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No Economic Recovery Without Housing Stabilization

added: 03-11-2008

The National Association of Realtors(R) has stepped up its challenge to lawmakers, encouraging them to take new, decisive actions to address the continuing problems in the housing industry, as well as the ongoing economic crisis.

U.S. Retail E-Commerce Sales Growth Slows to 6 Percent in Q3 2008 Versus Year Ago

added: 03-11-2008

comScore, Inc.released its Q3 2008 retail e-commerce report, which showed that online spending grew 6 percent in Q3 2008 versus the same period last year, a slowdown compared to the year-over-year growth rates of 12 percent in Q1 and 13 percent in Q2 2008. Total U.S. online retail sales (excluding travel) were approximately $30 billion in Q3.

Latin America Needs Better Taxes and Better Spending

added: 02-11-2008

Fiscal policy, says the latest Latin American Economic Outlook (LEO 2009) from the OECD’s Development Centre, can be a powerful tool for economic, political and social development in Latin America if taxes are raised efficiently and fairly and spending is directed to promoting growth and reducing poverty and inequality.

Economic Sentiment Falls Significantly in Both the EU and the Euro Area in October 2008

added: 02-11-2008

In October, the Economic Sentiment Indicator (ESI) declined sharply in both the EU and the euro area. It fell by 7.4 points in the EU and by 7.1 points in the euro area, to 77.5 and 80.4 respectively. In both regions, the ESI recorded its largest month-on-month decline ever to hit its lowest level since 1993.

SMS Advertising for Non-Mobile Products Grows as Mobile is Integrated Into Marketing Budgets for Consumer Goods and Services

added: 02-11-2008

comScore, Inc. reports that the mobile marketing landscape in Europe is evolving as fewer consumers say they are receiving advertisements for mobile products and services while more receive adverts for consumer goods such as food, fashion, restaurants, travel and financial services.

G7 Merchandise Trade Volume Growth Slows in Second Quarter 2008

added: 01-11-2008

Merchandise import volumes of the Group of Seven countries fell by 1.4% in the second quarter of 2008 compared with the previous quarter, while the volume of exports declined by 0.3%. On a year-onyear basis, import volume growth, at only 0.3% for the second quarter 2008, continued the general decline evident since the second quarter of 2006.. Exports grew by 4.9%.

Bank of England: Financial Stability Report - Issue 24 Rebuilding Confidence in the Financial System

added: 01-11-2008

The Bank of England is publishing its bi-annual Financial Stability Report. The Report analyses the developments that have culminated in the turmoil of recent weeks and the actions taken by the UK authorities and other countries. It sets out the Bank's views on the near-term prospects for the financial system and the reforms necessary to address systemic risks.

Consumer Reports Survey Finds One-Third of Americans Say They Are Worse Off Financially Than a Year Ago

added: 01-11-2008

Consumer Reports' latest national survey finds Americans' financial concerns continue to grow. Almost one-third (32%) of respondents, nearly double the amount of the previous year, said they are worse off today than a year ago.

US Employment Cost Index in September 2008

added: 31-10-2008

Total compensation costs for civilian workers increased 0.7 percent from June to September 2008, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported, the same as the increase for the last two quarters.

Euro Area Unemployment Stable at 7.5% in September 2008

added: 31-10-2008

The euro area (EA15) seasonally-adjusted unemployment rate stood at 7.5% in September 2008, stable compared with August. It was 7.3% in September 2007. The EU27 unemployment rate was 7.0% in September 2008, compared with 6.9% in August. It was 7.0% in September 2007.

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