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China Continues Advance Up Renewable Energy League, Says Ernst & Young

added: 10-12-2009

China is now one of the top two most attractive locations in the world in which to invest in renewable energy projects, according to Ernst & Young's latest global renewable energy country attractiveness indices.

Holiday Shoppers Plan to Spend 15 Percent Less This Year, According to Discover® Card Holiday Shopping Survey

added: 10-12-2009

Discover Financial Services released its annual Holiday Shopping Survey, which assesses consumer spending trends and gift intentions for the 2009 holiday season. This year, shoppers plan to spend 15 percent less on holiday gifts compared to last year. Forty-eight percent of shoppers who plan to spend less said the economy was very influential on their decision to cut back on holiday spending this season. But of those spending less, nearly 80 percent say it will not put a damper on their holiday spirit.

U.S. Home Value Losses Stabilize in 2009

added: 10-12-2009

U.S. homes lost $489 billion in home values(1) during the first 11 months of 2009, significantly less than the $3.6 trillion lost during 2008, according to analysis of recent Zillow Real Estate Market Reports.

The Conference Board Leading Economic Index™ for Japan Increased 1.7 percent in October 2009

added: 10-12-2009

The Conference Board Leading Economic Index™ (LEI) for Japan increased 1.7 percent and The Conference Board Coincident Economic Index™ (CEI) increased 0.2 percent in October.

U.S. Productivity and Costs by Industry: Manufacturing Industries, 2007

added: 10-12-2009

Labor productivity – defined as output per hour – rose in 53 percent of detailed manufacturing industries in 2007, the U.S. Bureau of Labor Statistics reported. This was about unchanged from the proportion that recorded productivity increases the previous year. Unit labor costs declined in 19 percent of the industries.

Expensive Health Care is Not Always the Best Health Care, says OECD’s Health at a Glance

added: 09-12-2009

New internationally comparable indicators on quality of care show progress in treating serious conditions such as cancer. However, despite increasing rates of chronic diseases such as asthma and diabetes, care for these conditions falls short of good practices in too many countries, resulting in deteriorating health and higher medical costs.

Work Experience of the Population 2008

added: 09-12-2009

A total of 157.5 million persons worked at some point during 2008, the U.S. Bureau of Labor Statistics reported. The proportion of workers who worked full time, year round in 2008 was 65.6 percent, down from 68.4 percent in 2007. The number of persons who experienced some unemployment in 2008 increased by 6.1 million to 21.2 million. This sharp increase reflects weak labor market conditions due to a recession that began in December 2007.

International Investment Collapses in 2009, says OECD

added: 09-12-2009

International mergers and acquisitions are forecast to decline by 56% in 2009 compared with 2008, the largest year-on-year decline since 1995 (see figure 1). This estimate is based on OECD analysis of data for international M&A activity up to 26 November 2009.

U.S. Job Openings and Labor Turnover in October 2009

added: 09-12-2009

There were 2.5 million job openings on the last business day of October 2009, the U.S. Bureau of Labor Statistics reported. The job openings rate was unchanged over the month at 1.9 percent. The
openings rate has held relatively steady since March 2009. The hires rate (3.0 percent) and the separations rate (3.2 percent) were essentially unchanged and remained low.

Fitch: Risks Remain High for Latvia and Lithuania

added: 09-12-2009

Fitch Ratings says in a new report that the Baltic countries' sovereign ratings remain under downward pressure, with Latvia ('BB+'/Negative) and Lithuania ('BBB'/Negative) more at risk of negative rating actions than Estonia ('BBB+'/Negative).

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