Firms that begin to export boost their business productivity by up to a third in the first year. This is one of the key findings of new research published by UK Trade & Investment (UKTI), the Government's trade and investment development organisation.
Economic growth in the People’s Republic of China (PRC) is projected to moderate in 2007 and 2008, but will remain close to 10% with investment continuing to be the main driver of growth, ADB says in a key report.
Seventy-six percent of mainland China manufacturers expect to increase export prices in 2007 according to Global Sources' Fourth Bi-Annual China Supplier Survey. This compares with 70 percent in Global Sources' previous survey for the first half of 2006.
The Conference Board Consumer Confidence Index, which had marginally increased in January, improved in February. The Index now stands at 112.5 (1985=100), up from 110.2 in January. The Present Situation Index increased to 139.0 from 133.9. The Expectations Index edged up slightly to 94.8 from 94.4 last month.
Developing Asian economies will post robust growth in 2007, underpinned by strengthening domestic demand and a broadly favorable outlook for the international economy, ADB says in a new major report.
Commercial spending in the US will rise to nearly $18 trillion in 2007, up 3.9% from 2006, according to Visa's Commercial Consumption Expenditure (CCE) index.
Rising current account deficits in Bulgaria, Croatia and Romania reflect booming domestic demand, not a crisis of competitiveness, Fitch says today in a new report, "Bulgaria, Croatia, Romania: How Sustainable are External Imbalances?"
Bankrate, Inc. released a new Bankrate.com poll which found that more than three in ten homeowners (34%) do not know what type of mortgage they own. Furthermore, 28% of those surveyed worry about how they will afford their payments.
