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Help-Wanted Advertising Index Increases; Online Job Ads up 6%

The Conference Board Help-Wanted Advertising Index — a key measure of job offerings in major newspapers across America — increased one point in October. The Index currently stands at 30, compared to 37 one year ago. 

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Chicago PMI Drops to Lowest Level Since 2003

The Chicago purchasing managers index (Chicago PMI) fell to 49.9% in November from 53.5% in October. This is the lowest level since April 2003. Readings below 50 indicate contraction in the region. The index is a precursor of the nationwide purchasing managers report to be issued Friday by the Institute for Supply Management.

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$250 billion Opportunity with Microsoft Vista

Microsoft, launching Windows Vista for businesses, predicts over 200 million users for new Windows, Office or PC server software by the end of 2007. “Industry analysts expect these products to represent more than $250 billion in partner revenue opportunity in the next 12 months,” Steve Ballmer said. 

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India Growth Story Continues: GDP grows 9.2%

The Indian economy grew at a strong 9.2% in July-September 2006 quarter, compared with 8.4% in the year ago period, according to government data released today. 
Indian GDP at Constant Prices Y/Y % Chg. (2006-07)

Sector

Q1 Q2 
Trade, hotels, transport and communication  13.2 13.9
Manufacturing  11.3 11.9
Construction  9.5 9.8
Financing, ins., real est. and business services  8.9 9.5
Electricity, gas and water supply 5.4 7.7
Community, social and personal services  7.4 6.9
mining and quarrying  3.4 3.1
Agriculture, forestry and fishing 3.4 1.7
     Overall GDP Growth 8.9 9.2

WSJ By The Numbers - Top 10 for Nov.30: Mutual Funds Top $10 trillion

Mutual-fund assets surpassed $10 trillion for the first time in October, according the fund industry's trade group, the Investment Company Institute. Mutual-fund assets increased from September by $286.6 billion, or 2.9%, to $10.01 trillion in October, the ICI said. Much of the recent growth has come in stock-fund assets, which rose to about $5.7 trillion in October from $4.9 trillion from the end of 2005, according to the survey. >> Mutual Funds Pass $10 Trillion Mark 

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Consumer Spending Best Showing in 3 Months; Jobless Claims Highest in More Than Year

The Commerce Department reported that consumer spending increased by 0.2% in October, the best showing in 3 months. Spending had fallen by 0.2% in September and posted only a slight 0.1% rise in August. The acceleration in real consumer spending reflected an upturn in spending on nondurable goods, notably food items.

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War for Talent Boosts HCM Software to Top $6 billion

As the war for talent has grown acute in this age of globalization, human resources tasks such as managing payroll and benefits have evolved into much more strategic, and more companies are deploying software for human capital management for a competitive edge (reports IBD). The HCM software market is forecast to top $6 billion in sales this year, according to AMR. 

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Cyber Monday Creates E-Commerce History: Sales Break $600 million Mark

On this Cyber Monday, which marks the first major spike in online holiday spending as people returned to work after the Thanksgiving weekend, online sales totaled $608 million, up 26% from last year, according to comScore Netwroks. During the first 27 days of November this year, total online retail spending reached $9.48 billion, marking a 24% increase versus the corresponding days in 2005.

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