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Small Business Owners Are Resilient Survivors Who Expect a Promising Year Ahead According to 2010 U.S. Bank Annual Survey

added: 30-07-2010

Small business owners are signaling confidence in their own businesses despite their belief that the economic recession will continue into 2011, according to results of the 2010 U.S. Bank Small Business Annual Survey. The survey also revealed common characteristics of small business owners today. They are resilient survivors who are always on the go. They make time for friends and family, and giving back to the community is a priority.

Household Saving Rate Down to 14.6% in the Euro Area and 13.0% in the EU27

added: 30-07-2010

In the first quarter of 2010, in both the euro area (EA16) and the EU27, the seasonally adjusted household saving rate and the household investment rate decreased. In the euro area, household disposable income fell by 0.6% in real terms.

July 2010: Economic Sentiment Indicator Edges Up

added: 30-07-2010

In July, the Economic Sentiment Indicator (ESI) edged up to 102.2 (by 1.9 points) in the EU and to 101.3 (by 2.3 points) in the euro area. These results are strongly influenced by markedly positive readings in Germany.

Business Investment Rate Down to 20.2% in the Euro Area and 19.7% in the EU27

added: 30-07-2010

In the first quarter of 2010, in both the euro area (EA16) and the EU27, the seasonally adjusted business investment rate fell compared with the previous quarter, while the profit share grew. In the euro area, stocks decreased for the fifth quarter in a row.

U.S. Industrial Sector Improving, but Recovery Remains Bumpy

added: 30-07-2010

The U.S. economy absorbed industrial space for the first time in 18 months, according to a new report released by Cassidy Turley.

China: Industrial Profits Went up from January to June 2010

added: 30-07-2010

Industrial profits in 24 regions realized 1,611.1 billion yuan from January to June, increased 71.8 percent year-on-year, narrowed 11.2 percentage points over the first five months.

Stronger IT Budget Expectations Fuel Emerging Pockets of Optimism in IT Job Market

added: 30-07-2010

Almost half (48 percent) of IT decision makers in the public and private sector anticipate increased IT budgets in the next six months, up 10 percentage points from this time last year.

Bankrate: Mortgage Rates Reset Record Lows

added: 30-07-2010

Mortgage rates were lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.71 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Investment Grows in Venture Hubs Around the World

added: 29-07-2010

Venture capitalists from around the world invested $10.3 billion in 1,160 deals for companies based in the U.S., Europe, Canada, Israel, Mainland China and India, according to industry tracker Dow Jones VentureSource. This represents a 29% increase in capital invested and a 14% rise in deals over the $8 billion invested in 1,022 deals during same period last year.

The Conference Board Consumer Confidence Index® Declines Again in June 2010

added: 29-07-2010

The Conference Board Consumer Confidence Index® which had declined sharply in June, retreated further in July. The Index now stands at 50.4 (1985=100), down from 54.3 in June. The Present Situation Index decreased to 26.1 from 26.8. The Expectations Index declined to 66.6 from 72.7 last month.

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