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
Friday, April 25, 2008
Cyril Kaye Appointed Vice President, Sales & Business Development for BFS Entertainment & Multimedia Limited
Comtex
RICHMOND HILL, ONTARIO, Apr 25, 2008 (MARKET WIRE via COMTEX News Network) ----Denis Donnelly, President & CEO of BFS Entertainment & Multimedia Limited (TSX VENTURE: BFS), is pleased to announce the appointment of Cyril Kaye to the position of Vice President, Sales & Business Development for BFS Entertainment & Multimedia Limited.
Mr. Kaye joins BFS with more than thirty years of experience in the home entertainment distribution business, including most recently, a twelve-year term as Vice President at KOCH Entertainment Canada, an Entertainment One Ltd. company.
"Cyril is a seasoned entertainment executive with decades of experience in sales, distribution and content acquisitions and will be a great addition to our management team," said Denis Donnelly. "With his impressive track record in the entertainment marketplace, Cyril is extremely qualified in this new position to take BFS to its next level of success. We are looking to Cyril to expand and drive our sales and marketing programs in and beyond our traditional niche and into new areas and new markets."
BFS Entertainment & Multimedia Limited is a recognised in dependent manufacturer and distributor of home video with head office in Toronto, Ontario and sales office in Los Angeles, California.
BFS acquires exclusive rights to film and television programming for home video distribution and broadcast where applicable. Distribution rights are obtained by license, acquisition and co-production from various in dependent production and television broadcast companies. These programming rights are developed into home video products for North American distribution and where applicable, are licensed internationally.
Programming includes classic dramas, mystery, comedy, sports, documentaries and health and wellness and is sold under the BFS Video, American Home Treasures and Bodhi Lifestyle(TM) brands. North American distribution is through national retailers, distributors, mail order companies and BFS' direct o t consumer division.
BFS' strategy is to continue to acquire new programming and to expand it s proprietary programme development, international distribution and direct to consumer electronic delivery.
(SEC Rule 12g exemption #82-4245)
Contacts: BFS Entertainment & Multimedia Limited Denis B.E. Donnelly President & CEO (905) 884-2323 (905) 884-8292 (FAX) Email: ir@bfsent.com Website: www.bfsent.com
SOURCE: BFS Entertainment & Multimedia Limited
mailto:ir@bfsent.com http://www.bfsent.com
Copyright 2008 Market Wire, All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
