target opened 101 new stores in 2003, expanding its retail square footage by 8.8% as it pursued profitable growth. The annual report discusses Target's strategies to drive guest traffic and sales, such as focusing on consumable categories and offering exclusive design partnerships. It also outlines plans to continue expanding the Target store base and pursuing other initiatives to create value for shareholders.
ASIAN CAPITAL FLOWS – INTO, OUT OF, AND WITHIN ASIA (Paige Mueller) - ULI fal...Virtual ULI
This document discusses capital flows to and within Asia from a global investor's perspective. It provides data showing trends in commercial real estate sales in Asia, with sales growing significantly since 2007. A survey of large asset managers and pension funds found that the top factors considered in making country allocation decisions are economic growth, sovereign debt issues, inflation prospects, and interest rate differentials between countries. Charts are included showing projections for economic growth in major countries and regions through 2030, with significant growth expected in China, India, and other developing economies. The rise of the global middle class is also discussed, particularly in Asia Pacific and other developing areas.
Futures markets were mixed with crude oil topping $100 per barrel and ethanol futures gaining. Physical ethanol markets were thin due to the upcoming holiday but prices ranged from $2.18 to $2.20. Corn futures gained on worries about dry weather in South America hurting future crops. Stocks rose, erasing losses for the S&P 500 index for the year.
This document is about a loan provided by Persatuan Nelayan Kawasan Muar to transform fishing. It details the loan amount of RM120,000 provided on 25 August 2008 to YSM Gelombang Enterprise. It also includes tables showing the company's monthly fish catch and earnings over time.
An Assessment Of The Effectiveness Of Library Resources And Services In Suppo...tulipbiru64
This document reports on a study that assessed the effectiveness of library resources and services in supporting researchers' information needs at a university in Malaysia. The study examined researchers' perceptions of the library's resources, services, access, and interactions. It found that researchers viewed the library's resources as fairly adequate, though new acquisitions and interlibrary loan services needed improvement. Researchers highly used electronic journals and databases but less frequently used services like reference and endnote support. The study also analyzed how researchers' demographics and library activities related to their views of the library's effectiveness.
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Introduction of e-Journal Local Hosting and Services - Dr. Kwang Young Kimtulipbiru64
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The document compares the institutional repositories of the National University of Malaysia (UKM) and the University of Liverpool (UoL). It describes the establishment of each IR, including the motivations, stakeholders involved, policies, formats and types of content accepted, and usage statistics. For UKM's eRep, submission of academic publications is mandatory, while UoL's Research Archive takes a voluntary approach. The role of librarians is also discussed.
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The document discusses trends in library collections and the increasing prominence of Asian cities and universities. It notes that library collections are becoming more similar globally due to shared purchasing and digitization, while libraries need to demonstrate distinctive value. Asian cities are gaining global influence through investments in higher education and infrastructure. The role of libraries is critical for supporting research, and increased cooperation can help redirect resources. There are opportunities to improve the visibility of Asian library collections and participation in reshaping the library supply chain.
What if the oil prices crashed just as they did in 2008? What if the Peak Oil Theory is flawed? What if gasoline will be much cheaper by 2013? What if this will not mean people will use more oil when it gets cheaper? What if this is THE beginning of the end for oil? You will only find out if you see it.
The document contains charts showing the percentage of premium lubricants as part of Valvoline's branded volume from 2005 to 2009, as well as Valvoline's revenue from 2005 to early 2009. The percentage of premium lubricants increased overall during this period, ranging from a low of 15% to a high of 27.6%. Valvoline's revenue generally increased year-over-year, averaging around $130-140 million for the 12-month rolling period.
The document summarizes key topics from an LGIP quarterly meeting and conference call, including:
1) LGIP and endowment fund performance updates.
2) Proposed changes to the endowment distribution formula to provide smoother, more consistent distributions.
3) A state budget presentation reviewing Arizona's economic outlook and revenue forecasts.
4) Updates on state cash flow trends and the components driving individual income tax growth.
Target Corporation reported strong financial results in 2003, with revenues reaching $48.2 billion, an increase of 10% from 2002. Net earnings grew 12% to $1.8 billion. Target opened 101 new stores in 2003, expanding its retail square footage by 8.8% as it pursued profitable growth. The annual report discusses Target's strategies to drive guest traffic and sales, such as focusing on consumable categories and offering exclusive design partnerships. It also outlines plans to continue expanding the Target store base and pursuing other initiatives to create value for shareholders.
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This document discusses capital flows to and within Asia from a global investor's perspective. It provides data showing trends in commercial real estate sales in Asia, with sales growing significantly since 2007. A survey of large asset managers and pension funds found that the top factors considered in making country allocation decisions are economic growth, sovereign debt issues, inflation prospects, and interest rate differentials between countries. Charts are included showing projections for economic growth in major countries and regions through 2030, with significant growth expected in China, India, and other developing economies. The rise of the global middle class is also discussed, particularly in Asia Pacific and other developing areas.
Futures markets were mixed with crude oil topping $100 per barrel and ethanol futures gaining. Physical ethanol markets were thin due to the upcoming holiday but prices ranged from $2.18 to $2.20. Corn futures gained on worries about dry weather in South America hurting future crops. Stocks rose, erasing losses for the S&P 500 index for the year.
This document is about a loan provided by Persatuan Nelayan Kawasan Muar to transform fishing. It details the loan amount of RM120,000 provided on 25 August 2008 to YSM Gelombang Enterprise. It also includes tables showing the company's monthly fish catch and earnings over time.
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This document reports on a study that assessed the effectiveness of library resources and services in supporting researchers' information needs at a university in Malaysia. The study examined researchers' perceptions of the library's resources, services, access, and interactions. It found that researchers viewed the library's resources as fairly adequate, though new acquisitions and interlibrary loan services needed improvement. Researchers highly used electronic journals and databases but less frequently used services like reference and endnote support. The study also analyzed how researchers' demographics and library activities related to their views of the library's effectiveness.
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Paper presented by Mohd Nabil Zulhemay, Rohama Mohamad Rashid and Omar Zakaria at the 4th PERPUN International Conference 2015: Information Revolution, 11-12th August 2015 at Avillion Legacy Hotel, Melaka.
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Slide presentation presented by Elsevier B.V. at the 4th PERPUN International Conference 2015: Information Revolution, 11-12th August 2015 at Avillion Legacy Hotel, Melaka.
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This document describes a proposed e-journal local hosting system and service in Korea. The system would obtain licenses from overseas publishers to provide free access to e-journal articles for member institutions of KESLI, and pay-per-view access for individual users. The system would involve collecting e-journal metadata and full-text files (PDF, XML) from publishers, loading them onto a server, and providing access through a single portal. It would also help build a long-term preservation system for electronic scholarly resources in Korea. Statistics on current e-journal collections and examples of the proposed user interfaces are also included.
Repository : A Brief Comparative Study Between The National University Of Mal...tulipbiru64
The document compares the institutional repositories of the National University of Malaysia (UKM) and the University of Liverpool (UoL). It describes the establishment of each IR, including the motivations, stakeholders involved, policies, formats and types of content accepted, and usage statistics. For UKM's eRep, submission of academic publications is mandatory, while UoL's Research Archive takes a voluntary approach. The role of librarians is also discussed.
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The document discusses trends in library collections and the increasing prominence of Asian cities and universities. It notes that library collections are becoming more similar globally due to shared purchasing and digitization, while libraries need to demonstrate distinctive value. Asian cities are gaining global influence through investments in higher education and infrastructure. The role of libraries is critical for supporting research, and increased cooperation can help redirect resources. There are opportunities to improve the visibility of Asian library collections and participation in reshaping the library supply chain.
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Dokumen ini membahas tentang penghasilan ilmu pengetahuan oleh pustakawan di Malaysia berdasarkan bukti. Dokumen ini menganalisis artikel yang ditulis oleh pustakawan Malaysia di portal MyAIS dari tahun 1982 hingga 2010 untuk mengidentifikasi penulis produktif, subjek populer penulisan, dan metode untuk meningkatkan budaya penulisan di kalangan pustakawan. Hasil kajian menunjukkan bahwa Zainab Awang Ngah adalah penulis
This document shows two line graphs comparing federal revenue as a percentage of GDP and annualized unchained GDP growth in the United States from 1947 to 2012. Federal revenue as a percentage of GDP fluctuated between 15-20% for most of the period, while annualized GDP growth was typically between 2-4%, occasionally dipping below 2% or rising above 4%.
The document discusses trends in US debt levels from 1966-2012 under different presidential administrations. It notes that debt incurred per dollar of GDP grew substantially under Reagan, reaching 50 cents per dollar of GDP by the end of his term. Under George W. Bush, debt levels grew further to 66 cents per dollar of GDP. Under Obama, debt has grown the fastest of any president, reaching $1.02 per dollar of GDP currently and $2.84 total for his first term. However, economic indicators like jobs, incomes and stock prices have not improved commensurately with the increased borrowing.
1. $0.00
$0.10
$0.20
$0.40
$0.50
$0.60
$0.70
$0.90
$0.30
$0.80
1966-01-01
1967-02-01
1968-03-01
1969-04-01
1970-05-01
1971-06-01
1972-07-01
1973-08-01
1974-09-01
1975-10-01
1976-11-01
1977-12-01
1979-01-01
1980-02-01
1981-03-01
1982-04-01
1983-05-01
1984-06-01
1985-07-01
1986-08-01
1987-09-01
1988-10-01
1989-11-01
1990-12-01
1992-01-01
that our economy produces, we borrowed 80 cents.
1993-02-01
Debt Incurred per Dollar of GDP
1994-03-01
1995-04-01
1996-05-01
1997-06-01
1998-07-01
1999-08-01
2000-09-01
2001-10-01
2002-11-01
2003-12-01
2005-01-01
2006-02-01
2007-03-01
GDP – by the end of 2008 this number grew to 80 cents. So for every dollar
2008-04-01
As of 1966 the United States incurred about 42 cents of debt for every dollar of
2. $0.00
$0.10
$0.30
$0.40
$0.50
$0.60
$0.20
1980-04-01
1980-07-01
1980-10-01
1981-01-01
1981-04-01
1981-07-01
1981-10-01
1982-01-01
1982-04-01
1982-07-01
1982-10-01
1983-01-01
1983-04-01
1983-07-01
1983-10-01
1984-01-01
1984-04-01
1984-07-01
1984-10-01
1985-01-01
1985-04-01
1985-07-01
1985-10-01
cents for every dollar that the US economy generated.
1986-01-01
1986-04-01
1986-07-01
Dollar of Debt per Dollar of GDP Under Reagan
1986-10-01
1987-01-01
1987-04-01
1987-07-01
1987-10-01
1988-01-01
1988-04-01
1988-07-01
Under President Reagan, this number grew from about 32 cents per dollar of
GDP to just over 50 cents. During his presidency, Ronald Reagan borrowed 71
1988-10-01
1989-01-01
3. Dollar of Debt per Dollar of GDP Under Bush II
$0.68
$0.66
$0.64
$0.62
$0.60
$0.58
$0.56
$0.54
$0.52
$0.50
2001-04-01
2001-10-01
2002-01-01
2002-04-01
2002-10-01
2003-01-01
2003-04-01
2003-07-01
2003-10-01
2004-01-01
2004-04-01
2004-07-01
2005-01-01
2005-04-01
2005-07-01
2005-10-01
2006-01-01
2006-04-01
2006-07-01
2006-10-01
2007-04-01
2007-07-01
2007-10-01
2008-01-01
2008-04-01
2008-07-01
2008-10-01
2009-01-01
2001-07-01
2002-07-01
2004-10-01
2007-01-01
Under George W. Bush, this number continued to grow, as we borrowed 66
cents for every dollar of GDP by the end of his second term. In 8 years, George
W. Bush borrowed $1.42 for every dollar that our economy generated – this
means that we were growing our debt faster than our economy was growing
4. $0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
2009-04-01
2009-05-01
2009-06-01
2009-07-01
2009-08-01
2009-09-01
2009-10-01
2009-11-01
2009-12-01
2010-01-01
2010-02-01
2010-03-01
2010-04-01
2010-05-01
2010-06-01
2010-07-01
2010-08-01
2010-09-01
2010-10-01
2010-11-01
2010-12-01
2011-01-01
2011-02-01
2011-03-01
2011-04-01
2011-05-01
2011-06-01
Dollar of Debt per Dollar of GDP Under Obama
2011-07-01
2011-08-01
2011-09-01
2011-10-01
2011-11-01
2011-12-01
2012-01-01
2012-02-01
2012-03-01
Obama has borrowed $2.84 for every dollar generated by our economy.
compounded annual growth rate of 6.4%. Since he took office, President
dollar that our economy generates. In 4 years, this number has grown at a
2012-04-01
The United States, under President Obama, is now borrowing $1.02 for every
5. Here is a Side-by-Side Comparison of
Each President’s First Term
5000.0 $2.84 $3.00
4500.0
$2.50
4000.0
3500.0
$2.00
3000.0
2500.0 $1.50
2000.0
$0.81 $1.00
1500.0 $0.72
$0.57
1000.0
$0.50
500.0
0.0 $0.00
Reagan Clinton GWB Obama
Incremental GDP Incremental Debt Debt per Dollar of GDP (Right Axis)
8. More Full-Time Jobs?
Non-Farm Payrolls: Full-Time Jobs
117,000
116,000
115,000
114,000
113,000
112,000
111,000
110,000
109,000
108,000
107,000
Oct-09
Oct-10
Oct-11
Apr-09
Apr-10
Apr-11
Apr-12
Jan-09
Jan-12
Jan-10
Jan-11
Jul-09
Jul-12
Jul-10
Jul-11
We in Fact have LESS Full-time Jobs – All
the Jobs Created Since 2009 Have Been
Part-Time Jobs
9. At Least Reagan Created Some Jobs
with The Debt he Incurred
Non-Farm Payrolls
108,000
106,000
104,000
102,000
100,000
98,000
96,000
94,000
Oct-81
Oct-82
Oct-83
Apr-81
Apr-82
Apr-83
Apr-84
Jan-81
Jan-84
Jan-82
Jan-83
Jul-81
Jul-84
Jul-82
Jul-83
An Increase of 5.5 Million Jobs at the
Same Point in His Presidency – 4.5
Million of Which Were Full-time Jobs
11. 0.00
0.20
0.40
0.60
0.80
1.00
1.20
2009-01-01
2009-04-01
2009-07-01
2009-10-01
2010-01-01
2010-04-01
2010-07-01
2010-10-01
2011-01-01
2011-04-01
2011-07-01
S&P 500 Priced in Gold
2011-10-01
Gold than in 2009! 2012-01-01
2012-04-01
2012-07-01
2012-10-01
One Share of the S&P 500 Buys LESS
Not When Priced in Ounces of Gold!
12. And Not When Priced in Barrels of Oil!
S&P 500 Priced in Oil
25.0
20.0
15.0
10.0
5.0
0.0
One Share of the S&P 500 Buys 25%
LESS Oil than in January of 2009!
13. But Personal Incomes are up, Right?
Real Disposable Personal Income
$10,400
$10,300
$10,200
$10,100
$10,000
$9,900
$9,800
$9,700
$9,600
$9,500
$9,400
$9,300
2009-01-01
2009-04-01
2009-07-01
2010-01-01
2010-07-01
2010-10-01
2011-01-01
2011-04-01
2011-10-01
2012-04-01
2012-07-01
2009-10-01
2010-04-01
2011-07-01
2012-01-01
By .72% Per Year – Less Than the Rate
of Inflation
14. Is This What a Recovery Looks Like?
Labor Force Participation Rate
66.0%
65.5%
65.0%
64.5%
64.0%
63.5%
63.0%
62.5%
62.0%
Oct-09
Oct-10
Oct-11
Apr-10
Apr-11
Apr-09
Apr-12
Jan-10
Jan-11
Jan-09
Jan-12
Jul-09
Jul-10
Jul-11
Jul-12
15. Perhaps a Longer View Might Help
Labor Force Participation Rate is the
Lowest it’s Been in 30 Years
16. Four Years of Hope and Reckless
Borrowing and Spending…
AND NO NEW JOBS
WE NEED MORE THAN HOPE
17. Sources
• Federal Reserve Economic Data
– http://research.stlouisfed.org/datatools.html
• Bureau of Labor and Statistics
– http://bls.gov/webapps/legacy/cpsatab9.htm