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Japanese Economy Grew at 4% in the March Quarter

added: 12-06-2008

Japanese economy grew at 4% in the March quarter. That's faster than previously reported, but analysts in Tokyo continue to point out that unreliable Japanese economic statistics make it hard to know what the real situation is. But they do know that oil and fuel costs are rising, as are food costs and inflation generally, while the slowdown in the US and European economies has cut growth in exports in the past six months.

US: Employer Costs For Employee Compensation in March 2008

added: 12-06-2008

Employer costs for employee compensation averaged $28.46 per hour worked in March 2008, the U.S. Department of Labor's Bureau of Labor Statistics reported. Wages and salaries, which averaged $19.83, accounted for 69.7 percent of these costs, while benefits, which averaged $8.63, accounted for the remaining 30.3 percent.

The Leading Index for Spain Declined 0.1 Percent

added: 12-06-2008

The Conference Board announced that the leading index for Spain declined 0.1 percent and the coincident index increased 0.3 percent in April.

Deloitte Consumer Spending Index Shows an Upturn

added: 12-06-2008

The Deloitte Research Leading Index of Consumer Spending increased in June putting a break on the free fall the Index has experienced since October 2007. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

US: Job Openings And Labor Turnover in April 2008

added: 11-06-2008

On the last business day of April, there were 3.7 million job openings in the United States, and the job openings rate was 2.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The job openings, hires, and total separations rates were essentially unchanged in April. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and geographic region.

Global Partners: EU-US Trade and Investment

added: 11-06-2008

Largest trade partners: The EU and US form the largest bilateral trade partnership in the world if you look at goods and services combined. Goods trade alone in 2007 amounted to over €440 billion.

Fitch U.S. Housing - Disappointing Spring; Negative Momentum Rules in 2008 and into 2009

added: 11-06-2008

The housing downturn continues to have 'legs', and most of the statistical data reported so far in 2008 are discouraging, according to Fitch Ratings. The spring selling season was a 'bust'. Although it does not appear likely that the year-over-year declines in major metrics such as starts, new home sales, and existing home sales will continue at the current pronounced pace throughout this year, the decreases are likely to be greater than Fitch's prior projections.

Markets Mixed As Oil, Gold Down, US Dollar Up

added: 11-06-2008

The US dollar rose, oil fell $US3 a barrel to around $US131.30, gold plunged sharply, losing $US23 an ounce to end in new York at $US871 an ounce and other commodities were mixed to lower, with the exception of wheat and corn, which were firmer.

Auto Industry Revs Up Online Spending

added: 11-06-2008

After consistently leading the US in advertising spending, the automotive sector has dropped into the number two spot behind retail. Ad spending in the sector is going in reverse—except on the Internet.

Gas Prices Force Americans to Push for Ethanol Fuel

added: 11-06-2008

A recent national survey commissioned by Ethanol Promotion and Information Council (EPIC) shows the skyrocketing cost of gasoline is forcing American motorists to rethink their driving habits and choices at the pump. The cost of summer driving, with oil prices nearing $140 a barrel, has become an increasing financial burden for many American consumers.

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