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Economics Gazette

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October 19, 2017

About Angelina Nieves

My name is Angelina Nieves, 25-year-old girl from Tula, Mississippi, USA. I graduated in University of Texas at Austin with bachelor degree of Information, Risk and Operations Management. So far, I have 2 years experience as freelance journalist for some local finance and business magazines, but also worked as accountant specialist in some local companies.

Posts by: Angelina Nieves

Chinese service sector activity

Chinese service sector activity slowed sharply in September 2017

Chinese service sector activity slowed sharply in September, shows the latest private index, contrasting with official government figures for growth. The Purchasing Managers’ Index (PMI) dropped to 50.6 points in September from 52.7 points in August, which is the lowest value in 21 months, according to the Caixin Economic Review and the private economy institute

British productivity

British productivity falls sharply after the Brexit vote

British productivity falls sharply after the Brexit vote, highlighting the major challenge, which the economy is facing. Britain has long struggled to get higher productivity from workers, with many companies hiring additional employees instead of investing in new equipment. This led to a drop in unemployment to the lowest level of more than 40 years,

major Japanese industrial companies

Managers of major Japanese industrial companies are optimistic about future development

Managers of major Japanese industrial companies are increasingly optimistic about future developments, and their trust has reached a 10-year maximum. This is yet another argument for Prime Minister Shinzo Abe as part of his campaign for early parliamentary elections. After a series of positive indicators – on consumption, inflation, industrial output and employment – announced

US jobless claims

Hurricanes consequences continues to affect US jobless claims

The number of Americans applying for unemployment benefits last week increased by 12,000 to 272,000 against the ongoing economic reflections after the Hurricane Irma in Florida. The Labor Ministry reported that the less hesitant four-week average has increased by 9,000 claims to 277,750, which is the highest level since February 2016. Immediately after the Hurricane

US consumer confidence

US consumer confidence dropped slightly in September 2017

US consumer confidence dropped slightly in September 2017, partly being hit by hurricanes Irma and Harvey. However, the most Americans remain optimistic about the economy. The consumer confidence index dropped to 119.8 points from the revised 120.4 points in August, shows the assessment the private Conference Board. Trust has declined “significantly” in Texas and Florida,

Italian youth unemployment

The big problem of Italian youth unemployment

Italian youth unemployment is growing and the government has finally taken steps to respond to the crisis. However, given its low budget it is questionable how much they can help. Not surprisingly, local media says “There is no place for the young” in a country where the economy is stagnant and offers few prospects for

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