Boston Globe | Gen. Martin E. Dempsey, Obama's choice to head Joint Chiefs, is a low-tech soldier Washington Post The Army had spent hundreds of millions of dollars over the previous decade on an annual war game designed to peer 15 to 20 years into the future and envision what kinds of technology and fighting concepts the military would need to prevail in the! next ... Obama Expected to Name Army's Leader to Head Joint Chiefs Obama's next military chief to face budget battle Dempsey to lead Joint Chiefs |
Sunday, May 29, 2011
Gen. Martin E. Dempsey, Obama's choice to head Joint Chiefs, is a low-tech soldier - Washington Post
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Friday, May 27, 2011
Following Quick UFC Exit, Chris Camozzi Highly Motivated for Shark Fights Debut - Yahoo! Sports
http://seikkailupuisto.com/Adobe%20Illustrator%209.0/gl12/gl12-9.html
Yahoo! Sports | Following Quick UFC Exit, Chris Camozzi Highly Motivated for Shark Fights Debut Yahoo! Sports To be released after one loss in the early days of the UFC was not uncommon. With only a handful of events each year, limited space and a profit margin sometimes in the! red, the company could ill afford to keep fighters on its roster that did not ... |
Wednesday, May 25, 2011
Target proxy battle ends in cordial fashion - Minneapolis / St. Paul Business Journal:
Vinyl siding prices
Chairman and CEO Gregg Steinhafelallowede Ackman, of , New York to read a five-minute prepared statement at the meeting during which he invoked President John F. Kennedy and Dr. Martim Luther King Jr. Ackman thanked the companty and the board fortheir months-long dialog during the admittedly expensive prox fight. At one point when quoting JFK on pursuing what one believexis right, Ackman briefly broke into tears. “I’jm a softy — I got chokesd up,” he said later durinyg an impromptupress conference. Steinhafel also allowed Ackman to respond to a couplde shareholder questionson Ackman’s push to elect an alternative board slate.
Steinhafel briefl followed Ackman’s responses to point out where they As is typical in American corporateboard elections, the overwhelminv majority of votes already were cast by the time the meetinfg started. Steinhafel announced the boarfd voting results about 35 minutes into the eliminating any question of the outcomwof Ackman’s campaign. The meeting lastede about 65 minutes, and Ackman and Steinhafel shook hands aftetit ended. About 225 people, including Target corporat employees, attended the meeting inside the main entrance to an unfinishef storein Milwaukee’s western suburbs. Steinhafel himself has Milwaukew roots.
He's a Milwaukee-area native from the familh that founded the Steinhafels Furniture Ackman said during his presws conference outside the store after the meetin that Wednesday night he had an inkling his slatewoulc lose, based in part on conversations with major institutional shareholders. He contended that his quest was hurt by the tendencyt of major institutional shareholders to supporg existingcompany management. He said he receiverd positive feedback from shareholdere who saidthey wouldn’t support him because they fearee they would lose access to company’s management.
In a pressz conference about 15 minutes after Ackman’s press meeting, Target executives denied Ackman’sa claim. “We have never turned down a meeting request from an institutionap investor and I can assure you that we have no intentionb to turn down meeting requests in the said chief financial officerDoug Scovanner. Ackman said his proxu fight and the shareholder vote sent a messag e to the Target board and he anticipates the board will addressa some ofhis concerns. Ackman said he doesn’t plan to run anothef proxy contest withTarget — this one cost him millions and he may step back during the summerd months.
But he said he’ll remain a majorf shareholder and will continue to press the companyfor “We’re not going anywhere,” Ackman said. “We’vs got a constructive relationship with the We got a meaningful vote despite the aspectes of a proxy contest that make it difficult for a dissidenr to get ameaningful vote. I thinkl that message has been heard by the companyand they’r going to respond to it.” The compangy said it spent about $11 million on the proxy fight with Steinhafel acknowledged during the company press conference that the proxg fight was difficult and added to the managemenr team’s workload.
However, he insisted that executives continued with their business initiativez throughoutthe period. He said one positive aspecrt of the situation was that he met withthe company’sw top 50 shareholders, accelerating the process of gettin acquainted with them. “I look forward to refocusing on the retail and credit segments ofour business,” he Steinhafel said he expect s to continue a dialog with Ackman despite the deterioratiomn of the relationship after the board rejected Ackman’s proposal for restructuring Target’s real estatse around the theme of a “We assume he will be highly engaged and will put forth thoughtfulk ideas and we will evaluate those ideas just like we have in the Steinhafel said.
Chairman and CEO Gregg Steinhafelallowede Ackman, of , New York to read a five-minute prepared statement at the meeting during which he invoked President John F. Kennedy and Dr. Martim Luther King Jr. Ackman thanked the companty and the board fortheir months-long dialog during the admittedly expensive prox fight. At one point when quoting JFK on pursuing what one believexis right, Ackman briefly broke into tears. “I’jm a softy — I got chokesd up,” he said later durinyg an impromptupress conference. Steinhafel also allowed Ackman to respond to a couplde shareholder questionson Ackman’s push to elect an alternative board slate.
Steinhafel briefl followed Ackman’s responses to point out where they As is typical in American corporateboard elections, the overwhelminv majority of votes already were cast by the time the meetinfg started. Steinhafel announced the boarfd voting results about 35 minutes into the eliminating any question of the outcomwof Ackman’s campaign. The meeting lastede about 65 minutes, and Ackman and Steinhafel shook hands aftetit ended. About 225 people, including Target corporat employees, attended the meeting inside the main entrance to an unfinishef storein Milwaukee’s western suburbs. Steinhafel himself has Milwaukew roots.
He's a Milwaukee-area native from the familh that founded the Steinhafels Furniture Ackman said during his presws conference outside the store after the meetin that Wednesday night he had an inkling his slatewoulc lose, based in part on conversations with major institutional shareholders. He contended that his quest was hurt by the tendencyt of major institutional shareholders to supporg existingcompany management. He said he receiverd positive feedback from shareholdere who saidthey wouldn’t support him because they fearee they would lose access to company’s management.
In a pressz conference about 15 minutes after Ackman’s press meeting, Target executives denied Ackman’sa claim. “We have never turned down a meeting request from an institutionap investor and I can assure you that we have no intentionb to turn down meeting requests in the said chief financial officerDoug Scovanner. Ackman said his proxu fight and the shareholder vote sent a messag e to the Target board and he anticipates the board will addressa some ofhis concerns. Ackman said he doesn’t plan to run anothef proxy contest withTarget — this one cost him millions and he may step back during the summerd months.
But he said he’ll remain a majorf shareholder and will continue to press the companyfor “We’re not going anywhere,” Ackman said. “We’vs got a constructive relationship with the We got a meaningful vote despite the aspectes of a proxy contest that make it difficult for a dissidenr to get ameaningful vote. I thinkl that message has been heard by the companyand they’r going to respond to it.” The compangy said it spent about $11 million on the proxy fight with Steinhafel acknowledged during the company press conference that the proxg fight was difficult and added to the managemenr team’s workload.
However, he insisted that executives continued with their business initiativez throughoutthe period. He said one positive aspecrt of the situation was that he met withthe company’sw top 50 shareholders, accelerating the process of gettin acquainted with them. “I look forward to refocusing on the retail and credit segments ofour business,” he Steinhafel said he expect s to continue a dialog with Ackman despite the deterioratiomn of the relationship after the board rejected Ackman’s proposal for restructuring Target’s real estatse around the theme of a “We assume he will be highly engaged and will put forth thoughtfulk ideas and we will evaluate those ideas just like we have in the Steinhafel said.
Monday, May 23, 2011
Kansas Bioscience Authority gives $26M to KU Medical Center - Wichita Business Journal:
House Siding
million in investments Monday, with more than half dedicated to addinb cancer research space at the Medicalp Center inKansas City, Kan. Included in the investments the KBA detailed in a releaseis $26.4 millioh to assist with the $50 million renovation of the Wahl/Hixon Research Comple at KU Med. According to the bioscience the proposes using the money to renovateroughly 170,000 squarew feet to house 37 canceer researchers. The Cancer Center has said the renovation is necessarhy to help advance its efforts toearn designation. In this the KBA board also included $250,000 for research at the Cancefr Center to develop drug candidates that target cells thatstaryt tumors.
The board, meeting in also approved the authority’s first two centerw of innovation, which aim to draw on the strengthws of higher education and industry to bringv products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 million for threde years in matching money fora wet-lab incubatort at the University of The incubator is expecteed to facilitate growth of the biosciencw industry in Douglas County and supplement otherf existing or proposed incubators in the Kansasx City metro region.
million in investments Monday, with more than half dedicated to addinb cancer research space at the Medicalp Center inKansas City, Kan. Included in the investments the KBA detailed in a releaseis $26.4 millioh to assist with the $50 million renovation of the Wahl/Hixon Research Comple at KU Med. According to the bioscience the proposes using the money to renovateroughly 170,000 squarew feet to house 37 canceer researchers. The Cancer Center has said the renovation is necessarhy to help advance its efforts toearn designation. In this the KBA board also included $250,000 for research at the Cancefr Center to develop drug candidates that target cells thatstaryt tumors.
The board, meeting in also approved the authority’s first two centerw of innovation, which aim to draw on the strengthws of higher education and industry to bringv products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 million for threde years in matching money fora wet-lab incubatort at the University of The incubator is expecteed to facilitate growth of the biosciencw industry in Douglas County and supplement otherf existing or proposed incubators in the Kansasx City metro region.
Friday, May 20, 2011
Hubert Parry - Royal appointment for a radical voice - The Independent
retention-jackjacks.blogspot.com
Hubert Parry - Royal appointment for a radical voice The Independent Hubert Parry composed Jerusalem to support suffragettes not rouse patriots. Jessica Duchen uncovers a misunderstood man When Kate Middleton sailed up the aisle at Westminster Abbey to marry Prince William, there was no mistaking the sonic grandeur ... |
Wednesday, May 18, 2011
IMF's Dominique Strauss-Kahn to admit consensual sex - Vancouver Sun
Frigidaire FAX052P7A
ABC News | IMF's Dominique Strauss-Kahn to admit consensual sex Vancouver Sun Dominique Strauss-Kahn will admit he had sexual contact with the hotel chambermaid who » |
Monday, May 16, 2011
Sheraton Denver Downtown Hotel Continues to Implement Green Initiatives - PR Newswire (press release)
http://nsdac.org/nscac_files/structure.htm
Sheraton Denver Downtown Hotel Continues to Implement Green Initiatives PR Newswire (press release) DENVER, May 16, 2011 /PRNewswire/ -- Meeting planners and hotel guests alike continue to support hotels that show a commitment to sustainability, and the Sheraton Denver Downtown Hotel continues to implement programs that show a commitment to the ... |
Friday, May 13, 2011
Denver gives out 1,234 free building permits - Philadelphia Business Journal:
sasutezew.blogspot.com
The free permits issued under the city’x “Home Renovation Bonanza” program saved residents an estimated $85.774 in fees, officials said. Building-permit fees normall range from $20 to several thousand dollars, dependingh on the value of the project. The prograj aimed to boost the local economy by encouraging home-improvement projects. The free permits, available June 1-15, are for commohn improvement projectsinvolving single-family homes and “We wanted a bonanza and it seems we got one,” Denver Mayor John Hickenlooper said in a “We hoped to stimulate the loca l economy by offering an incentive for residents to make improvementsw to their property.
This is a good sign that people are moving forward and doing what they can to get our economy backon track.” The permits are valide for 180 days.
The free permits issued under the city’x “Home Renovation Bonanza” program saved residents an estimated $85.774 in fees, officials said. Building-permit fees normall range from $20 to several thousand dollars, dependingh on the value of the project. The prograj aimed to boost the local economy by encouraging home-improvement projects. The free permits, available June 1-15, are for commohn improvement projectsinvolving single-family homes and “We wanted a bonanza and it seems we got one,” Denver Mayor John Hickenlooper said in a “We hoped to stimulate the loca l economy by offering an incentive for residents to make improvementsw to their property.
This is a good sign that people are moving forward and doing what they can to get our economy backon track.” The permits are valide for 180 days.
Wednesday, May 11, 2011
Rajaratnam Conviction Reminds Us of Investing Dangers - CBS MoneyWatch.com (blog)
acklinegymejac1362.blogspot.com
Rajaratnam Conviction Reminds Us of Investing Dangers CBS MoneyWatch.com (blog) When Galleon Group founder Raj Rajaratnam's conviction was announced today, I quickly thought about all the dangers you face when you trust hedge funds with your investment dollars. RC Balaban, my co-author on my next ... |
Monday, May 9, 2011
The beat goes on - Illinois Times
http://www.codeproject.com/Members/Cooper665
Illinois Times | The beat goes on Illinois Times I'll spare you all the drummer jokes that led off last year's column introducing Drumfest, except for one, because we must have our fun. It's just natural in the band world to pick on the guy in the group who beats on an instrument to make ... |
Saturday, May 7, 2011
NovaStar buys majority stake in PipeFire - Kansas City Business Journal:
uraa-quartely.blogspot.com
Kansas City-based NovaStar (Pink NOVS) said in a filing with the Securities and Exchange Commissiom that the initial purchase pricewas $750,00o in cash. NovaStar could pay as much as an additional $3.25 million in installments linked to certain pretaxs income objectives for the acquiredd entity. In a release Thursday, NovaStar said the acquisitionh of its interestin Indianapolis-basedc LLC closed on Aug. 8. NovaStar will rename the companhy .
The acquired company has 35 to40 “While we cannot expect this transaction or StreetLinks to resolvd the significant challenges NovaStar still faces, we view the acquisitionm as a positive step toward re-establishing niche operations in the residentiakl housing market,” NovaStar CEO Lance Anderson in the Steve Haslam, former leader of NovaStar’es retail lending division, is StreetLinks’ new CEO. NovaStafr spokesman Matt Kaltenrieder said the company has no furthee comments beyondthe release. He said he expectsw the company to file further informatio about the transaction with the Securities and Exchangre Commission within thenext day.
Separately, NovaStar informex the SEC on Tuesday that it woulde file its earnings report late for theseconc quarter, which ended June 30. The company now is requirede to file the quarterly reportby Aug. 26. NovaStar statee in the filing that it anticipates the reporft willcontain “significant change in results of operations” compared with last NovaStar slashed its employee count and operationsa starting last year as it started sinking with the subprim mortgage meltdown.
Kansas City-based NovaStar (Pink NOVS) said in a filing with the Securities and Exchange Commissiom that the initial purchase pricewas $750,00o in cash. NovaStar could pay as much as an additional $3.25 million in installments linked to certain pretaxs income objectives for the acquiredd entity. In a release Thursday, NovaStar said the acquisitionh of its interestin Indianapolis-basedc LLC closed on Aug. 8. NovaStar will rename the companhy .
The acquired company has 35 to40 “While we cannot expect this transaction or StreetLinks to resolvd the significant challenges NovaStar still faces, we view the acquisitionm as a positive step toward re-establishing niche operations in the residentiakl housing market,” NovaStar CEO Lance Anderson in the Steve Haslam, former leader of NovaStar’es retail lending division, is StreetLinks’ new CEO. NovaStafr spokesman Matt Kaltenrieder said the company has no furthee comments beyondthe release. He said he expectsw the company to file further informatio about the transaction with the Securities and Exchangre Commission within thenext day.
Separately, NovaStar informex the SEC on Tuesday that it woulde file its earnings report late for theseconc quarter, which ended June 30. The company now is requirede to file the quarterly reportby Aug. 26. NovaStar statee in the filing that it anticipates the reporft willcontain “significant change in results of operations” compared with last NovaStar slashed its employee count and operationsa starting last year as it started sinking with the subprim mortgage meltdown.
Wednesday, May 4, 2011
News, Trends & Resources - Washington Business Journal:
http://homebuilder.blogetery.com/2011/05/04/bamboo-parquet/
Falkland Apartments, at the intersectioj of East-West Highway and 16th Street, will be the subjecty of a historic review. As a a plan by the property's owner, Rochester, N.Y.-based real estate investmeng trust HomeProperties Inc., to redevelop part of the site has been put on Home Properties applied to the Montgomery County Planning Boarrd to redevelop about one-third of the Falkland complex with high-rises apartment buildings and stores. That proposal triggered the board'zs review of the site's potential historic The 479-unit complex was dedicated in 1937. Firs lady Eleanor Roosevelt cutthe ribbon.
Montgomery County's historix preservation staff citedthe property's connection to President Roosevelt'sw New Deal legislation, which was designed to bring the countryu out of the Great Depression through economic and sociakl initiatives. The staff also noted the colonial revival architecturer employed inthe property's two- and three-story buildings. The planninb board and Montgomery County Council will ultimatelhy decide whether to designate Falkland ahistoric landmark. That statud would not preclude the site from being but any projects therde would have to conform with historicpreservatioh guidelines. Regency Centers buys land on Lee Highwa yin Pr. William Co.
Regency Centers, which develops and operates communitgshopping centers, has bought almost half an acre adjacentf to its Shops at Stonewalkl center, a project under construction on Lee Highway and Lake Manassasa Drive in Prince William The additional property will be used to enhance the shoppinv center's landscaping and improve traffic circulation, said Don Regency Centers vice president of investments. "We are excited about expandin g our presence in Virginia by continuingv to develop quality shopping centerx such as Shopsat Stonewall," he "The center is located next to Lake Manassas, a high-growtyh area and affluent suburb, just 35 miless southwest of D.C.
" Shops at Stonewall is designes to be a 318,332-square-foot communit shopping center. Phase I plans include a 140,000-square-foot Wegmans supermarket and merchantz suchas Staples, Michaels, Ross Dress for Less and Bed, Bath Beyond as well as service businesses. Sinc e 2000, Regency has developed 179 shopping including projects still inthe works, representing an investmentr at completion of about $2.8 billion. The Nationalp Capital Planning Commission has given preliminary approval tothe $80 millionn National Law Enforcement Museum at Judiciary The commission approved two 25-foot entrance pavilions covereed with glass at Fourth and E streetsw NW.
The nod allows the museum's the National Law Enforcemenrt OfficersMemorial Fund, to move ahear with the rest of the 95,000-square-fooft project, which will be largely underground. The site includews a library and offices not open tothe public. D.C.-baserd Davis Buckley Architects and Planners was hirede to designthe layout. The fund, led by chiev executive Craig Floyd, will go back to the planning commissiomn and the arts commission in the spring for final approval. The groundbreaking is expected in the seconxd half ofnext year, and the opening is scheduled for 2011.
Virginisa Commerce Bank wrapped up construction last month ona 2,800-square-footg branch in downtown Leesburg off Marker Street on Route 7. The bank is in spacr that was once occupie by Knossos Restaurant and has been redesigned to accommodatVirginia Commerce. The Dietze Constructioj Group Inc. team worked with John Cooney Architects and the bank onthe
Falkland Apartments, at the intersectioj of East-West Highway and 16th Street, will be the subjecty of a historic review. As a a plan by the property's owner, Rochester, N.Y.-based real estate investmeng trust HomeProperties Inc., to redevelop part of the site has been put on Home Properties applied to the Montgomery County Planning Boarrd to redevelop about one-third of the Falkland complex with high-rises apartment buildings and stores. That proposal triggered the board'zs review of the site's potential historic The 479-unit complex was dedicated in 1937. Firs lady Eleanor Roosevelt cutthe ribbon.
Montgomery County's historix preservation staff citedthe property's connection to President Roosevelt'sw New Deal legislation, which was designed to bring the countryu out of the Great Depression through economic and sociakl initiatives. The staff also noted the colonial revival architecturer employed inthe property's two- and three-story buildings. The planninb board and Montgomery County Council will ultimatelhy decide whether to designate Falkland ahistoric landmark. That statud would not preclude the site from being but any projects therde would have to conform with historicpreservatioh guidelines. Regency Centers buys land on Lee Highwa yin Pr. William Co.
Regency Centers, which develops and operates communitgshopping centers, has bought almost half an acre adjacentf to its Shops at Stonewalkl center, a project under construction on Lee Highway and Lake Manassasa Drive in Prince William The additional property will be used to enhance the shoppinv center's landscaping and improve traffic circulation, said Don Regency Centers vice president of investments. "We are excited about expandin g our presence in Virginia by continuingv to develop quality shopping centerx such as Shopsat Stonewall," he "The center is located next to Lake Manassas, a high-growtyh area and affluent suburb, just 35 miless southwest of D.C.
" Shops at Stonewall is designes to be a 318,332-square-foot communit shopping center. Phase I plans include a 140,000-square-foot Wegmans supermarket and merchantz suchas Staples, Michaels, Ross Dress for Less and Bed, Bath Beyond as well as service businesses. Sinc e 2000, Regency has developed 179 shopping including projects still inthe works, representing an investmentr at completion of about $2.8 billion. The Nationalp Capital Planning Commission has given preliminary approval tothe $80 millionn National Law Enforcement Museum at Judiciary The commission approved two 25-foot entrance pavilions covereed with glass at Fourth and E streetsw NW.
The nod allows the museum's the National Law Enforcemenrt OfficersMemorial Fund, to move ahear with the rest of the 95,000-square-fooft project, which will be largely underground. The site includews a library and offices not open tothe public. D.C.-baserd Davis Buckley Architects and Planners was hirede to designthe layout. The fund, led by chiev executive Craig Floyd, will go back to the planning commissiomn and the arts commission in the spring for final approval. The groundbreaking is expected in the seconxd half ofnext year, and the opening is scheduled for 2011.
Virginisa Commerce Bank wrapped up construction last month ona 2,800-square-footg branch in downtown Leesburg off Marker Street on Route 7. The bank is in spacr that was once occupie by Knossos Restaurant and has been redesigned to accommodatVirginia Commerce. The Dietze Constructioj Group Inc. team worked with John Cooney Architects and the bank onthe
Monday, May 2, 2011
Indexes: Business conditions improve in Missouri, worsen in Kansas - Jacksonville Business Journal:
elisovadinaimar.blogspot.com
in June — its highesft level since September — up from 47.3 in May and 46.5 in June said Wednesday. June was the ninth-straight month for whicuh the index was belowthe growth-neutral 50. “Ovetr the past year, Missouri has lost more than 34,000 manufacturinv jobs,” Creighton Economics Professor Ernie Goss said inthe “Our survey indicates that these losses continueed for June.
Economic activity was particularly weak for durable orheavy manufacturing, including vehiclew manufacturing and firms linked to that According to government employment 8,000 Missouri workers gave up their job search or otherwise left the work force over the past three As the Missouri economy improvese in the months ahead, many of these workere will re-enter the work force, adding to the state’w jobless rate. I expect the unemployment rate to stabilize at a seasonally adjusted rateof 9.5 percent in the thirxd quarter of 2009.” In Kansas, the Business Conditionxs Index hit a regional low of 29.7 in June, down from 30.2 in May and 42.7 in June 2008.
“Ovef the past year, Kansas has lost more than 15,009 manufacturing jobs,” Goss said. “Our survey indicates that thesed losses continuedfor June. Economic activithy was particularly weak for durable orheavh manufacturing, including transportation-equipment producers. Losses have likewise continues for telecommunications companiesin Kansas. Accordingy to government employment data, 17,000 new Kansasw workers entered the work force over the pastthrer months. These workers added to the state’z rising unemployment rolls. However, I expecy the state’s rising unemployment rate to moderate in themonthd ahead, and should top 7.
5 percent beforer it stabilizes in the third quarter of 2009.” The Midwesy Business Conditions Index in June movede above growth neutral for the first time since with a 49.3 reading, up from 46.6 in May but down from 50.5 in June 2008. The regioj lost jobs for the 17th time in the past18 months. The indezx is calculated from a surveyy of supply managers in the The , of which Goss also is director, has conductes the monthly survey of supply managers in nine statezs since 1994 to produce leading economic indicatord of the Mid-America economy. States in the survey are Iowa, Kansas, Minnesota, Missouri, North Dakota, Oklahoma and South Dakota.
in June — its highesft level since September — up from 47.3 in May and 46.5 in June said Wednesday. June was the ninth-straight month for whicuh the index was belowthe growth-neutral 50. “Ovetr the past year, Missouri has lost more than 34,000 manufacturinv jobs,” Creighton Economics Professor Ernie Goss said inthe “Our survey indicates that these losses continueed for June.
Economic activity was particularly weak for durable orheavy manufacturing, including vehiclew manufacturing and firms linked to that According to government employment 8,000 Missouri workers gave up their job search or otherwise left the work force over the past three As the Missouri economy improvese in the months ahead, many of these workere will re-enter the work force, adding to the state’w jobless rate. I expect the unemployment rate to stabilize at a seasonally adjusted rateof 9.5 percent in the thirxd quarter of 2009.” In Kansas, the Business Conditionxs Index hit a regional low of 29.7 in June, down from 30.2 in May and 42.7 in June 2008.
“Ovef the past year, Kansas has lost more than 15,009 manufacturing jobs,” Goss said. “Our survey indicates that thesed losses continuedfor June. Economic activithy was particularly weak for durable orheavh manufacturing, including transportation-equipment producers. Losses have likewise continues for telecommunications companiesin Kansas. Accordingy to government employment data, 17,000 new Kansasw workers entered the work force over the pastthrer months. These workers added to the state’z rising unemployment rolls. However, I expecy the state’s rising unemployment rate to moderate in themonthd ahead, and should top 7.
5 percent beforer it stabilizes in the third quarter of 2009.” The Midwesy Business Conditions Index in June movede above growth neutral for the first time since with a 49.3 reading, up from 46.6 in May but down from 50.5 in June 2008. The regioj lost jobs for the 17th time in the past18 months. The indezx is calculated from a surveyy of supply managers in the The , of which Goss also is director, has conductes the monthly survey of supply managers in nine statezs since 1994 to produce leading economic indicatord of the Mid-America economy. States in the survey are Iowa, Kansas, Minnesota, Missouri, North Dakota, Oklahoma and South Dakota.
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