SCORECARD - September Sales Taxes
Gross Taxable Retail Sales - September
- The "Top Ten" represent 45% of the Statewide
- The "Top Twenty-Five" represent
2/3rds of all retail sales.
- The "Top 20%" gainers
- Orem holds #2!
- Sandy slides up to #3
- West Jordan jumps back up to #8 from
slipping to #11, and stays in the "$100 million Club"!
- South Jordan +46.8%
- North Salt Lake +28.3%%
- Draper +26.0%
- Centerville +22.7
- Vernal +20.3
- The "Biggest Losers" include:
- Cedar City -
- Murray -3.2%
- Lindon -1.5%
September 07 Retail Sales - Top 30 Cities
(Large Monthly Filers Only)
||City||Sep 2007 (000)
||% Change 07/06||Mkt Share
Sep 07 (% of State Total)|
- The "Top 5" Major Sectors represent 50% of
- The "Top 5" gainers
- Hotel & Lodging +33.1%
- Construction +29.2%
- Health Services +27.8%
- Mining +27.6%
- Business Services +27.5%
- Categories with declining sales were led
- Agri, Forestry & Fishing -29.4%
- Occasional Retail Sales -21.0%
- Retail Building
& Garden -8.7%
Source: Utah State Tax Commission, December 2007
Decline in the U.S. Dollar (USD)
Less than six years ago, as Euro notes and
coins were launched - the Euro was worth less than
90 US cents.
This week, as the Euro heads
- What does it mean to the US?
- What does it mean to Utah?
- Housing prices are falling
- Commodity prices
- Most Fed watchers expect Bernanke will
lower interest rates again
- Thus putting increased
downward pressure on the dollar.
Part II - Dave Wilcox, ERA
- As losers, the commoner US citizens are going to
take much deeper personal savings and retirement
funds hits, even if the Fed steps in to salvage only the
- On the other hand, our dollar lower value might
have some surprising results (too early to verify):
- We may attract more college/university students
from abroad (?)
- Overseas investors may partner more heavily with
US based technology products firms, even if the
production cycle in the US lasts only a short time until
moving quickly legally or illegally overseas.
- Frankly, tech transfer may blossom more and
more for US firms, given the cheaper dollar, than we
- Ultimately, we might secure some manufacturing
opportunities ourselves, as the costs of overseas
goods rise, coupled with ongoing quality of delivered
- We are partially ahead of the game in pursuing
cleaner, greener, less destructive environmental
impacts. I think I see some major US envirotech firms
moving to overseas business opportunities, while still
remaining mostly US based.
- The US public is clearly moving toward favoring
goods produced anywhere but Asia. I think we will
focus more on lable reading and toward "North
American goods. This can also mean that the Toyota
business model will work best for other companies
who decide to land in the US.
- The US is being drawn more rapidly into
globalization than we generally accept. It's time we re-
invented ourselves and stopped depending on our
somewhat fraudulent banks as the only nexus with the
- We are still "the idea machine" of the world, even if
we've lost manufacturing specialty and commodity
production leaderships. Now is the launch point for a
primary reinvention strategy - and I think our combined
university research institutes and major R & D
ventures have a potentially clearer track to the future
than our currently lame Federal government
political "leadership" and our financial institutions
wish to acknowledge or invest in.
- U of U has attained some remarkable research
leaderships in several specialties. It's more than
cherry picking; it's about sustaining evolving
- I recall the Navy civilian scientists at China Lake in
Ridgecrest, Calif. commenting constantly on the lack
of evolving software specialties, given the enormous
capacities of the next generations of affordable
- I've also been surprised at the fantastic success of
several Australian universities in launching and
sustaining wildly successful "distance learning"
programs from their campuses, now reaching virtually
everywhere in Asia.
Source: Dave Wilcox, VP ERA, USC Economic
Development Instructor, December 2007
This Weeks Leads
- Speedee Oil Change & Tune-Up
- Speedee Oil Change & Tune-Up operates 170
locations throughout CA, CT, LA, MA, ME, NC, NH, RI,
SC, TX, VT and Mexico.
- The automotive service
centers occupy spaces of 3,000 sq.ft. in freestanding
locations and pad sites.
- Growth opportunities are sought nationwide
during the coming 18 months.
- Typical leases run 15 to 20 year with three to four,
- Specific improvements are required.
demographics include a population of 25,000 within
five miles earning $50,000 as the average household
- Major competitors include Econo Lube,
Jiffy Lube and Precision Tune.
- A land area of
14,000 sq.ft. to 16,000 sq.ft. is required.
- For more information, contact
- John L.
- Speedee Oil Change & Tune Up,
- 1320 Willow Pass Road,
- Concord, CA 94521;
- Fax 925-686-9415;
firstname.lastname@example.org; Web site:
September Retail Sales
Declining US Dollar Pt. II
- Who wins?
- Who loses?
The Ten Things Everyone Should Know About
Science, Pt 2
|The Ten Things Everyone Should Know About Science Part II
The Ten Things Everyone Should Know
About Science Part II
- You may be able to quote Shakespeare, but what
are you like on Big Bang theory?
- The Financial
Times gives non-scientifically minded readers a leg
up the tree of knowledge.
- Can you distinguish molecules from atoms?
Genes from genomes?
- Do you know what makes
an experiment statistically significant? If not, do you
- Are you embarrassed by your scientific ignorance -
or almost proud of it?
- Beyond the intrinsic intellectual interest, there are
myriad practical reasons why as many people as
possible should have a basic knowledge of science.
An obvious one is that a scientifically savvy population
is less likely to fall victim to fraud and superstition,
from astrology to quack cures. And when so many
contemporary political issues (from global warming to
embryo research) have a big scientific component,
voters and politicians need to understand what is
really at stake.
- Evolution through natural selection remains as
valid today as it was 150 years ago when expressed
with great elegance by Charles Darwin in The Origin
of Species. The mechanism of evolution depends on
the fact that tiny hereditable changes take place the
whole time in all organisms, from microbes to people.
- As a result of these random changes, each
member of every new generation differs slightly from
its predecessors. Most of the variations will have a
neutral or negative effect on the organism's ability to
live and reproduce, but occasionally a change
enhances its ability to thrive in the environmental
niche in which it finds itself. Such beneficial mutations
tend to propagate through the population.
- An important feature of Darwinian evolution is that
it operates at the level of the individual. There is no
mechanism for natural selection to change the
species as a whole, other than through the
accumulation of changes that lead to the survival of
the fittest individuals.
- The rate of evolution varies enormously between
different types of organism and different
environmental circumstances. It can proceed very
quickly when the pressure is great, as, for example,
with bacteria exposed to antibiotics, when drug-
resistant mutations may arise and spread through the
bacterial population within months.
Why does it matter?
- Evolution is coming under renewed assault,
particularly in the US, from fundamentalist Christians
who want creationism to be taught in schools.
Although evolution has had virtually unanimous
support from professional scientists for at least a
century, polls show that American public opinion still
- Biologists still have to do a vast amount of work to
pin down the history of evolution. Big questions to be
answered include: how life started, why evolution
accelerated rapidly during some geological periods
and which factors gave rise to human intelligence.
Fear factor: sticky palms
Genes and DNA
- Darwin could not understand the biochemical
mechanism of evolution, but 20th-century genetics
has shown that the basic unit of heredity is the gene,
which is made out of DNA. We have two copies of
each of the 20,000 or so human genes, one copy
inherited from each parent; if one is defective, the
other can usually fill in for it.
- As Francis Crick and James Watson famously
discovered in 1953, DNA has a ''double helix''
structure: two interlinked spirals of biochemical units
called nucleotides. There are four nucleotides, known
by their initial letters G, A, C and T. In a molecular
model of DNA, they look like a twisted stepladder.
- The genetic code is the same in all living
creatures. It translates the sequence of DNA
nucleotides into amino acids, the corresponding
building blocks of proteins. (Proteins are the
biological molecules that do most of the work in our
bodies.) Random mutations in DNA, together with the
genetic mixing that takes place through sexual
reproduction, make possible the variations that drive
- The nucleus of every human cell contains six
billion DNA nucleotides packaged into 46
chromosomes, which together make up the genome.
Why does it matter?
- Now that the DNA sequence of the human
genome is known, scientists are beginning to
interpret the endless string of Gs, As, Cs and Ts - and
discover how our genes interact with our environment
to make us the people we are.
- The medical benefits of knowing the human
genome are arriving more slowly than the enthusiasts
led us to believe when the sequencing project was
completed five years ago, but they are on their way.
The destination is often called ''personalised''
or ''individualised'' medicine - tailoring our lifestyle and
treatments to our genes.
What's Next - Fear factor: mild
Source: Financial Times, London, 2007
- US Business Confidence
- Business confidence fell sharply again last week
and is signaling that the U.S. economy is likely
contracting. In the five years of the survey,
respondents have never been as dour in their
assessment of the economy's present condition or its
prospects six months hence. Responses regarding
sales strength, inventory investment, and office space
all deteriorated. Businesses are more positive when
responding to questions regarding payrolls and
equipment investment. Confidence is stronger
outside the U.S., but it has notably weakened
elsewhere in the past couple of weeks. Sentiment is
weakest among firms in housing and financial
services, and strongest among high-tech businesses.
- Productivity and Costs
- Productivity growth for the third quarter was
revised sharply higher. Nonfarm business productivity
grew 6.3% (SAAR), compared to 4.9% in the
preliminary release; the upward revision was larger
than expected. The revision was due to a higher
estimate of output. Growth in unit labor costs saw a
large downward revision, from -0.2% (SAAR) to -2.0%;
this was a larger downward revision than the
consensus expected. The large revisions are good
news on inflation, but are only temporary, given the
- Factory Orders
- Factory orders climbed 0.5% in October-a larger-
than-expected gain. Durable goods orders were
revised up to a 0.2% decline from the previously-
published 0.4% drop. Nondurable goods orders
(shipments) rose 1.3% on the strength of chemical
products and petroleum and coal shipments. Despite
the revisions, details on core capital goods orders
and shipments remained weak over the month.
- MBA Mortgage Applications Survey
- Mortgage demand increased 22.5% in the week
ending November 30. Purchase applications
increased 15.2% and refinance applications
increased 31.9%. The large increase in the number of
mortgage applications is largely due to the
comparison with the Thanksgiving holiday the
previous week, but it is also in response to lower fixed
- Chain Store Sales
- Chain store sales fell 2.0% in the week ending
December 1, but year-over-year growth improved to
3.1%, the strongest growth since the week ending
August 4 as sales have fallen in many years in the
week after Thanksgiving due to seasonal adjustment
difficulties. The ICSC reported favorable weather, but
weak customer traffic and delayed holiday shopping.
- Oil and Gas Inventories
- Crude oil inventories plummeted by 8.0 million
barrels for the week ending November 30, according
to the Energy Information Administration, far
exceeding expectations of a modest 0.8 million barrel
draw. Distillate supplies rose by 1.4 million barrels,
above expectations of a 0.3 million barrel decline.
Gasoline supplies rose by 4.0 million barrels, well
above expectations. Refinery capacity utilization was
unchanged at 89.4%. Today's report is bullish.
Source: Economy.com 2007
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