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UQ Econ-VotersEconomy is improving; voters proveUPI July 3, 2012 (UPI, “Poll: Voters see economy improving,” July 3, 2012, LexisNexis, Accessed: 7-2-12) ADJ Most Americans say economic conditions are poor but 60 percent say the economy will be in good shape next year, a poll released Tuesday indicated. The CNN/ORC International poll, conducted Thursday through Sunday, found three-fourths of those surveyed said the economy is in poor shape -- an increase in the number who said that in May. The 60 percent who said the economy will be better in the next 12 months was a substantial increase from the 39 percent who said the same thing in October. "Americans are usually optimists, but in 2011, polls for the first time found that more than half the country thought that economic conditions would worsen in the next 12 months," CNN Polling Director Keating Holland said. "Now that trend has reversed itself, with only four in 10 saying that the economy will be in poor shape a year from now." Keating said the economy is the top issue for voters heading into the 2012 election, followed by healthcare, the deficit, education, unemployment and terrorism. Forty-eight percent of registered voters said they thought President Barack Obama could do a better job than presumptive Republican nominee Mitt Romney of handling the economy, while 47 percent said Romney would do better -- and Romney was preferred by 52 percent of independents in the issue. Obama had an edge among lower-income voters, women and younger voters, while Romney led the president among men and higher-income and older voters. Those polled gave an edge to Romney on dealing with the federal deficit, while Obama had the edge on foreign policy and healthcare. ORC International conducted the poll by telephone for CNN, with a survey sample of 1,517 adults -- including 1,390 registered voters. The overall sampling error is 2.5 percentage points. UQ Econ-HousingThe housing market proves that the economy is in good shapeMcKenna, Columnist, June 27, 2012 (Barrie, Columnist for Globe and Mail, "U.S. housing market poised for new boom: economist; The U.S. economy is now close to the tipping point, where increased employment will generate significant increases in all types of homes, says housing specialist Doug Smyth,” Globe and Mail, June 27, 2012, LexisNexis, Accessed: 7-4-12) ADJ Amid waves of troubling global economic news, there's a sleeper story that's gone largely overlooked, particularly in financial markets. The U.S. housing market is doing much better. And it's now on the cusp of what could be a dramatic turnaround. That's the conclusion of a new report by Vancouver-based independent housing economist Doug Smyth, who argues, among other good things, that millions of newly created jobs will eventually power another boom in demand for softwood lumber. Mr. Smyth's prediction is based on a much more impressive recovery in the U.S. jobs market than is generally recognized. That's driving mortgage foreclosures down, and household formations and consumer spending up. The result is enormous pent-up demand for homes, which he likened to a boiler rapidly filling with steam. Part of the untold story is new demand coming from a generation of foreign-born Latinos, who are waiting to jump into the market. "The U.S. economy is now close to the tipping point, where increased employment will generate significant increases in all types of homes," argued Mr. Smyth, former research director at the Industrial Wood and Allied Workers of Canada. Conditions are now ripe for builders to dig ground on new single family homes at a rate of up to 1.3 million a year as early as next year or 2014, and even more in 2015. "Given the combination of the improving economics and the enormous build-up of pent-up demographic demand for single-family housing after the last four years of poor starts, it is not a question of whether the recovery will come, or by how much, but when," the reports points out. Annual single-family starts of 1.3 million would mark a dramatic turnaround from the disaster of the past three years. Single-family housing starts totalled 445,000, 471,000 and 431,000, respectively, from 2009 to 2011. In May, U.S. builders started work on new single-family homes at an annual pace of 516,000. Unlike Canada, the U.S. economy has been slow to replace the jobs it lost in the Great Recession. But Mr. Smyth's research makes the case that the recovery is going much better than most Wall Street economists recognize. He argues that the "real" recovery has now reached 6.6 million in seasonally unadjusted non-farm jobs. That represents 83 per cent of the jobs lost since January, 2010 - the low point of the decade for employment. He bases the finding on a more rapid bounce-back in new jobs and a smaller estimate of jobs lost. The generally accepted estimate of jobs lost in the recession is 8.5 million. Mr. Smyth argues that number should be reduced by 630,000, representing the number of Mexican workers who returned home and are unlikely to re-enter the U.S. labour market. More jobs means more wealth, higher credit ratings and generally improving confidence. The report highlights two other factors contributing to the optimistic housing forecast - the improving mortgage market, Hispanic demographics and manufacturing renaissance. Mr. Smyth says there's been a dramatic improvement this year in key mortgage market indicators, including tumbling foreclosures and accelerating house price increases. The report also points out that the 6.3 million Latinos who came to the U.S. from 2000 to 2007 are now entering their prime home-buying years. And with the economy improving, they have the wealth to start buying. UQ Econ-EnergyU.S. looking up- energy sector leadingWitkowski, journalist for wall street journal, July 3 2012 (Wallace, U.S. stocks finish higher led by energy sector, 7-3-12, SAN FRANCISCO (MarketWatch) -- U.S. equity markets closed higher in an abbreviated session Tuesday before Wednesday's Independence Day holiday, following a rise in factory orders. The Dow Jones Industrial Average (US:djia) closed up 72.43 points, or 0.6%, at 12,943.82. The S&P 500 Index (US:spx) rose 8.51 points, or 0.6%, to close at 1,374.02, and the Nasdaq Composite Index (US:comp) advanced 24.85 points, or 0.8%, to close at 2,976.08. Energy and materials stocks led the rise on higher oil and gold prices. In composite volume, about 2.05 billion NYSE-listed shares exchanged hands and 1.01 billion Nasdaq-listed shares traded. Directory: files files -> Answer True False 2 points Question 2 files -> Integer programming and game theory files -> 4 Integer Programming files -> Bpa vehicle Window Repair Scenario #1 task: Procure vehicle window relacement. Objective files -> Pop Warner History files -> North Carolina Inclusion Initiative Mapping Where Children with ieps are Being Served Purpose files -> Fall 2013 Spring 2014 Program Data: Standard 1 Exhibit 4d files -> Hanban – asia society confucius classrooms network 2010 request for proposal files -> Northern England’s set-jetting locations Download 0.63 Mb. Share with your friends:
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