economic rebound

Gainers

• United States Oil (NYSE: USO) up 2.33 percent to $33.40. Crude moving higher Friday following retail sales data which added a little bit of confidence to an economic rebound.
  
  Commerce Department data today had total retail sales increasing 1.1 percent in September from August. Analysts had been expecting just a 0.8 percent rise.
  
  Excluding automobiles, sales rose 0.6 percent, ahead of the 0.3 percent expected.
• iShares MSCI South Korea Index (NYSE: EWY) up 2.02 percent to $52.49.

Following a report Tuesday that home prices have now tumbled further from their peak than during the Great Depression, there was evidence Wednesday that the economic rebound from the worst recession since World War II may be sputtering.

Houston (PRESS RELEASE – May 4, 2011) – Small business owners are hiring more workers and boosting compensation in anticipation of increased business in 2011, according to the most recent Business Confidence Survey released by Insperity (NYSE:NSP), a leading provider of human resources and business performance solutions to America’s best businesses.

While 23 percent believe that an economic rebound is currently under way, 40 percent expect it to occur in the last half of 2011 or later and 35 percent remain unsure.

Cherrry Hill, New Jersey and Portland, Maine (PRESS RELEASE – June 2, 2010) — America’s small businesses have experienced a “greater” Great Recession than other business segments, and the nation’s prospects for economic recovery depend importantly on the prospects for those small businesses, according to a new report published today by TD Economics, in partnership with TD Bank, America’s Most Convenient Bank®.

The economic rebound last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to stay stubbornly high this year.

India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound.

Mountain View, California (PRESS RELEASE – March 13, 2010) – Small businesses are showing signs of an economic rebound.

This is the main finding of the just-released Intuit Small Business Employment Index, a new, monthly report that provides unique, near real-time insight into employment trends of the smallest of small businesses.

Evidence that the economic rebound remains sluggish emerged from reports Thursday on new claims for unemployment aid and orders to U.S. factories.

The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought.

The economic rebound in developed economies is still timid and not enough to make a dent in unemployment, the Organization for Economic Co-operation and Development said Thursday.