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Private-Company CEOs Continue to Cut Costs as Optimism in U.S. Economy Increases

added: 10-06-2009

As optimism in the U.S. economy appears to have bottomed at a 16-year low and is now showing signs of recovery, 83 percent of CEOs interviewed for PricewaterhouseCoopers' Private Company Trendsetter Barometer survey report taking important business measures to offset the current and future impact of the recession, with 51 percent characterizing these efforts as "major."

EU and Canada Start Negotiations for Economic and Trade Agreement

added: 10-06-2009

EU Trade Commissioner Catherine Ashton and Stockwell Day, Canadian Minister of International Trade and Minister for the Asia-Pacific Gateway, set in motion negotiations for a Comprehensive Economic and Trade Agreement (CETA) that could provide up to EUR 20 bn per year in additional benefits to the two economies. Commissioner Ashton and Minister Day met at the Conference de Montreal, where both spoke at a plenary session on the economic crisis and international trade. The two agreed that the first full round of formal negotiations for the CETA, at senior official level, should take place in October.

Manufacturing Ranked # 1 Industry For Economic Prosperity

added: 10-06-2009

Despite more than a year of bad news as the manufacturing sector continues to contract, a new annual index released by Deloitte LLP and The Manufacturing Institute shows that Americans view manufacturing as the most important industry for a strong national economy. There is a wide perception gap, however, between the public's highly positive views of manufacturing's contributions to America's economic success and their negative views about pursuing a career in manufacturing.

Struggling Economy, Stricter Lending Criteria Push More Consumers to Used Vehicle Market

added: 10-06-2009

A struggling economy and stricter lending criteria have pushed more consumers toward used vehicle loans, according to a quarterly analysis of the automotive credit market released by Experian Automotive.

Deloitte Consumer Spending Index Continues Downward in May 2009

added: 10-06-2009

The Deloitte Consumer Spending Index declined again in May, driven downward primarily by the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

China: Producer Price Index for Manufactured Goods Went down in May 2009

added: 10-06-2009

In May, producer price index (PPI) for manufactured goods was down by 7.2 percent year-on-year; purchasing prices for raw material, fuels and power fell 10.4 percent.

RICS UK Housing Market Survey, May 2009

added: 10-06-2009

A further increase in both new buyer enquiries and sales, as well as a reduction in the level of stocks on surveyors books has begun to provide some support for property prices, says RICS’ UK housing market survey.

OECD Unemployment Rate Rises to 7.8% in April 2009

added: 10-06-2009

The unemployment rate for the OECD area was 7.8% in April 2009, 0.1 percentage point higher than the previous month and 2.2 percentage points higher than a year earlier.

Slight Fall in UK Online Recruitment in May 2009

added: 10-06-2009

The Monster Employment Index UK fell by 2% in May, offsetting growth seen in April. Overall, the Index is down 40% year-on-year.

Monster Employment Index Europe Reports Third Consecutive Decline in May 2009

added: 09-06-2009

The Monster Employment Index Europe dipped six percent in May, as online recruitment activity fell sharply in Germany, France, Italy and the Netherlands.

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