The United States has exhibited emerging-market growth this year in advertising, Sir Martin Sorrell, CEO of WPP Group, the world’s largest advertising agency told CNBC Friday.
From the looks of the latest economic forecast by the National Association for Business Economics, 2011 isn't looking so good. And that could send the S&P higher, to 1172!
The US economy lost 95,000 jobs in September, pushing the unemployment rate to 9.6%. The small growth in the private sector, with 64,000 jobs added in September, was offset by the large cuts in government workers, down 159,000.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Jobs won’t come back in the short term, until companies need to hire, Neville Isdell, former CEO and chairman of Coca-Cola, told CNBC Wednesday. But it’s a long-term employment strategy, led by education, that the US lacks and needs to address, said Isdell.