Articles About HIS Global Insight
- Author:
- Mike Ochs
- Posted:
- 05.14.2012
House Prices At 2002 Levels
The S&P/Case-Shiller home price index of 20 cities revealed a 3.5 percent decline when compared with last year. Home prices are now at their lowest levels since November 2002. “Nine (housing markets) hit post-bubble lows,” said David Blitzer, spokesman for S&P, including Atlanta, Charlotte, Chicago, Las Vegas and New York. “While there might be pieces […]
- Author:
- James I. Clark III
- Posted:
- 04.18.2012
Rising Unemployment Could Push Eurozone Into a Double-Dip Recession
Europe’s unemployment has soared to 10.8 percent, the highest rate in more than 14 years as companies from Spain to Italy eliminated jobs to weather the region’s crisis, according to the European Union’s (EU) statistics office. That’s the highest since June 1997, before the Euro was introduced. European companies are cutting costs and eliminating jobs […]
- Author:
- Catalina Parada
- Posted:
- 01.23.2012
A Tale of Two Countries in the Eurozone: Germany and Spain
The unemployment rate in Germany declined more than predicted in December as car and machinery exports boomed and one of the mildest winters on record helped construction jobs. The number of jobless people declined a seasonally adjusted 22,000 to 2.89 million, according to the Nuremberg-based Federal Labor Agency. Economists had forecast a decline of 10,000. The […]