Today’s Issue Cluster: US Economy
F&B – Taxes on fizzy drinks seem to work as intended
Honey – US bee colonies hit a 20-year high
Alt – Biofuels: Boost Pleases Neither Refiners Nor Growers
China – Dec: Official PMI falls to 3 year low; 49.6 from 49.8 / AFP / WSJ / AP
EZ – Oct: Unemployment rate falls to near 4-year low; 10.7 from 10.8 / AP / AFP
Brazil – Q3: Economy shrinks by record; -1.7%, -4.5% yr / FT / AFP *
Canada – Q3: Economy rebounds but fears persist; +2.3% from -0.3% / G&M / FP / CBC / B
US – Nov: ISM contracted for the first time since ’12; 48.6 / WSJ / r *
US – Nov: Markit PMI drops to lowest in 25 months; 52.8 from 54.1 / m *
US – Oct: Construction spending near eight-year high; +1.0% from +0.6% / R
Currencies – Dollar bulls usher in pivotal policy week FT *
Currencies – Euro looks like it has further to fall FT *
US – Companies Shy Away From Spending WSJ * *
US – Slow Consumer Spending Signals Caution WSJ *
US – S&P 500 Profits Fall $25b in First Three Quarters B *
US – Falling Corporate Profits Blur Outlook WSJ * *
US – Local Area Personal Income: 2013-2014 / bea *
US – State Coincident Indexes increased in 43 states / cr *
US – The cities that are growing the fastest / wapo *
Fed – US credit tightens ahead of policy shift FT * *
Fed – Inflation May Guide the Pace of Rate Hikes B * *
US – Big Banks Cut Back on Loans to Small Business WSJ *
US – Surge in Subprime Auto Lending Draws Attention WSJ *
US – Pending Home Sales Rise 0.2% WSJ
US – Home Price Growth Gains Momentum WSJ
US – Lofty Prices Denting Home Sales WSJ *
US – Keeping size limit for federally backed mortgages WSJ *
US – ND Home Prices Recover Most Since 2006 / B *
US – Housing Rebound Hasn’t Lifted the Economy Much WSJ *
US – Real Home Prices Could Take 17 Years to Return to Peak wsj *
US – Is Gentrification Caused by Quest for Shorter Commutes? A *
US – Farmland Prices Decline Across Parts of Midwest WSJ
US – Architecture billings down slightly cr *
Travel – Russians Seeking Winter Retreat Are Stopped Cold WSJ
Travel – China’s Globetrotting Tourists Face Trouble at Home WSJ *
Travel – US Hotels Finishing Year Strong / cr *
F&B – UK Panel Calls for Tax on Sugary Drinks WSJ
F&B – Indonesian Sugar-Tax Talk Chills Drinks Industry WSJ *
F&B – Taxes on fizzy drinks seem to work as intended E *
F&B – Energy Drinks Not Popular Enough to Replace Soda nyt *
Honey – US bee colonies hit a 20-year high wapo *
Nuts – Lactose-intolerant Americans spur cashew boom B * *
Alt – Biofuels: Boost Pleases Neither Refiners Nor Growers B / WSJ *
Alt – Solar: Sunnova Energy calls for end of US tax break FT / FT * *
Alt – Solar: Abengoa starts insolvency proceedings FT / FT *
Alt – Solar: EMs Outspend OECD B * *
Every taxi ride in New York City since 2009 vox *
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