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ITALIAN CONFIDENCE AT LOW EBB.
(From Market - Europe)
Confidence among Italian consumers and business leaders hit low ebb late in 2002 and is not likely to achieve sustainable upward momentum until the latter half of 2003. As a result, capital expenditure and high-end household spending will remain depressed for at least the next 6 months
At the household level, the biggest enemy of confidence is high unemployment. The official unemployment level recently reached 9 percent and most consumers believe that it will go even higher before abating. They are probably right because there is no real incentive for businesses to create new jobs at this point in time. In fact, industries will continue to cut jobs in the face of weak internal demand and depressed sales to other EU nations
Look for capital expenditure on the part of industry to show year-on-year losses of 1 to 3 percent during the ...
- KOREAN CAPITAL SPENDING TO RISE.(Brief Article)
- Newspaper article from: Market Asia Pacific October 1, 2003 700+ words
...However, the prospect of increased internal demand and rising exports to the US...that weigh in favor of increased internal demand for South Korean finished goods...goods and services. PUBLISHED BY EDIMAX USA PUBLICATIONS <END>...
- CHINESE SALES LOSING THEIR LUSTER.(China's economic growth projections are...
- Newspaper article from: Market Asia Pacific June 1, 2003 700+ words
...gt;MALAYSIAS SHAKY INDUSTRIAL DEMAND <BY>EDIMAX USA PUBLICATIONS <TX>Malaysias government has pledged...growth of about 5 percent during the second half of 2003. Internal demand for Malaysias goods and services is not living up to potential...
- GERMAN INTERNAL DEMAND REMAINS STALLED.
- Newspaper article from: Market Europe August 1, 2004 700+ words
...unemployment level approaching 11 percent. Internal demand for goods and services is not likely...will experience particularly weak internal demand include automobiles and major household...German auto makers will face slack internal demand at a time when currency factors are...
- INTERNAL DEMAND STALLS IN SINGAPORE.(export sales rise in 3Q)
- Newspaper article from: Market Asia Pacific December 1, 2002 700+ words
...energies on expanding foreign sales. Internal demand has stagnated of late due to unemployment...package. The prospect of lackluster internal demand recently led economists to drop their...The biggest obstacle to a rebound in internal demand is concern over higher-than-normal...
- AUSTRALIAN INTERNAL DEMAND SOFTENS.(sales in retail and wholesale sectors flat)
- Newspaper article from: Market Asia Pacific January 1, 2003 700+ words
...increasing signs that Australia's internal demand for goods and services is softening...Demographic factors will do little to boost internal demand. According to data released by the...through 2050. Australia's slowdown in internal demand comes in spite of a relatively friendly...
- KOREAN INTERNAL DEMAND RECOVERS SLOWLY.
- Newspaper article from: Market Asia Pacific August 1, 2004 700+ words
...by strong growth in export sales. Internal demand for goods and services continues to...goods has risen at a faster pace than internal demand for comparable South Korean products...decline in sales to China, rising internal demand will soften the impact of the "China...
- SLUGGISH INTERNAL DEMAND UNDERMINES EU RECOVERY.(economic slowdown expected )
- Newspaper article from: Market Europe December 1, 2002 700+ words
...consumption through making credit more affordable. Given weak internal demand and concerns about export sales, businesses in the EU will...guarantees that there will be no significant recovery in internal demand for goods and services. Member nations of the EU seem unwilling...
- UK INTERNAL DEMAND FALTERS.
- Newspaper article from: Market Europe July 1, 2003 700+ words
Over the past two years, strong internal demand for goods and services in the United Kingdom has made it...expenditure as businesses delay expansion. The importance of internal demand to the UKs overall economic performance is underscored...