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US Consumer Price Index in March 2009

added: 16-04-2009

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in March, before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The index has decreased 0.4 percent over the last year, the first 12 month decline since August 1955.

Asia Pacific Rail Networks Market Chugs Along Due to Rising Focus on Network Extension, Says Frost & Sullivan

added: 16-04-2009

The rail market in Asia Pacific has emerged as a high growth potential area with many countries in the region, especially China and India, focusing on developing their rail infrastructure and routes.

Foreclosure Activity Increases 9 Percent in First Quarter 2009

added: 16-04-2009

RealtyTrac(R) released its U.S. Foreclosure Market Report(TM) for Q1 2009, which shows that foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 803,489 properties in the first quarter, a 9 percent increase from the previous quarter and an increase of nearly 24 percent from Q1 2008. One in every 159 U.S. housing units received a foreclosure filing during the quarter.

Majorities of Americans Lay at Least Some Blame for Economic Crisis on Media and Advertising Agencies

added: 16-04-2009

Many groups have been at the center of the "blame game" over who has responsibility for the current economic crisis. Could the media, advertising agencies and/or friends and family deserve at least some of the responsibility for causing people to purchase things they couldn’t afford? According to the American public, the answer is yes.

Six-Country Financial Times/Harris Poll Shows How Badly Economic Crisis Has Hurt Reputation of Business Leaders

added: 16-04-2009

A new poll in the United States and the five largest European countries shows how very badly the economic and financial crisis has damaged the reputation of business leaders. Large majorities of the public in all six countries say their opinions of business leaders have become worse, that the recent behavior of "business leaders in general" has been unethical, and that they are generally paid too much.

Companies Fear Protectionism Could Lead to Global Depression

added: 16-04-2009

More than 80 percent of supply chain managers recently polled at manufacturing companies involved in international trade expressed concern that growing protectionism could sink the world into a global depression. Respondents also feared the current economic downturn could result in a prolonged reversal of world trade. On a somewhat brighter note, three-quarters of them believed the recession would not last more than another 12 months.

Retirement Confidence Survey: Worker Expectations for Comfortable Retirement Plummet

added: 16-04-2009

The recession has cast a pall over the retirement expectations of the vast majority of Americans, leaving a record-low 13 percent this year able to say they are very confident of having enough money to live comfortably in retirement, according to the 19th Annual Retirement Confidence Survey released by the nonpartisan Employee Benefit Research Institute (EBRI). Among workers, those feeling very confident about retirement has tumbled by one-half in the last two years.

Euro Area Investment Fund Statistics in the 4th Quarter 2008

added: 15-04-2009

The total assets of euro area investment funds decreased to EUR 4,243 billion at end-December 2008, from EUR 4,713 billion in September 2008. This development was mainly due to a fall in the amount outstanding of shares and other equity, from EUR 1,411 billion to EUR 1,134 billion.

America's "Financial IQ" Survey Shows Both Understanding and Gaps

added: 15-04-2009

With ongoing news about the struggling state of the economy and the impact on families across the country, it may be more important than ever for consumers to understand the basics of banking and personal finance. A recent survey of America's "Financial IQ" by financial services provider Capital One Financial Corporation indicates that while most Americans say they understand financial fundamentals and are tracking and monitoring budgets, many may not be doing enough to save or protect their financial future.

Americans Still Committed to Retirement Savings

added: 15-04-2009

The economic downturn has taken its toll on the American workforce and its psyche. Amid this stormy outlook, the 10th Annual Transamerica Retirement Survey, conducted by the Transamerica Center for Retirement Studies®, found surprisingly positive signs in workers’ commitment to retirement savings. The survey results also highlight the importance workers place on employer-sponsored retirement plans.

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