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Expanding on our previous post on concussions, Schutt has come out with a Safer Helmet. With more energy absorbing material and a better design. Just what we were stating last year. Football helmets need to be more like top of the line racing helmets.

http://sports.yahoo.com/nfl/blog/shutdown_corner/post/This-is-DeSean-Jackson-s-new-anti-concussion-hel?urn=nfl-282521


 2010 Winter Olympic Games | United States Medal Count

  • Gold:             9
  • Silver:          15
  • Bronze:       13 
  • Total:         37

 2006 Winter Olympic Games | United States Medal Count

  • Gold:            9
  • Silver:          9
  • Bronze:        7 
  • Total:         25

 2002 Winter Olympic Games | United States Medal Count

  • Gold:           10
  • Silver:         13
  • Bronze:       11
  • Total:         34

 

2010 was a record haul for overall medals in United States Olympic games history. Out of 24 countries competing, for a total of 258 medals won, the U.S. claimed approximately 14.4% of all Olympic medals handed out in 2010. The U.S., representing 4.125% of the competition, won 14.4% of the medals.

The percentage increase from 2006 was approximately        32.44%

The percentage increase from 2002 was approximately        8.11%

 das vidania – 2014…


  –Basking Ridge | May 27, 2009 | By: p9 SportsGroup

Event Presented by: Ricola USA

The established and rising stars of some of the best road cycling race teams, both domestic and international took part in the 4th annual Ricola Twilight Grand Prix in the historic borough of Basking Ridge, New Jersey. The challenging 8 turn, 1.1 mile, spectator friendly circuit snakes through the suburban side streets and up the main road in downtown Basking Ridge. The 44 lap event and race circuit are very demanding of both riders and machines- with its 5 sweeping fast and 3 tight corners that challenge the riders handling skills as much as their speed and endurance.

The temperaturewas a mild 70 degrees with partly sunny skies at the beginning of the race as some 93 riders from about 15 pro and category 1 & 2 cycling teams rolled off the start line. The opening laps pitted Kenda/Inferno racing, Battley Harley Davidson Cycling Team, Canadian Team Planet Energy, Mtn. Khakis Team, Empire Cycling, Kelly Benefit Strategies, Team Team Type 1 and OUCH Pro Cycling Team against one another for about the first quarter of the race.

GP start

Empire Cycling Team briefly led the first few laps before Mtn. Khakis took a turn at the front followed by the Harley Davidson and Kelly riders who struck back taking their team colors to the head of the field. The race was fast-paced and tidy, as the bulk of riders stayed mostly together through the first half. Then the racing action heated up as Battley Harley Davidson made a mini break but was soon caught by the pack. As the last third of the race wound down a handful of riders led by Team Kelley Benefit made another attempt to split and break free but it was short-lived as well.

GP Lee

The tempo was rapid but steady as the pro’s winded their way through some of the narrow streets, inches from curbing and hay bales- the action, swift and intense. The group bent their bikes in- leaning hard left sweeping around Lee Place then a quick cut right on to Hillside Terrace as the tight pack tucked in and drafted up No./So. Finley across start-finish one more time.

 GP Finley

Lap after lap, turn after turn, the 90 plus rider field was whittled down to about 30 with 10 circuits to go. Soon after, team Mtn. Khakis made a solo effort to break away and began to gap the main field by about 15 seconds. But on the penultimate lap the fury of the speeding pack in the final sprint reeled him in and one became 20+ riders flying on the road at over 35 mph- pegged at their absolute limits heading to the final bell lap.

 

GP finish

Up South Finley Street on the main finishing stretch of road- it was Aldo Ino of Team Type 1 and Kazane-brand mounted Eric Barlevav from Mtn Khakis  fighting it out- as the Slovenian Ino nipped Barlevav at the line with Francois Parisien aboard his sleek and swift Argon 18 of Planet Energy Racing team taking third. The 44 lap Ricola GP went by quick- as the riders clicked off lap after lap with speeds touching just over 40 mph in some sections of the course. Thankfully there were only minor incidents that saw only 2 crashes, one being a Champion Systems rider that was relatively unhurt. In the end, the average speed of the event was a very stout 32.2 mph.

Top Three Finishers:

  • 1st place – Aldo Ino | Team Type 1
  • 2nd place – Eric Barlevav | Mtn Khakis Racing
  • 3rd place – Francois Parisien | Planet Energy Racing

Fourth to Tenth Place:

Maxime Vives | Planet Energy
Jonathan Page | Battley HARLEY-DAVIDSON/Sonoma Grill
Clayton Barrows | CRCA/Empire Cycling Team
Cheyne Hoag | Kelly Benefit Strategies
Chad Burdzilauskas | Kenda Pro Cycling
Stephan Kincaid | CRCA/Empire Cycling Team
Ryan Anderson | Kelly Benefit Strategies

GP podium

A big round of applause goes out to all of the riders and teams as well as Ricola, Base Camp, The Store and Liberty Cycle. The racing was great and the excited, cheering fans who lined roads were treated to a unique display of athleticism, determination and passion all rolled into one fast, galant battle of men and their machines. See you in 2010!

Larger/Additional Photos: http://www.p9group.8m.com/photo2.html


The New Jersey housing market showed that it still has a pulse as contract-sales increased by 23% in March despite the continuing stream of grim economic news. The March increase, which is the 3rd consecutive monthly sales increase, is largely due to seasonality as home sale activity typically rises in anticipation of the Spring selling season. That this year’s increase was 23%, compared with a 9% rise last March.

contract sales

A major reason behind the rise in home sales is lower home prices and lower mortgage interest rates that have raised housing affordability in New Jersey from a low of 81% in 2006 to 111% today.

The bottom line is that the current sales pace remains the lowest of the past 5 years. This is directly due to the challenges posed by a weak economy, tightened credit standards, rising food and energy costs and a high amount of unsold inventory, which presently reflects an 11-month supply.

While New Jersey is faring a bit better than most of the country, it remains to be seen if this short-term positive news can become a positive trend.


From ISC – Daytona, FL.

Reported results for the fiscal first quarter ending February 28, 2009.

The April 7th meeting kicked off with a statement from the ISC President.

“While pleased with the level of excitement and competition on the track as well as the fans’ avid support of NASCAR, we are not immune to the broader macroeconomic challenges facing all businesses,” said ISC President Lesa France Kennedy.

First Quarter Comparison

Total revenues for the first quarter decreased to $166.1 million, compared to revenues of $193.9 million in the prior-year period. Operating income was $50.0 million during the period compared to $66.9 million in the first quarter of fiscal 2008. In addition to the macroeconomic challenges, quarter-over-quarter comparability was impacted by:

    --  Exceptionally strong consumer and corporate demand for the 50th
        running of the Daytona 500 and surrounding events in the first quarter
        of 2008.  The historic race provided unique opportunities to drive
        revenue above the otherwise strong appeal of one of sport's most
        marquee events.

    --  The 2008 first quarter also included a non-cash charge of $3.8
        million, or $0.07 per diluted share after tax, to correct the carrying
        value of certain other assets as of November 30, 2007.  In addition,
        the first quarter of 2008 included an impairment charge of $0.7
        million, or $0.01 per diluted share after tax, related to charges for
        the fill removal process on the Company's Staten Island property and,
        to a lesser extent, the net book value of certain assets retired from
        service.

    --  The first quarter of 2009 included a $1.6 million, or $0.03 per
        diluted share after tax, charge for equity in net loss from equity
        investments related to Motorsports Authentics, LLC ("MA"), the
        Company's motorsports-related merchandise 50/50 joint venture with
        Speedway Motorsports Inc.

Net income was $25.1 million, or $0.52 per diluted share, compared to net income of $36.2 million, or $0.71 per diluted share, in the prior year.  Non-GAAP (defined below) net income for the first quarter of 2009 was $27.2 million, or $0.56 per diluted share. Non-GAAP net income for the first quarter of 2008 was $39.7 million, or $0.78 per diluted share.

GAAP to Non-GAAP Reconciliation:

The 2008 adjustments relate to: a benefit for equity in net income from equity investment; accelerated depreciation for certain office and related buildings in Daytona Beach; the impairment of long-lived assets associated with the fill removal process on the Staten Island property and the net book value of certain assets retired from service; and, a non-cash charge to correct the carrying value of certain other assets.

The adjustments for 2009 relate to: a charge for equity in net loss from equity investment; accelerated depreciation for certain office and related buildings in Daytona Beach; and, the impairment of long-lived assets associated with the net book value of certain assets retired from service,.

Non-GAAP diluted earnings per share                $0.78          $0.56
                                                                                              

Outlook

“Although we expect our business will continue to be impacted by a challenging macroeconomic environment throughout 2009, we enjoy a business model that benefits from strong consumer support and a solid foundation of contracted revenues,” stated Ms. France Kennedy.

“These significant top-line visibilities combined with undertaken cost containment measures help ensure that our business will continue to generate substantial cash flow.”

Attendance for 2009 is expected to be down about 15% from 2008. Given the economic climate and financial difficulties the entire country is experiencing  a 15% decline seems fairly acceptable.

To somewhat combate this short-fall in ticket sales, Nascar and ISC have decided to lower ticket prices on a certain number of seats at each of its ISC owned tracks. A simple, yet smart strategy, that will probably pay off…

Full report here: http://ir.iscmotorsports.com/phoenix.zhtml?c=113983&p=irol-newsArticle&ID=1274018&highlight=


 The historic and famed TD Commerce Bank “Triple Crown of  Cycling” has been consolidated into just one title event for 2009. The single sponsored event- the Philadelphia International Cycling Championship is scheduled to take place on June 7th of this year.

Admist the deep recession and troubled economy as well as TD Bank’s assessment of its sponsorship dollars, the bank has decided to step down from title sponsorship of the Reading and Lehigh Valley Classics, the first two legs of the Pennsylvania Triple Crown of Cycling.

The event is now in its 25th year of existence, starting out as the old Core States race back in 1984. Each year its stature and popularity has proved to continually grow with both the fans and competitors alike. But with the on-going financial difficulties, 2009 will be more of a test to the future of the long standing event.

There will be a  main featured race for the contingent of pro riders and a few of races for the amateur riders. Philadelphia city and Pro Cycling Tour officials expect a slight decline this year, with between 50,000 and 75,000 spectators posibly attending, based on figures from previous years.

“Given the succesful history of the event and the past amount of spectators, the 2009 expected numbers are a bit down due to the economic climate.” Said a Pro Tour official.

Race Statistics:

Biggest One-Day cycling event in U.S.
Over 350,000 spectators – 2008
Local live television coverage
2007 ratings – 3.4 audience share

Video impressions – 12.5-million
Website hits 30 days prior to event – 3.6-million

Event Demographics:

53% male
47% female
57% ages 25–49
64% college graduate or higher

49% professional
31% non-professional
20% students
59% earning $50,000+
30% earning $100,000+

The estimated total economic impact for the city of Philadelphia  is approximately between $3 and $5 million dollars. Being the 5th largest media market in the country that type of boost to the local and regional businesses will do the tax coffers good.

The impact of revenue ranges from the mom & pop stores to chain hotels, restaurants and a variety of retail services.

Sporting events, both local and national are visible reminders that hard work eventually pays off and that winning is never easy- but is always rewarding.


Here is the latest Cost of Living report from the Council for Community and Economic Research.

The following are the top 5 cities where the cost of living is the highest. The respective  unemployment rates for February and most current median income data were utilized in the analysis.

1. Providence, R.I.
(Providence-Fall River-
Warwick, R.I.-Mass., metro area)

Population: 1.6 million
Cost of Living Index: 122
Median Income: $54,064
February Unemployment Rate: 11.6%

2. Los Angeles, Calif.
(Los Angeles-
Long Beach-Santa Ana, Calif., metro area)

Population: 12.9 million
Cost of Living Index: 148
Median Income: $56,680
February Unemployment Rate: 10.2%

3. Riverside, Calif.
(
RiversideSan Bernardino-Ontario, Calif., metro area)

Population: 4.1 million
Cost of Living Index: 120
Median Income: $54,991
February Unemployment Rate: 12.2%

4. Tampa, Fla.
(
TampaSt. Petersburg-Clearwater, Fla., metro area)

Population: 2.7 million
Cost of Living Index: 96
Median Income: $45,243
February Unemployment Rate: 10.2%

5. Buffalo, N.Y.
(
Buffalo-Niagara Falls, N.Y., metro area)

Population: 1.1 million
Cost of Living Index: 96
Median Income: $44,747
February Unemployment Rate: 9.6%

Four of the five top cities have double digit unemployment as of February. March figures came in slightly higher and April is expected to be higher still. While the jobless rate expands wages remain relatively flat.

In addition, the top five states as of March with the most unemployment are:

NC – 10.8%

CA – 11.2%

SC – 11.4%

OR – 12.1%

MI – 12.6%

The complete list of unemployment rates by state: http://www.bls.gov/web/laumstrk.htm


One of the most important and reliable Leading Economic Indicators in relation to the Business Cycle is Retail Sales.  Retail Sales are a major part of Consumption- a function of the business cycle and a basis for the Inflation Index as well.

Simplified, aggregate demand, a composite function of personal consumption is the largest component of  the economy, representing approximately 65% or two-thirds of GDP. Two of biggest components of GDP are- Consumer Spending and Trade.

The latest Retail Sales report is out tomorrow and the hope is for some good news. Unfortunately, sales figure reports to this point have all been bad. Shrinking household wealth as a consequence of-  debt, on-going and rising job loss, have curtailed spending to depressed levels.

retail-sales-10y

The first quarter figures will likely show an approximate 2.5% year-over year drop in activity- with predicted March numbers barely in the black at 0.2%. Given that factory output shrunk, unemployment still climbing, loan delinquencies widening and drop off in auto sales- the minute increase could actually be deceiving.

One of the drivers of the predicted o.2% uptick could still be the use of gift cards that were purchased in December 2008. As consumers held on and rationed their spending during the first three months of 2009.

Crude- but effective

A couple crude measures of consumption, though maybe somewhat old-fashioned…is to keep tabs on the local Freight Train and delivery truck activity. Huh? Well, how do you think all those goods get to shelves?

As part of our local surveys, RE has noticed a decisive drop-off in freight train frequency and the length of freight cars. Additionally, the on-road saturation of trailer trucks in the central and northern NJ regions is noticeably less as well.

According to data from the NRF, forecasts for the second quarter call for further decline as well. Normally, a quarter’s worth of consistent data would be good enough to make the call for a trend-in-the-making. Although given the many conflicting data- corrections are sure to be made come Q2.


According to RealtyTrac residential foreclosures in New Jersey jumped 1.96% during the first quarter of 2009, y-o-y and rose a colossal 40% from February 2009.

nj-foreclosures

Q1 official auctions in NJ included 2,293 residential properties as Essex County lead the way with 296. Passaic followed with 217,  as well as Ocean- 217 and Union with 215. These were the top four counties with foreclosures during Q1.

The four top cities with foreclosures were Newark, Paterson, Elizabeth and Dover NJ. Currently NJ ranks 24th in the nation with foreclosure filings.

This latest report clearly shows that the housing  collapse continues to undermine the New Jersey economy.

State economists predict the jobless rate will continue to climb throughout the year which will render more homeowners unable to make mortgage payments and in turn face further foreclosures.


Central New Jersey class A office space is showing signs of life. With a lack of spec building in the overall market, class A vacancy rates have gone from about an appalling 20% to around  5.5%.

Recent data shows most class A units are currently leasing between $24 psf to $28 psf. Although on the flip-side, class B vacancy rates have risen to approximately 13% with lease rates around $18 to $20 psf.

Nationally, office vacancy rates have ticked upward to a four year high in the first quarter of 2009- clocking in at 15.2%. The decline in the amount of occupied space was 24.9 million square feet, the most since September 2001.

office-index-chart

Overall vacancy rates are predicted to reach nearly 20% by years end, while effective rents in Q1 fell approximately 2% with the average rent psf at 24.16. Nearly 50 million square feet of office space is expected to be empty in 2009, but is also expected to begin to fill up in early 2010 as the economy starts its slow, but certain recovery.

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