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Sweden Economy: Recovery on Track but Long-Term Unemployment a Key Challenge

added: 23-01-2011

Sweden is expected to continue to recover strongly from the recession as high saving, low interest rates and an improving jobs market encourage consumers to step up spending, according to the OECD’s latest Economic Survey of the country.

EU27 Current Account Deficit 19.7 bn Euro in the Third Quarter of 2010

added: 22-01-2011

According to the latest available data, the EU27 external current account recorded a deficit of 19.7 billion euro in the third quarter of 2010, compared with a deficit of 26.1 bn in the third quarter of 2009 and a deficit of 34.9 bn in the second quarter of 2010.

The Conference Board Leading Economic Index® (LEI) for France in November 2010

added: 22-01-2011

The Conference Board Leading Economic Index® (LEI) for France declined 0.3 percent and The Conference Board Coincident Economic Index® (CEI) increased 0.3 percent in November.

Bankrate: Mortgage Rates Stuck in a Holding Pattern

added: 22-01-2011

Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.95 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.

Well Functioning Housing Markets are Key for Stability and Growth

added: 21-01-2011

Poorly managed housing markets played a key role in triggering the recent global financial crisis and may be slowing the recovery. A new OECD study offers governments a roadmap for sounder housing policies.

US Usual Weekly Earnings in the Fourth Quarter of 2010

added: 21-01-2011

Median weekly earnings of the nation's 100.1 million full-time wage and salary workers were $752 in the fourth quarter of 2010 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported. This was 0.5 percent higher than a year earlier, compared with a gain of 1.3 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period.

The Conference Board Leading Economic Index® (LEI) for the U.S. in December 2010

added: 21-01-2011

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.0 percent, The Conference Board Coincident Economic Index® (CEI) increased 0.2 percent and The Conference Board Lagging Economic Index® (LAG) increased 0.3 percent in December.

U.S. Companies in China Thriving Despite a Challenging Business Climate

added: 21-01-2011

Despite challenging market conditions and an increasingly competitive business environment, U.S. companies in China closed out 2010 with all-time performance highs and remain optimistic about their business prospects moving forward, according to the 2010–2011 China Business Report released today by The American Chamber of Commerce in Shanghai (AmCham Shanghai).

Northeast U.S. Economy to Outperform in 2011, Southeast to Lead the Pack in 2012

added: 21-01-2011

Local economies of the Mid-Atlantic region of the U.S. will outpace the national growth average in 2011, while Southeastern states will be the growth leaders in 2012, according to a regional economic forecast report released by TD Economics, an affiliate of TD Bank, America's Most Convenient Bank®.

China: National Economy Showed Good Momentum of Development in 2010

added: 21-01-2011

According to preliminary estimation, the gross domestic product (GDP) for the year 2010 was 39,798.3 billion yuan, up by 10.3 percent at comparable prices, or 1.1 percentage points higher than that in the previous year.

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