Analysis: Currencies cause Detroit's woes

COLLEGE PARK, Md., Nov. 14 (UPI) -- U.S. automakers, who met with President Bush Tuesday, are rightly concerned about undervalued Asian currencies, a Maryland economist said.

U.S. trade deficit moderates in September

WASHINGTON, Nov. 9 (UPI) -- The U.S. deficit on trade in goods and services in September was $64.3 billion, slightly down from August's record of $69 billion.

Jobs data spells stagflation - economist

COLLEGE PARK, Md., Nov. 3 (UPI) -- Fresh data from the U.S. Labor Department indicates the U.S. economy is close to a combination of recession with inflation, an economist said Friday.

U.S. spending binge may be ending

COLLEGE PARK, Md., Oct. 30 (UPI) -- Data released Monday by the Commerce Department on U.S. personal savings hold a silver lining for the stock markets, an economist said.

Analyst: More trouble in U.S. housing

COLLEGE PARK, Md., Oct. 25 (UPI) -- U.S. existing home sales are not expected to firm until spring 2007 at the earliest, an economist said Wednesday. The National Association of Realtors reported September existing home sales were 6.16 million, down from 6.30 million in August and down from

Analyst: Big Three face more big losses

COLLEGE PARK, Md., Oct. 25 (UPI) -- U.S. carmakers face more big losses because of their inability to sell vehicles, as indicated by how long each vehicle sits on a lot.

Ford Motor critic: End the family control

DEARBORN, Mich., Oct. 23 (UPI) -- Word of another huge loss at the No. 2 U.S. automaker has renewed calls for shareholders to cut the founding family's control.

Report: U.S. economy set for more growth

COLLEGE PARK, Md., Oct. 20 (UPI) -- Barring a gas price rebound and a severe housing price downturn, the nation's economy should continue growing strongly into next year, an economist says.

Silver lining in month's weak job creation

COLLEGE PARK, Md., Oct. 6 (UPI) -- Friday's U.S. Labor Department report that job creation last month was weak is leading some economists to see a silver lining in the data.

U.S. income up, spending falling

WASHINGTON, Sept. 29 (UPI) -- U.S. personal income increased 0.3 percent in August, as had been forecast, but spending was weaker last month than expected.

Outlook: U.S. economy robust

COLLEGE PARK, Md., Sept. 22 (UPI) -- A former U.S. international trade economist says the U.S. economic outlook appears to be quite robust, despite recent negative signals.

PPI news foreshadows 'soft landing'

COLLEGE PARK, Md., Sept. 19 (UPI) -- News of August producer price weakening is strengthening analysts' hopes that the U.S. economy may avoid both inflation and recession.

U.S. trade deficit jumps in 2Q

WASHINGTON, Sept. 18 (UPI) -- The U.S. second-quarter current account deficit rose sharply to $218.4 billion, up from $213.2 billion in the first quarter.

Economist sees stock market rally

COLLEGE PARK, Md., Sept. 15 (UPI) -- A University of Maryland economist said Friday that the likelihood of a rally on Wall Street is growing stronger.

U.S. retail sales up modestly

WASHINGTON, Sept. 14 (UPI) -- U.S. retail and food services sales for August rose 0.2 percent to $368.2 billion, the Commerce Department reported Thursday.
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Peter Morici is an Economist and Professor at the R.H. Smith School of Business at the University of Maryland, College Park. He is a graduate of SUNY Albany in New York State where he received his Ph.D in Economics in 1974.

From 1974 to 1976, he taught at Augsburg College in Minneapolis. In 1976, he joined the Federal Energy Administration In 1978 he moved to the National Planning Association in Washington where he was elected a Vice President in 1983. He joined the University of Maine as a Professor of Economics in 1988 and was Director of its Canadian-American Center from 1990 to 1993. He served as chief economist at the U.S. International Trade Commission.

Morici is the author of 18 books., and has recently signed up to be a pitchman for Kyocera.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Peter Morici."
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