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Total
R&D spending in the U.S. will increase 2.85% to $338 billion in 2007. U.S.
companies are expected to spend $219 billion on R&D, a 3.4% increase
over the $212 billion last year, according to a report from Battelle
Memorial Institute, published by R&D Magazine.
Continue reading... "US Corporate R&D Spending to Reach $219 billion This Year" »
Total
existing-home sales declined 0.8% to a seasonally adjusted annual rate1 of
6.22 million units in December from 6.27 million in November, according
to the National Association of Realtors. Sales were down 7.9% in last year
from 6.75 million-unit pace in December 2005.
Led
by strong demand in emerging markets including India and China, worldwide
mobile phone market reached a new milestone as vendors shipped a total of
1.019 billion units in 2006, a 22.5% increase from 832.8 million units
they shipped in 2005, according to IDC.
Continue reading... "Worldwide Mobile Phone Shipments Surpass One Billion Unit Mark in 2006: IDC" »
More banks are
allowing customers to overdraw with debit card purchases and at ATMs, then
hitting them with fees of up to $35, according to the Center for
Responsible Lending.
China economy grew by 10.7% in 2006, at its fastest
rate in a decade, moving China closer to overtaking
Germany as the world's third-largest economy, according to figures
issued by the government. It was the fastest growth since 1995, when the
economy expanded by 10.9%.
More
than 229 million U.S. wireless subscribers are spending an average of
$6.00 per month on data services, contributing a total of $4.1 billion in
revenue for 3Q06 alone, according to the latest IDC research.
Ringtone sales set to reach 1 billion by 2010.
Continue reading... "Verizon Leads the $12 billion Mobile Data Services Market" »
Continue reading... "IDC: HR Outsourcing To Small Businesses is a $44 billion Market" »
American
consumers spent an average of
$164.81 on gift cards, up from the $146.20 they expected to spend, driving
the total gift card spending during the 2006 holiday season to $27.8 billion,
according
to an NRF survey, conducted by BIGresearch.
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