FOX Translator
No data currently available.
No data currently available.
If you throw all the products we buy and the services we use in one basket, then add up the price tag, that's the Gross Domestic Product, which is the primary metric economists use to assess the economic health of a country or region.
The easy part of calculating GDP is the calculation itself: C+I+G+(X-M)=GDP. Got it? No? Well, add Consumption, Investment by companies, Government purchases, and then take the product of eXports (calling it 'E' would lack sexiness) minus iMports ('I' was taken). Viola! GDP.
Still don't get it? Well, knowing the components helps. Consumption is the biggest component, and it's a tally of the cost of all the goods and services we buy. Investment is what companies spend on the real assets they own, plus the value of the inventory that we haven't gobbled up through consumption. Government purchases are what the Feds pay money for (whether it be highways or fighter jets, though big social programs, like welfare, aren't counted). And then we calculate the difference between the goods and services we¿re sending to other countries and the stuff we're bringing in.
Good. That explains it, except there's a catch. Inflation has a habit of distorting the numbers, so economists talk about either Nominal GDP or Real GDP. In fact, Real GDP isn't necessarily "real" for most folks, since it takes any inflation out. Nominal GDP includes the effects of inflation. (There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
So, now that we know GDP, why do we want to? Well, it's good to compare different markets. And watching the trend shows whether a given economy is growing (good), stagnating (not so good), or shrinking (very not so good). When GDP goes down two quarters in a row, we're officially in a recession.
For the record, GDP is released at the end of each month, with most reporting ¿preliminary¿ data for the previous month. But you won't get final GDP numbers for the fourth quarter of a year until the very end of the first quarter of the next year. After all, it's not an easy number to calculate.
Home / Markets / Industries / Media
Thursday, October 09, 2008
Zcom Networks to Commence Private Label Service Offering of Global Web TV
Comtex
Calabasas, CA, Oct 09, 2008 (WORLD STOCK WIRE via COMTEX) ---- Zcom Networks, Inc. (OTC Pink Sheets:ZCMN) today announces that its subsidiary Pam TV International, Inc., a Washington DC provider of TV, radio, music and live streaming programming viewed around the world, has agreed in principal to a license agreement whereby Pam will offer the existing private label service offerings of (www.globalweb.tv) to the present and future Pam TV customer base.
Global Web TV offers over 2000 TV stations through 1785 Terabytes of SANS equipment. Global Web TV also has blockbuster content from Amazon.com, a championship boxing channel and off shore racing series. GlobalTV allows one to have a fully operational Worldwide distribution tool for individuals, groups and municipalities. This global TV Channel can be up and running in hours and can be customized with or without advertising compliments. Global Web TV is a subsidiary of the OTC BB company, UC Hub Group Inc. (UCHB.ob)
Pam TV, a subsidiary of Zcom, offers a wide range of television, radio, talk, and music programming through a multimedia, interactive broadcast platform that brings together the internet, traditional radio and satellite television and radio. As its foundation, the platform offers a multi-portal, multi-station, multi-channel internet broadcast web presence featuring a growing list of television, radio, and music stations.
This release include forward- looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel. The company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Dr. Alex Parsinia, President, CEO; aparsinia@zcomnetworks.net
Zcom Networks, Inc.
26500 W. Agoura Rd.
#516
Calabasas, CA 91302
USA
Phone: 310-754-5599
Fax: 310-919-3105
Source: Zcom Networks, Inc.
Note: The following press release was submitted by: Zcom Networks, Inc., and World Stock Wire, Inc. is not liable for the contents of this press release.
(C) 2008 World Stock Wire, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
