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Women Cut Back as More Americans Worry About Finances

added: 14-03-2009

Thirty-two percent of Americans in 2008, nearly twice as many as in 2007, said they were financially worse off compared to the previous year, a year-end Consumer Reports survey indicated, with women more concerned about finances than men.

US Mobile TV and Video Poised For Continued Growth

added: 14-03-2009

QuickPlay Media revealed the results of its second annual independent Market Tools survey focused on mobile TV and video consumption in the US. The survey shows that consumers are confident in the uptake of mobile TV and video, with 78 percent expecting an increase in usage by 2010.

Retail Vacancy Rate in Northern New Jersey Climbed to 6.6% During 2008 Amid Major 'Big Box' Closures, According to R.J. Brunelli & Co. Survey

added: 13-03-2009

With the rash of recent retailer bankruptcies and downsizings adding to an inventory that included unclaimed spaces from earlier failures, the vacancy factor in retail properties along northern New Jersey's six major shopping corridors jumped to 6.6% during 2008 from 3.6% a year earlier, according to R.J. Brunelli & Co., Inc. Routes 4 and 23 were the only roadways to show an improvement from 2007. While the six-county region remains one of the most vibrant retail markets in the nation, the firm warned that it could take several years for the vacancy factor to get back to customary levels.

Online Banking Draws Nearly Half of Active Online Population

added: 13-03-2009

If American consumers are active online, chances are they are banking online, according to research released today by HSBC Direct, which shows 49 percent of the online population conducts most, if not all, of its banking via the Internet, up nearly 23 percent from early 2007.

Americans Optimistic About Prospects for Economic Mobility Despite the Recession

added: 13-03-2009

Nearly eight-in-ten Americans believe it is still possible to improve their economic standing and remain optimistic that their family's economic circumstances will improve within their lifetime and across generations. This is true across racial lines and even among lower-income, less-educated and unemployed people, according to a new national public opinion poll conducted for Pew's Economic Mobility Project by Greenberg Quinlan Rosner Research and Public Opinion Strategies.

Fed Urged to Require Banks to Get Customers' Permission First Before Enrolling Them in Expensive Overdraft Programs

added: 13-03-2009

Banks shouldn't be allowed to automatically enroll their customers in expensive overdraft loan programs, according to Consumers Union, the nonprofit publisher of Consumer Reports. The group urged the Federal Reserve Board to require banks to get their customers' permission first before signing them up for high fee overdraft loan programs for overdrafts triggered by ATM and debit transactions.

U.S. Consumer Confidence Weak, But Ticks Up Slightly, According To RBC CASH Index

added: 13-03-2009

Despite mounting job losses and a stock market spiraling toward a 12-year low, U.S. consumer sentiment edged up this month according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index. The survey, which measured the attitudes of 1,000 Americans earlier this week, found that consumer sentiment remained very low, but stable. As a result, the overall RBC CASH Index stands at 8.2 for March 2009, up slightly from 1.6 in February, the lowest level on record since the inception of the Index in 2002.

America’s Small Businesses Are Optimistic about Their Future

added: 13-03-2009

Network Solutions® and the University of Maryland’s Robert H. Smith School of Business announced the launch of the Small Business Success Index©, an ongoing measurement of the overall health of U.S. small businesses based on a telephone survey of 1,000 small business owners. The benchmark survey, which gathered data used to create the Small Business Success Index, was conducted in December 2008 and January 2009 and found that 69% of small businesses were profitable in 2008.

US Foreclosure Activity Increases 6 Percent in February 2009

added: 12-03-2009

RealtyTrac(R)released its February 2009 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 290,631 U.S. properties during the month, an increase of nearly 6 percent from the previous month and an increase of nearly 30 percent from February 2008. The report also shows one in every 440 U.S. housing units received a foreclosure filing in February.

U.S. Pension Plan Funding Plunged by More than $300 Billion in 2008

added: 12-03-2009

As news of the economic crisis continues to unfold, the first look at actual 2008 disclosures reveals substantial investment losses for the largest U.S. corporate pension plan sponsors, according to a new analysis by Watson Wyatt, a leading global consulting firm. While many of these losses are due to equity declines, equity allocation targets for 2009 have not changed substantially.

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