The banjos on the veranda are joined by the low boom of a double bass and jaunty pitch of a fiddle and guitar, the audience nodding along to the beat.
"We considered over 30 designs and believe that the QSST is the only design that meets all the desired requirements including range, take-off and landing field length, take-off noise, emissions and sufficiently low sonic boom characteristics to enable supersonic flight over land, " he told CNN.
In July this year, Asian gas buyers paid almost six times the futures prices in the U.S., where gas prices have been driven low by the shale boom.
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The real estate boom and low interest rates have allowed people to squeeze more money out of their homes by refinancing or taking out second mortgages on suddenly much more valuable property.
The concept, called the "Internet of Things, " has been kicking around for many years, but a recent boom in low-cost sensors and popular gadgets like the Nest smart thermostat have led to more gadgets that successfully add Web connectivity.
Despite a long boom spurred by low interest rates inside the euro, Greece did little to tackle its persistent deficits.
Boeing blames low margins, despite the boom in sales of commercial jets.
Reminds me of what happened to the TV business when flat panels when from a boom market to low single-digit percentage rate growth.
What these bonuses foster, instead, is an ultra-expensive environment inhospitable to more middle-class employment, although it does create a boom market for low-end service workers.
Edward Parker of Fitch says that a Baltic crash might mean that some countries have to follow the example of Portugal, which has been stuck with high costs and low growth after an unsustainable boom.
Mayor Lambert said the gas boom is keeping unemployment low and creating some amusing anecdotes.
Low interest rates have encouraged a boom in retail banking and mortgage refinancing: income from retail banking jumped 63%.
The country had low public debt and its earlier boom had prepared the public for the risk of a bust.
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Fannie Mae has burst into the top 30, an obvious beneficiary of low interest rates and the refinancing boom in home mortgages.
If and when oil exports and trade imbalances next reach a cyclical peak, it may make sense to park surpluses in low-risk assets until the boom subsides.
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Rather, low interest rates, an export boom and a business environment in which managers are scarcely accountable to shareholders may have generated too much of the stuff.
The New York Times had a big scoop recently on a lawsuit in Boston that accuses some of the biggest private-equity firms including Bain Capital, TPG and KKR of conspiring to keep takeover prices low during the leveraged-buyout boom from 2003 to 2007.
With inflation under control, central banks are inclined to keep interest rates low and thereby unwittingly accommodate an unsustainable boom in credit and asset prices.
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Then, when inflation fell in the 1990s, they benefited again from a step jump in the value of their biggest asset as low interest rates stimulated a prolonged housing boom.
The credit boom was created by initially low adjustable rate mortgages, interest-only or negative amortization loans, and an appreciating real estate market that allowed homeowners to extract equity to help make mortgage payments.
The initial phase of inflation is low bond yields, then as the boom reveals itself to be false and price inflation begins to work its way into the system, rates rise to reflect inflation risk.
FORBES: Why Interest Rates Tell Lies About Inflation, Growth And Just About Everything Else
Few, especially readers of this bubble-obsessed newspaper, will be surprised to find that the Federal Reserve helped inadvertently to inflate the financial boom by keeping interest rates low and talking a lot about a productivity revolution, and that it deserves criticism for doing so.
ECONOMIST: When economics meets politics, guess which one wins
The amount of lending to first-time buyers has been low in recent years, compared with the boom in the housing market.
The low tax rate would set off an economic boom by letting people keep more of what they earn and by lowering barriers to risk taking.
The species had its best breeding season for 130 years last year, measured by the number of "booming" males, whose distinctive mating call is a low-pitched, far-carrying "boom".
What it does have going for it is a large population, with most of its 150 million people of working age, and relatively low wages, which helped fuel a manufacturing boom centered around garment making.
It has grown rapidly in the past decade, a boom fueled by Bangladesh's exceptionally low labor costs.
The nostalgia is understandable: that pact was followed by a long period of strength for the yen and a boom for much of Asia fuelled by deceptively low-cost dollar borrowing and big inflows of Japanese investment.
Ms Barker was investigating why the supply of new houses had responded so sluggishly to the house-price boom, with completions actually falling to a low of about 175, 000 in 2001, although they have since staged a recovery (see chart).
Despite a credit boom, which has seen a big increase in low earners' unsecured debt relative to their income, the doorstep lending market is flat.
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