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Janet Yellen says job market shows economy still needs Fed support

...Uncertainty is the key word," said Ian Shepherdson, the chief economist at Pantheon Economics. "Yellen is not about to leap...without necessarily igniting inflation.John Silvia, chief economist at Wells Fargo, said Yellen's remarks confirmed...

http://chronicle.augusta.com/news/business/2014-08-22/janet-yellen-says-job-mark
Commercial real estate outlook shining brighter

...1 percent."Gross domestic product should expand closer to 3 percent for the remainder of the year," said NAR chief economist Lawrence Yun. "The improved lending for commercial loans and continuing job gains we've seen this spring bode...

http://chronicle.augusta.com/news/business/local-business/2014-08-15/commercial-
US retail sales basically flat in July; recent job growth fails to boost consumer spending

...Consumers just don't have the cash flow to finance sustained gains above 4 percent," said Ian Shepherdson, the chief economist at Pantheon Macroeconomics.The weak sales in July mean that consumer spending is off to a slow start in the third...

http://chronicle.augusta.com/news/business/2014-08-13/us-retail-sales-basically-
Local resale and rental investments picking up

...quickly along with a declining availability of discounted foreclosures over the course of the year," said NAR's chief economist, Lawrence Yun. "In 2011 and 2012, investment property was a no-brainer because home prices had sharply over-corrected...

http://chronicle.augusta.com/news/business/local-business/2014-08-08/local-resal
Even as jobs return, lagging incomes and home equity leave many Americans feeling glum

...a week. But the trend might also reflect a lasting shift among restaurants and coffee shops, said John Silvia, chief economist at Wells Fargo."A lot of companies have figured out that they didn't need employees to sell coffee between 2...

http://chronicle.augusta.com/news/business/2014-07-31/even-jobs-return-lagging-i
Survey: US companies add 218,000 jobs in July

...percent, according to a survey by FactSet."It feels to me like the job market is humming," said Mark Zandi, chief economist at Moody's Analytics, which helps compile the report.The job gains were mostly broad-based. Construction added...

http://chronicle.augusta.com/news/business/2014-07-30/survey-us-companies-add-21
US economy grew at strong 4 percent rate

...through the first five years of recovery from the Great Recession, which officially ended in June 2009.Mark Zandi, chief economist at Moody's Analytics, said he thinks growth could accelerate to above 4 percent in 2015. He said he expects support...

http://chronicle.augusta.com/news/business/2014-07-30/us-economy-grew-strong-4-p
Across US job market, layoffs are becoming rare

...dropped to 302,000 from 348,500 when the year began."In the weeks that follow," said Michelle Girard, the chief economist at the Royal Bank of Scotland, "claims look likely to hold at or below the 300,000 mark."The sharp decline...

http://chronicle.augusta.com/news/business/2014-07-24/across-us-job-market-layof
If other countries sneeze, will US catch a cold? An expert's case for US recession next year

...percent of people's income.Whether all this means a U.S. recession is a different matter.Steven Ricchiuto, chief economist at Mizuho Securities, also thinks people are missing signs of a coming global slowdown, but that the U.S. economy...

http://chronicle.augusta.com/news/business/2014-07-22/if-other-countries-sneeze-
Millennials buying homes later

...homeownership for young people," said Jed Kolko, chief economist at Trulia.The analysis suggests that the recession...industry has to explain poor sales.Lawrence Yun, chief economist at the National Association of Realtors, blames the...

http://chronicle.augusta.com/news/business/2014-07-16/millennials-buying-homes-l