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THE ECONOMY.(TO THE POINT)
Dallas Fed: housing "unsettling'
Dallas Fed President Richard Fisher noted the "unsettling price increase we are seeing in certain housing markets." He also said the U.S. current account deficit is a worry, along with paying for Social Security, Medicare and Medicaid. But "it would not be immodest for Americans to say the U.S. economy shines brightly." He said two reasons are global competition and the Fed's independence.
** China's economic rise isn't necessarily at the expense of the U.S., Fisher stressed. "We have proven time and time again that we thrive when we face up to the challenge of vigorous competition."
Consumer sentiment flat in July
The University of Michigan's consumer sentiment index was 96.5, the same as an early July reading and just up from 96 in June. Views on current and future conditions both rose. Confidence gauges have been mixed. The IBD/TIPP Economic Optimism Index and the Consumer Confidence Index fell last month. But the latest weekly ABC/Washington Post poll rose to a 2005 high.
** A leading U.S. index held ...
- Dallas Fed Publication Explores the Texas Economy, Small Banks And Maquiladoras.
- Press release article from: PR Newswire February 6, 2004 700+ words
...For example, business conditions are improving for some sectors of the Texas economy, consumer spending and consumer confidence are rising, initial claims for unemployment insurance are trending downward, and firms are expressing an increased...
- Dallas Fed's new president begins today.
- Newspaper article from: Dallas Morning News (Dallas, TX) April 4, 2005 700+ words
...economic policy and homespun haikus. Dallas Fed staffers don't necessarily expect poetry...copy of McTeer," said Mine Yucel, the Dallas Fed's vice president and senior economist...different." The 12th president of the Dallas Fed, Fisher is a former top-ranking trade...
- Dallas Fed: Manufacturing's growth bodes well.
- Newspaper article from: Dallas Morning News (Dallas, TX) November 29, 2005 700+ words
...manufacturing indicator, created by the Dallas Fed. For November, the Texas Manufacturing...the country," said Fiona Sigalla, Dallas Fed economist. "Firms will consolidate...measuring economic activity. In August, the Dallas Fed introduced a new consumer price gauge...
- Dallas Fed Conference to Spotlight Texas-Mexico Border Banking.
- Press release article from: PR Newswire April 18, 2007 700+ words
...The conference is sponsored by the Dallas Fed's San Antonio Branch. Participants...border banking. Harvey Rosenblum, Dallas Fed executive vice president and director...Other speakers include Edward Skelton, Dallas Fed; Pascual O'Dogherty, Banco de Mexico...
- Dallas Fed Says Latest Trimmed Mean PCE Inflation Rate Favorable News.
- Press release article from: PR Newswire September 29, 2006 700+ words
...President and CEO Richard Fisher. The Dallas Fed's Trimmed Mean PCE for August fell...the Bureau of Economic Analysis. The Dallas Fed believes the Trimmed Mean measurement...Trimmed Mean is calculated monthly by the Dallas Fed as an alternative measure of core inflation...
- Federal Reserve Board Reappoints Chair and Deputy Chair of Dallas Fed.
- Press release article from: PR Newswire October 30, 2003 700+ words
...the unexpired portion of a three-year Dallas Fed board term ending Dec. 31, 2001. After...term. Hunt previously served on the Dallas Fed's board from 1998 to 1999. He resides...Investments Inc., was appointed to the Dallas Fed board in January 2000. Patterson has...
- Dallas Fed Conference to Focus on Business Opportunities Available to Serve the...
- Press release article from: PR Newswire September 17, 2004 700+ words
...to Financial Services" will be at the Dallas Fed, 2200 N. Pearl St., from 8:30 a...Suro, director, Pew Hispanic Center. Dallas Fed President and CEO Robert D. McTeer Jr...confirmed speakers can be found on the Dallas Fed web site at http://www.dallasfed...
- Dallas Fed Introduces Improved Consumer Price Inflation Gauge.
- Press release article from: PR Newswire August 2, 2005 700+ words
...Consumption Expenditures (PCE) index. The Dallas Fed inflation gauge is the first of its kind...prices," according to Jim Dolmas, the Dallas Fed economist who developed the new measure...for the Consumer Price Index, the new Dallas Fed inflation gauge is the first of its kind...
- Dallas Fed Researches the Border Economy.
- Press release article from: PR Newswire July 3, 2001 700+ words
...a more knowledge-based one," says Dallas Fed President Bob McTeer in a letter introducing...economic environment. The authors, mainly Dallas Fed economists, document job growth and...illegal immigration. Mine Yucel, a Dallas Fed senior economist, assistant vice president...
- Dallas Fed: Manufacturing growth slows.
- News wire article from: Europe Intelligence Wire October 30, 2006 700+ words
...Reserve Bank of Dallas said Monday. The Dallas Fed's production index for its district...after September's 4.9. Hiring in the Dallas Fed district grew more quickly, with the...3 a month ago. Manufacturing in the Dallas Fed district represents a notable portion...
