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China: Total Retail Sales of Consumer Goods Shot up From January to February 2009

added: 13-03-2009

From January to February, the total retail sales of consumer goods reached 2,008.04 billion yuan, a year-on-year increase of 15.2 percent.

The Conference Board Leading Economic Index™ for the U.K. Continues to Decline in January 2009

added: 13-03-2009

The Conference Board Leading Economic Index™ for the U.K. declined 0.4 percent, and The Conference Board Coincident Economic Index™ for the U.K. decreased 0.1 percent in January.

America’s Small Businesses Are Optimistic about Their Future

added: 13-03-2009

Network Solutions® and the University of Maryland’s Robert H. Smith School of Business announced the launch of the Small Business Success Index©, an ongoing measurement of the overall health of U.S. small businesses based on a telephone survey of 1,000 small business owners. The benchmark survey, which gathered data used to create the Small Business Success Index, was conducted in December 2008 and January 2009 and found that 69% of small businesses were profitable in 2008.

IDC Predicts Worldwide Mobile Phone Shipments To Fall 8.3% in 2009

added: 13-03-2009

The worldwide mobile phone market felt the full effects of the economic crisis in the fourth quarter of 2008 as shipments fell 11.6% year over year, marking the first time the holiday quarter has not recorded double digit growth in seven years. This closed out a year that was dismal at best, yet overall 2008 managed to grow 4.3% over 2007. This has set the stage for what IDC predicts to be a very rough 2009, with the most recent market forecast anticipating growth of -8.3% for the year.

Industrial Producer Prices Down By 0.8% In Euro Area in January 2009

added: 12-03-2009

In January 2009 compared with December 2008, the industrial producer price index fell by 0.8% in the euro area (EA16) and by 0.6% in the EU27. In December 2008, prices decreased by 1.5% and 1.7% respectively.

US Foreclosure Activity Increases 6 Percent in February 2009

added: 12-03-2009

RealtyTrac(R)released its February 2009 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 290,631 U.S. properties during the month, an increase of nearly 6 percent from the previous month and an increase of nearly 30 percent from February 2008. The report also shows one in every 440 U.S. housing units received a foreclosure filing in February.

Platts Survey: February OPEC Oil Output Fell to 28.07 Mil. Barrels Per Day

added: 12-03-2009

The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 28.07 million barrels per day (b/d) in February, as the oil producer club continued its efforts to slash oversupply and prevent oil prices falling further, according to a Platts survey of OPEC, oil industry officials and analysts just released. This is down 900,000 b/d down from January's 28.97 million b/d.

U.S. Pension Plan Funding Plunged by More than $300 Billion in 2008

added: 12-03-2009

As news of the economic crisis continues to unfold, the first look at actual 2008 disclosures reveals substantial investment losses for the largest U.S. corporate pension plan sponsors, according to a new analysis by Watson Wyatt, a leading global consulting firm. While many of these losses are due to equity declines, equity allocation targets for 2009 have not changed substantially.

Credit Crisis Litigation Doubles in 2008

added: 12-03-2009

In a new report, Navigant Consulting, Inc. found that beyond the billions in writedowns, the credit crisis produced a jaw-dropping 576 new litigation matters filed in U.S. federal courts in 2008.

Deloitte Consumer Spending Index Continues Upward in February 2009

added: 12-03-2009

The Deloitte Consumer Spending Index rose in February, once again driven by strong growth in real wages and a decline in energy prices. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

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