The Chamber presents news and information from a variety of sources on the economy, local items of interest and thought-provoking opinion. The stories are culled from sources around the world including the New York Times, Wall Street Journal, Pasadena Star-News, Los Angeles Times, Atlantic magazine, the Times of London and more. We present the headline [...]
Entries Tagged as 'recession'
This week’s leading indicators
May 17th, 2010 · No Comments · California government, economy, environment, government reform, Pasadena Economy, recession
Tags:business·business growth·California·California government·economy·energy·Governor Schwarzenegger·Pasadena business·recession·water
City of Pasadena Recovery Zone Facility Bonds available for local businesses
February 17th, 2010 · No Comments · Pasadena Economy, recession, referrals
Recovery Zone Facility Bonds The City of Pasadena has received an allocation of $11.1 million in Recovery Zone Facility Bonds. These funds are available, through subsidized loans, from the U.S. Government to support projects that will add jobs for local residents. City Treasuer Vic Erganian sent a letter to the Chamber providing the following information: [...]
This week’s leading indicators
January 17th, 2010 · No Comments · News and Information, Opinion, recession, Uncategorized
News about business and the economy from a wide variety of sources. (Click on the headlines to access the entire story from the original source.) From the Los Angeles Times: Obama proposes strong new regulations on banks Obama essentially seeks to return to rules, repealed in 1999, that prevented bank holding companies from owning both [...]
Tags:business·business growth·California·California government·Governor Schwarzenegger·Pasadena Chamber·recession·stimulus·taxes·unemployment
City, Chamber sponsor campaign to encourage local shopping
November 20th, 2009 · No Comments · economy, Grow Your Community, holidays, New Business, Old Pasadena, Pasadena, Pasadena Chamber Events, Pasadena Chamber Policies, Playhouse District, recession, Shop Pasadena, shopping, Uncategorized
For the second year, the Pasadena Chamber and the City of Pasadena are teaming up to promote shopping in Pasadena. This holiday season, Grow Your Community by keeping your shopping dollars here in the city where you live, work or do business. Your sales generate tax dollars that maintain the quality of life and vibrant [...]
Tags:business growth·Chamber of Commerce·economy·grow Pasadena·holiday·local·local solutions·Pasadena business·Pasadena Chamber·shopping·small business
Of course, California's leadership has yet to face our biggest challenge
November 17th, 2009 · No Comments · California government, economy, government reform, News and Information, Opinion, recession, Uncategorized, unemployment
LA Times reports: California faces a projected deficit of $21 billion The legislative budget analyst’s projection, to be released Wednesday, threatens to send Sacramento back into gridlock and force across-the-board cuts to state programs By Shane Goldmacher November 17, 2009 | 6:45 p.m. Reporting from Sacramento - Less than four months after California leaders stitched together a patchwork [...]
Tags:budget·business·business growth·California·California government·deficit·economy·Governor Schwarzenegger·legislature·recession
Sometimes I need reminding why we subscribe to so many magazines
November 17th, 2009 · No Comments · economy, News and Information, recession, Rose Bowl, Uncategorized
From Time: A Stimulus Success: Build America Bonds Are Working By STEPHEN GANDEL Tuesday, Nov. 17, 2009 Guy Greenly picks up traffic cones at a road-construction site on Feb. 17 in Fort Lauderdale, Fla. When Congress wrote the Build America Bond program into February’s $787 billion economic-stimulus bill, many predicted a flop. Nine months later, the [...]
Tags:business·business growth·China·economy·Obama·recession·world economy
Unemployment remains
November 6th, 2009 · No Comments · economy, News and Information, recession, Uncategorized, unemployment
Unemployment continues to rise, even as some claim recession over. From the New York Times: U.S. Unemployment Rate Hits 10.2%, Highest in 26 Years By PETER S. GOODMAN Job seekers at a recruitment job fair conducted by Prudential Financial in New York this week. As the unemployment rate surged to 10.2 percent in October, reaching [...]
Tags:business·business growth·California·economy·New York Times·Pasadena business·recession·small business·unemployment
And the Pasadena Star-News published my piece on the economic impact of U2 in the Rose Bowl
November 1st, 2009 · No Comments · economy, Opinion, Pasadena, recession, U2, visitors
Huge events at Pasadena’s stadium do create an economic impact throughout the region. U2′s 360º tour in the Rose Bowl was no exception. Thanks to the editorial board of the Star-News/San Gabriel Valley Newsgroup for choosing to publish this: Guest View: Economic impact of U2: 360 degrees beyond the Rose Bowl By Paul Little Posted: 10/31/2009 [...]
Tags:business·business growth·economy·Pasadena business·Pasadena Chamber·recession
Expensive real estate tough to sell, dinosaur bones, too
October 4th, 2009 · No Comments · economy, News and Information, recession, Uncategorized
Really no surprise here. From the LA Times: Too many palatial homes, too few princely buyers As spec mansions lie unsold across Southern California, stressed sellers may deflate the housing market’s high end by lowering their prices. A super-sized home in Orange County’s Coto de Caza community lies vacant. Larry Igarashi put it on the [...]
Tags:business·business growth·California·Chamber of Commerce·economy·Pasadena business·recession
Some indicators
August 16th, 2009 · No Comments · economy, News and Information, recession
LA Times reports trouble at the ports: not enough coming in or going out. Reports say to expect it to take four years for port activity to completely recover. Grim forecast for L.A. and Long Beach ports The busiest U.S. seaport complex won’t fully recover from the economic downturn until 2013, a report says. Imports [...]
Tags:business·business growth·Chamber of Commerce·economy·Governor Schwarzenegger·L.A. Times·London Times·Pasadena business·Pasadena Star-News·recession·small business·stimulus·taxes