Rick Harper http://wuwf.org en Harper: Local Job Growth Impressive, World Growth Disappointing http://wuwf.org/post/harper-local-job-growth-impressive-world-growth-disappointing <p></p><p>In this week’s Economic Report, Dr. Rick Harper discusses the latest report from the International Monetary Fund (IMF) projecting economic growth for 2014.</p><p>“It’s down somewhat...and a little disappointing” says Harper, noting IMF’s world GDP growth forecast of 3.4 percent for the remainder of the year. That's a little better than the 3.2% the world economy managed in 2013. However, their April forecast had been 3.6%. “So it’s a slight slowdown and we’re seeing that in a couple of different countries.”</p> Thu, 24 Jul 2014 22:51:35 +0000 Sandra Averhart & Rick Harper 12327 at http://wuwf.org Harper: Local Job Growth Impressive, World Growth Disappointing Harper: 'Blues' Boost Tourism, Local Foreclosures Drop http://wuwf.org/post/harper-blues-boost-tourism-local-foreclosures-drop <p></p><p>In this week’s Economic Report, Dr. Rick Harper reflects on Blue Angels weekend on Pensacola Beach. ‘Red, White and Blues Week’ follows the Fourth&nbsp;of July holiday weekend, which provides a critical boost to the local tourism industry over a stretch of about a week-and-a-half.</p> Fri, 18 Jul 2014 22:19:45 +0000 Sandra Averhart & Rick Harper 12038 at http://wuwf.org Harper: 'Blues' Boost Tourism, Local Foreclosures Drop Harper: Packed Beaches Great For Local Economy http://wuwf.org/post/harper-packed-beaches-great-local-economy <p></p><p>In this week’s Economic Report, Dr. Rick Harper discusses the importance of the month of July to Northwest Florida’s tourism industry.</p><p>“In our climate zone, July is far and away the biggest month. It’s the month in which hoteliers and restaurateurs are able to charge top dollar, keep the place full. That’s when they pack away the profits they’ll need to make their lease or mortgage payments throughout the rest of the year,” says Harper, who adds that there are indications that it’s a good July this year.</p> Fri, 11 Jul 2014 19:55:43 +0000 Sandra Averhart & Rick Harper 11729 at http://wuwf.org Harper: Packed Beaches Great For Local Economy Harper: 2.9% Drop In GDP Shows Weak Start To 2014 GDP Revision http://wuwf.org/post/harper-29-drop-gdp-shows-weak-start-2014-gdp-revision <p></p><p>In this week’s Economic Report, Dr. Rick Harper discusses the latest first quarter revision of the gross domestic product (GDP).&nbsp; According to the Bureau of Economic Analysis, GDP shows a 2.9% drop in the annual rate in January through March, the weakest quarter for the U.S. economy since the Great Recession.</p> Fri, 27 Jun 2014 20:51:28 +0000 Sandra Averhart & Rick Harper 11108 at http://wuwf.org Harper: 2.9% Drop In GDP Shows Weak Start To 2014 GDP Revision Harper: Oil Spill Recovery Act Good For Local Economy http://wuwf.org/post/harper-oil-spill-recovery-act-good-local-economy <p></p><p>In this week’s Economic Report, Dr. Rick Harper begins with the latest from Federal Reserve Chairwoman Janet Yellen.</p><p>On Wednesday, Yellen announced that the Fed will continue its current monetary policy, cutting its monthly bond purchases by another $10 billion per month and keeping its key federal funds rate near zero. Further, she told a news conference that inflation was expected to move gradually back to the central bank's 2 percent target.</p> Fri, 20 Jun 2014 20:23:00 +0000 Sandra Averhart & Rick Harper 10780 at http://wuwf.org Harper: Oil Spill Recovery Act Good For Local Economy