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Volume of Retail Trade Up by 0.4% in Euro Area in January 2008

added: 06-03-2008

In January 2008, compared with December 2007, the volume of retail trade grew by 0.4% in the euro area (EA15) and by 0.6% in the EU27. In December 20073 retail trade fell by 0.1% and 0.2% respectively.

Home Buyer Tax Credit Won't Fix the Foreclosure Crisis and Won't Keep People in Their Homes

added: 05-03-2008

Lawmakers under political pressure to "do something" to fix the current foreclosure crisis must act carefully and reject proposals that will do more harm than good, including pending legislation that would create a new tax credit for people who buy a new house or a house in default or foreclosure.

Talent Management is Broken

added: 05-03-2008

More than half of senior leaders anticipate their companies' performance will soon suffer because they don't have the right talent in place, according to a recent report from Development Dimensions International (DDI) written in co-operation with the Economist Intelligence Unit (EIU).

Reform Progress in OECD Countries Uneven

added: 05-03-2008

Governments in many OECD countries have made good but uneven progress over the past 12 months in implementing the economic reforms needed to improve living standards, according to the OECD's Going for Growth report.

Single Family Homes Price Declines Pervasive in Q4 2007

added: 05-03-2008

Global Insight today released the fourth quarter 2007 update of House Prices in America, the U.S. housing-valuation analysis, showing that single-family home prices continued to fall for the second period in a row and declined at a precipitous 5.1% annualized rate.

US: Real Earnings In January 2008

added: 05-03-2008

Real average weekly earnings fell by 0.5 percent from December 2007 to January 2008 after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. A 0.3 percent decrease in average weekly hours and a 0.4 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) were partially offset by a 0.2 percent increase in average hourly earnings.

Industrial Producer Prices Up in Euro Area and EU27 in January 2008

added: 05-03-2008

In January 2008 compared with December 2007, the industrial producer price index rose by 0.8% in the euro area (EA15) and by 1.0% in the EU27. In December prices increased by 0.1% and 0.3% respectively.

Car Shoppers Say Gas Prices Affecting Consumer Spending

added: 04-03-2008

According to the latest Kelley Blue Book Marketing Research study, elevating gas prices have in-market new-car shoppers considering vehicles they would have otherwise ignored. The February 2008 results reveal that almost two-thirds, 64 percent of shoppers, have changed their minds or are now thinking about vehicles they normally would not have considered before.

US: Employment Situation in January 2008

added: 04-03-2008

Both nonfarm payroll employment, at 138.1 million, and the unemployment rate, at 4.9 percent, were essentially unchanged in January, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The small January move- ment in nonfarm payroll employment (-17,000) reflected declines in construction and manufacturing and job growth in health care. Average hourly earnings rose by 4 cents, or 0.2 percent, over the month.

Euro area GDP up by 0.4% and EU27 up by 0.5% in Q4 of 2007

added: 04-03-2008

Euro area (EA13) GDP grew by 0.4% and EU27 GDP by 0.5% in the fourth quarter of 2007, compared with the previous quarter, according to first estimates released by Eurostat, the Statistical Office of the European Communities. In the third quarter of 2007, growth rates were +0.7% in the euro area and +0.8% in the EU27.

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