Saturday, August 6, 2011

A drier August: The new normal.

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A drier August: The new normal.
Washington Post
The rainfall totals at National Airport have been falling for this month since records began in 1942. Meteorologists use 30-year averages to define normal rainfall patterns. Source: NOAA. Patterson Clark and Dan Keating/The Washington Post. ...
Soft economy 'new normal' for Australia - expert
Herald Sun
And I think that's part of the new normal for Australia." The Australian share market slumped by about four per cent on Friday, matching similar hefty falls in Europe and on Wall Street on Thursday, in the worst sell-off since the depths of the global ...
Hiring in a down economy
Westfair Online
The question is, what is the “new” normal like? The economy goes through cycles, of course, but this one is stranger than most. Perhaps when it is really over we will look back and gain a better understanding of what happened. For now, many businesses ...
Jobless Rate Steadies but Number of Workers at Lowest Rate Since '83
AdvisorOne
(Photo: AP) The economy added 117000 jobs in July, slightly beating consensus estimates, but still short of the 130000 to 150000 needed to keep up with population growth in the latest sign of “new normal” economic conditions. ...
CNBC's Santelli Corrects Ezra Klein's Economics
NewsBusters (blog)
I think we should let this play out as it's playing out, and once we come to a new normal or a new stable foundation, maybe at lower equity rates, maybe at lower interest rates, that at that point maybe we can actually see congress, maybe it would be ...
Three-month trustee resigns for job in California
TribLocal
He began campaigning for the trustee position in December last year, saying the community needs to be more business-friendly while working within the “new normal” of the economic climate. In the meantime, he applied for jobs in the Chicago area. ...
Do you commit 'financial infidelity'?
Mid-Day
"Financial infidelity may be the new normal," the Daily Mail quoted Forbes.com, which commissioned the survey with the National Endowment for Financial Education, as saying. One-third of respondents also said they have been deceived, and both sexes lie ...
Weekly Review: Depression 2.0?
NASDAQ
Earnings - When the Great Recession hit, business was caught out of position, with difficulty in making adjustments for the New Normal. We have seen great earnings recovery - much better than the economy. But we are at the end of the high rate of ...
Montgomery unions in retreat
Washington Post
With revenue growth projected at just half the previous decade's levels, the county is facing what officials rightly call “a new normal.” The shift underway in Montgomery, and on the all-Democratic council, takes place in a national context. ...
Historic run will end soon for coach
Omaha World-Herald
Today, Dirksen is trying to get used to the new normal. He's relaxing at home, filling out lots of Sudoku puzzles and walking 30 minutes a day. Rehab is under way, too, starting with light weightlifting and treadmill time. Dirksen has stopped by the ...
When Climate Changes Come and Water Policies Fail. Pray for Rain?
Huffington Post (blog)
Already climatologists are talking about a "new normal" -- meaning that bad extremes will become more and more common. Praying for rain may bring emotional relief, but it isn't going to be enough. We need real leadership, here on Earth, to prepare for ...
Municipal and Education Law: Focus On Bullying, But Maintain Wide Lens
Connecticut Law Tribune
As US Secretary of Education Arne Duncan put it during a panel discussion at the American Enterprise Institute last year, American public education is entering a “new normal” in which school districts will be asked to do more with less. ...
Mortgage Rates Snap Back Higher, August 5, 2011
Mortgage Rates & Trends (blog)
Mohammed El-Erian the CEO of the world's largest bond investor PIMCO famously dubbed this predicament as “the new normal”, an extended period of very slow growth and low inflation. While this “new normal” is quite frustrating for many who are looking...
Jobs number improves, but hiring remains slow
Kansas City Star
One of those job hunters, Overland Park resident Larry Boos, a CPA with an MBA, said he's recognized that “there's a new normal…and the new jobs generally won't pay my previous compensation, but I'm trying to be flexible. ...
How to Profit From the Next Investing Bubble
Smartmoney.com
It's all but impossible to spot a bubble before it collapses, and experts seldom agree about whether a given investment fits the bill; one analyst's catastrophe-in-the-making is another's new normal. Recently, corporate profits have soared and demand ...
Signs of progress on bank deal front
Finance and Commerce
The new normal in the industry is not as much fun.” “There are always banking companies interest in selling” because of personal or family reasons, but many of those pulled out of the market in the weak pricing environment, and they want to re-enter ...
Five finalists vie for city manager
Corvallis Gazette Times
There is a new normal, and many in the public have become disenchanted in the way government spends their money. It is essential that city leadership both political and administrative leadership look at every possible way to make government at the ...
Recession fears: Bond yields, swaps plunge on global safe-haven flight
Economic Times
India's central bank governor Duvvuri Subbarao on Thursday said he thinks there is no change in the acceptable level of inflation and there is "no new normal to inflation". The Reserve Bank of India (RBI) raised rates last week by a ...
Forex - Investors Increasingly Skeptical with Effectiveness of Relief Actions
ForexTV.com
It seems as though Mr. Gross over at Pimco was very right several months back when he said we were entering the “new normal.” We are simply in a very different time than we were even a few years ago and market dynamics have changed dramatically. ...
Port Angeles finances better than expected
Peninsula Daily
“We must adjust to a new normal,” she said. It will take years to get back to the revenue levels the city enjoyed in 2007, she said. The second half of the year, the city's economic situation is expected to continue to slowly improve. ...
Government sector continues to shed jobs as private sector hiring picks up
Cincinnati.com (blog)
It remains to be seen what will constitute the new normal in the construction sector, which has shed 9500 jobs for a decline of 19.2 percent since the peak of the last expansion. During the two-year recovery several sectors have enjoyed significant job ...
The Death of Super Tuesday?
Daily Beast
So, is this the new normal for presidential primaries? After all, Super Tuesday hasn't always offered the gargantuan delegate jackpot that it did in 2008; the term didn't even emerge until 1984, and in that election it was applied to three separate ...
Essay: Apathy and arrogance
Virginia Gazette
The supervisors have not begun serious initiatives to establish a “new normal” for county government, one that is sustainable. At the Just Cause Foundation candidates forum July 21, Don Wiggins let the audience know that he will continue doing what he ...
Guest blog post: Gavin Michael, CTIO Accenture on the "I" in IT
ComputerWeekly.com (blog)
With distributed data being the new normal, the data governance function now also needs to take a more pragmatic view of data quality. The growing availability of external data sources--including social media sites--means that not all data will be of a ...
Why recession fears are overblown
msnbc.com
Volatility is the new normal. Economists have been warning for several years now that the economic recovery, which officially began in mid-2009, would be bumpy and unpredictable, and wouldn't even feel like a recovery at times. ...

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