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Bloomberg PMI Signals Further Decline in Euro Retail Sales

added: 28-08-2008

The latest Bloomberg Euro-Zone Retail Purchasing Managers' Index ("PMI(R)"), based on a mid-month survey of economic conditions in the euro area retail sector, indicates a continuing contraction in euro-zone retail sales for the third consecutive month. While the PMI rose to a three-month high during August, at 47.7 it remains below the crucial 50.0 no-change mark.

Bankrate: Mortgage Rates Dip Again

added: 28-08-2008

Mortgage rates were lower for the second week in a row, with the average conforming 30-year fixed mortgage rate falling to 6.60 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.39 discount and origination points.

National Home-Value Drop Moderates in Second Quarter 2008

added: 28-08-2008

Freddie Mac announced that its Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series registered a modest 0.4 percent annualized decline in U.S. home values during the second quarter of 2008, following a downward revised 10.8 percent annualized drop in the first quarter.

Employee Rewards Programs: Telework on the Rise in the U.S. and Canada

added: 28-08-2008

Employers in both the United States and Canada deploy a similar mix of employee rewards programs to attract and retain talent in an ever-changing marketplace with diverse employee needs.

Muslims Countries Positive About Globalization

added: 28-08-2008

Contrary to the common assumption that Muslims view globalization as a threat to their society, a new poll of predominantly Muslim countries finds that globalization is generally viewed positively. The poll was conducted by WorldPublicOpinion.org in six nations: Egypt, Turkey, Azerbaijan, Iran, Indonesia, and the Palestinian Territories, plus the Muslim population of Nigeria.

Monetary Developments in the Euro Area in July 2008

added: 28-08-2008

The annual rate of growth of M3 decreased to 9.3% in July 2008, from 9.5% in June 2008. The three-month average of the annual growth rates of M3 over the period May 2008 - July 2008 declined to 9.6%, from 10.0% in the period April 2008 - June 2008.

US Metropolitan Area Employment and Unemployment Summary - July 2008

added: 28-08-2008

Unemployment rates were higher in July than a year earlier in 338 of the 369 metropolitan areas, lower in 25 areas, and unchanged in 6 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Eleven areas recorded jobless rates of at least 10.0 percent, while nine areas registered rates below 3.0 percent. The national unemployment rate in July was 6.0 percent, not seasonally adjusted, up from 4.9 percent a year earlier.

Norway’s Job Market Works for Most Youth but Too Many Rely on Sickness Benefits

added: 28-08-2008

On many counts, the youth labour market in Norway is performing very well. The unemployment rate among young people aged 16-24 was 7.3% in 2007, 6 percentage points below the OECD average and the employment rate was almost 12 percentage points above the OECD average.

American Homeowners Agree it's Important to Reduce their Impact on the Environment

added: 28-08-2008

Overwhelmingly American homeowners (91%) agree it's important to reduce their impact on the environment, yet only 11% acknowledge doing 'a lot' to help reduce greenhouse gases by improving energy efficiency at home, according to a new survey by Ipsos Reid for Icynene(R).

The Leading Index for Australia Declined 0.5 Percent in June 2008

added: 28-08-2008

The Conference Board announced that the leading index for Australia declined 0.5 percent and the coincident index remained unchanged in June.

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