News

Keeping you in the loop.

Resort Hotel Association Conference (July 2016)

07.11.2016

On July 11, Jeffrey Carr of EPR gave a presentation on the economic outlook for the United States—with a focus on the tourism industry—at the Resort Hotel Association's annual conference in Pebble Beach, California.

Mr. Carr's presentation is available as a PDF below:


PDF

BLS Releases June 2016 Employment Situation (July 2016)

07.08.2016

The Bureau of Labor Statistics has released employment data for June 2016. Unemployment rose 0.2 percentage points to 4.9%, though nonfarm payroll employment increased by 287,000.

Employment rose in the information sector after workers returned from a strike. There was also job growth in leisure and hospitality, health care and social assistance, and financial activities.

The full release is available as a PDF below:


PDF

BEA Releases Third Estimate of Q1 GDP and Revised Corporate Profits Estimate (June 2016)

06.28.2016

The Bureau of Economic Analysis has released its third estimate of first quarter 2016 gross domestic product and revised estimate of first quarter corporate profits.

The third estimate of GDP, based on more complete data, shows GDP increasing at an annual rate of 1.1%, which is up from 0.8% in the second estimate and 0.5% in the advance estimate. This is still a slight deceleration, however, from fourth quarter 2015, which saw GDP increasing at an annual rate of 1.4%. The data used in the third estimate paint a similar general economic picture, but show an increase in exports.

The revised estimate of corporate profits shows a greater increase of $34.7 billion, which is up from the preliminary estimate of $6.5 billion. This increase shows a great contrast with the $159.6 billion decrease seen in the fourth quarter of 2015.

The full report is accessible via the link below:


Web 

The Forensic Economist, An Economic Newsletter for Lawyers: Business Losses: Legal Framework, Economic Concepts (June 2016)

06.21.2016

Business Losses:  Legal Framework, Economic Concepts


PDF

BLS Releases May 2016 Consumer Price Index (June 2016)

06.16.2016

The Bureau of Labor Statistics has released Consumer Price Index data for May. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in May.

The food index saw a decline of 0.2% as a result of the decline in all six major grocery store food group indexes. The gasoline index, however, rose 2.3%, driving an increase of 1.2% in the energy index.

The full report is available as a PDF below:


PDF

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BLS Releases May...

According to the Bureau of Labor Statistics, the Consumer Price Index for all urban consumers (CPI-U) decreased 0.1 percent in May on a seasonally-adjusted basis.  A decrease in the energy index was the main contributor...


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