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Latin America Broadband Grew at an Annual Rate of Around 54% in 2006

added: 29-06-2007

The Latin American economy grew by 5.0% in 2006. Forecasts for 2007/08 show a slowing down of economic growth, to 4.3% and 3.9% respectively.

Broadband Penetration Aids U.S. Job Growth

added: 29-06-2007

Each percentage point of broadband adoption adds roughly 293,000 private sector jobs a year to the U.S. economy, according to new research released by the Brookings Institution.

Mortgage Rates Down for Second Straight Week

added: 29-06-2007

After jumping sharply between mid-May and mid-June, mortgage rates have now declined in each of the past two weeks. The average 30-year fixed mortgage rate retreated to 6.74 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.26 discount and origination points.

USA: Metropolitan Area Employment and Unemployment in May

added: 28-06-2007

Unemployment rates were lower in May than a year earlier in 212 of the 369 metropolitan areas, higher in 134 areas, and unchanged in 23 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Forty-three metropolitan areas registered jobless rates below 3.0 percent, while two areas recorded rates of at least 10.0 percent. The national unemployment rate in May was 4.3 percent, not seasonally adjusted.

U.S. Companies Want U.S. Captives

added: 28-06-2007

Bermuda's reign as the undisputed global leader among captive domiciles is being challenged by U.S. companies that are increasingly leaning toward onshore domiciles for their captive insurance companies - that is among the findings of Aon's new Global 1500 (G1500) research report on captives and their owners.

Expectations for Capital Spending, Hiring and Prices

added: 28-06-2007

American companies are forecasting single digit percentage increases in capital spending, hiring, and the prices of their products over the next 12 months, according to a recent survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business. However, these expected increases are trending downward from earlier forecasts.

Service-Sector Growth Slightly Stronger than in July 2006

added: 27-06-2007

According to new numbers from the Leading Indicator of National Employment(LINE(R)), manufacturing hiring will be weaker in July 2007 than it was in July 2006. The service-sector employment expectations index is essentially unchanged.

Declining Growth Returns in Home Prices

added: 27-06-2007

Data through April 2007 released by Standard & Poor's for its S&P/Case-Shiller(R) Home Price Indices, shows the annual growth rate in prices of existing single family homes across the United States declined again, the 17th consecutive slowdown since December 2005.

U.S. Tourism Market is Growing Despite High Gasoline Prices and a Sluggish Economy

added: 27-06-2007

Although gasoline prices remain over $3 gallon across the United States, with the 4th of July holiday just ahead, the U.S. Tourism Industry is poised for continued growth in 2007 as Americans are expected to take a record number of trips during the busy summer vacation season which will continue through Labor Day. According to a Gallup Poll released on May 30, about half of Americans (52.0 percent) plan to take a vacation this summer.

Taxes Now Leading Concern of Small Businesses Replacing Health Care Costs Which Falls to Fifth According

added: 26-06-2007

Taxes were the leading concern of business owners during the second quarter of 2007 replacing health care which previously was cited as being the single greatest issue impacting small according to the latest Small Business Research Board (SBRB) study.

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