The US deficit, down from the $1 trillion-plus levels of Obama's first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring ...
Tags: budget deficit, tax rates
Sales and orders grew on the high street at a much stronger rate than had been anticipated in the year to September, with the robust pace of growth expected to continue next month, according to the CBI’s latest monthly Distributive ...
Tags: Low inflation, wage growth
Every 30 seconds, global e-commerce industry generates over $1.2 million revenue with Facebook, Pinterest and Twitter contributing $5,483, $4,504 and $4,308 respectively, according to an ASSOCHAM-Deloitte joint study. The study found that ...
Global economic growth will be muted over the next two years, Moody's Investors Service has said in a quarterly report. According to the report titled “Global Macro Outlook 2015-16: Risks to muted global growth from Chinese asset ...
Despite a disappointing start to 2015 with -0.2 GDP change in the first quarter, economic analysts are confident that America's GDP growth will hover just over 3 per cent for the rest of the year, says the Confederation of British Industry ...
Tags: US Economy, GDP growth
Global Consumer Confidence stayed relatively consistent for more than a year, declining one index point in the second quarter to a score of 96, according to global performance management company Nielsen's Consumer Confidence Index Report. ...
Tags: Consumer Confidence, economy
In its latest report, USDA has projected the global 2015/16 cotton production to decline 6 per cent from the previous season to 111.3 million bales. “Lower crops are forecast for most major cotton-producing countries in 2015/16, ...
Tags: Cotton Output, cotton production
The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...
In the 2015/16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 million tons with imports outside of China rising by 3 per cent to 6.1 million tons. In 2011/12, Chinese imports more than doubled from the ...
According to a recent report one third of all food produced in the world ends up as waste, costing consumers globally more than £259bn per year. In addition, around 200,000 tonnes of the 15 million tonnes of food thrown away in the UK ...
Tags: Packaging
According to USDA’s initial projection for the 2015 crop, US cotton production is forecast at 14.5 million bales, 11 per cent below the final 2014 crop estimate. Based on the prospective plantings report, 2015 cotton area is ...
Tags: cotton demand, cotton
The annual rate of inflation across the Group of 20 largest economies increased for the second straight month in March. Economists had forecast a smaller rise in the consumer price index (CPI) to 2.6%. Annual inflation has been running ...
According to the International Cotton Advisory Committee (ICAC), excess cotton stocks held outside China are likely to keep international cotton prices down in 2015-16. Stocks outside China are projected to surge 26 per cent to 9.4 ...
Tags: Cotton Price, Textile
Many economists are saying that the U.S. will once again be the driving force behind world growth in 2015 as the dollar growth. The U.S. economy saw an annual expansion rate of 5 percent in the third quarter of 2014, according to government ...
Tags: dollar growth, Sronger Dollar
Forget regulators and industry standards, when it comes to packaging, brand owners feel the most pressure from their customers. Not only do they expect brand consistency, but also demand that their food is well preserved, stays fresh for ...