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The Leading Index for Japan Decreased 0.2 Percent

added: 09-04-2008

The Conference Board reports that the leading index for Japan decreased 0.2 percent and the coincident index decreased 0.1 percent in February.

US: Existing-Home Sales to Stabilize Before Upturn in Second Half of 2008

added: 09-04-2008

Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the National Association of Realtors(R).

China Growth Rate to Moderate, Inflation to Rise

added: 09-04-2008

Economic expansion in the People’s Republic of China (PRC) will moderate to about 10% in 2008 and 2009 on the back of an anticipated tighter domestic monetary policy and weaker external demand, says a key Asian Development Bank (ADB) report.

US: Online Sales to Climb Despite Struggling Economy

added: 09-04-2008

In a year where retail industry sales are expected to experience sluggish growth, Americans will continue to flock to the Internet for clothing, computers, and even cars. According to The State of Retailing Online 2008, the 11th annual Shop.org study conducted by Forrester Research, Inc. of 125 retailers, online retail will continue to be a bright spot in the industry with retail sales* rising 17 percent this year to $204 billion.

Developing Asia to Post Solid Growth in 2008 Even as Major Industrial Economies Slow Down

added: 08-04-2008

Developing Asian economies will register solid growth in 2008 despite a coincident slowdown in major industrial economies, surging food and fuel prices and a simmering credit crisis in the United States, the Asian Development Bank (ADB) says in a new major report.

59 Percent of Americans Feel the Economic Stimulus Package Is a Short-Term Fix to the U.S. Economy

added: 08-04-2008

An Experian Consumer Direct(SM) poll shows that more than half of Americans feel the recently signed $152 billion federal economic stimulus package is a short-term solution for the troubled U.S. economy, while 32 percent feel the package will cause more Americans to reinvest in the economy. The survey also gathered consumer attitudes regarding their 2007 federal income taxes.

EU: Micro Enterprises Accounted for 30% of those Employed in the Non-Financial Business Economy

added: 08-04-2008

In 2005, there were almost 20 million enterprises active within the non-financial business economy (NFBE) in the EU27. Nearly all of these enterprises (99.8%) were either micro, small or medium-sized enterprises, with up to 249 persons employed. This share varied only marginally between Member States. Micro, small and medium-sized enterprises' relative importance in terms of contribution to jobs and wealth was lower than their share in the total number of enterprises, since they accounted for 67% of total employment and 58% of value added in the non-financial business economy in the EU27 in 2005.

Juncker: the Outlook for the Eurozone Economy had Worsened

added: 08-04-2008

Eurogroup Chair Jean-Claude Juncker told MEPs on Monday that the outlook for the Eurozone economy had worsened, and the next forecasts would be for lower growth and higher inflation than previously expected. Nevertheless, he warned against “excessive pessimism”, stressing that the economic fundamentals were solid.

Monster Employment Index Europe Shows Moderate Rise in March 2008

added: 08-04-2008

Index rises five points in March, leaving online job availability 31 percent higher than a year ago and indicating continued robust employer demand for labour across the European Union.

Economic Worries Tax Out Americans

added: 08-04-2008

With cash-strapped Americans already worried about the effects of an economic downturn, the April 15 deadline to file federal income taxes may seem overwhelming or frightening, especially for those who fear that they will owe the government money.

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