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added: 21-07-2009

So far this year, more than 100 mortgage-related operations have shut down, according to data tracked by the MortgageGraveyard.com - a journal of failed, ailing and acquired lenders operated by MortgageDaily.com. The majority of the failures were U.S. banks.

The Conference Board Leading Economic Index™ for the U.S. Improves Again in June 2009

added: 21-07-2009

The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 0.7 percent, The Conference Board Coincident Economic Index™ (CEI) decreased 0.2 percent and The Conference Board Lagging Economic Index™ (LAG) decreased 0.7 percent in June.

Consumers Still Buying Consumer Electronics in a Down Economy, CEA Forecast Finds

added: 21-07-2009

Consumers continue to buy technology products to improve their lives, although the consumer electronics (CE) industry will see overall shipment revenues decline in 2009, according to new data released by the Consumer Electronics Association (CEA)®. The semi-annual U.S. Consumer Electronics Sales and Forecast shows that industry revenues will contract to $165 billion in 2009 but grow slightly in 2010.

Majority of Businesses to Increase or Maintain Marketing Budgets in Second Half of 2009

added: 21-07-2009

Marketers are surprisingly optimistic about the economy for the second half of the year, according to the June "2009 Marketing Trends Survey" released by StrongMail Systems, Inc., the leading provider of commercial-grade solutions for marketing and transactional email. Even in the midst of the current recession, 42 percent of nearly 1,000 global business leaders polled plan to increase marketing budgets in 2009, and an additional 43 percent plan to maintain current levels.

China: Produce Price of National Agricultural Products Descended in the First Half Year 2009

added: 21-07-2009

According to the result of nationwide survey on 31,000 agricultural production and management units, it showed that in the first half year, the produce price for national agricultural products (refers to the direct price which sold by the agricultural producers) dropped 6.2 percent year-on-year. Of which, the produce price of planting, forestry, animal husbandry and fishing products declined 1.9, 12.5, 12.7 and 2.3 percent respectively.

Almost Two Thirds of Companies Have Off-Shored Their IT Function in the Last Six Months

added: 21-07-2009

Almost two thirds (64 percent) of companies have off-shored a portion of their IT function in the last six months, according to the latest piece of research from The IT Job Board.

Mobile Banking: Anytime, Anyplace

added: 20-07-2009

Faster data access through 3G networks, as well as wider adoption of smartphones - and the apps that go with them - has helped boost usage of mobile banking, according to the "Mobile Financial Services: The Market Today & Opportunities for Tomorrow" report from comScore.

China: Producer Price Index for Manufactured Goods Went down in June 2009

added: 20-07-2009

In June, producer price index (PPI) for manufactured goods was down by 7.8 percent year-on-year; purchasing prices for raw material, fuels and power fell 11.2 percent.

Deloitte Survey: Back to Basics for Back-to-School

added: 20-07-2009

Fewer consumers expect to reduce their spending on back-to-school items compared to last year, although economic concerns will continue to weigh on their shopping plans, according to a survey by Deloitte.

US Regional and State Employment and Unemployment in June 2009

added: 20-07-2009

Regional and state unemployment rates were generally higher in June. Thirty-eight states and the District of Columbia recorded over-the-month unemployment rate increases, 5 states registered rate decreases, and 7 states had no rate change, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

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