April « 2009 « Positive Economic News

P & G, Colgate Beat Street’s Expectations

April 30, 2009

This is positive news for the economy because even though both companies raised prices, people continued to consume the higher priced brands of these two top-tier consumer products companies. Typically in a recession consumers flee higher priced brand names for the lower costs of generic and store brands. Read the full story here:

http://www.reuters.com/article/businessNews/idUSN3050453920090430?feedType=RSS&feedName=businessNews

Leave a Comment » | Corporate, Positive Economic News | Tagged: Colgate, corporate profits, economic news, economy, good economic news, Positive Economic News, positive news, procter, procter & gamble, retail products sales | Permalink
Posted by Barry Lauterwasser

Optimism Boost Global Markets

April 30, 2009

People around the World are beginning to realize that the sky indeed is not collapsing onto them, and a bottom is in sight if not near. Japan’s industrial output rose for the first time in six months. Consumer spending ticked up slightly…all positive news for world-wide economies… Read the full story here:

http://www.nytimes.com/2009/05/01/business/01markets.html?partner=rss&emc=rss

Leave a Comment » | International Positive Economic News, Positive Economic News | Tagged: economic news, economy, global markets, good economic news, Positive Economic News | Permalink
Posted by Barry Lauterwasser

Inventory Drops Triggers Optimism On Wall Street

April 29, 2009

When companies cut production some month’s ago and consumers really continued consuming, inventories began to shrink. Now there’s indication that production will have to ramp back up as inventories begin to be depleted. This lead to positive sentiment on Wall Street, and will help spur the economy further when production ramps up. I have it one good authority that Toyota Motor in Georgetown where most of the Camry’s in America are produced, is ramping their production back up again in June, after a few months of tense times for employees there.

http://www.reuters.com/article/businessNews/idUSTRE53J1T120090429?feedType=RSS&feedName=businessNews

Leave a Comment » | Positive Economic News | Tagged: good economic news, inventories, Positive Economic News, production news, Toyota, toyota news | Permalink
Posted by Barry Lauterwasser

Positive Economic News Goes Mainstream…

April 29, 2009

I released a short PR piece to local media and the local ABC affiliate, WHAS11 picked up the ball and did a very nice piece on how Meyzeek Middle School’s eigth grade class was able to attend their trip in large part to the generosity to readers of this website. I’m very grateful to those who dug deep, now see some of the kids that will get to go to Washington this week thanks to your generosity.

Click here for the video:

http://www.whas11.com/video/whas11video-index.html?nvid=356232&shu=1

Leave a Comment » | Positive Economic News | Tagged: good economic news, meyzeek middle school, Positive Economic News | Permalink
Posted by Barry Lauterwasser

G7 Signals Worst Of Recession May Be Over

April 25, 2009

Excerpt:

“WASHINGTON (Reuters) – Finance chiefs from the G7 powers said on Friday the global economy may be past the worst phase of a recession although recovery was not yet assured, and they pledged to make sure that big financial firms are sound.”

Full Story:

http://www.reuters.com/article/businessNews/idUSTRE53M52K20090425?feedType=RSS&feedName=businessNews

Leave a Comment » | International Positive Economic News, Positive Economic News | Tagged: g7, good economic news, Positive Economic News | Permalink
Posted by Barry Lauterwasser

Supply Of New Homes “Plummets”

April 25, 2009

Finally, I hear the word “plummet” in a sentence and don’t recoil. Today the supply of unsold homes dropped more in March than it has in 45 years. Positive news indeed for the economy, for March anyway..and we’ll take it! Read the full story:

http://www.reuters.com/article/businessNews/idUSN2441697520090424?feedType=RSS&feedName=businessNews

Leave a Comment » | Positive Economic News, housing | Tagged: economic news, good economic news, housing market, housing news, new home sales, Positive Economic News | Permalink
Posted by Barry Lauterwasser

U.S. Recession Showing Signs Of Moderating

April 24, 2009

From Reuters News Service:

WASHINGTON (Reuters) – The U.S. economy is starting to show signs of shrinking more slowly but positive growth is not expected until sometime next year, the International Monetary Fund said on Wednesday.

“There has been some improvement in business confidence, some signs of bottoming out in housing market, but these are early days and we should not expect a return to growth any time soon,” Charles Collyns, IMF’s deputy director of research, told a press conference.

“We don’t expect a return to positive growth in the U.S. until some time next year,” he said in response to a question.

Collyns also said China was showing considerable resilience as it had reacted strongly to counter the global slump.

(Reporting by Lucia Mutikani and Lesley Wroughton; Editing by James Dalgleish)

Leave a Comment » | Positive Economic News | Tagged: economy, good economic news, Positive Economic News, recession, recession news | Permalink
Posted by Barry Lauterwasser

Negative New’s Effect On Economy

April 23, 2009

Here’s an article that highlights the negative impact on the economy by the press, how positive reporting could improve our economy, and how this is not the first time this topic has been studied.

http://www.knoxnews.com/news/2009/mar/09/korda-negative-economic-news-contributing-negative/

Leave a Comment » | Positive Economic News | Tagged: good economic news, good news, Positive Economic News, positive news | Permalink
Posted by Barry Lauterwasser