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Consumer Spending Has Likely Been Altered for the Long Term

added: 17-06-2009

While consumer confidence is at its highest level since November 2008, that doesn't mean consumers are spending more. According to a new Rabobank podcast, consumers, who once focused on premium products, now place a premium on value - and are unlikely to revert once the recession recovers.

Health Care Reform May Force U.S. Pharmaceutical Companies to Overhaul Sales Strategies

added: 17-06-2009

While President Obama's push for a larger government role in health care and the prospect of a European-style health care model developing in the United States may worry some pharmaceutical companies, all should share a more immediate concern: the growing influence of payers over physician prescription decisions in the United States.

Pessimism About Financial Security Might Be Slowing

added: 17-06-2009

As the debate over the direction of the economy continues, Americans' pessimism about their financial security is slowing. The latest COUNTRY Financial Security Index(R) dipped 0.3 points to 64.6 in June, marking the smallest overall decline since October 2008.

Only 14% of Executives Rate CEOs' Reputation as Positive

added: 17-06-2009

The majority of executives in America's biggest companies - 66% - believe that the reputation of CEOs today is largely negative, according to a survey conducted by leading global public relations firm Weber Shandwick with KRC Research.

More New-Car Shoppers Expect Gas Prices To Skyrocket, $3-A-Gallon Gas May Be New Threshold in Current Economy

added: 17-06-2009

Kelley Blue Book, the provider of new car and used car information, announces the results of the latest Kelley Blue Book Market Intelligence survey of in-market new-car shoppers on kbb.com, detailing consumers' opinions on gas prices and how they affect their purchase decisions.

Global Companies: Managing "Survivor Syndrome"

added: 17-06-2009

As the downturn is forcing more firms to reduce personnel, global companies need to have plans in place to "manage survivor syndrome" in order to prepare for the eventual upturn, according to a report issued by The Conference Board, the global business membership and research association.

Consumers Spend Less, But Still Splurge on Special Items

added: 17-06-2009

Consumers may have reduced their overall spending in the current recession, but one place many women simply refuse to cut back is on shoes and handbags.

Mortgage Rates Rise for Third Consecutive Week

added: 17-06-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.72 percent, up from 5.48 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R). Meanwhile, rates for 15-year fixed mortgages rose to 5.18 percent from 4.95 percent, and 5-1 adjustable rate mortgages rose to 4.73 percent from 4.62 percent the week prior.

3 Million New North American Broadband Subscribers Added in First Quarter 2009 Despite Economic Downturn

added: 17-06-2009

The Broadband Forum announced the latest broadband and IPTV statistics, which show impressive growth in the face of the global economic downturn. Its report, prepared for the Forum by industry analysts Point Topic shows that broadband grew by 16.6 million lines globally in the last quarter alone, with more than three million being added across North America - while IPTV continues to expand strongly.

ECB: Financial Stability Review June 2009

added: 16-06-2009

Many of the downside risks to euro area financial stability that were identified in the December 2008 issue of the FSR have crystallised. In particular, the further significant deterioration of global macroeconomic conditions, as well as sizeable downward revisions to growth forecasts and expectations, have added to the stresses on global and euro area financial systems. The contraction of economic activity and the diminished growth prospects have resulted in a further erosion of the market values of a broad range of assets.

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