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Small Business Owners Are Resilient Survivors Who Expect a Promising Year Ahead According to 2010 U.S. Bank Annual Survey

added: 30-07-2010

Small business owners are signaling confidence in their own businesses despite their belief that the economic recession will continue into 2011, according to results of the 2010 U.S. Bank Small Business Annual Survey. The survey also revealed common characteristics of small business owners today. They are resilient survivors who are always on the go. They make time for friends and family, and giving back to the community is a priority.

U.S. Industrial Sector Improving, but Recovery Remains Bumpy

added: 30-07-2010

The U.S. economy absorbed industrial space for the first time in 18 months, according to a new report released by Cassidy Turley.

Stronger IT Budget Expectations Fuel Emerging Pockets of Optimism in IT Job Market

added: 30-07-2010

Almost half (48 percent) of IT decision makers in the public and private sector anticipate increased IT budgets in the next six months, up 10 percentage points from this time last year.

Bankrate: Mortgage Rates Reset Record Lows

added: 30-07-2010

Mortgage rates were lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.71 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

The Conference Board Consumer Confidence Index® Declines Again in June 2010

added: 29-07-2010

The Conference Board Consumer Confidence Index® which had declined sharply in June, retreated further in July. The Index now stands at 50.4 (1985=100), down from 54.3 in June. The Present Situation Index decreased to 26.1 from 26.8. The Expectations Index declined to 66.6 from 72.7 last month.

Metropolitan Area Employment and Unemployment in June 2010

added: 29-07-2010

Unemployment rates were lower in June than a year earlier in 185 of the 372 metropolitan areas, higher in 168 areas, and unchanged in 19 areas, the U.S. Bureau of Labor Statistics reported. Twelve areas recorded jobless rates of at least 15.0 percent, while 6 areas registered rates below 5.0 percent. The national unemployment rate in June was 9.6 percent, not seasonally adjusted, compared with 9.7 percent a year earlier.

Among Home Buyers, Satisfaction With Real Estate Companies Increases

added: 29-07-2010

Reflective of the real estate buyers' market conditions in many regions in the U.S., satisfaction with real estate companies among home buyers has improved from 2009, while satisfaction among home sellers has declined, according to the J.D. Power and Associates 2010 Home Buyer/Seller Study(SM).

NSBA Releases Economic Report: Outlook Dismal

added: 29-07-2010

NSBA released its 2010 Mid-Year Economic Report which shows small businesses facing the most difficult business climate they've faced in the last 3 years. The report, conducted on-line June 23 through July 14 among 400 small-business owners, shows 41 percent of small businesses are unable to garner adequate financing. Despite a slight increase in optimism just six months ago, small businesses today report decreases in nearly every indicator including business confidence, revenues, job growth, and growth projections.

TrueCar Forecasts July Auto Sales and Incentives Spending

added: 29-07-2010

TrueCar.com, the authority on new car pricing, forecasted that July 2010 light vehicle sales (including fleet) in the U.S. is expected to be 1,042,543 units, an increase of 6% from this time last year and a jump of nearly 5% from June 2010 (on an unadjusted basis). July's forecast translates into a SAAR level of 11.8 million new car sales.

Wells Fargo: Small Business Owners Continue to See Lower Business Prospects

added: 28-07-2010

Though their concerns about credit availability have stabilized, fewer U.S. small business owners expect revenues, cash flow, capital spending and hiring to increase over the next 12 months, according to the latest Wells Fargo/Gallup Small Business Index, conducted in July. The lower expectations for business prospects contributed to a 17-point decline from April in the survey’s index of business owner confidence, finishing at (-28), the lowest score since the survey’s inception.

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