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Californian Housing Sector Dropped by 37% in May 2008
Jul 14, 2008 - New home production in California dropped by about 37% in May 2008 over May 2007 and will continue to decline in 2008, says CBIA. CBIA (California Building Industry Association) said that production of new homes in California
GDP Growth in MENA Region Is Expected to Remain Sluggish
Jul 09, 2008 - The economy of MENA region is expected to grow slowly at 5.1% by 2010 due to low oil demand in international market, rising food prices and sluggish growth in other industries. The World Bank says that the GDP (Gross Domestic
South Korea?s Export Grew at Fastest Pace of 27.2% in May 2008
Jul 08, 2008 - The South Korean export increased 27.2% in May 2008 due to high overseas demand for electronic products, depreciation in domestic currency and government support. According to the Ministry of Knowledge Economy, the export from
Australian Government Supporting Housing Industry with Community Housing Schemes
Jul 08, 2008 - The Australian government is giving support to the housing industry by providing affordable homes to people under community housing schemes. The Australian state government has disclosed that it would provide affordable houses
South African Economy Grew at Slowest Pace in Q1 of 2008
Jul 05, 2008 - The South African economy grew at the slowest growth rate in the first quarter of 2008 due to power shortage, rising inflation and declining consumer spending. According to Statistics South Africa, the South African economy grew
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