Natural gas inventory reaches highest level on record; prices fallOctober 1st, 2009 Natural gas stocks rise to highest level everNEW YORK — Natural gas stockpiles rose last week as expected, the government said Thursday. For the week ended Sept.
Survey shows CEOs see sales growing, but many still cutting jobs, holding off on spendingSeptember 30th, 2009 CEOs see sales growing, but many still not hiringNEW YORK — An index measuring the expectations of 107 CEOs from among the nation's largest companies was at its highest level this year, with more than half expecting sales to grow in the next six months — but their outlook for capital spending remained stagnant, and 40 percent predicted more job cuts. The Business Roundtable said Tuesday its CEO outlook index rose to 44.9 in September from 18.5 in June.
Census survey: Hawaii has nation's highest housing costs, D.C. secondSeptember 22nd, 2009 Survey: Hawaii has nation's highest housing costsHONOLULU — With the highest housing costs in the nation, it's not surprising Hawaii leads the nation in multigenerational households. More than 7 percent of Hawaii households have at least three generations living together, according to the U.S.
Obama: Manufacturing growth an important sign of recovering economySeptember 1st, 2009 Obama: Manufacturing growth a good signWASHINGTON — President Barack Obama says a promising report on the state of U.S. manufacturing is a sign that the hurting economy is moving in the right direction.
Data suggest Europe, Asia improving; China leader cautions world economy faces 'difficulties'August 24th, 2009 Data suggest Europe, Asia looking upLONDON — Economic data gave more evidence Monday that Europe and Asia are on the mend, while a top Chinese leader cautioned against blind optimism and said the world economy still faced "many new difficulties."
Figures from the European Union statistics office Eurostat showed that industrial orders in the 16 countries that use the euro rose 3.1 percent in June from the quarter before, suggesting the manufacturing sector could be emerging from recession. New orders — a key gauge of industry's future growth — rose in both France and Germany, as well as Ireland, which has been among the hardest-hit by the global economic crisis.
Oil jumps above $70 in Asia on investor optimism that economic recovery will fuel demandAugust 3rd, 2009 Oil jumps above $70 on optimism demand to recoverLONDON — Oil prices leapt above $71 a barrel Monday on mounting investor hopes that a recovering global economy will boost crude demand. Benchmark crude for September delivery was up $1.86 to $71.31 a barrel by late morning London time in electronic trading on the New York Mercantile Exchange.
EU says euro business and consumer confidence surges in July to highest levels since NovemberJuly 30th, 2009 Euro economy confidence hits 8-month highBRUSSELS — Business and consumer confidence in the 16 nations that use the euro surged in July to the most optimistic levels since November, the EU statistics agency Eurostat said Thursday. The level of the survey — at 76 in July from 73.2 in June — is still far below the long-term average and industrial activity remains weak as factories lie idle, the agency warned.
Survey shows global consumer confidence improved in second quarterJuly 27th, 2009 Global consumer confidence improves in Q2LONDON — Consumer confidence around the world improved in the second quarter, according to a survey by researchers Nielsen, suggesting that the public is embracing the idea of a global economic recovery. The Nielsen Global Consumer Confidence Index rose to 82 in June, an increase of 5 points from March, spurred by renewed consumer optimism and stock market gains in emerging markets and key Asian countries.
Economist: Midwest, Plains survey suggests economic improvement, but job losses persistJuly 1st, 2009 Economist: Midwest economy shows improvementOMAHA, Neb. — A survey of business leaders in nine Midwestern and Plains states suggests that the region's economy continues to show signs of improvement, but job losses persist.
Survey: Economic sentiment improves in Germany, Europe's largest economyJune 16th, 2009 Survey: Economic sentiment improves in GermanyBERLIN — Economic confidence in Germany, Europe's largest economy, improved for an eighth straight month in June, with a recovery from recession expected to come around the end of the year, a closely watched survey showed Tuesday. The Mannheim-based Center for European Economic Research, known by its German initials ZEW, said its economic sentiment indicator rose by 13.7 points in June, to 44.8 points from 31.1 the previous month.
Oil rises to near $69 a barrel as investors mull economy, US dollarJune 9th, 2009 Oil rises to near $69 as investors weigh outlookOil prices rose to near $69 a barrel Tuesday as traders brushed off concerns that the doubling of crude prices since March is out of step with a weak global economy. Benchmark crude for July delivery was up 67 cents to $68.76 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange.
Oil jumps above $69 in Asia as investors mull economy, US dollarJune 9th, 2009 Oil jumps above $69 amid 3-month rallySINGAPORE — Oil prices rose above $69 a barrel Tuesday in Asia as traders brushed off concerns that the doubling of crude since March is out of step with a weak global economy. Benchmark crude for July delivery was up 98 cents at $69.07 a barrel by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.
Business outlook has improved for India Inc: CII surveyJune 8th, 2009 NEW DELHI - Despite signs of an improving economy, India Inc feels actual recovery will happen only after September, a survey by the Confederation of Indian Industry (CII) has found. According to the survey, conducted by the CII northern region, 96 percent of respondents believe a turnaround would happen only in the second half of 2009-10, thanks to the ongoing global slowdown
The survey found 72 percent of respondents expecting the economic growth to be in the range of 5-7 percent this fiscal.
Indian service sector to grow in next 12 months: KPMGMay 14th, 2009 NEW DELHI - India's service sector is set to grow substantially in the next 12 months, though its business activity prospects remain lowest in the BRIC block comprising Brazil, Russia, India and China, says a survey by global auditing agency KPMG released Thursday. April's BRIC Business Outlook Survey, which covered around 1,400 service sector firms in the BRIC nations, said 31.1 percent of Indian companies saw their activity levels expanding, up from 15.3 percent last autumn.
Indians most optimistic about economy: SurveyJanuary 12th, 2009 NEW DELHI - Amid a worldwide economic downturn, Indians have emerged as the most optimistic lot as people who think that their country will climb out of recession in the next 12 months, a survey said. 'Despite the global economic recession, about 51 percent Indians, the highest in the world, seem to be quite confident of the economy picking up in the near future,' said Sonia Pall, Executive Director in Consumer Research at The Nielsen Company, which conducted the survey.
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