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Report Suggests Economic Downturn May Be Changing the Face of Retail Crime

added: 13-01-2010

A new study shows the down economy may be changing the face of retail crime. The report, sponsored in part by ADT and its Sensormatic Retail Solutions group, suggests that employees are stealing less merchandise while shoplifting or theft by consumers and gangs is on the rise.

The Conference Board Employment Trends Index (ETI)™ Improves Sharply in December 2009

added: 13-01-2010

The Conference Board Employment Trends Index (ETI)™ continued to rise in December, its sixth consecutive increase. The index now stands at 91.8, up 1.7 percent from the November figure. The index is down 5.2 percent from a year ago. This month’s increase was driven by positive contributions from all eight components.

UK Online Recruitment December Ends the Year on a High

added: 13-01-2010

Online recruitment opportunities in the UK rose four points (three percent) in December, ending the year at a level unseen over the prior 11 months.

National Thirty-Year Fixed Mortgage Rate Falls Back Under 5.00%

added: 13-01-2010

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased six basis points last week to 4.99 percent, down from 5.05 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages fell seven basis points to 4.41 percent from 4.48 percent, and 5-1 adjustable rate mortgages fell nine basis points to 4.06 percent, from 4.15 percent the week prior.

ECB: Biannual Information on Euro Banknote Counterfeiting

added: 12-01-2010

In the second half of 2009 a total of 447,000 counterfeit euro banknotes were withdrawn from circulation. This is an increase of around 8% on the quantity recovered in the previous six months.

U.S. Auto Industry's Image Showing Signs of Improvement in the Eyes of America's Youth: Deloitte Survey

added: 12-01-2010

If the largest generation since the baby boomers has its way, Generation Y, at 75 million strong, might just be the group to help jump start the automotive industry in the United States, according to a new survey from Deloitte. In collaboration with The Eli Broad Graduate School of Management at Michigan State University, the Deloitte survey indicates Gen Y consumers may have an increasingly positive view of everything from auto jobs to American-made vehicles.

Retail Sales Grow Despite Recession, but Profits Take a Hit

added: 12-01-2010

Despite one of the sharpest economic contractions in decades, the world's largest retailers were able to increase sales by 5.5% in fiscal year 2008 (encompasses fiscal years ended through June 2009), with total retail sales equaling around $3.8 trillion. However, a new report, 2010 Global Powers of Retailing, from Deloitte Touche Tohmatsu, in conjunction with STORES Media, shows that the global recession affected retailers' bottom line. Profitability at the largest 250 retailers in the world fell from 3.7 percent in fiscal 2007 to 2.4 percent in 2008.

China: Entrepreneur Confidence Index Promoted in the Fourth Quarter of 2009

added: 12-01-2010

According to the results of nationwide survey showed that entrepreneur confidence index (ECI) gained 127.7 in the fourth quarter, promoted 7.6 points over previous quarter.

China: National Business Climate Index Kept Booming up in the Fourth Quarter of 2009

added: 12-01-2010

Business Climate Survey results of NBS in whole country showed that the national business climate index (BCI) was 130.6 in the fourth quarter of 2009, booming up by 6.2 points quarter-on-quarter.

Economic Outlook for 2010 Looks Promising, But Risk of a Double Dip Remains

added: 12-01-2010

The G8 and regional economies have averted a global economic depression. The IMF in its 4Q-2009 assessment estimated that the global economy shrank 1.1% in 2009 but will grow 3.1% in 2010. According to ABI Research vice president for forecasting Jake Saunders, “2010’s expected growth has been created through very necessary but very substantial government debt. Underlying organic demand — demand from consumers — remains weak while B2B demand, though more robust, has been limited by restrictions on credit by cautious banks.”

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