Regional consumer and producer prices upsurge


A new year has dawned and with it, endless possibilities have arisen concerning Asia Pacific’s economic forecast. Will regional inflation decline at a steady pace this year? Is there any signification that consumer confidence will improve during the first quarter? Are producer prices higher or lower now than they were in recent months?

Has regional foreign trade strengthened or weakened lately? And, are there any signs that bank policy rates will be adjusted?
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EMEA’s business and consumer confidence remains low


There is no question that most EMEA nations faced countless challenges last year, as regional economic recovery continued. From depreciating currencies to double-dip recessions, the road towards recovery remains a test for most, if not all, of the region’s countries.

But, are there any signs that progress will occur in early 2013? Will business and consumer confidence improve? Has any information recently been released regarding the region’s business climate?
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North America’s employment situation improves


With the release of the BLS’ latest “The Employment Situation” report, which revealed that employment continued to rise within the United States in December, even in the midst of the nation’s recovery from Superstorm Sandy, economists were left to wonder – would such progress be noticed in other North American countries, particularly Canada and Mexico?
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December’s jobs report matched economists’ projections


Consistent. Robust. Encouraging.

Such words have often been used to describe the United States’ recent job growth trends. After all, from July to November, 161,800 jobs were added to the national economy per month, on average.

Even Superstorm Sandy did not damper the nation’s steady rise in employment, as 161,000 new jobs were generated in November, just days after the storm struck the northeastern United States.
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Regional unemployment continues to drop


On January 8th, the BLS released its first “Metropolitan Area Employment and Unemployment” report of 2013, revealing that regional unemployment continued to decline last November.

According to the BLS, 322 of the nation’s 372 metro areas reported a lower jobless rate in November 2012 than November 2011, as only four areas recorded an unemployment rate of 15 percent or higher. Two of these areas, Yuma, Ariz., and El Centro, Calif., once again reported the nation’s highest jobless rates, at 27.5 and 26.6 percent, respectively.
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Employment rose within a majority of private sectors


According to the BLS’ latest jobs report, more than 112 million Americans were employed within the private sector in December 2012, comprising nearly 84 percent of the nation’s working population.

In fact, despite a steady decline in public sector employment in 2012, private sector hiring continued to augment in December, rising for the 34th consecutive month.

A total of 168,000 new private sector jobs were created last month, as the following industries reported a rise in employment. 
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