Consumer Expectations are Making a Comeback

first_imgHome / Daily Dose / Consumer Expectations are Making a Comeback The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Consumer Expectations are Making a Comeback Servicers Navigate the Post-Pandemic World 2 days ago Consumer Expectations House Prices Household Income New York Fed Survey of Consumer Expectations 2016-03-14 Brian Honea March 14, 2016 2,777 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, News Share Save The expectations of consumers toward inflation, the economy, housing, personal finances, and the labor market were up across the board, which suggests that expectations are on the rebound, according to the results from the February 2016 Survey of Consumer Expectations (SCE) released by the New York Fed on Monday.As core inflation is rising heading into the Federal Open Market Committee’s second meeting of 2016, which starts Tuesday and concludes Wednesday afternoon, the median inflation expectations of consumers increased over-the-month at both the one-year horizon (from 2.4 percent to 2.7 percent) and at the three-year horizon (from 2.5 percent to 2.6 percent).“The increase was most pronounced among respondents with lower income, lower education and lower numeracy,” the New York Fed said, noting that the median inflation expectations at both horizons remained at the low end of the range observed in the last two and a half years.The median home price expectation rose by 0.1 percentage point from January to February, up to 3.1 percent, according to the SCE. The home price expectation was broad-based, though it was most pronounced in the West and Northeast. Despite the increase, the median home price expectation remains below the series average, according to the New York Fed.The median one-year ahead expected earnings growth reversed two months of decline by jumping up to 2.5 percent in February, the level it was at for most of last year. Though the increase was broad-based, the respondents with a high school degree or less saw the most pronounced increase. The results of the February SCE indicated that expectations in the labor market were more positive—the mean number of respondents who said they thought the unemployment rate would be higher a year from now declined from 38.1 percent in January to 37.9 percent in February. Also, the mean probability of losing one’s job in the next 12 months ticked slightly downward to 13.9 percent.Consumers’ expectations of their finances jumped in February—the median expected household income growth rose from 2.2 percent to 2.5 percent over-the-month, driven by older, less educated, and lower income respondents, according to the New York Fed. Despite the increase, it remained below 2015 levels.Click here to view the entire SCE for February 2016.center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribe Tagged with: Consumer Expectations House Prices Household Income New York Fed Survey of Consumer Expectations Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Fannie Mae and Freddie Mac Make First Contribution to Housing Trust Fund Next: Counsel’s Corner: Digging Deeper Into the 9th Circuit Court Decision on GSEs Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

VMworld 2014 Day One Keynote

first_img9:57 am PTFathers: vCloud Air is VMware’s hybrid cloud platform.Customers stated that they’re using the vCloud Air for scalability, disaster recovery, speed to delivery for new services, existing applications and more. There’s coverage in North America, Europe, Middle East and Africa as well as Asia. VMware has 3,900 partners in 100 countries, which is the world’s largest hybrid cloud network!10:03 am PTVMware vCloud Air will include:DevOps Services – available later this yearDatabase as a Services – MySQL, SQL serverObject Storage – based on ViPR (beta in September)Mobility Services – Airwatch, PivotalCloud Management – vRealize air automationUsers can get in the beta program by visiting vCloudAir on demand.  9:23 am PTPat Gelsinger just noted that Apollo Education Group can sleep easy at night because they’re running their IT infrastructure on a Vblock System.9:28 am PTThe path of the software defined enterprise will come the power of “and,” rather than having only traditional apps or cloud -native apps. Gelsinger wants to bridge the gap between the two columns below. 9:32 am PTVMware is announcing several new ways of moving into the cloud, including a key feature with VCE!VCE and VMware Expand Strategic Partnership to Collaborate on Hybrid Cloud Solutions 9:20 am PTPat Gelsinger is discussing how companies and people have to be brave to leap ahead in technology. VCE is one of those brave companies, we’ve spearheaded the converged infrastructure industry and we’re driving the evolution of the marketplace. The brave will certainly thrive.  9:12 am PTVMware will be spending up to $250,000 for several children, education, environment, human’s rights and women and girls. Attendees can build paper airplanes to fly and will represent the amount of money donated by VMware.  10:09 am PTPat Gelsinger closes out the first keynote by asking customers to “Go Bravely” into the next evolution of IT.10:19 am PTCarl Eschenbach just stepped up to set the stage for customer spotlights. The first customer is Medtronic, who focused on automation and the software defined data center. Customer advice: Do more with less and bring capabilities to market that are truly transformational.10:24 am PTThe next customer to take the stage is from MIT, who provides IT services as a platform as a service for their community of 1,000 small businesses. They’re working with VMware to virtualize their platform – they’re 99% virtualized. 10:29 am PTVMware welcomes its last customer – Ford  Motor Company – to the stage to discuss innovation in IT. Ford needed the ability to rapidly provision services and applications. Their infrastructure couldn’t handle the needs of the company. Therefore they needed to rebuild for scale.10:38 am PTVMware closes out the keynote by discussing how IT is about the power of “and” . Together, there are no limits. 9:00 am PTVMware: The limits of the possible can only be defined by going beyond them into the impossible. The company kicks off the show with a brilliant dance routine and light show. 9:42 am PTVMware is also announcing strong momentum in IT security. Gelsinger relates security to a hard boiled egg – hard on the outside, soft on inside. 9:45 am PTVMware sees the Hybrid Cloud as the future, not a way to the future. They rebranded their offering as the vCloud Air. VCE will be supporting the vCloud Air offerings.Gelsinger: “The future is Hybrid”9:48 am PTBill Fathers, EVP and GM of Hybrid Cloud at VMware, just took the stage to give us an update of where VMware is with the hybrid cloud, look at customer use cases and then discuss the future. 9:51 am PTCustomers are moving to the public cloud for agility, efficiency, and cost savings, causing public cloud adoption to increase. There are four phases of cloud adoption: experimental, professional, mass market and legacy. But the public cloud environments do not scale, customers need the hybrid cloud to scale into the professional phase. 9:36 am PTGelsinger is also announcing a common platform for all applications – containers without compromise – with Docker, Google and Pivotal.9:41 am PT VCE is getting ready to listen to the VMworld keynote in San Francisco. I’m looking forward to hearing VMware discuss the software defined data center, end user computing, virtualization, and more!Below is a live blog from the VMworld keynote.8:53 am PTPeople are filing into the VMworld keynote. There’s a lot of eager VMware fans waiting to find out the latest news from the company. 9:14 am PTPat Gelsinger just took the stage at VMware and is comparing discussing the fluidity of transformation and evolution. He’s discussing how key customers, including Metro Health and Lufthansa, are being more fluid and innovative in how they use technology.last_img read more

Garden nap

first_imgBy William Terry KelleyUniversity ofGeorgiaGardening may have been more work than reward during this long,hot summer. So now you’re ready to hang up the hoe and spade forthe winter. But don’t quit just yet. Some fall maintenance willhelp you avoid problems next spring.First, make some good notes before you forget this season. Takenote of varieties that performed particularly well or not sowell. Make a map of areas in the garden that have problem weeds.Identify them if you can. Note any areas that have stayed too wet or areas that didn’t produce well. Fall is the ideal time to take a sample for nematodes, too.They’ll be at their highest populations while the weather isstill hot and vegetation is still growing. Mark your calendar totake a soil test within the next two months, too, so you’ll havetime to apply any needed lime well before spring planting.Clean upOnce you’ve updated your records, remove any trellises you’ve put up in the garden. Remove any string or plant debris, and knock off any excess soil. Store them in a dry place to help preserve the life of the trellis materials.If you have irrigation in your garden, situate them for winter,too. Remove hoses, sprinklers, drip tape, etc. Store these out of the elements for the winter, after you remove any excess soil or plant debris.Repair, sharpen and lightly oil garden implements before storage, too.Now that you have all the obstacles out of the way, it’s a goodidea to run a rotary mower across the garden to chop up any plant debris that remains. This allows plant debris to dry down faster and keeps weeds from going to seed before frost. Applying a burn-down herbicide a few days before mowing is even better.Cover cropUse the fall to add organic matter like grass clippings, manureand leaves that have been composted. Then bury the organic matter and debris by turning the land and planting a cover crop for the winter. This will help prevent soil erosion. It can build up the soil when you turn under the cover crop in the spring. A grain such as rye or wheat works well for this.Finally, don’t forget to order your seed catalogs by the end ofthe year and begin planning next year’s garden. Getting your seed ordered early in the year will better your chances of getting the varieties you want.Have a cozy winter. Spring’s just around the corner, and gardenfever will be getting your blood pumping to get out and play inthe soil again.(Terry Kelley is a Cooperative Extension vegetablehorticulturist with the University of Georgia College ofAgricultural and Environmental Sciences.)last_img read more