...QUARTER 2, 2012 CONSUMER CONFIDENCE, CONCERNS AND SPENDING INTENTIONS AROUND THE WORLD 91 Global consumer confidence index declined three points to 91 • Discretionary spending and saving decreased globally across all sectors • More than two-thirds (67%) of respondents changed spending habits to save on expenses • Concern for the economy and job security remained Global consumer confidence declined three index points to 91 in Q2 2012 amid a worsening Euro zone crisis, lackluster U.S. job growth and China’s downward GDP revision for 2012, according to consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy. “Consumers are clearly proceeding with caution in relation to their spending intentions,” said Dr. Venkatesh Bala, chief economist at The Cambridge Group, a part of Nielsen. “Consumer confidence lost momentum in the second quarter as global events, including a worsening Euro zone crisis coupled with slowing growth rates in China and India, impacted financial markets and consumer sentiment in many parts of the world. As renewed volatility entered global markets, consumers reacted by reining in spending and consumption intentions.” In the latest round of the survey, conducted between May 4 and May 21, 2012, consumer confidence declined three points to 100 in Asia Pacific, four points to 88 in North America, and two points to 96 in Latin America. An increase of one point each in Middle...
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...Airlines also earn revenue from transporting cargo, selling frequent flier miles to other companies and up-selling in flight services. But the largest proportion of revenue is derived from regular and business passengers. For this reason, it is important that you take consumer and business confidence into account on top of the regular factors that one should consider like earnings growth and debt load. (For more about the consumer confidence survey, see Economic Indicators: Consumer Confidence Index.) Business travelers are important to airlines because they are more likely to travel several times throughout the year and they tend to purchase the upgraded services that have higher margins for the airline. On the other hand, leisure travelers are less likely to purchase these premium services and are typically very price sensitive. In times of economic uncertainty or sharp decline in consumer confidence, you can expect the number of leisure travelers to decline. It is also important to look at the geographic areas that an airline targets. Obviously, more market share is better for a particular market, but it is also important to stay diversified. Try to find out the destination to which the majority of an airline's flights are traveling. For example, an airline that sends a high number of flights to the Caribbean might see a dramatic drop in profits if the outlook for leisure travelers looks poor. A final key area to keep a close eye on is costs. The airline industry...
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...HUL moves from Rural to Urban India FMCG is an industry not built on product innovation like pharmaceuticals or user experience like the Tech. Industry. This is an industry where your product has to gain shelf space at the grocer where most of the people in a community go to replenish their daily needs. The regular grocers and the provision stores (Mom & Pop variety) are already accounted for and do not have much potential left in terms of increasing the current customer base. India is still predominantly agriculture driven economy and as a country 70% of its citizens dwell in the rural hinterland.Hindustan Lever in India (the Indian subsidiary of Unilever, now known as Hindustan Unilever)were the pioneers to practice the Bottom of the Pyramid.The concept by C.K.Prahallad emphasised on leveraging profit from rural India.Its mission is to add Vitality to life. We meet everyday needs for nutrition, hygiene and personal care with brands that help people feel good, look good and get more out of life.HUL reached its heights as it worked making tap the untapped in the rural India.Be it Nirma,Lifebuoy or sachets of sunsilk or name the product it was sold in kiosk in rural India and entailed high volume of profit.The wheel of economy is rotating and now the situation is other way round where in a weak monsoon is largely to blame for sluggish demand in rural India, which accounts for nearly half of HUL’s domestic sales.The current economic and political environment depicts that India’s...
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...------------------------------------------------- The Prime Minister's Economic Advisory Council (PMEAC) has pegged India's growth at 8.2 per cent for 2010-11 and 9 per cent in 2011-12, expecting the agriculture, industrial and services sectors to perform well through the next two years. ------------------------------------------------- India's industrial output grew at its fastest year-on-year pace in almost two decades at 16.8 per cent in December 2009, signalling a strong recovery. The manufacturing sector that constitutes around 80 per cent of industrial output, expanded by 18.5 per cent to set the pace of growth. ------------------------------------------------- India ranks second with 117 points in consumer confidence in the fourth quarter of 2009, according to the Nielsen Global Consumer Confidence survey. ------------------------------------------------- The Indian retail market, which is the fifth largest retail destination globally, has been ranked as the most attractive emerging market for investment in the...
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...A statistical analysis of consumer confidence and unemployment numbers An analysis in R Clemens Timmermans (s0867144) 5/1/2009 INTRODUCTION Statistics matters. CBS.nl presents Dutch facts every month and to make sense of this data statistical analysis is a must. Without this kind of analysis these numbers are just numbers without meaning. For this paper the input came from CBS.nl as well, and here I will outline what the predictive capability of the consumer confidence indicator is for unemployment rates in the Netherlands. There could be a possible causal relationship between customer confidence and unemployment numbers because the consumer confidence indicator is assumed to be an indicator of their buying behavior and therefore may influence employment numbers, because products may or may not have to be produced if customers start or stop buying them. In this paper we will explore the data and see if there is such a causal relationship. Of course, a misinterpretation of numbers due to statistics is a problem that is lurking, and should be taken seriously. Therefore constructing conclusions in a valid way is important and by showing my full line of thought this is how I try to avoid, or at least expose, interpretation errors. The reason that this type of research has value for business is that the knowledge obtained in this paper may be an input into decision making about hiring new employees for instance. Furthermore, it is important to know how long it takes in general...
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...Gene One is a biotechnology company on the verge of making some concrete decisions that would affect the future of the company and its employees. The purpose of this paper is to analyze the situation that Gene One is currently facing and identify the challenges facing the company and opportunities that might result from dealing with this problem. Situation Background Gene One entered the biotechnology industry in 1996 after the team discovered a groundbreaking gene technology that eradicated diseases in tomatoes and potatoes. This discovery pleased consumers, as they no longer needed to by products tainted by chemicals. It also pleased farmers, as they no longer needed to use pesticides when growing plants. Gene One became very successful and speedily grew into a $400 million company in a period of eight years. Over time, Wall Street began to have an interest in biotechnology and investors are beginning to build confidence in the industry. To keep up with the growing competition and ever changing global market, Gene One would have to keep up with its competition. In order to remain at the forefront of the competition, Gene One’s management team believed that they would have to go public within the next three years. However, in order to be successful in its endeavors, Gene One needs IPO capital for new development, marketing and advertisement. Gene One’s CEO and his Board have devised a clear strategy with the help of key members in the investment community. By implementing...
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...“A STUDY ON CONSUMER CONFIDENCE INDEX FOR THE RESIDENTS OF CITY LUDHIANA” MAJOR RESEARCH PROJECT Submitted to PUNJAB TECHNICAL UNIVERSITY In partial fulfillment of Requirement for degree of MASTER OF BUSINESS ADMINISTRATION BY SARGAM NAGRATH (University Roll no- 1335890) DEPARTMENT OF MANAGEMENT PUNJAB COLLEGE OF TECHNICAL EDUCATION BADDOWAL, LUDHIANA AFFILIATED TO: Punjab Technical University, Jalandhar 2013-2015 CERTIFICATE This is to certify the thesis/dissertation entitled ‘Consumer Confidence Index For The Residents Of City Ludhiana’ submitted for the degree of M.B.A in the subject of Finance of the Punjab Technical University is a bonafide research work carried out by Sargam Nagrath (MBA HR & Finance), University Roll no( 1335890) and no part of this thesis/dissertation have been submit by any other degree. The assistance and help received during the course of investigation have been fully acknowledged. Major Advisor: Mrs. Pallavi Dawra ...
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...Assignment Template for Individual Assignments Subject Code: ECON10003 | Subject Name: Introductory Macroeconomics | Student ID Number: 642782 | Student Name: Jesslyn Ethelind Ng | Assignment Name or Number: 1 | Question 1 a). For the March 2013 to March 2014 period, Australia experienced a decrease on its GDP growth from 3.1% to 2.7%, whereas United States, experience a significant GDP growth from 1.6% to 3.1%. For the December 2013 to March 2014 period, Australia experienced an increase of GDP growth from 2.3% to 2.7%, while United States also experience an increase from 2.3% to 3.1%. b). Australia Category | Seasonally Adjusted | Trend | | Value ($m) | Percentage (%) | Value ($m) | Percentage (%) | Final Consumption expenditures | | General Government | 68449 | 0.4 | 68422 | 0.3 | Households | 209845 | 0.6 | 209729 | 0.5 | Total Gross Fixed Capital Formation | | Private | 86023 | -2 | 87453 | 1 | Public | 18292 | -0.6 | 17460 | -5 | Export | 90734 | 2 | 92121 | 4.8 | Import | 76845 | -1.6 | 77003 | -1.4 | Export has the highest growth of rate in Australia both in seasonally adjusted and trend with 2% and 4.8%. And Private gross fixed capital formation has the lowest rate of growth with -2% in according to seasonally adjusted, whereas according to trend public gross fixed capital formation has the lowest rate of growth with -5%. United States Category | Percentage of Changes (%) | Personal Consumption expenditure | 1.2 | ...
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...based on economics principles, theories and concepts against the backdrop of conceptual and analytical thinking. Visit the web sites or similar ones containing national economic data. National Economic Accounts at the Bureau of Labor Statistics at http://www.bea.gov , Bureau of Labor Statistics at http://www.bls.gov/data/, The Conference Board at http://www.conference-board.org/economics/indicators.cfm, US Census Bureau at http://www.census.gov/mtis/www/mtis_current.html, National Bureau of Economic Research at http://www.nber.org/releases/, The Federal Reserve at http://www.federalreserve.gov/releases/h15/update/ Review the most recent 8 – 12 months of data on real GDP growth, inflation/CPI, unemployment, Interest rates, consumer confidence index, consumer sentiment index, inventory level, and other relevant economic data. Based on the collected data, analyze the current macroeconomic situation and its impact on any two(2) Monopolistically competitive firms of your choice. Explore in particular how the two companies’ respond to the macroeconomic conditions in terms of their: • stock performance, • current and future sales revenue, • current and future profits, • labor costs, and • hiring decisions. Your paper should be double-spaced, font-size 12 Times New Roman, using the headings below, should not exceed four pages (cover, appendices , reference pages, charts and graphs not included) and should meet the APA format and reference requirements. Also, all references...
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...principles, theories and concepts against the backdrop of conceptual and analytical thinking. Visit the web sites or similar ones containing national economic data. National Economic Accounts at the Bureau of Labor Statistics at http://www.bea.gov , Bureau of Labor Statistics at http://www.bls.gov/data/, The Conference Board at http://www.conference-board.org/economics/indicators.cfm, US Census Bureau at http://www.census.gov/mtis/www/mtis_current.html, National Bureau of Economic Research at http://www.nber.org/releases/, The Federal Reserve at http://www.federalreserve.gov/releases/h15/update/ Review the most recent 8-12 months of data on: • real GDP growth, • inflation/CPI, • unemployment, Interest rates, • consumer confidence index, • consumer sentiment index, • inventory level, and other relevant economic data. Based on the collected data, analyze the current macroeconomic situation and its impact on any two(2) Monopolistically Competitive firms of your choice. Explore in particular how the two companies’ respond to the macroeconomic conditions in terms of their: • stock performance, • current and future sales revenue, • current and future profits, • labor costs, and • hiring decisions. The write-up must be done in the APA format, using the headings provided below, double-spaced, font-size 12, Times New Roman. Also, all references must be carefully cited in the APA format (Wikipedia not allowed as reference sources Please!!). Academic sources...
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...on economics principles, theories and concepts against the backdrop of conceptual and analytical thinking. Visit the web sites or similar ones containing national economic data. National Economic Accounts at the Bureau of Labor Statistics at http://www.bea.gov , Bureau of Labor Statistics at http://www.bls.gov/data/, The Conference Board at http://www.conference-board.org/economics/indicators.cfm, US Census Bureau at http://www.census.gov/mtis/www/mtis_current.html, National Bureau of Economic Research at http://www.nber.org/releases/, The Federal Reserve at http://www.federalreserve.gov/releases/h15/update/ Review the most recent 8 – 12 months of data on real GDP growth, inflation/CPI, unemployment, Interest rates, consumer confidence index, consumer sentiment index, inventory level, and other relevant economic data. Based on the collected data, analyze the current macroeconomic situation and its impact on any two(2) Monopolistically competitive firms of your choice. Explore in particular how the two companies’ respond to the macroeconomic conditions in terms of their: • stock performance, • current and future sales revenue, • current and future profits, • labor costs, and • hiring decisions. Your paper should be double-spaced, font-size 12 Times New Roman, using the headings below, should not exceed four pages (cover, appendices , reference pages, charts and graphs not included) and should meet the APA format and reference requirements. Also, all references...
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...customers are taking greater pride in finding value UK consumers are feeling worse about the economy than they did last month, despite the end of recession, the latest consumer confidence survey from financial research firm GfK says. Retailers say this is causing a change in shoppers' spending habits. Last week, the boss of Debenhams said: "We believe customers are acclimatised to the new economic reality." The boss of Tesco told BBC News his customers were, "resigned that this is the new norm". "They don't have great expectations that things are going to improve in the short term," he said. In 2008 and 2009, retailers say, people were spending like they were expecting a recovery, believing that if they kept their jobs their wages would rise with inflation. Four years on, rising fuel prices and sub-inflation pay rises are hitting their spending power, and they cannot see where an improvement is going to come from. While there was more growth than had been expected in the UK economy in the three months to the end of September, many analysts are predicting another contraction in the final quarter of the year. 'No going back' "There is a new mindset among consumers," said Patrick O'Brien from the retail analysts Verdict Research. "Even a year or two ago it was possible things would return to how they were before the credit bubble burst in 2008, but now it is clear there is no going back." Consumers are responding by going to greater lengths to save money...
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...intimate. The background noise was filled with a light roar of the other group’s conversation, and a jazz station played quietly from the speakers overhead. Person A was a male around the age of 22. He was tall and thin with a short dark haircut and a brown eye. The first nonverbal observation I made of person A was the way he was dressed. He had on a blue button down shirt and a pair of dark jeans. His clothing was coordinated with a pair of brown shoes. I think he took his time to match up his all outfit because everything was on point. The verbal Expression I picked up was how he was nervous. He was careful about everything he said. He looked like he was scared he might say the wrong thing and ruin the date. He didn’t have much self confidence at that moment but the more they communicate the less nervous he become and easier to talk to. Person B was a Female around the age of 21. She was pretty tall and thin as well. She had long black hair with big golden hoops. I made the same nonverbal observation about person B as well. She was dressed in a short red dress with a really high black hill, golden wallet and golden hoops. It looked like she took her time as well as she was dressed. Her red lipstick goes perfectly with...
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...LSI : Life Styles Inventory MGMT591 – Dr. Hallcom 9/13/2013 The Life Styles Inventory survey, provided by Human Synergistics International, measures a person’s personal orientation toward thinking and behaving. The questions contained in the survey measure twelve styles related to the thoughts and attitudes that motivate a person’s behavior, how a person might relate to others, and how a person might problem solve and/or make decision (“What lsi measures”, 2012). Various psychologists and management scholars, i.e. Maslow, Hertzberg, etc., influenced the questions presented in the survey. The goal is to use the results to examine my strengths and those other areas that need improving. My styles profile is broken into three parts: constructive styles, passive/defensive styles, and aggressive/defensive styles (“Your lsi styles,” 2013). Of the twelve styles, my primary style is ‘achievement’ and my backup style is ‘approval’. These styles have the greatest influence on my behavior. In selecting that slice of my circumplex, the achievement style is characterized by “a focus on achieving a standard of excellence; the knowledge that individual effort counts,” and “a belief in the benefits of asking for and giving honest feedback” (“Your lsi styles,” 2013). Most of the items that comprise the achievement style manifest itself in my personal- and work-life. For example, I enjoy being busy, learning more, taking on difficult tasks and accomplishing them. I pride myself in...
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...spacing it from the top and then check the position on “print preview”. You can also consider giving it a title or at least, write your name and date so it can be identified. Unless, of course, they do NOT want you to identify it with a name. ??) Ever since I was a child, I’ve always wanted to become a brain surgeon, because I want to help people and make a difference in the medical field. My immediate goals are (goal is) to graduate from high school with a diploma and a high GPA. Next I hope to get accepted into my first four year university where I can continue with (consider deleting it) my education. Being a part of ASPIRA has help (has + past participle = helped) to improve my leadership qualities (as well as my self confidence). It also has allowed me the opportunity to receive individual guidance in preparation for my future (like) applying to universities and scholarships, as well as preparing for a job interview. These steps can be complicated and frightening, but receiving the encouragement and support from ASPIRA, I feel more confident that I will be able to achieve my goals. I don’t know where else I would be able to get this invaluable help. I am in need of financial assistance in order to attend college, because the career I am trying to pursue will require lots of money and I am a low income student. I only have one parent to support me and it will not be easy for my dad to pay for my school and take care of my other siblings. I am the first child...
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