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UMD Study: Fiscal Cliff Could Trigger Deep Recession, Fear of Cliff Has Cut GDP Already

By Guest PostOctober 30, 2012Economyamerica, analysis, congress, debt burdens, defense spending, economic crisis, economic environment, effect, employment level, Europe, federal spending, financial crisis, fiscal cliff, fiscal shock, gdp, government policy, inforum, interindustry forecasting project, jeff werling, maryland, multiplier, nation, prediction, recession, sequestration, tax cuts, tax increase, tax reform, u.s economy, university

COLLEGE PARK, Md. – The so-called “fiscal cliff” has already begun dampening the U.S. economy – even before it officially kicks in – and by year’s end will have cut 2012 GDP an estimated six-tenths of one percent, says a new study conducted by researchers at the University of Maryland’s Interindustry Forecasting Project (Inforum).

The study, called Fiscal Shock: America’s Economic Crisis, is one of the first to look beyond the first year effects of the combined federal spending cuts and tax increases. It projects an escalating impact into 2014 and beyond, as “multiplier” effects of fiscal contraction kick in. (more…)

Microsoft Employees Give Back in Record Fashion

By Guest PostFebruary 8, 2012Technologyafrica, akhtar badshah, art with heart, arthritis foundation, big sister, community affairs, crissy house, digigirlz, economic environment, giving campaign, habitat for humanity, joe michaels, lisa brummel, lucky strike lanes in bellevue, marathon, Microsoft, microsoft employees, ms walk, sql server, united states

*Microsoft’s U.S.-based employees helped raise over US$100 million for thousands of nonprofits during the 2011 Microsoft Giving Campaign, the largest total in company history.*

REDMOND, Wash. – Microsoft employees raised a record-breaking US$100.5 million in 2011, topping last year’s total with donations to more than 18,000 community organizations across the United States and around the world.

Giving was up across the board in 2011—more employees participated, donating more time and money than ever before, which surprised some after 2010’s record year. (more…)

comScore Ranks Among Fastest Growing Companies in North America on Deloitte’s 2010 Technology Fast 500™

By Guest PostOctober 20, 20101 commentTechnologyclean technology, companies, Comscore, deloitte, deloitte & touche llp, deloitte ranking of 500, deloitte technology fast 500, economic environment, life sciences, magid abraham, mark jensen, Media, North America, phil asmundson, Technology, technology fast 500, telecommunications

*Attributes its 154 Percent Revenue Growth Since 2005 to Strong Track Record of Innovation*

RESTON, VA, October 20, 2010 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced that it ranked on the Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. comScore grew 154 percent during this period. comScore’s President, CEO and co-founder, Dr. Magid Abraham, credits a strong track record of innovation and the exceptional efforts of comScore employees with the company’s 154 percent revenue growth. (more…)

Tag Archives: economic environment

UMD Study: Fiscal Cliff Could Trigger Deep Recession, Fear of Cliff Has Cut GDP Already

Microsoft Employees Give Back in Record Fashion

comScore Ranks Among Fastest Growing Companies in North America on Deloitte’s 2010 Technology Fast 500™