US recession may be over, but recovery will be painful: surveyOctober 13th, 2009 WASHINGTON - More than 80 percent of top US economists believe that America has started pulling out of its worst downturn since World War II, but they expect a slow and painful recovery, according to a new survey. Most economists agree the US recession that started almost two years ago is finally over, but they don't expect meaningful improvement in jobs, credit or housing for months to come, according to the survey by the National Association for Business Economics (NABE).
Survey shows dip in German investor confidence amid mixed economic signalsOctober 13th, 2009 German investor confidence slips in OctoberFRANKFURT — German investor confidence dipped in October as mixed economic data suggested Europe's biggest economy will recover only slowly, a closely watched survey showed Tuesday. The ZEW institute said its monthly index, which gauges investors' outlook for the next six months, was down 1.7 points from September at 56 points.
Federal Reserve survey shows worst recession since 1930s may be overSeptember 9th, 2009 Fed survey shows US recession may be overWASHINGTON — The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions.
Worst recession since 1930s appears to be over; Fed finds most of US stabilizing or improvingSeptember 9th, 2009 Worst recession since 1930s appears to be overWASHINGTON — Economic activity is stabilizing or improving in the vast majority of the country, according to a government survey released Wednesday. The findings indicate that the worst recession since the 1930s may be over.
Fed findings indicate recession may be over; Fed says most of US stabilizing or improvingSeptember 9th, 2009 Fed findings indicate recession may be overWASHINGTON — Economic activity is stabilizing or improving in the vast majority of the country, according to a government survey released Wednesday. The findings indicate that the worst recession since the 1930s may be over.
German business sentiment improves in August, according to Ifo Business Climate IndexAugust 26th, 2009 German business sentiment improves in AugustFRANKFURT — German business confidence improved for a fifth consecutive month in August as the economy showed signs of recovery from its deep downturn, a closely watched survey said Wednesday. The Ifo Business Climate Survey, conducted by the Institute for Economic Research at the University of Munich, said its reading of German business sentiment rose to 90.5 points in August from 87.4 points in July.
Indian businesses plan fresh wave of investmentAugust 20th, 2009 NEW DELHI - Nearly 70 percent of Indian businesses believe that the country's economy would start recovering from the downturn by next year, with 50 percent of them planning fresh investment, according to an industry survey. The survey, conducted by global consultancy KPMG among 850 senior business managers from 22 countries, said Indian corporates were optimistic about an economic upturn and would start pumping money into their businesses again either this year or next year.
German investor confidence rose sharply in August, closely watched ZEW survey saysAugust 18th, 2009 German investor confidence up sharply in AugustFRANKFURT — Investor confidence in Germany, Europe's biggest economy, rose sharply in August as hopes grew that the economy will recover faster than previously expected, a closely-watched survey showed Tuesday. The ZEW Center for Economic Research in Mannheim said its monthly index, which measures investors' outlook for the next six months, rose to 56.1 points in August from 39.5 points in July — well above the historical average of 26.5 points.
Germany's IfO business survey marks improvement in July; economy 'gaining traction'July 24th, 2009 German business sentiment improves in JulyFRANKFURT — A leading indicator of German business sentiment improved in July, suggesting the economy is stabilizing, the Ifo Business Climate Index said Friday. The Ifo, part of the Institute for Economic Research at the University of Munich, said its reading of the German business climate improved to 87.3 points in July from 85.9 points in June.
Survey: German investor confidence slips in July after 8-month increaseJuly 14th, 2009 German investor confidence slipsBERLIN — Investor confidence in Germany, Europe's biggest economy, slipped in July after an eight-month rise as worries over bank lending clouded optimism over improving industrial data, a closely watched survey showed Tuesday. The ZEW institute said its monthly index, which measures investors' outlook for the next six months, slipped to 39.5 points this month from 44.8 in June.
Global crisis hit Indian jobs, improvement in sight: Economic SurveyJuly 2nd, 2009 NEW DELHI - Though comprehensive job loss data is not available for the current financial year, the Economic Survey Thursday said the financial crisis hit the Indian job market in the last quarter of 2008 but improvement in the employment situation was in sight. Quoting a labour ministry survey, it said during October-December 2008, there was decrease in employment of about half a million workers".
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.
Reforms to drive India's growth at 7.2 percent: AssochamJune 11th, 2009 NEW DELHI - The Indian economy is expected to grow by 7.2 percent in the current fiscal, primarily driven by improvements in consumer sentiment, rural economy, and policy reforms, said an industry survey released here Thursday. According to the survey, conducted by the Associated Chambers of Commerce and Industry of India (Assocham), about 42 percent of the respondents believe policy reforms would cast massive impact on the GDP (gross domestic product) growth.
Delhiites happier with public services: SurveyMay 29th, 2009 NEW DELHI - Residents of the national capital are more satisfied than earlier with public services like health, education and transport, a new survey reveals. The social audit conducted by the Public Affairs Foundation (PAF), Bangalore, was aimed at determining the level of satisfaction in various services being offered by different departments of the government like education, health, transport, Public Distribution System (PDS), the sub-registrar office, issues of certificates and water tankers.
German investor confidence posts surprise increaseMarch 18th, 2009 BERLIN - German investor confidence recorded a surprise increase in March to record its fifth consecutive monthly rise, a key indicator released Tuesday showed, amid hopes of further rate cuts and a turnaround in Europe's biggest economy later in the year. After posting a big jump in February, the Mannheim-based Centre for European Economic Research (ZEW) said its index measuring the sentiment among analysts and institutional investors edged up to minus 3.5 points this month from minus 5.8 last month.