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$22B US Generic Drugs Industry by the Numbers

With the new Democratic Congress promising to lower health care costs, generic drug makers take on brand-name rivals to level the playing field, reports AP. Here are some key metrics and stats on the generic drugs market: 

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U.S. Sales of Hybrid Vehicles Jump 28% to 254,545 in 2006; 1.5% of US Vehicles

U.S. sales of gas-electric hybrid vehicles rose 28% to 254,545 in 2006, but the rate of growth is starting to slow, according to a report by R.L. Polk & Co.  Hybrids accounted for about 1.5% of U.S. vehicle sales last year.  Toyota Prius led the segment with 42.8% of new registrations. 

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US Economy Will Grow at the Slowest Pace in 5 Years in 2007

National Association for Business Economics survey of 47 top forecasters predicted that the overall US economy will grow by 2.7% this year, the slowest annual increase in the gross domestic product since a 1.6% rise in 2002, on a greater restraint from a  worse-than-expected slump in housing market.

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U.S. Retail E-commerce Hits $108 billion in 2006; Accounted for 3% of Retail in Q4

U.S. retail e-commerce sales for the fourth quarter of 2006 jumped 24.6% from the same period in 2005 to $29.3 billion, according to the Census Bureau of the Department of Commerce. This is a 6.3% increase from the third quarter of 2006. E-commerce sales in the fourth quarter of 2006 accounted for 3.0% of total sales.

Continue reading... "U.S. Retail E-commerce Hits $108 billion in 2006; Accounted for 3% of Retail in Q4" »

Pre-money Valuation of VC-backed Startups Reaches $18.5 million in 2006, Highest Since 2000

The median pre-money valuation of U.S. venture-backed companies reached $18.5 million in 2006, compared to $15 million in 2005, according to VentureOne data. This is the highest median valuation since the peak of $25.1 million in 2000. 

Continue reading... "Pre-money Valuation of VC-backed Startups Reaches $18.5 million in 2006, Highest Since 2000" »

Global Electricity Bill for Computer Servers Jumps to $7.3 billion in 2005: Study

An AMD sponsored study by Jonathan Koomey of Stanford University found that in 2005 U.S. based data centers and their associated infrastructure consumed five million kW of energy, the equivalent of five 1,000 MW power plants.  

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March Madness: 23 million Fans and $1.2 billion Lost Productivity

The cost to employers in lost productivity from March Madness excitement over the NCAA men’s college basketball championship tournament could surpass $1.2 billion over the course of the 19-day event that begins March 15, according to Challenger, Gray & Christmas survey. 

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12th-Graders Math Proficiency Falls; Reading Skills Lowest Since 1992: Study

The average U.S. 12th-grader reading score in 2006 was the lowest since 1992, while less than one-quarter (23 percent) of 12th-graders scored at or above the Proficient level in the 2005 National Assessment of Educational Progress (NAEP), according to The Nation’s Report Card. 

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IDC: IT Spending in European Vertical Markets to Surpass $400 billion by 2010

Total IT spending by companies across Western European vertical markets will grow at a compound annual growth rate of 4.3% between 2006 and 2010, reaching a value of just over $406.5 billion in 2010, according to IDC study. 

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Worldwide Server Shipments Rose 8.9% in 2006; Revenue Reaches $53 billion: Gartner

Worldwide computer server shipments increased 8.9% to 8.2 million units in 2006, while worldwide server revenue was up just 2% to $52.7 billion last year, according to Gartner. Mainframes with 3.9% jump had the strongest revenue growth of any segment for the year. 

Continue reading... "Worldwide Server Shipments Rose 8.9% in 2006; Revenue Reaches $53 billion: Gartner" »

Top 5 Search Engines in January; Searches Up 26% YoY to 6.6 billion

In January 2007, Google share of online search in US jumped 0.2% to 47.5%, according to comScore Networks qSearch analysis of activity across competitive search engines in  the US.  Yahoo! Sites lost 0.4% share to finish second with 28.1% of U.S. searches. 

Continue reading... "Top 5 Search Engines in January; Searches Up 26% YoY to 6.6 billion" »

Charitable Giving to Colleges Grew to a Record $28 billion; Top 20 Colleges and Sources

Charitable contributions to higher education grew 9.4% to a record $28 billion in the last academic year, according to a report by the Council for Aid to Education. Contributions to Stanford University rose 50% to top $911.6 million, the largest amount ever raised by a U.S. university in a year, according to the report.

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Nearly 80% Americans Use Internet to Plan Travel: Burst Study

The recent Burst Media study found that 79.0% respondents will use the Internet to plan their upcoming personal travel. In 2007, for the first time, online travel bookings will account for over half (54%) of all U.S. travel bookings (nearly $70 billion), according to PhoCusWright. 

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Compliance Spending for North American Companies to Hit $30 billion This Year

SoX Costs 
$6 billion

Annual compliance spending for all North American companies is expected to grow 8.5% this year to $29.9 billion from $27.3 billion in 2006, according to a study by AMR Research. 

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Economic Indicators: CPI Rose 0.2%; Leading Economic Indicators Up 0.1%

Consumer prices rose by 0.2% in January, compared to a 0.4% rise in December, according to the Labor Department. Core inflation, which excludes volatile energy and food components, rose by 0.3% in January, the largest one-month gain in seven months.

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US Health Care Spending to Double to $4.1 Trillion by 2016 - 20 Cents of Every 5 Dollars Spent

U.S. health care costs are set to double over the next 10 years to $4.1 trillion annually, or 1 dollar of every 5 dollars spent, according to a study by Centers for Medicare & Medicaid Services, published today in the Web edition of the journal Health Affairs.

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China Mobile Adds Record 4.86M Users in January; Total Subscribers Surpass 300M

China Mobile, the world's largest wireless phone carrier by users, with more customers than the total U.S. population, added a record 4.86 million subscribers in January, taking its total to 306.1 million users. China Mobile stock surged 83% last year. 

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Internet Movies and TV Shows Market to Top $5.8 Billion By 2011

Consumer spending on Internet downloads of movies and TV shows will surpass $4 billion in 2011, up from just $111 million in 2006, according to a report by Adams Media Research.  Total PC/TV Internet video market, including ad spending, is expected to top $5.8 billion by 2011.

Continue reading... "Internet Movies and TV Shows Market to Top $5.8 Billion By 2011" »

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