Tourism is increasingly becoming a major industry for many countries. International travel is growing in many emerging countries due to rising income levels and easier access to travel abroad. Globally, tourism spending totaled US$1.03 trillion in 2011 for increase of 3.8% over 2010 levels. The top three countries in international tourist arrivals ranked in order are France, …
Continue reading ‘Market Share of the Global Tourism Industry’ »
During the great recession between 2006 and 2009 the unemployment rate in advanced countries increased more than in emerging countries. However the change in unemployment between developed countries rates has varied significantly. Some countries such as Australia and Japan fared better while countries like Spain, Ireland, etc. experienced a strong growth in the unemployment rates. …
Continue reading ‘Why Unemployment Rate Varies Widely Among Developed Countries’ »
U.S. companies save more than governments and individuals. This is especially true in the past few years as companies started hoarding cash instead of reinvesting them or distributing them to investors. According to one estimate, U.S. corporation held more than $1.7 Trillion in cash and equivalents at the end of March this year. The chart below shows the gross national savings between …
Continue reading ‘U.S. Corporate, Government and Personal Savings from 1940 to 2010’ »
Trading volumes in both the New York Stock Exchange (NYSE) and NASDAQ (NAS) have increased since the start of the 21st century.Some of the the reasons for the rise in trading volumes include high volatility in the markets, investor anxiety, high-frequency trading (HFT), short-term trading by hedge funds, etc.While dramatic fall in share prices in the past few years have …
Continue reading ‘Stock Trading Volume in NYSE and NASDAQ From 2001 To 2010’ »