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Top 10 Most Competitive Retailer for 2007

The top 10 most competitive retailers in 2007 have generated a return on invested capital (ROIC) of 15.43%, three times higher than other retailers at 5.03% since 2001, according to a study conducted for the NRF Foundation by the Kanbay Research Institute (KRI).

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India Industrial Production Expanded 14.4% in November, Fastest Pace in 11 Years

India's industrial production rose 14.4% in November, the fastest pace in 11 years, compared to 4.4% growth in October, according to the Central Statistical Organisation, reports Bloomberg. Analysts expected an 11.3% increase in November.  Rising consumer spending may prompt the central bank to raise its 6% benchmark interest rate. 

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Confident Consumers See Brighter Future in 2007: RBC CASH Index

U.S. consumer confidence soared at the start of the new year, as Americans are feeling much more optimistic about their economic future than they were at the close of 2006, according the RBC CASH (Consumer Attitudes and Spending by Household) Index.

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Wii Sales Beat PS3 in the $30B Video-game Wars in December: NPD Group

Nintendo sold 604,200 of its new Wii video game consoles in the United States in December, beating Sony, which sold 490,700 units of its new PlayStation 3, according to retail sales on the  seventh-generation video-game systems by market-research firm NPD. 

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Gadgets Boost December Retail Sales Rise at Fastest Rate in 5 Months 

U.S. retail sales rose 0.9% in December, the strongest pace in five months, to $369.9 billion. driven by strong 3% jump in electronic gadget sales, according to the Commerce Department. The increase was better than the 0.7% advance that economists had forecast. 

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Global IT Spending to Reach $1.48 Trillion by 2010:

Services  : $587B
Hardware: $562B
Software : $327B
Worldwide spending on information technology by end users hit $1.16 trillion in 2006, and will increase at a compound annual growth rate (CAGR) of 6.3% to reach $1.48 trillion in 2010, according to new IDC forecasts on worldwide vertical market IT spending. 

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Hedge Funds Drive Strong Returns at U.S. Endowments: Commonfund Benchmarks Study

The top decile U.S. endowments were almost 50% invested in “alternatives” - hedge funds, private equity, real estate, distressed debt, energy and natural resources and venture capital -, and reported returns in excess of 16.8% in 2006, according to the 2007 Commonfund Benchmarks Study of Educational Endowments.  

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Global Entrepreneurship Monitor: U.S. Entrepreneurs Created Majority of 6.8M New Jobs Since 2003

As Entrepreneurial behavior continues to fuel the engine of innovation and growth around the world, U.S. entrepreneurs have created most of the 6.8 million new jobs since 2003, according to the eighth annual Global Entrepreneurship Monitor (GEM) by Babson College and London Business School.  

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2006 Sets All-time Record with 173,772 U.S. Patents Issued; IBM No.1 for the 14th Year

2006 set an all-time record for U.S. corporate patents with 173,772 issued by the U.S. Patent and Trademark Office (USPTO), an increase of a whopping 20.8% from 2005, according to IFI Patent Intelligence annual report. For the 14th year in  a row, IBM Corp. tops the list with a record 3,651 patents in 2006.  

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