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The Conference Board Consumer Confidence Index™ Retreats Again in June 2009
added: 31-07-2009

The Conference Board Consumer Confidence Index™, which had retreated in June, declined further in July. The Index now stands at 46.6 (1985=100), down from 49.3 in June. The Present Situation Index decreased to 23.4 from 25.0 last month. The Expectations Index declined to 62.0 from 65.5 in June.
wiêcej

Euro Area Economic and Financial Developments by Institutional Sector: First Quarter 2009
added: 31-07-2009

In the first quarter of 2009, the annual growth rate1 of net disposable income in the euro area equalled -5.2%, compared with -0.8% in the fourth quarter of 2008. The annual growth rate of consumption was 0.5% in the first quarter, following growth of 2.1% in the previous quarter. The annual growth rate of gross fixed capital formation decreased to -10.6% in the first quarter of 2009, from -3.3% in the previous quarter. In the first quarter of 2009 the annual growth rate of net saving declined to -68.2%, from -28.2% in the previous quarter.
wiêcej

Technology Industry Shows Signs of Recovery
added: 31-07-2009

A sudden upturn in global sales of information and communications technology (ICT) goods in May and June suggests the ICT industry may have reached a turning point and be on the road to recovery, according to a new OECD report.
wiêcej

Global Handset Shipments Fall 8 Percent in Q2 2009
added: 31-07-2009

According to the latest research from Strategy Analytics, global mobile handset shipments fell 8 percent year-over-year, to reach 273 million units in Q2 2009. The rate of decline was slower than the previous quarter, as the market showed tentative signs of stabilization.
wiêcej

Household Saving Rate at 15.6% in the Euro Area and 13.8% in the EU27
added: 30-07-2009

In the first quarter of 2009, in both the euro area (EA16) and the EU27, the seasonally adjusted household saving rate continued to increase and the household investment rate to decrease. In both zones, the fall in business investment rates and profit shares carried on.
wiêcej

The Euro Area Bank Lending Survey: July 2009
added: 30-07-2009

The results of the July 2009 bank lending survey show that in the second quarter of 2009 the net percentage of banks reporting a tightening of credit standards applied to loans and credit lines to enterprises broadly halved, to 21%, compared with 43% in the first quarter of 2009 and down from the high level seen in the third and fourth quarters of 2008.
wiêcej

U.S. Metropolitan Area Employment and Unemployment in June 2009
added: 30-07-2009

Unemployment rates were higher in June than a year earlier in all 372 metropolitan areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Eighteen areas recorded jobless rates of at least 15.0 percent, while 9 areas registered rates below 5.0 percent. The national unemployment rate in June was 9.7 percent, not seasonally adjusted, up from 5.7 percent a year earlier. Among the 369 metropolitan areas for which nonfarm payroll data were available, 352 areas reported over-the-year declines in employment, 16 reported increases, and 1 had no change.
wiêcej

Bankrate: Mortgage Rates in a Holding Pattern
added: 30-07-2009

The average 30-year fixed mortgage rate nosed higher to 5.56 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.
wiêcej

Many Business Owners Have No Plan for Retirement
added: 30-07-2009

New research shows American business owners focus on the present with no long-term plan to exit or transition their business. The Principal Financial Group® surveyed business owners about their priorities during the current economic recession.
wiêcej

China and U.S. Battle for African Oil "Intense"
added: 30-07-2009

The battle between China and the United States over Africa's oil and gas resources is becoming more and more intense," says Patrick Morris, President and CEO of Gold Star Resources Corp., a Canadian-based energy resource company targeting 'onshore' energy resource opportunities in Liberia, Cote d'Ivoire and Ghana.
wiêcej

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