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The Conference Board Leading Economic Index™ for the U.S. Increases Again in November 2009

added: 18-12-2009

The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 0.9 percent, The Conference Board Coincident Economic Index™ (CEI) increased 0.2 percent and The Conference Board Lagging Economic Index™ (LAG) decreased 0.4 percent in November.

U.S. Real Earnings in November 2009

added: 18-12-2009

Real average hourly earnings fell 0.5 percent from October to November, seasonally adjusted, the Bureau of Labor Statistics reported. A 0.5 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) more than offset a 0.1 percent increase in average hourly earnings for production and nonsupervisory workers.

Climate Change: EU Must Stick to Ambitious Goals

added: 18-12-2009

"The European Union must stand firm on its climate change objectives and must not lose sight its offer of a 30% reduction in EU greenhouse gas emissions by 2020", head of the EP delegation to the Copenhagen climate change summit Jo Leinen said on Wednesday, after meeting the EU's Swedish Presidency.

U.S. Consumer Price Index in November 2009

added: 18-12-2009

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in November, the U.S. Bureau of Labor Statistics reported. Over the last 12 months the index increased 1.8 percent before seasonal adjustment, the first positive 12-month change since February 2009.

Bankrate: Mortgage Rates Rise Again

added: 18-12-2009

The average conforming 30-year fixed mortgage increased this week to 5.13 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.

Foreign Citizens Made up 6% of the EU27 Population

added: 17-12-2009

On 1 January 2008, 30.8 million foreign citizens lived in the EU27 Member States, of which 11.3 million were citizens of another EU27 Member state. The remaining 19.5 million were citizens of countries outside the EU27, of which 6.0 million were citizens of other European countries, 4.7 million of Africa, 3.7 million of Asia and 3.2 million of the American continent. Foreign citizens accounted for 6.2% of the total EU27 population.

Euro Area Annual Inflation up to 0.5% in November 2009

added: 17-12-2009

Euro area annual inflation was 0.5% in November 2009, up from -0.1% in October. A year earlier the rate was 2.1%. Monthly inflation was 0.1% in November 2009.

Fitch: Oil & Gas Outlook Stable: Upstream Improves While Refining Remains Under Pressure in 2010

added: 17-12-2009

According to Fitch Ratings' 2010 outlook for the global oil & gas sector, the oil & gas industry is stable as the rally in crude oil prices from the lows experienced during the first quarter of 2009 continue to provide considerable support to industry activity levels and financial profiles. Credit profiles across the oil & gas sector are expected to be largely in-line with 2009 levels, with exceptions for the refining and drilling and service sectors. The key risk for upstream companies and integrateds relates to the potential for weaker oil prices during the year.

Fitch: Negative Credit Outlook for European Construction in 2010

added: 17-12-2009

Ratings says that the 2010 credit outlook for European construction companies is negative as economic conditions remain fragile and access to finance difficult.

The Conference Board Leading Economic Index™ for France Increased 0.9 Percent in October 2009

added: 17-12-2009

The Conference Board Leading Economic Index™ (LEI) for France increased 0.9 percent and The Conference Board Coincident Economic Index™ (CEI) decreased 0.1 percent in October.

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