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OECD Trade Deficit Increases in Second Quarter of 2010

added: 28-10-2010

The OECD trade deficit in goods and services with the rest of the world continued deteriorating during the second quarter of 2010, according to new balance of payments data. The deficit was 62.2 $US billion in the second quarter of 2010, after a 37.4 $US billion deficit reported in the first quarter.

Americans Still Pessimistic About Job Market

added: 28-10-2010

With all the financial reports released each month, one thing that seems to garner the attention of even people who may not usually be aware of economic news is the unemployment report. Talk of a jobless recovery dominates the airwaves and Americans definitely do not see any good news about jobs. Just over one in ten U.S. adults (13%) say the job market in their area of the country is good and two-thirds (66%) say it is bad.

Monetary Developments in the Euro Area: September 2010

added: 28-10-2010

The annual growth rate of M3 stood at 1.0% in September 2010, compared with 1.1% in August 2010. The three-month average of the annual rates of change of M3 over the period July 2010 - September 2010 rose to 0.8%, from 0.5% in the period June 2010 - August 2010.

TrueCar Forecasts New and Used Auto Sales and Incentives Spending for October 2010

added: 28-10-2010

New light vehicle sales (including fleet) in the U.S. for October 2010 is expected to be 927,676 units, up nearly 11 percent from October 2009 and a decrease of 3 percent from September 2010 (on an unadjusted basis).

The Conference Board Consumer Confidence Index® Improves Slightly in September 2010

added: 27-10-2010

The Conference Board Consumer Confidence Index®, which had declined in September, increased slightly in October. The Index now stands at 50.2 (1985=100), up from 48.6 in September. The Present Situation Index increased to 23.9 from 23.3. The Expectations Index improved to 67.8 from 65.5.

Home Prices Increases Slow Down in August According to the S&P/Case-Shiller Home Price Indices

added: 27-10-2010

Data through August 2010, released by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites in August compared to what was reported for July 2010. The 10-City Composite was up 2.6% and the 20-City Composite was up 1.7% from their levels in August 2009. Home prices decreased in 15 of the 20 MSAs and both Composites in August from their July levels.

Economic Gloom Still Pervasive

added: 27-10-2010

The latest Harris Poll on the economy finds that public gloom is still pervasive and that President Obama's rating on the economy has fallen to its lowest level yet. The new data contains nothing but bad news for the Democrats as we approach the November 2nd elections.

Retailers Poised to Become the New ‘Googles’ of the Consumer Goods Industry

added: 27-10-2010

At the World Retail Congress in Berlin, Havas Media and MPG's unique analysis, Brand Sustainable Futures, revealed a positive yet diverse set of results and opportunities for retailers. In the largest analysis of its kind – incorporating the views of 30,000 consumers across 9 markets and 150 brands – Brand Sustainable Futures shows that retail is perceived to be a leading sector in sustainability, with over 85% of all retail brands within the analysis recording above average results.

Consumer Confidence in Economy Improves in October, According to Latest CEA-CNET Index

added: 27-10-2010

Consumer confidence in the overall economy improved in October, according to the latest figures released by the Consumer Electronics Association (CEA)® and CNET. The CEA-CNET Index also shows confidence in consumer spending on technology is down slightly from last month.

IT Spending to Return to Pre-Recession Levels According to Corporate Executive Board

added: 27-10-2010

The Corporate Executive Board, a leading research and advisory services company, released new data that indicates a 3.3 percent increase in IT operational budgets for 2011, following two years of zero growth. This finding is based on the benchmarking of projected IT spending, staffing and project data of CIOs and IT managers at 133 Fortune 1,000 Companies and collectively represents an IT spend of approximately $70 billion. Based on the projections, leading corporations are cautiously preparing for a return to growth.

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