A majority of executives at leading retail banks globally say average customer profitability has remained below pre-crisis levels, while their customers’ price-sensitivity and inclination to "shop around" have increased, according to an Accenture survey.
Over three quarters of private business owners (78%) said they have a solid growth strategy, according to a study from Pepperdine University’s Graziadio School of Business and Management. However, the study also shows only half of those owners (40%) have the necessary resources for growth such as staff and financial capital. According to the study, 71 percent would expect an increase in revenue if they were able to gain access to additional growth capital.
Credit card rewards programs have proven to be a favorite of consumers across the nation. But Bankrate.com's 2010 Debit Card Rewards Study shows that debit cards can provide a boost as well, so long as consumers choose wisely.
On average, Americans don’t expect their quality of life, including their spending levels, to return to pre-recession levels until mid-2013, according to the findings of a survey released by AlixPartners LLP, the global business-advisory firm.
The first estimate for the euro area (EA16) trade balance with the rest of the world in May 2010 gave a 3.4 billion euro deficit, compared with +2.2 bn in May 2009. The April 2010 balance was +0.3 bn, compared with +2.6 bn in April 2009. In May 2010 compared with April 2010, seasonally adjusted exports rose by 1.6% and imports by 4.2%.
The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 5.3% in April 2010 to 4.3% in May. For the outstanding amount of quoted shares issued by euro area residents, the annual growth rate decreased from 2.7% in April 2010 to 2.4% in May.
The Conference Board Leading Economic Index® (LEI) for Spain remained unchanged and The Conference Board Coincident Economic Index® (CEI) increased 0.1 percent in May.
The Conference Board Leading Economic Index® (LEI) for China increased 0.8 percent, and The Conference Board Coincident Economic Index® (CEI) increased 0.9 percent in May.
