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Businesses Investing in Energy Efficiency Measures to Combat Rising Energy Costs

added: 18-05-2007

Results from a first-time survey of North American business leaders indicate they expect energy prices to continue to rise, and plan to invest in energy efficiency measures to help fight rising costs. Despite the trend toward sustainability, executives cite a desire to decrease energy expenditures within their organizations as a greater motivator than environmental responsibility.

Economic Links between China and the U.S. are Growing

added: 18-05-2007

AeA, the high-tech trade association, released the 15th edition of its ongoing Competitiveness Series. The report analyzes the growing economic relation between the United States and China in terms of high-tech trade and foreign direct investment.

US: Mass Layoffs In the First Quarter of 2007

added: 18-05-2007

In the first quarter of 2007, there were 965 mass layoff events that resulted in the separation of 139,269 workers from their jobs for at least 31 days, according to preliminary figures released by the U.S. Department of Labor’s Bureau of Labor Statistics.

Bankrate: Mortgage Rates Stay Rangebound

added: 18-05-2007

Mortgage rates increased slightly this week, with the average 30-year fixed mortgage rate rising to 6.32 percent. According to Bankrate.com's weekly national survey of large lenders, the 30-year fixed rate mortgages had an average of 0.26 discount and origination points.

US: Business Employment Dynamics in Third Quarter 2006

added: 18-05-2007

From June 2006 to September 2006, the number of job gains from opening and expanding private sector establishments was 7.4 million, and the number of job losses from closing and contracting establishments was 7.3 million, according to data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

Commission proposes that Cyprus Adopts the euro in 2008

added: 17-05-2007

The European Commission concluded that Cyprus has achieved a high degree of sustainable economic convergence with the euro area Member States and that it fulfils the necessary conditions to adopt the euro. On the basis of this positive Convergence Report, the Commission proposes to the Council that Cyprus adopts the euro on the 1st of January 2008.

The Leading Index for France Increased 0.4 Percent in March

added: 17-05-2007

The Conference Board reports that the leading index for France increased 0.4 percent and the coincident index increased 0.1 percent in March.

Demand Response and Advanced Metering Can Save $35 Billion in Electricity Costs Over the Next 20 Years

added: 17-05-2007

Rising electricity costs are once again dominating the headlines. One way to lower these costs is to avoid the construction of expensive peaking power plants. Analysis undertaken by The Brattle Group shows that demand response programs based on advanced metering and dynamic pricing could reduce peak load in the United States by at least 5% over the next few years.

Japanese Report Record Trade and Current Account Surpluses Thanks to Weak Yen

added: 17-05-2007

The Automotive Trade Policy Council (ATPC), speaking on behalf of General Motors, Ford and DaimlerChrysler, pointed to Japan's announcement earlier this week of record- breaking trade and current account surpluses as compelling evidence that the U.S. needs to pressure Japan to urgently realign its heavily undervalued yen.

Rising Gas Prices Begin to Sway New-Vehicle Owners Toward Smaller Versions of Trucks and Utility Vehicles

added: 17-05-2007

Rising gasoline prices have some owners of large and midsize trucks trading to smaller vehicles, according to real-time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates.

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