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Cowboy Economics News - July 2009 Archives
You don't need a crystal ball to tell you what is going to happen next in the economy. You need a statistical model. A new method from North Carolina State University can help researchers determine which economic variables they should focus on by identifying whether a variable can be predicted.
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 | For the fourth consecutive year, the US was home to the fastest-growing wind power market in the world in 2008, according to a report released by the US Department of Energy and prepared by Lawrence Berkeley National Laboratory. Specifically, US wind power capacity additions increased by 60 percent in 2008, representing a $16 billion investment in new wind projects. ...> Full Article |
What would happen if credit card holders no longer received rewards? Not much -- but it could cut consumer credit card debt, says a new study on the impact of rewards programs on credit and debit card use. The paper, co-published by the University of Toronto's Rotman School of Management, found that removing rewards would result in only a small number of credit card customers switching to more debit card and cash transactions.
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The unemployment rate for US electrical and electronics engineers hit a new record in the second quarter, while the rate for all engineers increased for a second straight quarter, according to data released last week by the Department of Labor's Bureau of Labor Statistics.
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Genealogical tourism redefining leisure travel market, professor says
Rush to develop stock markets has huge downside
'Main Street' economic conditions misread by GDP
Stiff party competition, modest salaries good for state government, study shows
'Subjective time' can improve your bottom line