Economists say Georgia must work to stay competitive

...climb out of the recession, Georgia's future economic development will see fierce competition from surrounding states, economist Roger Tutterow said Thursday.Tutterow was joined by Georgia Budget and Policy Institute Executive Director Taifa Smith Butler...

Part-timers turn attention to sick leave policies

...effect on employers' ability to innovate and be creative with their leave options," she said.Eileen Appelbaum, senior economist at Center for Economic and Policy Research, says mandated sick pay has not had a negative impact on some companies that have...

US home sales slide in April due to few properties on market

...housing," said Jennifer Lee, a senior economist at BMO Capital Markets. "But with prices...home values accelerate too quickly, economists warn that more buyers will be priced...The additional income has led to many economists to forecast an increase in home sales...

Home Depot nails it 1Q as housing rebound emerges

...Tuesday, the U.S. released housing data that backed up economist predictions of a housing market that is about to take off...The government releases new home sales data Tuesday and economists believe housing starts last month climbed 10.2 percent to...

US homebuilders' confidence in sales prospects ebbs

...Consumers are exhibiting caution, and want to be on more stable financial footing before purchasing a home," said NAHB Chief Economist David Crowe.Sales of new U.S. homes plummeted 11.4 percent in March, as the spring buying season opened with sharp...

US home construction surges to fastest pace since 2007

...fortunes going forward," said Michael Dolega, a senior economist at TD Bank.The hints of a healthier economy follow a bleak...worth of available homes, compared with six months in what economists would consider a healthy market. Further strong construction...

Business news

...Cacique, giving the combined company annual sales of $7.3 billion.BIRD FLU COULD cost nearly $1 billion in the economies of the two states hardest hit, Minnesota and Iowa, economists said Monday, and the virus is still spreading.

2 former lawmakers tell senators SC must produce more educated workers to be competitive

...non-degreed professional certifications.What fields students pursue also matters, said Joseph Von Nessen, a research economist at the University of South Carolina and a co-author of the study."We need to steer people toward the STEM fields...

US industrial output falls for 5th month on lower drilling

...softness in international demand," said Jesse Hurwitz, an economist at Barclays.Auto production rose 1.3 percent, a solid...contracted by as much as 1 percent at an annual rate.Still, economists think manufacturing should recover later this year once the...

Regaining strength: Emerging-market funds cruising again

...have returned 13 percent in reals. But the real has been tumbling in value, so they are close to flat in dollar terms. Economists say Brazil's economy is on pace to contract this year, a drought is sapping its water reserves and a kickback investigation...