Fed: Economic Activity Increases Due to Better Weather

first_img Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Fed: Economic Activity Increases Due to Better Weather Data Provider Black Knight to Acquire Top of Mind 2 days ago April 18, 2014 653 Views Reports from the Federal Reserve’s 12 districts indicate economic activity has increased in most regions across the country since the end of February as the unusually harsh winter came to an end.As in the last Beige Book report, the word “weather” appeared more than 100 times in the Fed’s latest release, though the theme this time was generally one of improvement rather than sluggishness.According to the most recent update, eight districts—Boston, Philadelphia, Richmond, Atlanta, Minneapolis, Kansas City, Dallas, and San Francisco—characterized their economic expansion from March to April as “modest or moderate,” while Chicago reported a pickup in growth.Cleveland and St. Louis were the exceptions, each experiencing a decline in economic activity.In housing, reports were varied from district to district; however, “across most Districts, home prices rose modestly and inventory levels remained low.”Sales activity was harder to nail down: Kansas City, Dallas, and Richmond each reported a seasonal pickup in demand, while New York and Chicago continued to see mixed numbers attributed to cold weather. Major metros in the St. Louis and Minneapolis districts also reported weakness since the last Beige Book.Meanwhile, homebuilding activity grew in most districts, with only St. Louis, Minneapolis, and Cleveland seeing significant declines, in part due to rising costs for raw materials.Overall, the Fed reported increased loan demand, though residential mortgage borrowing was mixed or on the decline in the majority of districts.“[O]nly Dallas and San Francisco reported slight growth. New York, Philadelphia, Cleveland, and Richmond cited the inclement weather as a factor reducing home sales and therefore mortgage borrowing,” the report said.Credit standards were largely unchanged in most districts, though reports from San Francisco indicated tightening, while reports in Atlanta showed loosening standards.On the same day the Fed released its Beige Book, chair Janet Yellen took the stage at the Economic Club of New York.One of the biggest takeaways from Yellen’s speech was a projection of maximum employment—5.2 to 5.6 percent—by the end of 2016, which fits with the book’s report of “mixed but generally positive” labor market conditions across most districts.However, she also admitted that there are factors beyond the monthly headline unemployment rate to consider when gauging economic expansion: “For example, the share of the workforce that is working part time but would prefer to work full time remains quite high by historical standards. … The low level of labor force participation may also signal additional slack that is not reflected in the headline unemployment rate.”All things considered, Yellen’s comments and the tone of the latest Beige Book indicate the Federal Open Market Committee is likely to continue reducing the Fed’s monthly asset purchases in measured steps. The Best Markets For Residential Property Investors 2 days ago Share Save Tagged with: Beige Book Demand Federal Reserve Home Prices Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Fed: Economic Activity Increases Due to Better Weather The Best Markets For Residential Property Investors 2 days ago Previous: Axios Valuation Solutions Approved as AMC for Flagstar Bank Next: Freddie Mac’s Outlook for April Giving ‘Mixed Signals’center_img Subscribe Beige Book Demand Federal Reserve Home Prices 2014-04-18 Tory Barringer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles in Daily Dose, Featured, Government, Headlines, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

News story: Funding for Commonwealth partnerships to improve antimicrobial stewardship

first_imgThe scheme is funded by the Department of Health and Social Care’s Fleming Fund and was launched in September 2018. The Fleming Fund has committed £1.3 million in UK aid to support new or existing partnerships between NHS trusts and UK health institutions, and their counterparts across 4 African Commonwealth countries.Through these partnerships, multidisciplinary teams of pharmacists, doctors and specialist nurses will link with teams in partnered institutions and undertake projects of up to 15 months. These projects aim to improve AMS practices through raising awareness, improving protocols and developing tools that will reduce the spread and increase of antimicrobial resistance (AMR).DHSC is funding teams from across the UK with strong records in antimicrobial stewardship such as Norfolk and Suffolk NHS Foundation Trust, Cambridge University Hospitals NHS Trust and Northumbria Healthcare NHS Foundation Trust. The project is also funding education and research institutions to support these partnerships, including Brighton and Sussex Medical School, the University of Manchester and Nottingham Trent University.The UK government published a 5-year action plan and 20-year vision for AMR earlier this year. The role of stewardship was highlighted as important in containing and controlling AMR by 2040, and the role of engaging the international audience and providing global guidance was noted as being essential.Through partnerships like those under the Fleming Fund, UK aid is helping bring improvements in healthcare to people across the continent and delivering global benefits. AMR is a global threat that does not respect borders – by tackling this threat abroad, the UK can better protect against resistance domestically.Professor Keith Ridge, England’s Chief Pharmaceutical Officer, said: The quality of all the proposals received was extremely high and the selected NHS teams will make a great impact working in partnership with teams on stewardship practices across Africa. The UK has a lot to share in antimicrobial stewardship and it’s encouraging to see such an interest in sharing learning between the NHS and the partner countries.last_img read more

Wander Historic Downtowns Along the Shenandoah Spirits Trail

first_img Pop into Locke Store in Millwood for a sandwich to go, a slice of pie, or any number of other delicious treats from the deli and bakery. Then it’s just a short drive to the town of Berryville for a day shopping for antiques and hand-crafted goods to remember your trip by. Veramar Vineyard is the perfect place to end your tour of the area with a glass of wine in an idyllic setting. Wandering Main Street With all of these stops and more, you’ll want to keep coming back year after year. Experience WanderLove for yourself when you visit the Shenandoah Spirits Trail. Browse the many delights of Luray’s Downtown Historic District where you’ll find everything from antiques and books to galleries and boutique clothing shops. West Main Market, a full service delicatessen and sandwich shop, features a variety of homemade dishes and specialty meats. Grab lunch or dinner to take with you wherever the day may lead you. Inspired by the farms of Page County, nearby Hawksbill Brewing Company provides a rotating menu of craft beers to choose from. Or try a glass of their Boo Beer, a root beer made from local honey, for a non alcoholic alternative. Take a tour of the contemporary murals and artistic talent at the heart of Strasburg. Along the way, you can learn about the local history or pick up something to take home with you from one of the 90 antique vendors at Strasburg Emporium. When you’re done shopping, The Pancake Underground is a cozy eatery serving delicious comfort foods for breakfast and lunch. Settle in for an evening at the town’s historic theatre, now home to Box Office Brewery, for good food and even better beer. Swing by Heard’s Cedar Hill Farm Market in Bentonville to pick up a variety of local produce, fruits, meats, and more to make a meal on the go. Then make your way into the town of Front Royal to explore the shops in the Main Street Historic District, plus the northern entrance to Shenandoah National Park. Finish up your day at Front Royal Brewing Co. with craft beer, gourmet food, and live music. The small towns of Virginia’s northern Shenandoah Valley offer a quiet getaway just a short drive from many of the East Coast’s major cities. Among the rolling hills, you’ll find welcoming faces and thriving local shops no matter where you stop.center_img Just off the South Fork Shenandoah River, stroll through Elkton as you take in the history and scenery in the shadow of Shenandoah National Park. For a true local experience, order a rack of ribs or pulled pork sandwich from Log Cabin BBQ. Grab a drink from Elkton Brewing Company or head into the city of Harrisonburg for a variety of brewery options nestled together in downtown.  As you travel through six counties, several cities, and countless towns, you’ll find some of the finest outdoor recreation and craft drinks Virginia has to offer. Running along the Interstate 81 corridor through the Shenandoah Valley, the spirits trail is a great way to take in the mountain views and delightful downtowns with a drink in your hand. Featuring 23 wineries, 22 breweries, three cideries, and two distilleries, you’re sure to find a drink that satisfies your post-adventure cravings. Discover the best spots for shopping, eating, and drinking in this guide to the Shenandoah Spirits Trail. All photos courtesy Shenandoah Spirits Trail Please check local guidelines and regulations before making plans to get outside. Remember to practice social distancing guidelines, wear a mask, and respect others’ health when outside. WanderLove is about reconnecting with what you love. Experience charming downtowns, delightful eateries, and all of the winding roads in between when you road trip the Shenandoah Spirits Trail through the northern Shenandoah Valley of Virginia.last_img read more