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comScore Reports $29.1 Billion in U.S. Retail E-Commerce Spending for Full November-December Holiday Season, Up 4 Percent vs. Year Ago

added: 07-01-2010

comScore, a leader in measuring the digital world, reported holiday season retail e-commerce spending for the entirety of the November – December 2009 holiday season. For the full holiday online shopping season, $29.1 billion was spent online, marking a 4-percent increase versus the same period last year. The season featured distinct periods of strong spending growth surrounding the Thanksgiving-Black Friday timeframe and the final shopping week leading up to Christmas.

Discover® U.S. Spending MonitorSM Drops 3.3 Points in December 2009

added: 07-01-2010

The Discover U.S. Spending Monitor fell 3.3 points in December to 83.0 (based out of 100). The decline was primarily driven by a big decrease in post- holiday spending intentions from consumers. While the decrease in spending intentions was anticipated, consumers showed little improvement in economic confidence in December and they grew slightly more pessimistic about their finances. These contributing factors leave the Monitor’s index standing at a nine-month low.

Online Job Demand Up 255,000 in December, The Conference Board Reports

added: 07-01-2010

Online advertised vacancies rose by 255,000 to 3,642,000 in December, according to The Conference Board Help Wanted OnLine Data Series (HWOL)™. Nationally, growth in job demand has been mildly positive since the low point in April 2009, with an average monthly increase of less than 60,000. The 2009 annual average stands at 3,357,000, a figure that is 1.1 million below the 4,481,000 annual average for 2008 and 1.3 million below the average for 2007.

Congress and Wall Street Are Blamed the Most for Americans’ Current Financial Situation

added: 07-01-2010

As the New Year dawns, many people take stock of their financial situation and, as other Harris Polls have shown, do not feel secure about their household’s financial situation. One issue when it comes to finances is who to blame for the current situation - and considering the past 18 months, there is a lot of blame to go around.

National Thirty-Year Fixed Mortgage Rate Rises for Fourth Consecutive Week Following Two Months of Rate Declines

added: 07-01-2010

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased twelve basis points last week to 5.05 percent, up from 4.93 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages rose eleven basis points to 4.48 percent from 4.37 percent, and 5-1 adjustable rate mortgages increased seventeen basis points to 4.15 percent, from 3.98 percent the week prior.

U.S. Job Satisfaction at Lowest Level in Two Decades

added: 06-01-2010

Americans of all ages and income brackets continue to grow increasingly unhappy at work-a long-term trend that should be a red flag to employers, according to a report released by The Conference Board.

Americans are Wary of Another Recession in 2010

added: 06-01-2010

The Wealth Hazards Worry Index now indicates that the number of people who believe that the U.S. economy could enter another recession in 2010 now stands at 40 percent. Another 32 percent of survey respondents are unsure if a "double-dip" recession is on tap for 2010, while only 28 percent of people are confident that no recession will occur in 2010.

'Actuary' Rated Nation's Best Job in New CareerCast.com Jobs Rated Report

added: 06-01-2010

Actuary - someone who deals with the financial impact of risk and uncertainty - claimed the honor of "best job" in the new CareerCast.com 2010 Jobs Rated Report. Roustabout edged out last year's worst job, Lumberjack, to fall to the bottom of the rankings.

US Metropolitan Area Employment and Unemployment in November 2009

added: 06-01-2010

Unemployment rates were higher in November than a year earlier in all 372 metropolitan areas, the U.S. Bureau of Labor Statistics reported. Seventeen areas recorded jobless rates of at least 15.0 percent, while 13 areas registered rates below 5.0 percent. The national unemployment rate in November was 9.4 percent, not seasonally adjusted, up from 6.5 percent a year earlier.

Grubb & Ellis Predicts Commercial Real Estate Will Decline More Slowly in 2010, Recovery to Begin in Early 2011

added: 05-01-2010

Grubb & Ellis Company, a leading real estate services and investment firm, released its 2010 Real Estate Forecast, which indicates that 2010 commercial real estate fundamentals will decline more slowly than in 2009, with most property types reaching bottom near the end of the year and beginning a slow recovery starting in 2011.

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