Long Term Downtrend in GDP
By definition a recession occurs when GDP declines in two consecutive quarters, which is one of the reasons why all recessions are not created equal. In 1970 and 1974 GDP contracted by a modest -0.32% and -0.54%, minor hick-ups compared to the 1982 decline of -1.80%. The 1990 recession was shallow as GDP only fell by -0.11%. In 2001 GDP actually rose by +1.00% but during the year there were two consecutive quarters in which GDP was lower so it was technically ruled a recession. In 2009 GDP shrank by -2.54%, which was the largest annual decline since the post World War II plunge of -11.6% in 1946.
Amerisure Names Jessica Soufrine Vice President of Field Marketing & Underwriting
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Amerisure is pleased to announce Jessica Soufrine has been promoted to vice president of field marketing & underwriting (FMU).
“Jessica’s industry experience and technical expertise will be instrumental in helping Amerisure achieve its strategic and operational objectives,” said Ford. “She will lead our field marketing & underwriting department in driving profitable growth with Amerisure’s Partners For Success® agencies.” FARMINGTON HILLS, Mich. (PRWEB) April 28, 2021 Amerisure is pleased to announce Jessica Soufrine has been promoted to vice president of field marketing & underwriting (FMU).
In this role, Soufrine will lead the organization’s underwriting operations and relationship management activities. Located in Amerisure’s Dallas Core Service Center (CSC), she will report to Amerisure’s Seni
Inflation Complacency
Macro Tides Weekly Technical Review 19 April 2021
The Labor Department has announced March figures for headline and core inflation for the Producer Price Index (PPI) and Consumer Price Index (CPI), and all of the numbers exceeded the estimates.
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On April 9 the Labor Department reported that the Producer Price Index (PPI) rose 4.2% from March 2020 and comfortably above the forecast increase of 3.8%. The Core PPI, which excludes food and energy, rose 3.1% from a year ago and higher than the estimate of 2.7%. On April 13 the headline CPI was up 2.6% from March 2020 versus an expected increase of 2.5%, and the Core CPI rose 1.6% compared to 1.5% in the forecast survey.
Amerisure Insurance Named a Top Workplace by the Tampa Bay Times
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Amerisure’s Tampa Core Service Center (CSC) has been named a 2021 Top Workplace by the Tampa Bay Times, one of just 100 companies to hold the honor. Winning companies were named to either the small, medium or large employer category. The small employer category, in which Amerisure placed, is for workplaces with 50 to 149 employees. Amerisure’s Tampa location, with 104 employees, ranked 30th on the list of 45 top workplaces in this category.
“Earning this award showcases how our exceptional employees play an integral role in the success of the company,” said Erin Buddie, Vice President of Human Resources. “This award is reflective of the dedication and passion all of us have for making Amerisure an outstanding place to work.”
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