The Conference Board

A Slow Rebound for Canada

Retrieved on: 
Thursday, March 28, 2024
Conference Board of Canada, Conference, The Conference Board, Growth, Unemployment, Risk, Research, Policy, Housing, Investment, GDP, Retirement, Government

“While Canada should expect a slow recovery this year, momentum will pick up in 2025, with growth forecast to rise by 2.3 per cent.”

Key Points: 
  • “While Canada should expect a slow recovery this year, momentum will pick up in 2025, with growth forecast to rise by 2.3 per cent.”
    Housing markets continue to be a focal point of policy discussions and initiatives across all levels of government.
  • Efforts to address the critical housing supply shortage and affordability challenges are underway, but progress remains hampered by slow policy reforms, labour constraints and high interest rates.
  • The labour market in Canada faces its own challenges, as high interest rates curb economic expansion and labour demand.
  • However, it is uncertain whether these early investments will spark a larger productivity rebound in Canada.

New Research Centre Launches to Analyze Key Immigration Challenges

Retrieved on: 
Tuesday, March 26, 2024
Conference Board of Canada, Conference, The Conference Board, Education, Knowledge, Research, Scotiabank, Senior, City, Workforce, SME, Clothing

OTTAWA, March 26, 2024 (GLOBE NEWSWIRE) -- The Conference Board of Canada today announced the establishment of the Centre for Business Insights on Immigration (CBII).

Key Points: 
  • OTTAWA, March 26, 2024 (GLOBE NEWSWIRE) -- The Conference Board of Canada today announced the establishment of the Centre for Business Insights on Immigration (CBII).
  • The new research centre will provide a vital forum that will equip key stakeholders in immigration with impactful knowledge and leading business insights into the effective management of immigrant talent.
  • With immigration being a key economic stimulus in Canada, this situation has significant repercussions for the country’s overall economic productivity.
  • Scheduled for upcoming release, this research examines specific challenges faced by SMEs in integrating immigrant talent into their workforce, along with actionable recommendations for improvement.

The Conference Board Employment Trends Index™ (ETI) Increased in March

Retrieved on: 
Monday, April 8, 2024
Employment, Conference, Pressure, The Conference Board, Growth, Noise, Real, Bureau, Economics, Unemployment benefits, GDP, Workforce, Industrial production, ETI, Consumer confidence, Government, Bureau of Labor Statistics, Ageing, Video game

NEW YORK, April 8, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in March to 112.84, up from a downwardly revised 111.85 in February. The Employment Trends Index is a leading composite index for employment. When the Index increases, employment is likely to grow as well, and vice versa. Turning points in the Index indicate that a change in the trend of job gains or losses is about to occur in the coming months.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) increased in March to 112.84, up from a downwardly revised 111.85 in February.
  • The Employment Trends Index is a leading composite index for employment.
  • "The ETI increased slightly in March, signaling employment will continue to grow in Q2 of 2024," said Will Baltrus, Associate Economist at The Conference Board.
  • The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.

Subdued Growth Across Canada in 2024

Retrieved on: 
Wednesday, March 20, 2024
Bank, Conference Board of Canada, Employment, Conference, The Conference Board, Growth, Unemployment, Research, CentrePort Canada, GDP, Bank of Canada, Workforce, Public sector, Aluminium, Snow, Population growth, Renewable energy

Canada’s real GDP growth is forecast to be just 0.6 per cent in 2024, followed by a stronger 2.3 per cent in 2025.

Key Points: 
  • Canada’s real GDP growth is forecast to be just 0.6 per cent in 2024, followed by a stronger 2.3 per cent in 2025.
  • The province’s GDP growth is anticipated to be a modest 0.6 per cent in 2024, followed by 2.3 per cent in 2025.
  • Quebec’s GDP growth is expected to be just 0.3 per cent in 2024 but will rise by 1.7 per cent in 2025.
  • New Brunswick’s economy is forecast to expand a mere 0.2 per cent in 2024 before rebounding to 1.7 per growth cent in 2025.

Greenhushing is Unsustainable – How the World’s Biggest Brands are Letting Billions Go to Waste

Retrieved on: 
Tuesday, March 19, 2024
Finance, Environmental, Social and Governance (ESG), Environment, Professional Services, Sustainability, IAA, International Advertising Association, Research, Conference, The Conference Board

Brand Finance’s Sustainability Perceptions Index is based on a study of over 150,000 respondents across 40 countries that examines over 6,000 of the world’s biggest brands.

Key Points: 
  • Brand Finance’s Sustainability Perceptions Index is based on a study of over 150,000 respondents across 40 countries that examines over 6,000 of the world’s biggest brands.
  • This ‘gap value’ represents the difference between perceived sustainability and actual sustainability performance.
  • A positive value indicates that a brand’s sustainability performance is better than its perceptions would suggest.
  • Brand Finance finds that 85 brands have a positive gap value of over USD100 million, totalling USD25 billion.

LegalShield Consumer Stress Legal Index: February Results Show Persistent Elevated Consumer Stress Amid Interest Rate Holding Pattern

Retrieved on: 
Tuesday, March 19, 2024
Personal Finance, Finance, Consulting, Professional Services, Legal, Consumer, Millennials, Conference, Gen, The Conference Board, United States census, Intelligence, Name, Generation X, Federal, University, CSLI, University of Michigan, Tick, Consumer confidence index, Housing, Index, Heart, Workforce, Federal Reserve, LegalShield, Multimedia, Data, Ageing, Divorce, Cryptocurrency

LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.

Key Points: 
  • LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • View the full release here: https://www.businesswire.com/news/home/20240319099667/en/
    LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • The latest results from The Conference Board and University of Michigan were foretold by LegalShield’s December 2023 CSLI report .
  • The index is built on three sub-indices tracking calls for legal assistance for issues related to Consumer Finance, Bankruptcy and Foreclosure.

Mayer Brown and The Watson Institute at Brown University Host Second Annual Digital Trust Summit to Convene CEO and Board Members to Discuss AI Governance Solutions

Retrieved on: 
Wednesday, April 3, 2024
Bank of America, Culture, Chair, NACD, Conference, The Conference Board, Acceleration, Mayer Brown, Trust, United, Address, Empathy, Salesforce, Committee, Intuition, Ethics, Bank, Chairperson, United Nations, Research, Artificial intelligence, Honeywell, Policy, Lead, Social responsibility, IBM, Privacy, Brown University, Alphabet Inc., Private sector, BPM, IBM Consulting, LOS, Summit, Trustee, Government, Economic development, UN, Medical device

LOS ANGELES, April 3, 2024 /PRNewswire/ -- On March 28, 2024, corporate and government leaders gathered to discuss the critical need for trustworthy frameworks for building and deploying AI and other emerging technologies at the second annual Digital Trust Summit. The Summit was co-hosted by the Watson Institute at Brown University, The Conference Board, Nasdaq, Bank of America and Mayer Brown, and sponsored by Ankura, Further, Crowdstrike, Exterro and BPM.

Key Points: 
  • The Summit was co-hosted by the Watson Institute at Brown University, The Conference Board, Nasdaq, Bank of America and Mayer Brown, and sponsored by Ankura, Further, Crowdstrike, Exterro and BPM.
  • Through informed decision-making and ongoing dialogue, the Digital Trust Summit helps to shape a future where innovation and ethics coexist, ensuring trust in the digital landscape."
  • Brian Moynihan, Chair of the Board and CEO of Bank of America: "Building and strengthening trust in the current digital age is critical.
  • As such, the Summit organizers announced the third annual Digital Trust Summit is scheduled for March 28, 2025 at Brown University.

The Conference Board Appoints Kelly Zimmermann as Chief Events Officer

Retrieved on: 
Tuesday, April 2, 2024
Bloomberg, Business administration, Villanova University, The Conference Board, Conference, Marketing, Arnold Worldwide, Communication, Fortune 500, Ogilvy, Management

NEW YORK, April 2, 2024 /PRNewswire/ -- The Conference Board, a leading non-profit think tank and business membership organization, has named Kelly Zimmermann as its Chief Events Officer.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- The Conference Board, a leading non-profit think tank and business membership organization, has named Kelly Zimmermann as its Chief Events Officer.
  • She joins The Conference Board from her most recent position as Managing Director for Bloomberg's Live Experiences business.
  • "We are excited to welcome Kelly to our team as Chief Events Officer," said Steve Odland, President and CEO of The Conference Board.
  • "I am thrilled to lead the charge in reimagining how The Conference Board brings together the world's leading business minds," said Kelly Zimmermann.

US Consumer Confidence Little Changed in March

Retrieved on: 
Tuesday, March 26, 2024
Employment, Conference, The Conference Board, Consumer, Ageing, Food, Consumer confidence, Cryptocurrency

NEW YORK, March 26, 2024 /PRNewswire/ -- The Conference Board Consumer Confidence Index® was 104.7 (1985=100) in March, essentially unchanged from a downwardly revised 104.8 in February.

Key Points: 
  • "Confidence rose among consumers aged 55 and over but deteriorated for those under 55.
  • Separately, consumers in the $50,000-$99,999 income group reported lower confidence in March, while confidence improved slightly in all other income groups.
  • Indeed, average 12-month inflation expectations came in at 5.3 percent—barely changed from February's four-year low of 5.2 percent.
  • The Conference Board publishes the Consumer Confidence Index® at 10 a.m.

Inflation Appears Under Control, says Economy Panel at Quinnipiac University's G.A.M.E. XIII Forum

Retrieved on: 
Friday, March 22, 2024
Deutsche Bank, Quinnipiac University, Conference, The Conference Board, University, Unemployment, Hoarding, Federal, Bank, DNA, Artificial intelligence, Bloomberg Markets, AI, T. Rowe Price, Fed, Federal Reserve, Multimedia, Baby boomers

NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for U.S. and Global Economy in 2024" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)

Key Points: 
  • NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for U.S. and Global Economy in 2024" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)
  • Forum in New York was optimistic that inflation is, with bumps in the road, on the correct downward course.
  • Uruçi said two percent "is not magical," and said it might make sense to set a range for acceptable inflation numbers.
  • Uruçi said AI is creating jobs and adding value to tech companies, and will possibly lead to shorter work weeks.