Today’s Issue Cluster: US Labor
US – Budget deficit has declined, so has anxiety in Congress
Shrimp – Asian Imports Are Chewing Up US Suppliers
Sands – The Glut Is About to Get a Lot Bigger
Japan – Q2: GDP shrinks less on inventory gains; -1.2% was -1.6% / AP / R / B
China – Aug: Imports tumble; -13.8% from -8.1% WSJ / FT / NYT / AP / r *
EZ – Q2: Economic Growth Revised Higher; +0.4% was +0.3% / WSJ / AFP / AP / B / b eu * *
US – Aug: NFIB Small-Business Confidence Improves a Bit; 95.9 from 95.4 / WSJ / R
US – Companies Dominate Eurozone Debt Issuance WSJ *
US – Risks Grow for Slow but Steady Expansion WSJ *
US – Lower Gas Prices Yield Uneven Benefits WSJ *
US – Where’s That Cheap Oil Windfall? BW *
US – Economic Forecasting Is Getting More Up-to-the Minute WSJ *
US – Lacks Ammo for Next Economic Crisis WSJ / B *
US – Canada could cool off momentum B *
US – Budget deficit has declined, so has anxiety in Congress R * *
Fed – Blurry Job Picture Poses Test WSJ / FT *
Fed – Decision May Hinge on Which Holds Sway: Data or Outlook B * *
Fed – Markets left guessing FT *
US – Rate Worries Pose Obstacle for Banks WSJ *
US – Stronger Housing Sector Isn’t Boosting Economy That Much WSJ *
US – Riskier subprime bonds are back, as “non-prime” FT
US – Liar Loans Are Back B * *
US – Almost Half of Homes in NY and DC Are Now Losing Value B *
US – Housing insulated, not immune from global markets B * *
US – Home Builders Say Loans Are No Longer Scarce wsj *
US – Size of New Homes Shrinks by One Closet WSJ *
US – Rents Rise Faster for Midtier Apartments Than Luxury Ones WSJ *
US – Cost of Skyscraper Glass Hits Dizzying Heights WSJ
US – AIA billings indicate expansion / cr *
US – ‘Don’t Take the August Job Report at Face Value’ B *
US – More Seen Returning to the Job Market WSJ *
US – Post-Recession Job Growth Coming in High-Wage Positions WSJ *
US – Summer Break: Fewer Young People Seek Jobs wsj * *
US – Sputtering Worker Productivity Vexes Economy WSJ *
US – Beyond the Internet, Innovation Struggles WSJ *
US – Carmakers wage battle over worker pay FT * *
US – Higher Wages Impacting Wal-Mart B *
Batteries – Restrictions on Airborne Shipments of Lithiums Gain Support WSJ
Batteries – Auto Industry’s Ranks of Suppliers Narrow WSJ
Shrimp – Asian Imports Are Chewing Up US Suppliers B * *
Salmon – European demand for Scottish seafood has fallen ft *
Sands – Companies expanding production despite oversupply G&M
Sands – The Glut Is About to Get a Lot Bigger B *
Speed limits across the US wapo *
