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Tag: economy
Venture For America Will Do For Entrepreneurship What Teach For America Does For Education | Fast Company
Like Teach For America, VFA will bring promising college graduates to work in underserved communities for at least two years. Startups that focus on up-and-coming industries (i.e. education innovation, energy, biotechnology) will be offered a VFA fellow for a salary of $32,000 to $38,000 annually. At the end of the two years, the companies can opt to hire fellows under new terms.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- U.S. Trade Deficit Widens in May Due to Rise in Oil Prices
- A Mixed Retail Sales Report for June
- Taking a Harder Look at Weekly Data on Initial claims for Unemployment Benefits
- California’s Budget Position at June Fiscal Year End
- Southland Home Sales Fall by -14% in June
- California Exports Continue to Shine
- May California Imports
- June Port Figures – Record Growth Trend Comes to an End
- Headline Inflation Declines in June
- Wholesale Prices Decline in June
- Events of Interest
- July 20, 2011: Mid-Year Economic Forecast
- July 28, 2011: LA NABE Luncheon Meeting
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
The Bacon Uprising: China’s Top-Secret Strategic Pork Reserve | Fast Company
…fears of the dangers in the fluctuation of pork prices led China to establish a top-secret “strategic pork reserve” in 2007, the only one of its kind. But maintaining all those pigs has led to a massive dependence on corn and soybean imports for animal feed, which in turn is leading China’s agribusinesses to fan out abroad in a quest to control the means of production.
Marty Keller Resigns – A Sad Day For Small Business | Peter Mehit
Marty Keller, who has been Governor’s Small Business Advocate for the last four years, is resigning. This is not good news as Marty has been a tireless advocate for small businesses in our state. Despite many setbacks and obstacles, Marty never quit reaching out to our community, while speaking truth to power about our situation and our needs.
Good luck, Marty. We know we’ll see you again in better circumstances. Keep your chin up! – Ed.
Marty’s letter:
Dear friends and colleagues,
It is with a sense of accomplishment and gratitude that I write to let you know of my decision to resign as the state’s Small Business Advocate effective July 31, 2011.
I am leaving this great job in order to work directly for small business owners. Come the beginning of August, I will be embarking on a different course of advocacy, one that will not be shackled by the restrictions of political appointment. I look forward to sharing the details of this new and exciting adventure in two weeks’ time. You can be sure I will be inviting you to join me.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- Revised Estimates for Q1-2011 U.S. Corporate Profits
- California’s Home Resales Decline by 14.4% in May
- New Home Construction in May
- May Permit Values for Nonresidential Construction
- Spending on Travel & Tourism Slows in 1st Quarter
- World Trade
- Update on Japan
- Events of Interest
- July 20, 2011: Mid-year Economic Forecast
Seven Problems a Recovery Won’t Fix – Umair Haque – Harvard Business Review
It’s time to stop looking for “recovery” (as in ways to resurrect this drooling zombie of an industrial economy) and start seeding transformation (as in building a 21st century economy, that turns most or all of the toxic dynamics above upside down). It’s time to stop thinking about getting back to yesterday’s prosperity — and time to start thinking about how to get past it.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- May 2011: A Weak Month for California Payrolls
- SoCal Home Sales and Prices: Sharp Decline in May
- California’s Budget Position in May
- May Port Figures – 18 Consecutive Months of Growth
- Update on Japan
- Core Consumer Prices Rise at Faster Pace in May
- Advancing Wholesale Prices Slow in May
- Events of Interest
- July 20, 2011: Mid-year Economic Forecast
Online analytics: Find out what your buyers are thinking | money.cnn.com
It’s business owner’s worst nightmare: Customers walk in the door and walk right back out.
For Twiddy & Company, a 95-person firm that connects vacation renters with beach houses in North Carolina’s Outer Banks, that meant customers clicking on their Web site and promptly abandoning it.
Dispatches From The Front 