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Construction Output Down by 1.1% in the Euro Area in November 2009

added: 20-01-2010

In the construction sector, seasonally adjusted production decreased by 1.1% in the euro area (EA16) and by 0.6% in the EU27 in November 2009, compared with the previous month. In October, production fell by 0.4% and 0.3% respectively.

Fitch: UK Retailers Braced for Difficult 2010

added: 20-01-2010

Fitch Ratings says that despite upbeat sentiment following solid Christmas sales, the major UK retailers are braced for what will be a challenging 2010.

Mature-Market Home Buyers Look Beyond Buildings, Desire Services

added: 20-01-2010

A survey of consumers and builders, conducted in 2009 by the National Association of Home Builders and the MetLife Mature Market Institute, has yielded a new round of data specific to the housing preferences of the 55+ consumer. This analysis of data - the third in a series - compared the preferences of the 55-to-64 year old age group to those of the 65+ group.

National 30-Year Fixed Mortgage Rate Remains Below 5.00% for Second Straight Week

added: 20-01-2010

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased five basis points last week to 4.94 percent, down from 4.99 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages fell eight basis points to 4.33 percent from 4.41 percent, and 5-1 adjustable rate mortgages fell thirteen basis points to 3.93 percent from 4.06 percent the week prior.

17% of EU27 Population at Risk of Poverty

added: 19-01-2010

In 2008, 17% of the population in the EU27 were at risk of poverty. This means that their income after social transfers was below the poverty threshold. Since 2005, the at-risk-of-poverty rate in the EU27 has been nearly stable, varying between 16% and 17%.

Global Trade Logistics Improving, But More Needed To Boost Recovery

added: 19-01-2010

The capacity of countries to efficiently move goods and connect manufacturers and consumers with international markets is improving around the world, but much more progress is needed to spur faster economic growth and help firms benefit from trade recovery, according to a new World Bank Group survey on trade logistics.

Emerging Markets Embrace New Tech

added: 19-01-2010

While many Internet users in the US and other mature markets enjoy the latest gadgets and online media activities, they may not be on the cutting edge—users in emerging countries are quickly taking to advanced Web and consumer electronics activities.

Advisors Set to Grow Business, Increase Client Contact and Improve Technology in 2010

added: 19-01-2010

A majority of advisors and investors are optimistic for 2010 and more than half have reentered the markets, according to an SEI Quick Poll. Risk and its avoidance is now the predominant theme as investors intend to use tried-and-true investment approaches, such as diversification and dollar-cost averaging to meet financial goals. Furthermore, in response to increased regulation and business risk, a majority of advisors plan to make changes to their processes and procedures for 2010.

Southeast Asia Recovering from Crisis, But Fiscal, Structural Changes Needed

added: 19-01-2010

Southeast Asian economies are recovering faster than expected from the global economic crisis, but in the longer term will need to make financial, fiscal and structural adjustments to buffer themselves against future shocks, says a new study commissioned by the Asian Development Bank (ADB).

PRC Recovery to Quicken, Policy Changes Needed to Avoid Overheating

added: 19-01-2010

Growth in the People’s Republic of China (PRC) is set to surge this year as the global financial crisis fades, and policymakers will need to consider tightening measures to prevent potential overheating of the economy, said a new study commissioned by the Asian Development Bank (ADB).

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