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Euro Area External Trade Surplus 22.3 bn euro in December 2009

added: 18-02-2010

The first estimate for the euro area (EA16) trade balance with the rest of the world in December 2009 gave a 4.4 bn euro surplus, compared with -1.8 bn in December 2008. The November 2009 balance was +4.0 bn, compared with -6.9 bn in November 2008. In December 2009 compared with November 2009, seasonally adjusted exports rose by 3.1% and imports by 1.7%.

U.S. Small Businesses Intend to Use Lessons Learned from Economic Downturn to Grow Revenues in 2010

added: 18-02-2010

U.S. small business owners intend to grow their companies in 2010 by applying lessons learned from the recession, according to an exclusive study released by CIT Group Inc., a leading provider of financing to small businesses and middle market companies.

Donors’ Mixed Aid Performance for 2010 Sparks Concern

added: 18-02-2010

Aid to developing countries in 2010 will reach record levels in dollar terms after increasing by 35 per cent since 2004. But it will still be less than the world’s major aid donors promised five years ago at the Gleneagles and Millennium + 5 summits. Though a majority of countries will meet their commitments, the underperformance of several large donors means there will be a significant shortfall, according to a new OECD review.

Construction Output up by 0.5% in Both the Euro Area and the EU27

added: 18-02-2010

In the construction sector, seasonally adjusted production increased by 0.5% in both the euro area (EA16) and the EU27 in December 2009, compared with the previous month. In November, production fell by 0.8% and 0.4% respectively.

Consumer Media Consumption Will Splinter in 2015

added: 18-02-2010

In 2015 consumers will be more in control of a fragmented media marketplace than they are today and will compartmentalize their media consumption habits into segments that align with their attention spans, personal tastes, information needs and technological savvy.

Strong GDP Growth in the United States and Japan but Slowdown in the Euro Area

added: 18-02-2010

Seasonally-adjusted gross domestic product (GDP) in the OECD area rose by 0.8% in the fourth quarter of 2009, up from 0.6% in the previous quarter. Real GDP grew strongly in the United States and Japan by 1.4% and 1.1%, respectively. By contrast, GDP growth in the euro area slowed to 0.1% in the fourth quarter compared to 0.4% in the third quarter.

US Travel Spending Declines in 2009, Growth Expected in 2010

added: 18-02-2010

Are you planning on hitting the road this year? While travel spending in the US saw a decline of 9% in 2009*, Mintel expects to see more people taking off in the new decade with a 6% increase in travel spending expected for 2010.

Mobile Banking Subscriber Numbers Doubling Every Year, Says ABI Research

added: 18-02-2010

New forecasts from ABI Research indicate that in 2015 about 244 million people worldwide will carry out financial transactions with their banks using their mobile phones. Of those, some 66 million will be in North America.

The Conference Board Leading Economic Index™ (LEI) for Spain Increased 0.3 Percent in December 2009

added: 18-02-2010

The Conference Board Leading Economic Index™ (LEI) for Spain increased 0.3 percent and The Conference Board Coincident Economic Index™ (CEI) remained unchanged in December.

Current 30-Year Fixed Rate of 4.79% is at Lowest Level This Year

added: 18-02-2010

The thirty-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.79 percent, down two basis points from 4.81 percent at this time last week, and at the lowest level since mid-December of last year. The 30-year fixed mortgage rate hovered below 4.85 for most of the last week, but peaked near 4.90 percent on Thursday and Friday.

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