The U.S., Japan and Australia are expected to escape recession over the next 12 months, with the U.S. economy now expected to expand by 2.9 percent over the period, according to the Spring Outlook report from Mellon Capital Management Corporation, part of BNY Mellon Asset Management. Excluding the U.S., Japan and Australia, most developed countries [...]
The economy is back on track, but rising energy costs mark the latest speed bump on the road to recovery, according to a report released by TD Economics, an affiliate of TD Bank, America’s Most Convenient Bank. “There’s a new confidence in the recovery that we haven’t seen in a while,” says TD Chief Economist [...]
The United States exported $180.8 billion in goods and services in January 2012, an increase of more than $1 billion over December 2011, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. Exports of goods and services over the last twelve months totaled $2.118 trillion, which is [...]
A new report commissioned by AIA demonstrates the irreplaceable impact the aerospace and defense (A/D) industry has on America’s economic and national security. Addressing the current economic crisis, the report emphasizes the industry’s support of more than three million American workers. With federal budget sequestration looming and DOD, FAA and NASA budgets facing severe cuts, [...]