Refine Search

  •  
  •  
US shows solid third-quarter growth, but spending weakens

...rapidly than anticipated in the summer but for the wrong reason, due to an unwanted buildup in inventories" said Sung Won Sohn, an economics professor at the Martin Smith School of Business at California State University.Many analysts forecast...

http://chronicle.augusta.com/news/business/2013-11-07/us-shows-solid-third-quart
Sluggish sales numbers raise economic worries

...emerged from the recession in June 2009, many consumers remain reluctant to buy goods that aren't discounted, said Sung Won Sohn, an economist at California State University. Sohn noted that JC Penney's former CEO, Ron Johnson, learned that...

http://chronicle.augusta.com/news/business/2013-08-15/sluggish-sales-numbers-rai
Fed is expected to maintain bond-buying pace until early next year

...first meeting with Yellen in charge."I think they will wait until March when they have a new team in place," said Sung Won Sohn, an economics professor at the Martin Smith School of Business at California State University.He added, though...

http://chronicle.augusta.com/news/business/2013-12-17/fed-expected-maintain-bond
Federal Reserve won't adjust stimulus

...perhaps before year's end."Tapering will come sooner rather than later, assuming that the economy cooperates," Sung Won Sohn, an economist at California State University Channel Islands, wrote in a research report. "The economy is steady...

http://chronicle.augusta.com/news/business/2013-09-18/federal-reserve-wont-adjus
FedEx says global economy is stalling, cuts outlook

...keep trade volumes trailing growth in the world's economies, mimicking a trend seen in the last two recessions.Sung Won Sohn, an economics professor at the Martin Smith School of Business at California State University, agrees with that forecast...

http://chronicle.augusta.com/news/business/2012-09-18/fedex-says-global-economy-
Higher interest rates to touch many sectors of economy

...The CBO expects it to average 2.1 percent this year, 2.7 percent in 2014 and keep rising to 4 percent by 2018.Sung Won Sohn, an economics professor at the Martin Smith School of Business at California State University, said those projections...

http://chronicle.augusta.com/news/business/2013-06-20/higher-interest-rates-touc
Flat incomes, low spending concern retailers

...very weak. Consumers are in no position or mood to spend. Their wages are down and they can't get credit," said Sung Won Sohn, an economics professor at California State University's Smith School of Business. Concerns about the economy sparked...

http://chronicle.augusta.com/stories/2009/10/31/bus_553896.shtml
Business
Stock investors must adjust to reality in 2005

...factor likely to work in the market's favor in the coming year is there will be less uncertainty than in 2004, said Sung Won Sohn, the chief economist at Wells Fargo in Minneapolis. With the presidential election decided, terrorism concerns diminishing...

http://chronicle.augusta.com/stories/2004/12/26/fin_438145.shtml
Finance
News is good but the markets are flat; are investors growing up?

...maturity than in the past. "The market is behaving very well because investors are getting what they expected," said Sung Won Sohn, chief economist at Wells Fargo in Minneapolis. Even Federal Reserve chairman Alan Greenspan, who famously warned...

http://chronicle.augusta.com/stories/2003/11/08/fin_389596.shtml
Finance
Growth not enough to create new jobs

...year. Many economists say the economy is growing even more slowly now."The economy has lost some steam," said Sung Won Sohn, an economist at California State University, Channel Islands. "Some of the pistons in the engine are sputtering...

http://chronicle.augusta.com/news/business/2010-07-30/growth-not-enough-create-n
Business