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South Korea's economy grew at an unexpectedly robust 3.2 percent annual rate in the second quarter Justin Layne Steelers Jersey , driven by firmer domestic consumption and capital investment, but analysts said the lift would probably be temporary.


The June quarter's annual 3.2 percent outperformed a poll forecast of 2.9 percent, and topped the 2.8 percent year-on-year growth seen in the first quarter. It was the fastest expansion seen since third-quarter 2014.


Gross domestic product expanded 0.7 percent in April-June Diontae Johnson Steelers Jersey , following 0.5 percent growth in the first quarter, Bank of Korea (BOK) estimates showed on Tuesday.


Analysts at Australia and New Zealand Banking Group said it would be "beyond surprising" if this economic momentum were to continue.


"The challenges that lie ahead for the South Korean economy in terms of the scope of corporate debt restructuring in a low-trade environment (and with monetary policy nearing its lower limit) are formidable," ANZ said in a note.


The data were in line with a median 0.7 percent seasonally adjusted gain tipped in a Reuters survey and matched 0.7 percent growth in the fourth quarter of 2015.


Markets shrugged off the data as offshore factors diverted investor attention.


Although Tuesday's news offered some hope as Asia's fourth-largest economy struggles to escape low growth Devin Bush Steelers Jersey , an ongoing overhaul of the country's shipping and shipbuilding industries may prove a hurdle as tens of thousands of jobs are expected to be lost in the process.


Exports have been falling since January 2015 and policymakers see headwinds hindering private consumption.


South Korea will submit a $9.7 billion supplementary budget to parliament later on Tuesday, which will focus on creating 68,000 new jobs to make up for the severe job cuts.


In a surprise move Joshua Dobbs Youth Jersey , the Bank of Korea cut interest rates to a record-low 1.25 percent in June, and most market analysts see one more cut by year-end.


Capital investment rose 2.9 percent after tumbling 7.4 percent in the first quarter. This was the fastest rise seen since it posted 3.5 percent growth in the fourth quarter of 2014, but a BOK official said a sustained recovery in capex was doubtful anytime soon.


Private consumption rose by a seasonally adjusted 0.9 percent in the second quarter after slipping 0.2 percent over January-March period Cameron Sutton Youth Jersey , but it was mostly on temporary factors such as an expired tax benefit scheme for local car purchases.


The Bank of Korea and the government currently estimate this year's GDP growth at 2.7 percent and 2.8 percent, respectively.





Is Local Search Online or Print Yellow Pages Being Used More?

Author: Lynn Jebbia




Search engines have become the first choice used for local search plus getting listed on Google and Yahoo for local search is free. TMP Directional Marketing (TMPDM) recently released the results of their 2nd annual<芒鈧?http:www.marketwirepress-releaseTmp-Direction...blog08-10-27>; Local Search Usage Study. For the first time, according to the study Mason Rudolph Youth Jersey ,脗聽 the first source used for local search are Search Engines with 31% of users but right behind it at 30% are the print Yellow Pages or White Pages. Last year芒鈧劉s study ranked print yellow pages first with 33% of users followed by Search Engines at 30% of users. The number of people using local search over the yellow pages will continue to increase.脗聽 To me, it should increase for no other reason than to save trees. It芒鈧劉s ridiculous, particularly in large cities with huge directories James Washington Youth Jersey , the number of trees that are cut to produce the paper for these directories.




Eighty six per cent of respondents said they have a print directory in their home. I must admit it is hard to imagine not having the yellow pages脗聽 isn芒鈧劉t it? I have one right behind my computer monitor but I still go to local search on Google first. Habit or laziness call it what you will but I usually only resort to the print yellow pages when I can芒鈧劉t find it online.




For small businesses continuing to advertise in the yellow pages is a big decision. It is very expensive and doesn芒鈧劉t provide the metrics that online advertising provides to determine if it is working. It makes it really important to track calls to see how people are finding your business. Doing this can help you best determine your advertising choices next year.




All businesses with a local presence should put their listing in Google Local Business Center脗聽 and Yahoo! Local.脗聽 They can really generate a lot of leads for your business free of charge. The Google Local Business Center allows you to list your business on Google localGoogle maps for free. Google Local also pulls results from Verizon Superpages and other trusted sources. If you are a service business working from home you can use a P.O. Box located at the center of the area you want to market to for your listing. You can also use Google Adwords to buy local ads on Google Maps. <芒鈧?http:listings.local.yahoo 芒鈧?gt;Yahoo! Local offers basic listings that are free. You need a physical address to list your business in Yahoo! Local however.






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