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added: 07-05-2008

U.S. Home Values in Q1 Post Largest Decline in More than a Decade, Falling Back to 2005 Levels

added: 06-05-2008

Home values in the first quarter of 2008 fell 1.6 percent from the fourth quarter and 7.7 percent from the year-ago quarter, marking the most significant year-over-year decline in the past 12 years, to a U.S. Zindex(R) home value indicator of $213,000, according to the Zillow.com Q1 Home Value Report. The median U.S. home value has not been this low since the second quarter of 2005, leaving more homeowners who purchased in 2005 or later with negative equity than any quarter previously reported by Zillow.

EU Budget 2009: Highest Spending for Growth and Employment

added: 06-05-2008

Long-term economic progress and employment remain firmly at the top of European Union spending, taking the biggest share – nearly 45% - of the proposed 2009 budget - a 3% rise on 2008. The proposal presented today also highlights the growing trend to gear policy spending towards the energy and environment, with a massive 10% of the budget going on environment. Money for agriculture will remain stable at €42.9 billion. All headings in the budget will grow, reaching a total of €134.4 billion in commitments and €116.7 billion in payments.

Online Shoppers Trust in the Internet for Home Furniture and Appliance Purchases

added: 06-05-2008

PriceGrabber.com(R), a part of Experian, examines home furniture and appliance online shopping trends in the latest Consumer Behavior Report, based on a survey of 1,945 online consumers conducted in late March 2008 and compared with a similar survey of 1,417 online consumers conducted in August 2006. In the March survey, 53 percent of respondents indicated that Web sites are their primary source for researching products and merchants for their next major home product purchase.

Asia: Higher Farm Productivity Key for Food Security

added: 06-05-2008

Developing Asia needs to strike a balance between providing immediate relief to shield the poor and vulnerable against rising food prices and in the short-term ensure inputs and credit are available to spur a strong supply response over the coming crop cycles, says a new report from Asian Development Bank (ADB).

Industry OECD Area Unit Labour Cost Growth Remains Negative in the Fourth Quarter of 2007

added: 06-05-2008

For most major OECD economies, except Canada and the United Kingdom, unit labour cost growth in industry remained negative in the fourth quarter of 2007.

Household Saving Rate at 14.3% In The Euro Area And 10.6% In The EU27

added: 06-05-2008

In the fourth quarter of 2007, the seasonally adjusted gross saving rate of households was 14.3% in the euro area (EA13). It was 14.0% in the third quarter of 2007. In the EU27, the household saving rate was 10.6% in the fourth quarter of 2007, compared with 10.4% in the third quarter of 2007.

Industrial Producer Prices Up By 0.7% In Euro Area

added: 06-05-2008

In March 2008 compared with February 2008, the industrial producer price index rose by 0.7% in the euro area (EA15) and by 0.6% in the EU27. In February prices increased by 0.7% in both zones.

Number of Millionaire Households in US Has Increased Significantly

added: 06-05-2008

TNS released results from its annual Affluent Market Research Program (AMRP). For the sixth consecutive year, TNS found that the number of millionaire households has increased significantly.

NYSE Euronext Business Summary for April 2008

added: 06-05-2008

NYSE Euronext reported strong transaction volume growth across most of its products and exchanges compared to the same period in 2007 and year-to-date.

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