Health of US Tech Sector at Highest Level in Five Years on Global Demand
Forrester/ITAA Tech Sector Index — which measures the health of the US
technology industry — reached its highest level in five and a half years
in Q4 2006, rising two points to 128.8, according
to Forrester Research, Inc. and the Information Technology Association of
funds continued to increase their dominant position on both ends of the
domestic markets; they accounted for roughly one-fourth of M&A
activity and sponsored more than 40% of all IPOs, with the time between
purchase and sale often shrinking to mere months, reports Dealmaker
Chinese Consumer Market to Hit $8.8 trillion by 2020; Becomes Second Largest by 2015
is on course to become the world's second-largest consumer market by 2015,
according to Credit Suisse, reports Reuters. Credit Suisse projects that
the value of Chinese consumption will hit $8.8 trillion by 2020, fueled
partly by a 5% yearly appreciation in the yuan between now and then.
Existing-Home Sales Rise in February to Highest Level Since Last April
Existing-home sales rose
a strong 3.9% to annual rate1 of 6.69 million units in February following a healthy gain in January, reaching the highest level since last April,
according to the National Association of Realtors. The national median existing-home price for all housing types was $212,800 in February, down 1.3 percent from February 2006 when the median was $215,700.
February Search Engine Rankings: Google Captured 48.1% of the 6.9 billion Searches
Americans conducted 6.9
billion searches online in February, up 1 percent versus January and 19
percent versus February 2006, according to comScore. Google Sites
captured 48.1 percent of the U.S. search market, gaining 0.6 share points
from the previous month.
The percentage of outgoing CEOs replaced by women increased 11% in 2006 and so far the upward trend appears to be continuing in
2007, according to a report by Challenger, Gray & Christmas, Inc., which tracks CEO changes daily.
Networking/IP to Drive Video Surveillance Market to $9B by 2011
The video surveillance industry is expanding rapidly due to rising security needs combined with a spate of technological innovations—including the migration to digital, fully networked systems, according to the market-research firm iSuppli Corp.
Worldwide Internet Audience Jumps 10% to 747 million; China No.2 with 87M Users
Worldwide Internet audience has grown 10% in
last year to 747 million people, age 15+, in January 2007, according
to comScore Networks. Among the top 15 countries, Internet audiences in India, the Russian Federation and China increased the most in 2006, growing
33%, 21% and 20%, respectively.