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From January to August, the industrial profits of enterprises above designated size achieved 3,228.1 billion yuan, a year-on-year increase of 28.2 percent.

Freddie Mac released its U.S. Economic and Housing Market Outlook for September showing the effect of monetary policy to date and why coupling monetary with fiscal stimulus could accelerate growth in 2012 if the fiscal initiative operates in tandem.

The Conference Board Leading Economic Index®(LEI) for the Euro Area declined by 1.4 percent in August to 107.1 (2004 = 100), following a 0.1 percent increase in July and a 0.2 percent decrease in June.

As Americans continue to struggle financially and as the financial markets continue to have large swings, it is not surprising that U.S. adults are expressing very negative feelings on the economy and the job market. Looking at the President's ratings, just one in five Americans (21%) give him positive ratings on his handling of the economy while 79% give him negative ratings. In July, 26% of U.S. adults gave the President positive ratings while 74% gave him negative marks. When it comes to his handling of the economy, even large majorities of Democrats (58%) and Liberals (64%) give President Obama negative ratings.

In the midst of a difficult economic climate, retailers expect solid year-end results. According to a recent survey by BDO USA, LLP, retail CFOs anticipate a 3 percent increase in total 2011 sales. While this marks the study’s most optimistic sales forecast since 2007, it is down from the 4.7 percent sales increase reported by the Commerce Department in 2010.

An overwhelming majority – 70 percent – of consumers either don’t shop online or do so with concerns about their safety while navigating the Internet according to the most recent survey of computer users from IT security expert Avira. During a July 2011 survey of Avira users, just 30 percent of respondents felt secure enough to be worry free as they shop online.

Three-fourths (75 percent) of small businesses say they are adding positions despite the economy, up slightly from last year (72 percent), according to the Ink from Chase survey of CEOs of fastest growing U.S. small businesses. Demonstrating continued optimism toward reviving the U.S. economy, 67 percent of small businesses plan to expand into new U.S. markets as a key growth strategy. The data was released by Ink from Chase, the business card portfolio from Chase Card Services, a division of JPMorgan Chase & Co.

Development aid has increased from USD 37 billion in 1960 to 128 billion last year. However, poor co-ordination and unpredictable aid waste funds that should be eradicating poverty in the world’s poorest countries.

The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent, The Conference Board Coincident Economic Index® (CEI) increased 0.1 percent and The Conference Board Lagging Economic Index® (LAG) increased 0.3 percent in August.

Employers took 1,587 mass layoff actions in August involving 165,547 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported. Each mass layoff involved at least 50 workers from a single employer. The number of mass layoff events in August increased by 8 from July, and the number of associated initial claims increased by 20,547. In August, 391 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 48,997 initial claims.