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Euro Area GDP up by 0.4% and EU27 GDP up by 0.3% in the Third Quarter of 2009

added: 09-01-2010

Euro area (EA16) GDP increased by 0.4% and EU27 GDP by 0.3% during the third quarter of 2009, compared with the previous quarter, according to second estimates from Eurostat, the statistical office of the European Union. In the second quarter of 2009, growth rates were -0.1% in the euro area and -0.3% in the EU27.

December 2009: Economic Sentiment Indicator Continues to Improve in December 2009

added: 08-01-2010

The Economic Sentiment Indicator (ESI) rose once again in December to 92.0 (+4.1 points) in the EU and to 91.3 (+2.5) in the euro area. It has improved in both areas for nine consecutive months since its trough in March 2009, though it still remains below its long-term average.

Consumer Electronics to Grow in 2010, According to CEA Forecast

added: 08-01-2010

The consumer electronics (CE) industry will generate more than $165 billion in U.S. shipment revenues this year, a slight increase from 2009, according to the semi-annual industry forecast released today by the Consumer Electronics Association (CEA)®. CEA President and CEO Gary Shapiro announced the forecast in his opening remarks at the 2010 International CES®, the world’s largest consumer technology trade show.

Global Automakers Will Increase Spending On New Technologies, Hybrid and Alternative Fuel Vehicles, Says KPMG Survey

added: 08-01-2010

In response to consumer demand, senior automotive executives are expected to increase their investment in new technologies to produce more environmentally-friendly, fuel-efficient vehicles, according to the 11th annual global automotive survey conducted by KPMG LLP, the U.S. audit, tax and advisory firm.

Consumer Prices in OECD Area Rise by 1.3% in Year to November 2009

added: 08-01-2010

Consumer prices in the OECD area rose by 1.3% in the year to November 2009, compared with a rise of 0.2% in October 2009. Month-on-month, prices increased by 0.1% in November, unchanged from October 2009.

Monster Employment Index Dips in December 2009

added: 08-01-2010

The Monster Employment Index edged down four points in December, amid a relatively mild seasonal fall in online recruitment activity. On a year-over-year basis, the Index is now down 12 percent, the mildest rate of annual decline seen during the past 18 months indicating slight stability in underlying employer demand for workers at the end of the year.

Volume of Retail Trade Down by 1.2% in Euro Area in November 2009

added: 08-01-2010

In November 2009, compared with October 2009, the volume of retail trade fell by 1.2% in the euro area (EA16) and by 0.8% in the EU27. In October retail trade rose by 0.2% and 0.5% respectively.

Enthusiasm for Wi-Fi(R) in Consumer Electronics Continues to Grow

added: 08-01-2010

A new consumer poll, conducted by the Wi-Fi Alliance on the eve of the Consumer Electronics Show, demonstrates that Wi-Fi has become a sought after feature in consumer electronics. The poll results show strong interest in a wide variety of Wi-Fi-enabled entertainment applications, as well as a desire for a convenient, easy method to make those connections. With Wi-Fi CERTIFIED(TM) Wi-Fi Direct technology becoming available later this year, Wi-Fi is poised to become an even more important purchase requirement for consumer electronics devices in 2010.

Bankrate: Mortgage Rates Move Lower

added: 08-01-2010

The average conforming 30-year fixed mortgage decreased this week to 5.26 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.43 discount and origination points.

comScore Reports $29.1 Billion in U.S. Retail E-Commerce Spending for Full November-December Holiday Season, Up 4 Percent vs. Year Ago

added: 07-01-2010

comScore, a leader in measuring the digital world, reported holiday season retail e-commerce spending for the entirety of the November – December 2009 holiday season. For the full holiday online shopping season, $29.1 billion was spent online, marking a 4-percent increase versus the same period last year. The season featured distinct periods of strong spending growth surrounding the Thanksgiving-Black Friday timeframe and the final shopping week leading up to Christmas.

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