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Thirty-Year Fixed Rates Back Below 5.00%
added: 14-01-2009

Thirty-year mortgage rates fell last week to 4.92 percent and the low rates that have persisted for the last month attracted thousands of homeowners hoping to refinance to Zillow Mortgage Marketplace in December and early January.
wiêcej

NSBA Releases 2008 Year-End Economic Report - Outlook Not Good
added: 13-01-2009

The National Small Business Association released a report detailing how small business is faring in the recession, and things aren't going well. According to the NSBA 2008 Year-End Economic Report, 91 percent of small businesses surveyed over the last two weeks in December said the national economy today is worse off than five years ago, up significantly from 68 percent in August 2008.
wiêcej

The Conference Board Employment Trends Index Suggests Economy Could Lose 2 Million More Jobs
added: 13-01-2009

The Conference Board Employment Trends Index fell further in December. The index now stands at 99.6, decreasing 1.6 percent from the November revised figure of 101.2, and down almost 16 percent from a year ago.
wiêcej

Consumers Curious for Ways to Economize Without Compromise
added: 13-01-2009

Consumers are unwilling to compromise on the brands with which they feel the closest - personal care, personal communications technology; health and nutrition; and products for home and family use. In addition, more than 70 percent of consumers plan to embrace a more frugal, 'back to basics' lifestyle in anticipation of economic uncertainties ahead, reports the Econocurious Consumer Survey issued from media communications agency, UM.
wiêcej

Sobering Jobless Data Highlight Need for Recovery Package to Focus On Hard-Hit Families and States
added: 13-01-2009

Since a decline in overall demand is the main cause of rising unemployment and the weak economy, the economic recovery package should focus on putting money in the hands of people who will spend it quickly, according to the Center on Budget and Policy Priorities.
wiêcej

Frustration with Travel Drops Markedly As Oil Prices Plummet
added: 13-01-2009

Frustration with traveling has dropped off sharply, according to the latest installment of Access America’s Travel Frustration Index, a quarterly barometer of travelers’ angst. The results of the latest survey, conducted by Ipsos Public Affairs in December 2008, reveal that Americans’ consternation with just about all aspects of travel has dropped significantly when compared to data collected earlier last year, as well as during the same period in 2007.
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Grant Thornton Identifies Key Bridge Requirements for the Domestic Auto Industry to Achieve Viability by 2010
added: 12-01-2009

Grant Thornton LLP's Corporate Advisory and Restructuring Services group said today that the restructuring plans of General Motors Corp., Chrysler LLC and Ford Motor Company, and government loans, have forestalled a collapse of the U.S. auto industry. But the full impact of the economic recession and the magnitude of the issues facing the industry will require more bridging actions by legislators and restructuring by automakers, suppliers and dealers to ensure viability.
wiêcej

Spherion Employee Confidence Index Drops 1.6 Points in December 2008
added: 12-01-2009

The Spherion Employee Confidence Index reached a new survey low in December, decreasing 1.6 points to 40.4. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, reveals that more workers are concerned about the economy, job market, and in their ability to find a new job. In addition, fewer workers are likely to look for a new job in the next year, with 33 percent reporting a likelihood of doing so compared to 35 percent in November.
wiêcej

Monster Employment Index Registers Sharp Decline in December 2008
added: 12-01-2009

The Monster Employment Index declined 12 points in December, as economic uncertainty continued to weigh on U.S. online recruitment activity. Year-over-year, the Index is down 22 percent, largely steady from the previous two months, suggesting some stabilization in the rate of slowdown in the labor market following a rapid decline during the third and fourth quarters.
wiêcej

US Employment Situation in December 2008
added: 12-01-2009

Nonfarm payroll employment declined sharply in December, and the unemployment rate rose from 6.8 to 7.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Payroll employment fell by 524,000 over the month and by 1.9 million over the last 4 months of 2008. In December, job losses were large and widespread across most major industry sectors.
wiêcej

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