« December 04, 2006 | Main | December 06, 2006 »

Key Economic Indicators for Today

Richest 2% Own Half World Wealth; Bottom 50% Own 1% - UN Report

Millionaires and Billionaires

  Wealth ($)
Number above
1 million
13,568,229
10 million
451,809
100 million
15,010
1 billion
499
The richest 2% of adults in the world own more than half of global household wealth according to a study released today by the World Institute for Development Economics Research of the United Nations University (UNU-WIDER).

Using currency exchange rates, global household wealth amounted to $125 trillion in the year 2000, equivalent to roughly three times the value of total global production (GDP) or to $20,500 per person. 

Continue reading... "Richest 2% Own Half World Wealth; Bottom 50% Own 1% - UN Report" »

November Layoffs Jump 11% - Challenger Survey

Planned U.S. layoffs rose 11% in November to 76,773, up from 69,177 in October but down from 99,279 a year earlier, according to Challenger, Gray & Christmas Inc.

Continue reading... "November Layoffs Jump 11% - Challenger Survey" »

Worldwide Disk Storage Market Grew 7% in Q3  - Gartner

Worldwide external controller-based (ECB) disk storage revenue totaled $3.7 billion in third quarter 2006, an increase of 7.4% over the same period of 2005, according to Gartner. The top 7 vendors accounted for 83.5% of worldwide ECB revenue in Q3 2006, up 2.1% from last year. 

Continue reading... "Worldwide Disk Storage Market Grew 7% in Q3  - Gartner" »

Party or Bonus: Record Holiday Bonuses & Gifts; $25k for Holiday Parties

With the holidays around the corner, buoyed by a strong economy, some 49% of employers will give employees holiday gift items or cash awards and bonuses this year, according to a new survey conducted by BNA for Kronos. 

Continue reading... "Party or Bonus: Record Holiday Bonuses & Gifts; $25k for Holiday Parties" »

Target Will Hit $100 billion in Sales by 2010; Wal-Mart to Hit $500 billion

Target will approach $100 billion in sales in 2010, nearly doubling its current size, according to management consulting and market research firm Retail Forward report "Target 2010: Growth and Outlook". Wal-Mart is expected to reach $500 billion in sales by 2010.

Continue reading... "Target Will Hit $100 billion in Sales by 2010; Wal-Mart to Hit $500 billion" »

When Combined, Display & Search Ads Provide 80% Lift - Research

New research shows that online search and display advertising deliver profoundly better results when combined than when used independently.  Avenue A | Razorfish study (for "Actionable Analytics" report) that measures the interaction between display media and search revealed that the group exposed to display media were 27% more likely to click on a branded search term as compared to the display media control group. 

Continue reading... "When Combined, Display & Search Ads Provide 80% Lift - Research" »

Global Internet Ad Spend to Grow Seven Times Faster to Hit $31.3B in 2007

Global Internet ad spending will grow by 28.2% in 2007 to hit $31.3 billion, according to ZenithOptimedia. By comparison, global ad spending in all channels will collectively grow by only 3.9%. 

Continue reading... "Global Internet Ad Spend to Grow Seven Times Faster to Hit $31.3B in 2007" »

Linux Grabs 75% of the $2 billion Open Source Investment; Firefox Share...

The Linux operating system is the recipient of 75% of all vendor investment in open source software, according to a new report from the Harvard Business School (CBR reports), which also indicates that vendor support for open source is primarily motivated by boosting their proprietary offerings.

Continue reading... "Linux Grabs 75% of the $2 billion Open Source Investment; Firefox Share..." »

The Money Connection—Understanding VC Networks (HBS Working Knowledge)

How do venture capital firms spot the investment opportunities and also reduce risk? It's the power of networks, says Harvard Business School professor Toby Stuart—and understanding how they work in VC is just now starting to be understood. 

Continue reading... "The Money Connection—Understanding VC Networks (HBS Working Knowledge)" »

Factory Orders Fell 4.7%, Biggest Drop in Over Six Years; Inventories Jump Again

New orders at U.S. factories fell 4.7% in October, the biggest fall in more than six years, while inventories rose, suggesting slowdown in the economy, according to data released by Commerce Department.

Continue reading... "Factory Orders Fell 4.7%, Biggest Drop in Over Six Years; Inventories Jump Again" »

Service Sector, Which is 2/3 of US Economy, Grows Faster in November - ISM

The ISM index of activity in the service sector, which makes up about two-thirds of the U.S.  economy, rose to 58.9 in November from 57.1 in October, according to the latest Non-Manufacturing ISM Report On Business. A reading above 50 indicates expansion, while a reading below 50 signals contraction.

Continue reading... "Service Sector, Which is 2/3 of US Economy, Grows Faster in November - ISM" »

Productivity Growth Lowest in the Year; Labor Costs Moderate

Productivity, the key ingredient to rising living standards, as measured by output per hour of all persons, rose at just 0.2% during third quarter, reports Labor Department. That was better than the zero change that was first reported, but is still the weakest performance since a 0.1% decline in productivity growth during the 4t quarter of 2005.

Continue reading... "Productivity Growth Lowest in the Year; Labor Costs Moderate" »

10 Key Business Data Points for Dec.5

Listed below are the top 10 business data news items, culled from the most authoritative business news and data sources. Today's data points to U.S. worker productivity, layoffs, retailer sales, money management, global economic growth and more...

Continue reading... "10 Key Business Data Points for Dec.5" »

Monthly Archives


  ABOUT    CONTACT Metrics 2.0 Feed via FeedBurner RSS   Metrics 2.0 Daily Chart Widgets for your site or blog WIDGETS   ARCHIVES


Enter Email for Daily Feed Delivery: