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Mobile Industry Q3 Slow-Down Worsens as Europe Shrinks
added: 16-12-2009

Mobile service revenues fell for the first time in Eastern Europe in Q3 2009, as the global recession continues to cast a shadow over operator results. The new Strategy Analytics report, "Wireless Operator Performance Benchmarking, Q3 2009," found that only the Asia-Pacific region managed to post a small recovery and increase revenue growth rates.
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Thirty-Year Fixed Mortgage Rate Inches Up for Second Straight Week
added: 16-12-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased five points last week to 4.72 percent, up from 4.67 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 rose one basis point to 4.21 percent from 4.20 percent, and 5-1 adjustable rate mortgages increased seven basis points to 3.81 percent, from 3.74 percent the week prior.
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BofA Merrill Lynch Global Research Forecasts a Slow but Steady Global Economic Recovery in 2010
added: 15-12-2009

BofA Merrill Lynch Global Research released its Global Macro Year Ahead economic and market forecasts, projecting higher-than-consensus GDP growth, low inflation, a bullish outlook for equities, a strengthening U.S. dollar against select currencies and a less attractive outlook for government and corporate bonds.
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Twenty-One Percent of Consumers Expect to Carry Holiday Credit Card Debt After January 2010
added: 15-12-2009

LowerMyBills.com, a part of Experian, released the results of a survey of 2,852 online auto insurance shoppers who had just completed a rate-quote request form on LowerMyBills.com. This survey was conducted between Nov. 11 and Dec. 8, 2009. Survey data shows that the recession has had a significant impact on consumer behavior and attitudes surrounding holiday credit card debt.
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U.S. Consumer Confidence Twice as Strong as a Year ago, according to RBC Index
added: 15-12-2009

After sliding for much of the fall, consumer confidence climbed in the past month and is now more than twice as strong as it was a year ago, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index. Driven by a strong upswing in expectations for the near-term economic future, the RBC Index for December 2009 stands at 39.0, up 8 points from November's 30.2 reading. A year ago, in December 2008, the RBC Index stood at 15.3.
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Euro Area Investment Fund Statistics in the Third Quarter of 2009
added: 15-12-2009

In the third quarter of 2009, the euro area investment fund sector increased by 10.6% as compared to the second quarter, from EUR 4.3 to 4.7 trillion. This development mainly resulted from sizeable increases in the prices of assets held by the investment funds and to a somewhat lesser extent from their large net sales of shares or units (net inflows due to transactions).
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OECD Unemployment Rate up at 8.8% in October 2009
added: 15-12-2009

The unemployment rate for the OECD area was 8.8% in October 2009, 0.1 percentage point higher than the previous month and 2.3 percentage points higher than a year earlier.
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'Increase Savings' Ranks as Top Financial Priority for Americans in 2010, According to Edward Jones Survey
added: 15-12-2009

As the New Year quickly approaches and the economy starts to show signs of stabilizing, Americans young and old are asking themselves what their top financial goals will be for 2010.
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Euro Area and EU27 Employment Down by 0.5% in the Third Quarter of 2009
added: 15-12-2009

The number of persons employed in the euro area (EA16) fell by 0.5% (712 000 persons) in the third quarter of 2009 compared with the previous quarter, according to national accounts estimates published by Eurostat, the Statistical Office of the European Communities. In the same period, the number of persons employed in the EU27 also decreased by 0.5% (1 019 000 persons). In the second quarter of 2009, employment declined by 0.5% in the euro area and by 0.6% in the EU27. These figures are seasonally adjusted.
wiêcej

Consumer Reports Index: Retail Improves in November With a Strong Outlook for December
added: 15-12-2009

Despite lackluster retail numbers since August '09, consumers have increased their retail spending markedly in November and the outlook for planned purchasing in December is strong, according to the Consumer Reports Index, Dec '09 report.
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