“On the positive side, household debt service obligations as a ratio to disposable income are in the 12 percent range, which is comparable to what we saw in the mid 1990s. The precipitous drop in household debt since two or three years ago shows that there is an end to this process.
“On the negative side, the employment picture is still not all that healthy. The unemployment rate dropped last month, but it was due more to people leaving the labor force than people getting jobs – not a great sign.
“The overall direction of economic policy is still far short of the sort of stimulus that could and would cure what ails us in relatively short order. Having maxed out on what are essentially second-best policies after having pushed them as far as they will go (yet more tax cuts and yet more monetary stimulus) the federal government seems set to cut spending (or at best keep it level), a posture that will not help the recovery at all.”
--Steven Kyle, professor of Applied Economics and Management at Cornell University
Joe Schwartz | Newswise Science News
Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik
RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung
There are currently great hopes for solid-state batteries. They contain no liquid parts that could leak or catch fire. For this reason, they do not require cooling and are considered to be much safer, more reliable, and longer lasting than traditional lithium-ion batteries. Jülich scientists have now introduced a new concept that allows currents up to ten times greater during charging and discharging than previously described in the literature. The improvement was achieved by a “clever” choice of materials with a focus on consistently good compatibility. All components were made from phosphate compounds, which are well matched both chemically and mechanically.
The low current is considered one of the biggest hurdles in the development of solid-state batteries. It is the reason why the batteries take a relatively long...
New design tool automatically creates nanostructure 3D-print templates for user-given colors
Scientists present work at prestigious SIGGRAPH conference
Most of the objects we see are colored by pigments, but using pigments has disadvantages: such colors can fade, industrial pigments are often toxic, and...
Scientists at the University of California, Los Angeles present new research on a curious cosmic phenomenon known as "whistlers" -- very low frequency packets...
Scientists develop first tool to use machine learning methods to compute flow around interactively designable 3D objects. Tool will be presented at this year’s prestigious SIGGRAPH conference.
When engineers or designers want to test the aerodynamic properties of the newly designed shape of a car, airplane, or other object, they would normally model...
Researchers from TU Graz and their industry partners have unveiled a world first: the prototype of a robot-controlled, high-speed combined charging system (CCS) for electric vehicles that enables series charging of cars in various parking positions.
Global demand for electric vehicles is forecast to rise sharply: by 2025, the number of new vehicle registrations is expected to reach 25 million per year....
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21.08.2018 | Ecology, The Environment and Conservation
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21.08.2018 | Power and Electrical Engineering