State of the Economy 4th Quarter 2006

Introduction             Real gross domestic product (GDP) showed some improvement in the fourth quarter of 2006 with an increase of 3.5% at an annual rate as compared to a 2.0% increase in the third quarter.  Real GDP increased by 2.5% in the second quarter and 5.6% during the first quarter of 2006.  Real GDP increased … Continue reading State of the Economy 4th Quarter 2006

State Of The Economy 1st Quarter 2006

Introduction           Economic activity rebounded sharply in the first quarter of 2006 with real gross domestic product (GDP) increasing by 4.8% at an annual rate as compared to an increase of 1.7% in the fourth quarter of 2005 and an increase of 3.5% for the full year 2005.  This increase in economic activity is the … Continue reading State Of The Economy 1st Quarter 2006

State of the Economy 2nd Quarter 2006

Introduction             Economic activity finally began to exhibit additional signs of significant slowing in the second quarter after mixed signals from various economic data indicators and strong economic growth during the first quarter.  Real gross domestic product (GDP) increased at an annual rate of 2.5% in the second quarter following an increase of 5.6% at … Continue reading State of the Economy 2nd Quarter 2006

Valuation Brief: M&A Outlook 2006

A Look Back at 2005 Merger & Acquisition Activity Worldwide merger and acquisition activity reached $2,900 billion, 40% higher than in 2004, but still short of the $3,300 billion level reached in 2000. Based on this, 2005 was the third best year on record for mergers and acquisitions. The robust activity may be attributed to … Continue reading Valuation Brief: M&A Outlook 2006

State Of The Economy 3rd Quarter 2005

Introduction           Despite the devastating effects of Hurricanes Katrina and Rita in the Gulf states and initial signs of slowing during the first half of 2005, economic activity remained surprisingly firm in the third quarter with real gross domestic product (GDP) increasing by 3.8% during the quarter.  This favourable growth follows a 3.3% increase in … Continue reading State Of The Economy 3rd Quarter 2005

State Of The Economy 1st Quarter 2005

Introduction Signs of slowing economic growth began to emerge during the first quarter of 2005, with real gross domestic product (GDP) increasing by 3.1% during the quarter.  This tepid growth follows a 3.8% increase in GDP during the fourth quarter of 2004 and a 4.0% increase during the third quarter.  The pace of economic expansion … Continue reading State Of The Economy 1st Quarter 2005