GOVERNMENT-WIDE ACQUISITION CONTRACT - GWAC
Contract in which several government agencies align their needs and purchase a contract for goods and services. It allows for economies of scale, usually reduce per unit costs. Normally, these are used to acquire new technology such as computers. One particular agency can spearhead the contract, expecting more agencies to follow suit.
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Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |


