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Mirror, Mirror: 2015 Could Be Reverse Image of the Year 1981, Says BNY Mellon's Richard Hoey

Sees "Reverse Last Chance This Century"

The year 2015 could be a mirror image of the year 1981, when highly restrictive policies by the U.S. Federal Reserve ended a prolonged uptrend in inflation, according to BNY Mellon Chief Economist Richard Hoey. Hoey made the comments in his March 25 commentary, State of the Debate.

ACSI: Drop in Customer Satisfaction Points to Weak Economic Growth

The national level of customer satisfaction dropped 0.5 percent to 75.2 in the final quarter of 2014, according to the American Customer Satisfaction Index (ACSI). This is the fourth consecutive quarterly decline in customer satisfaction for the country as a whole, forecasting weak economic growth for 2015.

IT and Engineering Employment Starts 2015 on A Strong Note

The number of IT jobs grew 0.4 percent sequentially last month to 4,838,500, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions industry. On a year-over-year basis, IT employment has grown by 4.7% since January 2014 adding 216,800 IT workers.


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