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US Manufacturing Gains as ISM Increases to 51.5
www.bloomberg.com
[Bloomberg] - “Housing is definitely supporting,” said Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York. “The economy still seems to be expanding, even if modestly, and that should keep overall manufacturing growing.” Still, “it's hard to see
Weak Economy May Be Buoyed by iPhone 5
www.sci-tech-today.com
[Sci-Tech Today] - JPMorgan analyst Michael Feroli says his estimate for the iPhone 5's economic impact appears reasonable based on previous iPhone introductions. When the iPhone 4s went on sale last October, online sales and computer and software sales had their
The iPhone 5 and the fallacy of innovation
mybroadband.co.za
[MyBroadband] - Michael Feroli, a market analyst at JPMorgan Chase, a large US bank, certainly believes it will. He predicts that the iPhone will – single handedly – add $3.2-billion to the US GDP and boost the economy's (annualised) rate of growth by 0.33% in the
Google News: Can the iPhone 5 really boost US GDP?
[MindfulMoney] - Michael Feroli, JPMorgan's chief economist, proceeds to explain how the iPhone 5 will deliver a well-timed stimulus to the US economy: "We believe the release of iPhone 5 could potentially add between 1/4 to 1/2%-point to fourth quarter annualized GDP
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