Drought outlook hinges on Pacific sea changes and El Nino
Meteorologists report early summer showers raise hopes of ending the West drought but warn the answer lies with Pacific buoys, ships, and satellites. El Nino or La Nina possibilities remain uncertain with several winter seasons of snowfall needed to refill reservoirs.
MENTIONED IN THIS ARTICLE
Denver
Pacific
Pacific Ocean
West
Doug le Comte
National Oceanic and Atmospheric Administration
Climate Prediction Center
U.S
Colorado
John Pape
Newl Health Department
Roger Pielke Sr
Rockies
Canada
Camp Springs
Mixed economic signals from May durable goods and home sales
May orders for durable goods fell 1.6 percent led by declines in autos machinery and computers while new home sales jumped to a record high 1.37 million annual rate helped by improving job conditions. Regions showed varied strength with Northeast and South posting gains, Midwest flat, and unemployment claims rising after Reagan day observances. The environment supports a likely 0.25 percentage point rate rise by the Fed.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
National Association of Manufacturers
Jerzy Jasinowski
Northeast
South
Midwest
Labor Department
Ronald Reagan
Federal Reserve
Fed
Alan Greenspan
Capitol Hill
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Oregon
Arizona
Idaho
Montana
Nebraska
Kansas
Northwest
Larry Helmerick
Rocky Mountain Coordination Center
Chrysler.com
Chrysler
Chrysler Financial
FORD
CHEVY
Toyota
Pacifica
PT Cruiser