Archive for April 2011

The growth in the USA

April 3, 2011

There are many positive news from the USA and elsewhere: the Merger and Acquisition activity has increased 26% during the Q1 in 2011 against 2010, in Europe M&A growth reached 27%, the Business Roundtable (US executives) and NFIB survey on small businesses expect investing and hiring activity to pick-up as well, and the global fundraising has increased by 12% according to Financial Times. However M&A activity in emerging markets shows to have declined by 14% – the focus is shifting towards Europe!

Very interesting is the development in the labor market. According to the US Department of Labor (on April 1st 2011) the non-farm payroll employment increased by 216.000 in March and the unemployment rate was 8,8% (drop of 1 % point). There were more jobs in professional and business services, health care, leisure and hospitality, and mining. It was also a good news that the manufacturing jobs have started to show growing figures (according to ADP around 37.000). The claims for unemployment have fallen below the 400.000 mark that is regarded historically as a sign for a recovery. The most(around 50%) of the new jobs were created in companies employing less that 50 people.

Despite the oil price hike, earth quake and tsunami in Japan, and unrest in Arabic region the world economy is on the growth path and the US economy is finally helping with. It looks really promising now!