Private equity investment can play a critical role in promoting job growth, higher wages, better benefits and overall economic development in the nation’s growing minority communities, according to a new study released by the National Association of Investment Companies (NAIC).
Agency
RTNDA: Less Hispanic in Broadcasting.
The percentage of women working in local television and radio news reached a new high, according to the RTNDA/Hofstra survey of Women and Minorities in local news. The survey also showed that the percentage of journalists of color working in local radio and television news fell, led by a 10 percent drop in the number of Hispanic staff working for Hispanic television stations.
Businesses to increase or maintain Marketing Budgets in 2nd Half of 2009.
Even in the midst of the current recession, 42 percent of nearly 1,000 global business leaders polled plan to increase marketing budgets in 2009, and an additional 43 percent plan to maintain current levels.
Some Advertising Shines in Dark Times.
According to the “Media Advertising Forecast” from MAGNA, nearly all media sectors will experience advertising spending declines in 2009. Download report.
The United States in 2020 – A very different place.
Economic hard times to come stem from simple demographics…
Latin GRAMMYs Brand Partnerships Engine.
The Latin GRAMMYs Recording Academy announced the outsource appointment of Liliana Gil- Vice President of Marketing Strategy and Managing Partner of Acento Group, as Executive Marketing Strategist and Advisor to the Latin Recording Academy and the Latin GRAMMY Awards.
Consumer Confidence Index Rises.
Consumers’ hopes for an end to the Global Economic Crisis have been bolstered in the 2nd Quarter 2009, according to a Nielsen Global Consumer Confidence Survey. The Nielsen Global Consumer Confidence Index, conducted in 28 markets in June 2009, rose to 82 – an increase of 5 points (from 77) from March 2009 – spurred by renewed consumer optimism and stock market gains in BRIC markets (Brazil, Russia, India, China) and key Asian countries.
Racial disparities in unemployment vary widely by state.
The labor market crisis is breaking national records each month, with no end in sight. The heaviest burden is falling on blacks and Hispanics, who are contending with much higher unemployment rates than whites nationally—about one-and-a-half times as high for Hispanics and twice as high for blacks.
