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IHS News Releases - Economics & Country Risk

Economics

  • 7/27/16 10:00 am EDT
    2016 July IHS PEG ECCI

    Index slightly below neutral mark in July, led higher by the materials/equipment price index

    Construction costs almost hit the neutral mark in July, according to according to IHS Markit (Nasdaq: INFO) and the procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index registered 49.8 this month, up from 48.1 in June. The headline index has been consistently below the neutral mark for past the 19 months. An uplift in materials and equipment prices was not enough to shift the pricing environment higher, due to lower escalation in labor costs.more...
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  • 7/25/16 5:30 am EDT

    85,000 security personnel for Brazil’s Olympic Games double number at London in 2012

    LEXINGTON, Mass.--(BUSINESS WIRE)--The main threat to visitors of the 2016 Olympic Games in Rio de Janeiro is street robbery: having wallets, mobile phones, purses, or jewelry stolen, sometimes with the threat or use of violence. Those venturing outside tourist zones and Olympic sites are at particular risk, according to Rio City Risk Intelligence from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. “A total of 85,000more...
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  • 7/20/16 5:00 am EDT

    Will reduce growth in world’s largest economies; U.K. growth to drop from 2.4 percent to 0.2 percent and Eurozone to drop to 1.1 percent in 2017

    LEXINGTON, Mass.--(BUSINESS WIRE)--The United Kingdom’s vote to leave the European Union will reduce global growth from 2.5 percent to 2.4 percent in 2016 and from 3.1 percent to 2.7 percent in 2017, according to the Global Link Model from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. Impact on the nine largest countries or regions, as measured by gross domestic product (GDP), will be varied, with The United Kingdom and Eurozone themore...
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  • 7/10/16 5:15 am EDT
    Islamic State territorial losses between January 2015 and July 2016

    Governance project failing so group is re-prioritizing insurgency; New IHS Conflict Monitor map shows areas under control and territory lost in past 18 months  

    Territory controlled by the Islamic State shrunk by 12 percent in the first six months of 2016, according to new analysis released today by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. In 2015, the Islamic State’s caliphate shrunk by 12,800 km2 to 78,000 km2, a net loss of 14 percent. In the first six months of 2016, that territory shrunk again by 12 percent. As of 4 July 2016, the Islamic State controls roughly 68,300 km2 in Iraq and Syria, which ismore...
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  • 7/5/16 8:31 am EDT
    2016 June Paychex IHS Small Business Jobs Index
    • Small business job growth increases 0.21 percent in June, reversing May’s decline
    • South Atlantic claims top spot among regions, hitting record-level growth
    • Washington remains top-ranked state for sixth consecutive month
    • Seattle continues as top metro 
    • Construction industry has strongest gain in more than three years
    The Paychex | IHS Small Business Jobs Index rebounded 0.21 percent in June, increasing to 100.81, reversing the May decline of 0.18 percent. The second quarter of 2016 saw an overall gain of 0.07 percent, despite significant movement in the index month-to-month. The change in the pace of small business employment growth from May to June was the largest the national index has seen since June 2013. With a strong one-month growth rate, the South Atlantic hit a record level in June at 101.96 tomore...
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  • 6/29/16 10:00 am EDT
    2016 June IHS PEG ECCI
    Construction costs fell once again in June, according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). The headline current IHS PEG Engineering and Construction Cost Index (ECCI) registered 48.1 this month, down from 49.3 in May. The headline index has been consistently below the neutral mark for the past 18 months. Although it had been rising towards the neutral mark since January’s low point, the headline index reversed this trend in June.This month, the currentmore...
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  • 6/17/16 10:19 am EDT
    ENGLEWOOD, Colo. (June 17, 2016) – With South America’s total defense spend equivalent to roughly 1.2 percent of the region’s gross domestic product (GDP), the lingering economic crisis plaguing the region will continue to force budget cuts through 2020. IHS Inc. (NYSE: IHS), the leading global source of critical information and insight estimates that between 2015 and 2020, South America’s cumulative defense spend will be USD$238 billion, or 11 percent lower than the previous five years, whenmore...
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  • 6/13/16 12:26 pm EDT

    Consensus Economics says IHS macroeconomic forecasters best overall for predicting growth, inflation in 2015

    IHS Global Insight produced the most accurate forecasts of gross domestic product and inflation for Thailand in 2015, according to Consensus Economics. IHS Inc. (NYSE: IHS) is a leading global source of critical information and insight.Consensus Economics surveyed the world’s leading forecasters for their predictions for gross domestic product (GDP) and inflation for 45 nations in industrialized countries, Asia Pacific, Eastern Europe and Latin America over a 24-month forecasting cyclemore...
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  • 5/31/16 10:51 am EDT
    • Small business job growth declined 0.18 percent from April
    • East South Central jumps to top spot among regions
    • Washington remains top-ranked state, with its fifth consecutive increase in 2016
    • Seattle continues to hold the top spot among metro areas, hitting a record level
    • Small business employment growth slowed in every industry sector
    Rochester, N.Y. (May 31, 2016) – The Paychex | IHS Small Business Jobs Index declined 0.18 percent in May, from 100.77 to 100.59, following steady results in March and April. Altogether, however, the pace of small business employment growth has increased 0.22 percent since the start of 2016. At 101.72, East South Central jumped to the top spot among regions, gaining 0.40 percent, the best one-month growth rate. Washington remained the top-ranked state index, with its fifth consecutive increasemore...
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  • 5/27/16 5:36 am EDT

    Revenue from taxation has decreased by 23 percent; $18 a month per household charge for electricity and water, but $100 fine and lashings for possessing alcohol

    LONDON--(BUSINESS WIRE)--In response to their worsening financial situation, the Islamic State is continuing to increase, taxes and fines throughout its territory and in some cases introducing new ones. New analysis released today by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, reveals new information on the group’s centralized and pervasive taxation system. “Taxation makes up about 50 percent of the Islamic State’smore...
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