economic growth News

Why Women Are Key to Long-Term U.S. Economic Growth: S&P

As the U.S. economy continues its over eight-year expansion, analysts at S&P Global say they have an answer as to how to boost GDP growth along with labor force participation and productivity. The answer is women. In a report titled …

Nevada Expected to See Jobs, Population Growth

Jobs are growing in Nevada, and more people are coming to fill them, according to the state demographer. State demographer Jeff Hardcastle said Nevada’s recovery was slow compared with the rest of the country, The Nevada Appeal reported. “Nevada has …

What They’re Saying About Non-Manufacturing Economic Activity

Economic activity in the U.S. non-manufacturing sector grew in August for the 79th consecutive month, according to the nation’s purchasing and supply executives in the Non-Manufacturing Institute for Supply Management’s latest monthly “Report On Business.” The non-manufacturing index (NMI) registered …

Data: Connecticut, Maine Have Slow Economic Growth

Economic growth in New England has been slowest in Connecticut and Maine since the end of the recession in 2009, according to new federal statistics released Wednesday. Quarterly gross domestic product — the value of all goods and services — …

5-Year Plan Targets Business Growth in New Orleans

New Orleans officials have unveiled a five-year economic development plan targeting key industries, creating jobs and strengthening the economy through workforce training and support programs for small businesses. The Times-Picayune reports the initiative, called ProsperityNOLA, was developed by a task …

Best Sees No Ratings Change for UK Insurers Following Moody’s Downgrade

A.M. Best Europe – Rating Services Ltd. said it “does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade.” Best was referring to the announcement on February 22, …

Allianz Nat Cat Analysis: Economic Growth a Major Factor for Increased Losses

Experts on natural catastrophe risk at Allianz have highlighted the growing trend in insured losses arising from natural catastrophes worldwide in a risk briefing – the “Allianz Risk Pulse: Focus Natural Catastrophes.” Allianz points out that the “average annual cost …