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Industrial production down by 0.6% in euro area

added: 13-08-2009

In June 2009 compared with May 2009, seasonally adjusted industrial production fell by 0.6% in the euro area (EA16) and by 0.2% in the EU27. In May production grew by 0.6% in the euro area and remained stable in the EU27.

New Consumer Reports Index Tracks the State of the American Consumer

added: 13-08-2009

Latest index finds decline in consumer sentiment, escalation of stress, and growing financial woes take toll on retail purchasing. Consumer Reports introduced a new monthly economic survey that tracks U.S. consumers' personal financial experiences, attitudes and activities.

UK Online Recruitment Holds Steady in July, According to Monster Employment Index

added: 13-08-2009

Online employment opportunities across the UK held steady in July, as recruitment remained largely unchanged for the fourth consecutive month. The overall European Index dipped one point in July and contracted by 40 percent year-on-year.

Deloitte Consumer Spending Index Points Upward in July

added: 13-08-2009

The Deloitte Consumer Spending Index rose in July, steered by falling unemployment claims and tax burdens, along with a rise in real wages. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

By 2014, Asia-Pacific Region Will Have 39% of the World’s Cellular Towers

added: 13-08-2009

The Asia-Pacific region will see huge numbers of cellular towers built over the next five years, with demand driven by the massive, rapid increase in mobile subscribers in China and India. By 2014, according to a new study from ABI Research, the area will contain 39% of the world’s cell towers, in a Total Addressable Market worth nearly $125 billion.

Monster Employment Index Europe Edges Down, as Worker Demand Falls across Business Services Sector

added: 12-08-2009

Online recruitment activity across the European Union continued slowing in July as sluggish demand in Germany offset seasonal upticks in France and Italy. The Index’s year-on-year decline of 66 points (40 percent) represents the steepest annual drop on record, indicating the European labour market remains in contraction mode despite signs of stabilisation in some of the major markets. Sustained falls in sectors such as accounting, consulting, engineering, IT and R&D suggest many European businesses continue to rein in external costs and remain cautious about investing due to the uncertain economic climate.

New Poll Shows Two-Thirds of Americans Don't Think Government Health Care Will Cut Costs

added: 12-08-2009

Despite President Obama's efforts to position government-funded health care as a "cost-cutter" for all taxpayers, two-thirds of Americans think there are more effective ways to reduce health care costs, according to a national survey question released today by message research firm M4 Strategies.

Wells Fargo Survey Finds Employment is Top Financial Concern for U.S. Homeowners

added: 11-08-2009

A Wells Fargo & Company (NYSE:WFC) 2009 quarterly survey finds that when it comes to homes, it’s all about jobs.

China's Major Economic Indicators in July

added: 11-08-2009

In July, the total value added of the industrial enterprises above designated size was up 10.8 percent year-on-year, or 3.9 percentage points lower than that in July 2008, or 0.1 percentage point higher than that in June 2009; it was the third consecutive month which witnessed an acceleration of year-on-year growth. In the first seven months of this year, it was up 7.5 percent year-on-year, which was down by 8.6 percentage points over that in the same period of last year, or 0.5 percentage points higher than that in the first six months in 2009.

National 30-year Fixed Mortgage Rates Rise

added: 11-08-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.36 percent, up from 5.26 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Also, rates for 15-year fixed mortgages rose to 4.69 percent from 4.62 percent, and 5-1 adjustable rate mortgages rose to 4.28 percent, down from 4.21 the week prior.

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