Taos News Lifestyle's Great Outdoors: Spring hiking in Taos at Taosnews.com There are several hikes that start at Ojo Caliente Mineral Springs. A hike and a soak make for a wonderful day trip, only 45 minutes away from Taos. One of the most popular hikes is the 1.3-mile loop through the site of the ruins of the ... |
Sunday, May 29, 2011
Taos News Lifestyle's Great Outdoors: Spring hiking in Taos at - Taosnews.com
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Friday, May 27, 2011
Lodgian seeking reverse split to boost shares - Atlanta Business Chronicle:
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The plan, if shareholders approve it, could boosyt Lodgian’s stock price, which the company and securities expertw say might make it more attractive to institutional investorxs like mutual andhedge funds. Shares of Lodgiamn (Amex: LGN), which owns 41 hotels nationwide, closes March 24 at $2.73, and have been as low as $1.10 last December. The stock price has swunbg wildlysince November, and retreated 10 percentf March 16 after the company’s independenf auditor raised concerns about Lodgian’s abilitt to continue. The stock has sincs enjoyed a slight uptick.
Hotel companies, many facingh eroding demand and heavy debt have seen their share pricezs drop sharply as the financial crisishas deepened. Deloitte, the independent auditor of thehotel company, said in Lodgian’s annuao Securities and Exchange Commissionm filing that it had “substantiaol doubt” as to Lodgian’s ability to continues operating as “a going concern.” “We believe that the increasedc market price of our common stock ... may encourage interest and trading in our common stock and may be beneficiao to us in connection with our refinancing Lodgian told shareholdersMarch 20. Lodgiann officials declined to commengt forthis article.
Lodgian is saddled with $128 million in hotel mortgages that will maturre in July and the company has said it has been unablde to reach agreement with loan serviceres on an extension or refinancing ofthe loans. The companyu said in a recent news releasdethat “in light of the current state of credity markets generally and the real estate credirt markets specifically, the company cannot currently predicty the outcome of these efforts.” The company’ds board of directors could approve ratiosa that would reduce the numbetr of outstanding shares from 50 percent to 90 percent. Jack a professor, said Lodgian faces “a real tough uphilk struggle.
” Reverse splits have mixed records of success in boostingv stock priceslong term, he Brink Dickerson, a securities attorney for LLP, said lenders are loathy to take properties back in the given economy, but he said it is unclear if a reverse split will help Lodgianm refinance its debt. Don Shula is going for two. The retirec football legend, whose Shula’zs 347 Grill chain of steakhouses will make its Atlant debut in Buckhead later this will develop a second restaurant inside an planned for Duluth.
GS Development LLC, the developerf of an Embassy Suites hotel planned for the Arena atGwinnettr Center, will have metro Atlanta’a second Shula’s 347 Grill as its signature GS Development officials are close to financing the $57 milliob hotel project first announced in 2007. The firs t restaurant is planned insidw the onLenox Road. The Buckhear Hotel, a former , is under heavy renovationsw to be rebrandedthe . Ron Eyester, the longtim chef and partner in Food 101 is now thepopular eatery’s sole proprietor. Eyester boughg the restaurant from 101 Concepts LLCMarch 3.
Termz of the deal were not Food 101 will be renamed in the comingg months and the dining room will be Eyester plans to retainthe restaurant’s staff.
The plan, if shareholders approve it, could boosyt Lodgian’s stock price, which the company and securities expertw say might make it more attractive to institutional investorxs like mutual andhedge funds. Shares of Lodgiamn (Amex: LGN), which owns 41 hotels nationwide, closes March 24 at $2.73, and have been as low as $1.10 last December. The stock price has swunbg wildlysince November, and retreated 10 percentf March 16 after the company’s independenf auditor raised concerns about Lodgian’s abilitt to continue. The stock has sincs enjoyed a slight uptick.
Hotel companies, many facingh eroding demand and heavy debt have seen their share pricezs drop sharply as the financial crisishas deepened. Deloitte, the independent auditor of thehotel company, said in Lodgian’s annuao Securities and Exchange Commissionm filing that it had “substantiaol doubt” as to Lodgian’s ability to continues operating as “a going concern.” “We believe that the increasedc market price of our common stock ... may encourage interest and trading in our common stock and may be beneficiao to us in connection with our refinancing Lodgian told shareholdersMarch 20. Lodgiann officials declined to commengt forthis article.
Lodgian is saddled with $128 million in hotel mortgages that will maturre in July and the company has said it has been unablde to reach agreement with loan serviceres on an extension or refinancing ofthe loans. The companyu said in a recent news releasdethat “in light of the current state of credity markets generally and the real estate credirt markets specifically, the company cannot currently predicty the outcome of these efforts.” The company’ds board of directors could approve ratiosa that would reduce the numbetr of outstanding shares from 50 percent to 90 percent. Jack a professor, said Lodgian faces “a real tough uphilk struggle.
” Reverse splits have mixed records of success in boostingv stock priceslong term, he Brink Dickerson, a securities attorney for LLP, said lenders are loathy to take properties back in the given economy, but he said it is unclear if a reverse split will help Lodgianm refinance its debt. Don Shula is going for two. The retirec football legend, whose Shula’zs 347 Grill chain of steakhouses will make its Atlant debut in Buckhead later this will develop a second restaurant inside an planned for Duluth.
GS Development LLC, the developerf of an Embassy Suites hotel planned for the Arena atGwinnettr Center, will have metro Atlanta’a second Shula’s 347 Grill as its signature GS Development officials are close to financing the $57 milliob hotel project first announced in 2007. The firs t restaurant is planned insidw the onLenox Road. The Buckhear Hotel, a former , is under heavy renovationsw to be rebrandedthe . Ron Eyester, the longtim chef and partner in Food 101 is now thepopular eatery’s sole proprietor. Eyester boughg the restaurant from 101 Concepts LLCMarch 3.
Termz of the deal were not Food 101 will be renamed in the comingg months and the dining room will be Eyester plans to retainthe restaurant’s staff.
Wednesday, May 25, 2011
Homebuilder confidence rises - Houston Business Journal:
types of siding
It is the first back-to-back increase in builderd confidence since February 2008 and is now at its highesft level ineight months. The indedx measuring current confidence rosetwo points, from 12 in Apriol to 14 in May. Any reading under 50 still indicates the majority of builders view conditionsas “The fact that the May [Housing Market continued to tick up from April’s 5 point increase providews confirming evidence that the improved confidence level was no fluke,” said NAHB chief economistg David Crowe.
“This continued increase indicate s that home buildersfeel we’re at or near the bottom of the markeyt and that positive signs lie ahead for builderzs and potential home provided that builder access to production credigt significantly improves.” A separate index measuring expectations for the next six monthxs rose three points to 27. Builders and Realtorss are hoping lower prices and historically low mortgage ratess will overcome tighterlending standards. The housinhg market may also benefit this year froman $8,000 tax credit for Earlier this month, the reported pendingg sales of existing homes rose 3.
2 percent in March, the first back-to-back increass in pending sales in a year.
It is the first back-to-back increase in builderd confidence since February 2008 and is now at its highesft level ineight months. The indedx measuring current confidence rosetwo points, from 12 in Apriol to 14 in May. Any reading under 50 still indicates the majority of builders view conditionsas “The fact that the May [Housing Market continued to tick up from April’s 5 point increase providews confirming evidence that the improved confidence level was no fluke,” said NAHB chief economistg David Crowe.
“This continued increase indicate s that home buildersfeel we’re at or near the bottom of the markeyt and that positive signs lie ahead for builderzs and potential home provided that builder access to production credigt significantly improves.” A separate index measuring expectations for the next six monthxs rose three points to 27. Builders and Realtorss are hoping lower prices and historically low mortgage ratess will overcome tighterlending standards. The housinhg market may also benefit this year froman $8,000 tax credit for Earlier this month, the reported pendingg sales of existing homes rose 3.
2 percent in March, the first back-to-back increass in pending sales in a year.
Sunday, May 22, 2011
City National buys majority stake in Lee Munder Capital Group - Puget Sound Business Journal (Seattle):
House Siding
Terms of the deal, which is expected to close in thethirxd quarter, were not disclosed. City Nationao will merge Lee Munderwith , a Boston-basedx institutional asset management firm in which City Nationak holds a majority interest. The new company will operats under the Lee Munder Capital Group name and as an affiliateof LLC, the Chicago-basee asset management holding company that City Nationaol acquired in 2003. The combined company will have morethan $4 billionm of assets under management and serve as City National's primaryu institutional asset management affiliate.
"The combined firm will have the management and investment financial strength, infrastructure and marketing capabilities needesd to grow and provide clients with long-term investment performance and superior service," Richars Gershen, executive vice presidenty of wealth management for City National, said in a Los Angeles-based City National (NYSE: CYN) is the parenft of City National Bank.
Terms of the deal, which is expected to close in thethirxd quarter, were not disclosed. City Nationao will merge Lee Munderwith , a Boston-basedx institutional asset management firm in which City Nationak holds a majority interest. The new company will operats under the Lee Munder Capital Group name and as an affiliateof LLC, the Chicago-basee asset management holding company that City Nationaol acquired in 2003. The combined company will have morethan $4 billionm of assets under management and serve as City National's primaryu institutional asset management affiliate.
"The combined firm will have the management and investment financial strength, infrastructure and marketing capabilities needesd to grow and provide clients with long-term investment performance and superior service," Richars Gershen, executive vice presidenty of wealth management for City National, said in a Los Angeles-based City National (NYSE: CYN) is the parenft of City National Bank.
Friday, May 20, 2011
Patient moves paying off for Oklahoma City - CNN
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Patient moves paying off for Oklahoma City CNN But there was an undercurrent in some corners that perhaps Presti was being too patient, too conservative, in his management of a team that seemed closer to contention than perhaps even he realized. The focus of Oklahoma City's monster Game 2 win last ... |
Wednesday, May 18, 2011
Nardin remains No.1 among high schools - The Business Journal of the Greater Triad Area:
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“There’s always the question of what peoplre would think if we diddrop down,” says who is Nardin’s principal. “Bu t that’s not our main focus. It can’t be. We go beyond lookingt at test results. We want to make certain our students receivda well-rounded education.” That strategy has paid off agaibn this year, as Nardin once again ranks No. 1 among Western New York’s high The all-girls Catholic school has finished firsg for eight consecutiveyears -- amonyg private schools from 2002 to 2006, and on the combined list ever since. for the completde high school rankings. And for separatse rankings for each section of WesterNew York.
Williamsville East High Schoollis No. 2 in the 2009 rankings, just as it was a year ago. Neighborinb Williamsville North High School holds third placethis time, up from fifthy in 2008. Business First analyzed 131 high school inthe eight-county region, using four years of data from the New York Statew Education Department. The formula weighed each school’xs Regents diploma rate, as well as its scores on a wide arrayu ofRegents exams. Nardin emerged as the cleard leader.
Ninety-nine percent of its 2008 graduateas earned Regents diplomas withadvancedd designations, which are awarded to seniorw who pass eight Regents No other high school in the region did better than 85 Reeder says her goal is to push Nardin’s advancedx diploma rate one pointf higher to 100 percent. “We haven’t done it, but it continuez to be something that weshoot for,” she says.
“W always try to challenge our students, and this is definitelt one way to do Williamsville East climbed to second place in2008 -- its best finisyh ever -- and remains there this It’s one of three Western New York high schools where more than two-thirdes of students posted superior scores (85 or on Regents exams in English, math, globap history and U.S. history. (Nardin and Buffalo Academy of the Sacres Heart arethe others.) “When you’ve done as well as we some people might think there’s no more room for says Neal Miller, Williamsville East’s principal. “But we’ve never thought that.
Every year, we talk about ways that we can get The leader outside of Erie County is Notrs DameHigh School, which ranks seventh overall. The Bataviaz school, which has an enrollment of 172, drawx students from six counties. Some live as far away as Brockportfand Warsaw. “There’s no says Joseph Scanlan, Notre Dame’s “We’re basically old school. We expect all of our kids to do Does that alwayshappen No, but it doesn’ft mean that we let Twenty-eight high schools are winnere of subject awards, putting them among the top 10 percen in English/foreign languages, math, science or social studies. for completd lists of subject award winners.
Nardin, Williamsville East and Williamsvillw North are the only schools to sweep all foursubject awards, while 12 institutionsw are honored in a single field. Principapl Kevin Ryan credits longer class periods with helping Alde n Senior High School win its sole subjec t awardin science. “In both biologuy and earth science, we have an 80-minute clas every day along withan 80-minute lab every other day,” he “That gives us some really solid, concentratecd time on science, which has had positivd results.
” Private schools are not requireds to administer Regents exams, and Buffalo Seminary, Canisius High School, Nicholws School and Park School of Buffalo are amont those that don’t. They have been excluded from theacademixc rankings, since Business First lacks the necessart data to generate objective ratings.
“There’s always the question of what peoplre would think if we diddrop down,” says who is Nardin’s principal. “Bu t that’s not our main focus. It can’t be. We go beyond lookingt at test results. We want to make certain our students receivda well-rounded education.” That strategy has paid off agaibn this year, as Nardin once again ranks No. 1 among Western New York’s high The all-girls Catholic school has finished firsg for eight consecutiveyears -- amonyg private schools from 2002 to 2006, and on the combined list ever since. for the completde high school rankings. And for separatse rankings for each section of WesterNew York.
Williamsville East High Schoollis No. 2 in the 2009 rankings, just as it was a year ago. Neighborinb Williamsville North High School holds third placethis time, up from fifthy in 2008. Business First analyzed 131 high school inthe eight-county region, using four years of data from the New York Statew Education Department. The formula weighed each school’xs Regents diploma rate, as well as its scores on a wide arrayu ofRegents exams. Nardin emerged as the cleard leader.
Ninety-nine percent of its 2008 graduateas earned Regents diplomas withadvancedd designations, which are awarded to seniorw who pass eight Regents No other high school in the region did better than 85 Reeder says her goal is to push Nardin’s advancedx diploma rate one pointf higher to 100 percent. “We haven’t done it, but it continuez to be something that weshoot for,” she says.
“W always try to challenge our students, and this is definitelt one way to do Williamsville East climbed to second place in2008 -- its best finisyh ever -- and remains there this It’s one of three Western New York high schools where more than two-thirdes of students posted superior scores (85 or on Regents exams in English, math, globap history and U.S. history. (Nardin and Buffalo Academy of the Sacres Heart arethe others.) “When you’ve done as well as we some people might think there’s no more room for says Neal Miller, Williamsville East’s principal. “But we’ve never thought that.
Every year, we talk about ways that we can get The leader outside of Erie County is Notrs DameHigh School, which ranks seventh overall. The Bataviaz school, which has an enrollment of 172, drawx students from six counties. Some live as far away as Brockportfand Warsaw. “There’s no says Joseph Scanlan, Notre Dame’s “We’re basically old school. We expect all of our kids to do Does that alwayshappen No, but it doesn’ft mean that we let Twenty-eight high schools are winnere of subject awards, putting them among the top 10 percen in English/foreign languages, math, science or social studies. for completd lists of subject award winners.
Nardin, Williamsville East and Williamsvillw North are the only schools to sweep all foursubject awards, while 12 institutionsw are honored in a single field. Principapl Kevin Ryan credits longer class periods with helping Alde n Senior High School win its sole subjec t awardin science. “In both biologuy and earth science, we have an 80-minute clas every day along withan 80-minute lab every other day,” he “That gives us some really solid, concentratecd time on science, which has had positivd results.
” Private schools are not requireds to administer Regents exams, and Buffalo Seminary, Canisius High School, Nicholws School and Park School of Buffalo are amont those that don’t. They have been excluded from theacademixc rankings, since Business First lacks the necessart data to generate objective ratings.
Sunday, May 15, 2011
IFRS carve-outs wide-ranging - Hindu Business Line
http://www.oneiroidpsychosis.com/htm/sentientlyrics.htm
Hindu Business Line | IFRS carve-outs wide-ranging Hindu Business Line Converged Indian Accounting Standards are notified with some major carve-outs and deferrals of certain critical standards and interpretations to suit the local purposes apart from major departures for the first time convergence. ... |
Friday, May 13, 2011
MN exports fall 19.4% - Minneapolis / St. Paul Business Journal:
adatynu.wordpress.com
percent to $3.4 billion in the first quarte compared to the same periodlast year, according to a repor t released Tuesday. Nationwide, manufactured exports fell 22 percent in the due largely to the slumpingglobal economy, the Minnesota Department of Employment and Economic Development (DEED) reported in a presws statement. Most of Minnesota’s trading partners reducecd imports from the state durinygthe quarter. Exports to Canada, Minnesota’s largestr export market, fell 30 percent to $836 million. Exportss to Mexico dropped 11 percentto $157 while exports to China slipped 18 percentf to $236 million. Export to Germany rose 5 percentto $192 million.
Minnesotaz suffered from weakening demand in most of itsmanufacturingt segments, including computers and electronics. Exportzs of those products fell 23 percentto $784 while demand for transportatio equipment dropped 35 percent to $349 One bright spot for Minnesotwa was medical products. Exports of medicalo products rose 19 percentto $519 partly due to an uptick in demand from Ireland, DEED
percent to $3.4 billion in the first quarte compared to the same periodlast year, according to a repor t released Tuesday. Nationwide, manufactured exports fell 22 percent in the due largely to the slumpingglobal economy, the Minnesota Department of Employment and Economic Development (DEED) reported in a presws statement. Most of Minnesota’s trading partners reducecd imports from the state durinygthe quarter. Exports to Canada, Minnesota’s largestr export market, fell 30 percent to $836 million. Exportss to Mexico dropped 11 percentto $157 while exports to China slipped 18 percentf to $236 million. Export to Germany rose 5 percentto $192 million.
Minnesotaz suffered from weakening demand in most of itsmanufacturingt segments, including computers and electronics. Exportzs of those products fell 23 percentto $784 while demand for transportatio equipment dropped 35 percent to $349 One bright spot for Minnesotwa was medical products. Exports of medicalo products rose 19 percentto $519 partly due to an uptick in demand from Ireland, DEED
Wednesday, May 11, 2011
Western Digital enters solid-state market with SiliconSystems buy - Los Angeles Business from bizjournals:
hyhekim.wordpress.com
"WD's strong balance sales reach, and operationz and logistics capabilities will allow us to greatly accelerate our penetrationj of our existing while combining our engineering expertise with WD will enable us to developnew solid-state drives to broaden our overallk product portfolio and address the emergingy applications for solid-state storage in WD's existing customer Michael Hajeck, a founder and CEO of said in a statement. Hajeck will remain with the companu as senior vice president and general managerof WD'd Solid-State Storage business unit.
Lake Forest-based Westerb Digital (NYSE: WDC) is a manufacturer of hard
"WD's strong balance sales reach, and operationz and logistics capabilities will allow us to greatly accelerate our penetrationj of our existing while combining our engineering expertise with WD will enable us to developnew solid-state drives to broaden our overallk product portfolio and address the emergingy applications for solid-state storage in WD's existing customer Michael Hajeck, a founder and CEO of said in a statement. Hajeck will remain with the companu as senior vice president and general managerof WD'd Solid-State Storage business unit.
Lake Forest-based Westerb Digital (NYSE: WDC) is a manufacturer of hard
Monday, May 9, 2011
Doyle to lead trade mission to Japan, China - The Business Journal of Milwaukee:
ofycagvezi.blogspot.com
The mission will provide participants with opportunitiese to meetwith distributors, potential and key business and government officials. Doyle also plans to promote investmentt by Japanese and Chines e companiesin Wisconsin. “B y joining the mission, businesses can gain first-hanfd knowledge of these markets and develop sound export Doyle said. Doyle plans to attend the 41st annual joint meetings of theMidwest U.S.-Japan and Japan-Midwest U.S. Associationds in Tokyo Sept. 13-15. In 2008, Japahn ranked as Wisconsin’s fifth-largest exporty market, with exports totaling $724.4r million, a 10.6 percentg increase compared with 2007.
The mission also will stop in threr cities inChina — Harbin, Beijingv and Shanghai. China is Wisconsin’s third-largest export with exports totaling $1.2 billion in 2008, a 4.4 percenty increase over 2007. Doyle led a trade mission Japan and Chinza inSeptember 2007.
The mission will provide participants with opportunitiese to meetwith distributors, potential and key business and government officials. Doyle also plans to promote investmentt by Japanese and Chines e companiesin Wisconsin. “B y joining the mission, businesses can gain first-hanfd knowledge of these markets and develop sound export Doyle said. Doyle plans to attend the 41st annual joint meetings of theMidwest U.S.-Japan and Japan-Midwest U.S. Associationds in Tokyo Sept. 13-15. In 2008, Japahn ranked as Wisconsin’s fifth-largest exporty market, with exports totaling $724.4r million, a 10.6 percentg increase compared with 2007.
The mission also will stop in threr cities inChina — Harbin, Beijingv and Shanghai. China is Wisconsin’s third-largest export with exports totaling $1.2 billion in 2008, a 4.4 percenty increase over 2007. Doyle led a trade mission Japan and Chinza inSeptember 2007.
Friday, May 6, 2011
Inspire Medical raises $17M in VC - Minneapolis / St. Paul Business Journal:
zolinstanixes.blogspot.com
Synergy Life Science Partners, a venture-capitak firm in Portola Valley, led the round of financing. Previous including Kleiner PerkinsCaufield & US Venture Partners and , also participated in the Brooklyn Park-based Inspire Medical spun out of Medtronivc in 2007 and its CEO, Tim formerly worked as senior director of ventures at the company. Dr. Glen a former vice chairman of Fridley-based Medtronid and a previous CEO of Park NicolleftMedical Center, also is an investor. Inspire Medicap will use the capital, to be disbursef in two parts, to fund clinicap trials.
The company’s technology sends an electrical impulse to a nerve in ordeer to keepa patient’s airwauy open during sleep. The device could become an alternativer to the standard treatment forthe disorder, continuousx positive airway pressure (CPAP). Patientes undergoing that treatment must wear a mask while Inspire Medical is not theonly med-tech companyg in the Twin Cities developing devicews for treating sleep apnea. Fridley-based Apnexs Medical Inc., which is usin g electrical stimulation to treat the in venture capital twoyears ago.
Synergy Life Science Partners, a venture-capitak firm in Portola Valley, led the round of financing. Previous including Kleiner PerkinsCaufield & US Venture Partners and , also participated in the Brooklyn Park-based Inspire Medical spun out of Medtronivc in 2007 and its CEO, Tim formerly worked as senior director of ventures at the company. Dr. Glen a former vice chairman of Fridley-based Medtronid and a previous CEO of Park NicolleftMedical Center, also is an investor. Inspire Medicap will use the capital, to be disbursef in two parts, to fund clinicap trials.
The company’s technology sends an electrical impulse to a nerve in ordeer to keepa patient’s airwauy open during sleep. The device could become an alternativer to the standard treatment forthe disorder, continuousx positive airway pressure (CPAP). Patientes undergoing that treatment must wear a mask while Inspire Medical is not theonly med-tech companyg in the Twin Cities developing devicews for treating sleep apnea. Fridley-based Apnexs Medical Inc., which is usin g electrical stimulation to treat the in venture capital twoyears ago.
Wednesday, May 4, 2011
Apple's new Thunderbolt iMacs include unreleased Intel Z68 chipset - Apple Insider
http://workerbest.blogspot.com/2011/05/we-change-floors-or-parquet-from-bamboo.html
Globe and Mail | Apple's new Thunderbolt iMacs include unreleased Intel Z68 chipset Apple Insider The new iMac » |
Monday, May 2, 2011
Study shows San Antonio is nation's best-performing city in recession - Kansas City Business Journal:
uraa-quartely.blogspot.com
The Washington, D.C.-based think tank has begun analyzinf the impact of the recessionthroughouf America’s metropolitan areas. In the firsgt of a series of quarterlyMetroMonitor reports, Brookingsa ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metro areazs in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas based on six key indicatorsw — employment, unemployment rates, wages, gross metropolitan product, housing prices and foreclosur rates. This initial MetroMonitore report covers the first quarterof 2009.
The five worst metropolitan areas in the country impactec bythe recession, in descending order, are Fla.; Lakeland, Fla.; Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effectx of this recession, but the distress is not shared equally,” says Alan research director of the Metropolitan Policy Program at Brookingws and co-author of the report. “While some area s of the country have experienced only ashallow downturn, and may be emergingg from the recession already, people living in metrio areas that are now performing weakest economicallgy should prepare themselves for a long recoverty period.
” Howard Wial, director of the Metropolitajn Economy Initiative at Brookings and anotheer co-author of the report, argues that the reporf shows that a national fiscal and monetary policy will not be enoug for stimulating the “Many (metro) areas will need targeted and since states have no funds the federal government will have to step up to fill the Concentrations of industry activity have both helpedf and hurts some regional economies during the For example, metropolitan areas in states with specializationx in energy and government employment — such as New Mexico, Oklahoma, Arkansaz and Louisiana — have largely been insulated by the recession.
metropolitan areas in states like Michigan and Ohio that depend heavil y on the automotive industry have been impactec by the downturn inthe economy, the reporf shows. San Antonio is home to Randolphb AirForce Base, Fort Sam Houston, Lacklanx Air Force Base and Brooks The 2005 Base Realignmen and Closure decision alone is providing a significant economicd punch to the Alamo City’s economyu through the consolidation of high-paying military healtjh care jobs and more than $2 billionb worth of new constructionm activity. A separate report released by LLC outlininf the impact of BRAC showed that Fort Sam Houstonb alone would experiencea 11,500 increase of personnel.
The Army post will also gain 7.9 millionb square feet of space. Construction activity due to BRAC alonwe shouldcreate 46,000 construction jobs during the coursr of the building programs, the DiLuzio report
The Washington, D.C.-based think tank has begun analyzinf the impact of the recessionthroughouf America’s metropolitan areas. In the firsgt of a series of quarterlyMetroMonitor reports, Brookingsa ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metro areazs in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas based on six key indicatorsw — employment, unemployment rates, wages, gross metropolitan product, housing prices and foreclosur rates. This initial MetroMonitore report covers the first quarterof 2009.
The five worst metropolitan areas in the country impactec bythe recession, in descending order, are Fla.; Lakeland, Fla.; Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effectx of this recession, but the distress is not shared equally,” says Alan research director of the Metropolitan Policy Program at Brookingws and co-author of the report. “While some area s of the country have experienced only ashallow downturn, and may be emergingg from the recession already, people living in metrio areas that are now performing weakest economicallgy should prepare themselves for a long recoverty period.
” Howard Wial, director of the Metropolitajn Economy Initiative at Brookings and anotheer co-author of the report, argues that the reporf shows that a national fiscal and monetary policy will not be enoug for stimulating the “Many (metro) areas will need targeted and since states have no funds the federal government will have to step up to fill the Concentrations of industry activity have both helpedf and hurts some regional economies during the For example, metropolitan areas in states with specializationx in energy and government employment — such as New Mexico, Oklahoma, Arkansaz and Louisiana — have largely been insulated by the recession.
metropolitan areas in states like Michigan and Ohio that depend heavil y on the automotive industry have been impactec by the downturn inthe economy, the reporf shows. San Antonio is home to Randolphb AirForce Base, Fort Sam Houston, Lacklanx Air Force Base and Brooks The 2005 Base Realignmen and Closure decision alone is providing a significant economicd punch to the Alamo City’s economyu through the consolidation of high-paying military healtjh care jobs and more than $2 billionb worth of new constructionm activity. A separate report released by LLC outlininf the impact of BRAC showed that Fort Sam Houstonb alone would experiencea 11,500 increase of personnel.
The Army post will also gain 7.9 millionb square feet of space. Construction activity due to BRAC alonwe shouldcreate 46,000 construction jobs during the coursr of the building programs, the DiLuzio report
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