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Customer Commitment to Retail Banks Declines for a Second Consecutive Year

added: 20-05-2009

Driven by declines in both satisfaction and brand image, customer commitment to retail banks has decreased in 2009, according to the J.D. Power and Associates 2009 Retail Banking Satisfaction Study(SM). This marks a steady decline in customer commitment since 2007.

Mortgage Rates Fall to 5.00% for Many States

added: 20-05-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.00 percent, down from 5.07 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages also dropped to 4.63 percent from 4.70 percent, and 5-1 adjustable rate mortgages decreased to 4.21 percent from 4.27 percent the week prior.

Milliman Indicates 2009 Medical Cost for 'American family of four' Exceeds $16,700 Based on 7.4% Cost Increase

added: 20-05-2009

Milliman, Inc., one of the premier global consulting and actuarial firms, announced today that average total medical spending for its "typical American family of four" reached $16,771, an increase of $1,162. While cost trends are decelerating for the third-straight year, the total-dollar increase is the highest since 2006.

Thirty-Five Percent of Workers Aren't Planning to Take a Vacation This Year

added: 20-05-2009

With only a few days until the official start of vacation season, money, anxiety and guilt are causing some workers to scrap their vacation plans. More than a third (35 percent) of workers say they haven't gone on or aren't planning to take a vacation in 2009; 71 percent of those indicate it is because they just can't afford it, according CareerBuilder's annual vacation survey.

Fitch: Rising U.S. CMBS Delinquencies Concentrated in Distressed States

added: 19-05-2009

New defaults corresponding to loans located in U.S. states with the most economic stress are emerging for U.S. CMBS as monthly late-pays increased 25 basis points to 1.78%, according to the latest U.S. CMBS loan delinquency index results from Fitch Ratings.

Small and Medium-Sized Businesses are Optimistic About Economic Turnaround

added: 19-05-2009

Small and medium-sized businesses (SMBs) may be the most optimistic group in America with regard to the economic recovery, although they would appreciate more support from government, according to a study released at National Small Business Week. In fact, one out of four SMBs expects the turnaround to begin in late 2009.

US Real Earnings in April 2009

added: 19-05-2009

Real average weekly earnings rose by 0.1 percent from March to April after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

Americans Skimp on Healthy Activities in Bad Economy

added: 19-05-2009

Yet another negative result of the bad economy: Americans are cutting back on healthy activities such as eating fresh foods and exercising regularly.

US Consumer Price Index in April 2009

added: 18-05-2009

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in April before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reportedy. This index has fallen 0.7 percent over the last 12 months, due primarily to a 25.2 percent drop in energy prices. The year-over-year declines in March and April are the first since 1955.

US Producer Price Indexes: April 2009

added: 18-05-2009

The Producer Price Index for Finished Goods increased 0.3 percent in April, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This rise followed a 1.2-percent decline in March and a 0.1-percent increase in February. At the earlier stages of processing, prices received by producers of intermediate goods moved down 0.5 percent following a 1.5-percent decrease a month earlier, and the crude goods index advanced 3.0 percent after declining 0.3 percent in March.

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