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• Naroff heads B'nai B'rith luncheon

  - 2007-10-17

  Joel L. Naroff, Chief Economist, Commerce Bank, will speak at the B'nai B'rith Real Estate Unit luncheon on Wednesday, November 7, noon, at the Cornell Club, 6 East 44th Street. His topic is "The Economy and Real Estate Market: Is the End Near?" Naroff was named "Forecaster of the Year"...

  Tags: Bloomberg L.P., CNBC, economist, MSNBC, USA Today

• Will There Be a Recession? Economists Weigh In

  - 2007-10-10

  How wide and how severe will the fall out from this summer's sub-prime meltdown be? That's the question occupying a great many minds in the financial world. They've got a lot of numbers to crunch, from the rise in new jobs in September, to the markets' big rally on Monday,...

  Tags: Business Operations, Financial Services, Real Estate, LA Times, Sector, Bloomberg L.P., Consumer Confidence, Commercial Real Estate, Economist, U.S., Jessica Stillman

• Chief Economist: Housing, Oil Prices Could Hurt Economy Until 2009

  - 2007-09-13

  To: REAL ESTATE EDITORSContact: Rick Ostopowicz, Euler Hermes ACI Public Relations and Communications Specialist, +1-410-753-0652, rick.ostopowicz@eulerhermes.com OWINGS MILLS, Md., Sept. 13 /PRNewswire/ -- The "decimated" housing market will continue to cause issues for the nation's economy and will not see any improvement until 2009, according to the Chief Economist for...

  Tags: Bloomberg L.P., economist, Federal Reserve Board, FINANCE, Insurance, receivables

• U.S. Payrolls Grow by 75,000 in May As Unemployment Rates Falls to 4.6%

  - 2006-06-12

  Bloomberg NewsThe U.S. economy added 75,000 jobs in May, following a revised 126,000 April increase that was lower than the government initially reported. Labor Department figures showed.Labor also said the unemployment rate fell to 4.6% last month from 4.7%, but wage growth slowed, suggesting employers were wary of stepping up...

  Tags: Benefits, Bloomberg L.P., economist, Federal Reserve Board, FINANCE, inflation, salary, survey, U.S. Department of Labor, unemployment

• Manufacturing Sector Expands at Slower Pace in March

  - 2006-04-10

  Bloomberg NewsU.S. manufacturing grew less rapidly in March as prices jumped, setting the economy on course for the first three-year stretch of inflation above the Federal Reserve's preferred range since 1995.The Institute for Supply Managements factory index fell to 55.2 last month from 56.7 in February. Readings on ISM indexes...

  Tags: Bloomberg L.P., economist, Federal Reserve Board, FINANCE, inflation, Manufacturing

• Employers Add 274,000 Workers to Payrolls in April

  - 2005-05-16

  Bloomberg NewsU.S. employers added 274,000 workers in April - 100,000 more than economists expected - as companies shrugged off higher oil costs and bet the economy would bounce back from a firstquarter slowdown.The Department of Labor on May 6 also boosted its initial estimate for job growth in March and...

  Tags: bank, Bloomberg L.P., economist, Federal Reserve Board, job, payroll, worker

• Homebuilders less optimistic

  - 2004-09-21

  An index of U.S. homebuilder optimism fell more than expected this month after reaching the highest level of the year in August, a private survey showed. The National Association of Home Builders said its measure of builder confidence in demand for single-family houses was 68, compared with...

  Tags: bank, Bloomberg L.P., economist, Federal Reserve Board, Lennar Corp., MARKETING, SALES, survey

• Services sector unexpectedly hot

  - 2004-05-06

  An index of U.S. service industries unexpectedly rose to a record in April and more companies were hiring than at any time since November 2000, a private survey showed. The Institute for Supply Management's index of financial services, construction, retail and other non-manufacturing enterprises that make up...

  Tags: Bloomberg L.P., economist, Federal Reserve Board, job, MARKETING, survey, U.S.

• Unemployment claims decline

  - 2004-04-30

  The number of Americans filing initial claims for jobless benefits fell last week to 338,000 as more companies held on to workers to meet demand in a growing U.S. economy, a government report showed. Initial claims fell by 18,000 from a revised 356,000 the week before, the...

  Tags: benefit, Bloomberg L.P., economist, Federal Reserve Board, job, MARKETING, survey, Transportation, U.S.

• U.S. jobless rate takes a rise

  - 2004-01-09

  The number of Americans filing first-time applications for state unemployment benefits rose by 14,000, the first increase in four weeks, the government said. Initial jobless claims reached 353,000 in the week that ended Saturday, up from 339,000 a week earlier, the Labor Department reported in Washington. The...

  Tags: Bloomberg L.P., economist, MARKETING, median, survey, U.S. Department of Labor