Posts Tagged ‘US’

Daylight Saving Time: Facts and Figures

Posted on November 03, 2017 by Laura Lam

Sunday, November 5, 2017, marks the end of Daylight Saving Time – a twice-a-year occurrence that we collectively partake in, changing our clocks forward an hour in the spring and back an hour in the fall. But why do we do this? What purpose does it serve? Is it really for the farmers?  You might be surprised how many misconceptions there are surrounding this longstanding practice. Who came up with changing the clocks?  The idea to change the clocks to save daylight was first proposed by English architect William Willett in 1907 when he published The Waste of Daylight. It is believed that Willett’s idea arose…

8 Years and Counting: No Recession in Sight

Posted on February 08, 2017 by Laura Lam

It’s been almost 8 years since the last recession ended in June 2009.  With economists predicting the next 2 years won’t bring a recession, that could put the economy on track for its longest period without a recession in modern history. “The longest was back in the 1990s under Bill Clinton and we went 10 years without having a recession,” explained Steve Rick, chief economist for CUNA Mutual Group.  “We’ll hit 8 years, which is long-that’s a good stretch with no recession. We don’t expect another recession for another two years, so we could break the record of 10 years.” In…