HARTFORD, Conn., Oct. 12, 2011 /PRNewswire/ -- The downtrend in economic indicators, along with declining investment income projections are principal conditions guiding Conning's latest Property-Casualty Forecast & Analysis edition. Conning's 2011 premium growth forecast has decreased with the sliding economy to only 2 percent to 3 percent," said Clint Harris, analyst at Conning Research & Consulting. "The industry forecast combined ratio, north of 106 percent, includes additional deterioration in the underwriting results and adjustments for the record catastrophe activity of the second quarter. Of course we are closely watching second-half tropical storm results.
In an effort to help ACA International members cut through the noise and understand what's really going on with the economy, I am pleased to announce Each quarter, noted economist Dr. [Ken Mayland] will provide an analysis of economic trends and offer his perspective. He will explain what all of the key data means in terms that are simple to understand. For the "number junkies" he will also includes a few charts and his forecast for key economic indicators. USA Today recognized Dr. Mayland as one of the top 10 economic forecasters for 2003 and 2005; Bloomberg honored him as the nation's top forecaster in 2003 and 2004; and BusinessWeek named him the most accurate forecaster for 2006. As I hope you can tell, I'm very excited to bring Dr. Mayland's thoughtful, expert ...
Ths use of temporary workers enhances labor flexibility for firms. Compared with permanent employment arrangements, temporary employment arrangements allow firms to use labor for a shorter period without being responsible for workers' benefits or the costs associated with hiring or firing. The use of such temporary workers is growing rapidly. It has also spread across industries -- from manufacturing to services -- and occupations, including construction workers, registered nurses, and information technology technicians. Empirical studies assessing to what extent firms use temporary or permanent workers to accommodate fluctuating labor requirements have been scarce. The data suitable to study such topics are limited, despite the growing interest by researchers and governmental agencies ...
... employment, along with other leading indicators, to better forecast economic activity. At the nati...
...Fortunately, certain economic indicators or indices enable decision makers to forecast onco...
The New Orleans metro area added 11,700 jobs in the third quarter of 2008 over the same quarter in 2007, a gain of 2.3 percent that bucks the national trend. That's according to the University of New Orleans' Division of Business and Economic Research, which today released its "Metropolitan Report: Economic Indicators for the New Orleans Area," an economic forecast through the third quarter of 2010.
* A private sector group's index of leading economic indicators fell more than expected in March, but the forecast called for the recession's intensity to ease this summer. The Conference Board said that its monthly forecast of economic activity fell 0.3 percent in March and has not risen in nine months.
AUGUSTA - Gov. John Baldacci and representatives of FairPoint Communications unveiled a new economic development modeling tool on Monday that they hope will help local community planners. The modeling tool, known as the Mobilize Maine Initiative, uses computer databases and spreadsheets to provide local economic development planners with current economic indicators. That information then may be used to forecast the effects of economic changes, such as a company moving into or out of the region.
The International Monetary Fund slightly upgraded its forecast for the U.S. economy Monday but cautioned that both financial and economic indicators remain weak and warned of significant downside risk to a recovery that will already be sluggish by historical standards. The IMF now expects the U.S. economy will decline by 2.5 percent this year, not as steep as the 2.8 percent drop it projected in April. While its April forecast called for zero growth in 2010, its recent review projects that the economy will now grow by 0.75 percent next year.
In the 2009 Business Perspectives forecast, the author indicated that prospects did not appear favorable for economic improvement in 2009. According to almost all indicators, Louisiana saw significant deterioration in its economic condition over the course of last year. Throughout the year, the number of employed persons trended down, and by the end of the year, there had been an additional loss of over 46,900 (-2.4%) nonfarm jobs after seasonal adjustment. The seasonally adjusted unemployment rate rose from 5.5% at the end of 2008 to 7.5% in 2009, which, although better than the national rate of 10%, still indicated that many additional Louisiana residents had fallen on hard times and lost their jobs. Just as other states, Louisiana faces a tax revenue nightmare and has recognized that...
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