Word: englund
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Dates: during 2000-2009
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...economic growth. In the past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are doing and it's a good indicator of actual spending," says Michael Englund, chief economist for Action Economics, a bond and currency market consulting firm. "The good news for households is that food and energy prices are falling, although some might see this as a weakness in demand and a sign the economy is slowing." Englund says the drop below August's sales...
...Michigan Survey of Consumers posts its sentiment index for early October, which measures shoppers' outlooks as they gear up for the holiday buying season, a crucial period that accounts for as much as 40% of retailers' annual sales. "Traditionally, if gas prices are up, consumer confidence is down," says Englund. "I'm not sure what will be captured by the Michigan Index, but I think it will drop because the RBC index dropped and that makes intuitive sense." According to the National Monthly RBC/CASH (Consumer Attitudes and Spending by Household) Index, consumer confidence plummeted 32 points in October, from...
...releases housing starts, a figure that measures the number of privately-owned new residential homes being built. Analysts predict figures will either level off or continue to drift downward slightly from the August number of 895,000. The upside: "There isn't a lot of room for decline," says Englund. Many experts believe the bottom is near. LaVorgna says it is just a matter of time before the number drops below 800,000, a large plummet from the 2005 high of more than 2 million new homes under construction...
...result, defense lawyers say they will challenge the basic fairness of the proceedings. Indeed, this week, Hamdan's lawyers will allege "unlawful command influence" over their client's prospective trial. Col. Davis, Guantanamo's former chief prosecutor, is expected to testify that Gordon Englund, the Deputy Secretary of Defense and the Pentagon's second-highest civilian, told him last year, "We need to think about charging some high-value detainees because there could be strategic value before the [November] election." Davis is also expected to repeat, as he has in court filings, that the Defense department's former top lawyer...
...preceded by Balanchine’s groundbreaking “Serenade.” With its simple elegance and timeless plot, “Serenade” was, of the two pieces, the true gem, outshining “La Sylphide” in its choreography (by Sorella Englund after August Bournonville) and performance...