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The Conference Board Consumer Confidence Index Holds Steady

added: 30-07-2008

The Conference Board Consumer Confidence Index, which had declined in June, held steady in July. The Index now stands at 51.9 (1985=100), up slightly from 51.0 in June. The Present Situation Index was virtually unchanged at 65.3 versus 65.4 last month. The Expectations Index increased moderately to 43.0 from 41.4 in June.

United States and Cities Fare Well in a KPMG Report on Business Tax Costs

added: 29-07-2008

San Juan, Puerto Rico, Baltimore and Atlanta have the most favorable tax structures for businesses among U.S. cities/locations with populations exceeding 2 million, according to a study released by KPMG International.

In Order to Protect American Workers, Senator Menendez Wants to Give Their Jobs Away

added: 29-07-2008

Senate consideration of a bill to reauthorize the E-Verify program has come to a screeching halt, as Senator Robert Menendez is demanding that hundreds of thousands of visas - mostly for foreign workers - be made available to special interests. The E-Verify program, which will expire on Nov. 30 if it is not reauthorized, allows employers to electronically verify workers' Social Security numbers to ensure they are legally entitled to work in the U.S.

US Economy Under Intense Pressure

added: 29-07-2008

The domestic economy has been under intense pressure from cost increases for energy, metals, food, and even medical care. The pressure isn’t letting up. In fact, it will intensify a little now that an increase in the minimum wage has gone into effect.

Despite Economic Slowdown Venture Capital Returns Remain Positive in First Quarter 2008

added: 29-07-2008

Venture capital performance showed positive returns across all investment horizons ending March 31, 2008, according to Thomson Reuters and the National Venture Capital Association.

Top 100 U.S. Tourism City Destinations for 2007

added: 28-07-2008

Global Insight released its annual ranking of the Top 100 U.S. Tourism City Destinations for 2007. The ranking compares domestic and international tourism spending, tourism job creation, and the degree to which each city's economic vitality is dependent upon visitors.

Fitch: U.S. Energy Firms Have Sufficient Access to Bank Lines Amid Credit Crunch

added: 28-07-2008

Fitch Ratings does not believe that the failure on the part of selective issuers in the energy sector to roll over full commitments on their existing bank revolvers presents a near-term liquidity issue, according to a new report. Curtailed commitments have generally been small and many bank lines have five-year terms.

Occupational Pay Relatives Among Metropolitan Areas in 2007

added: 28-07-2008

Average pay in the San Jose-San Francisco-Oakland, CA metropolitan area was 19 percent above the national average in 2007, the highest among metropolitan areas studied by the National Compensation Survey (NCS), the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Rising Energy Costs Disproportionately Impacting Minority Households

added: 28-07-2008

Since 2001, energy costs for the average U.S. household have more than doubled, and sharply escalating gasoline prices are straining the budgets of lower- and middle-class minority families. Those are the findings of a new study released by the American Coalition for Clean Coal Electricity.

Retail Shoppers Hit the Web First

added: 28-07-2008

While some consumers in the US are shopping online to avoid driving, even those visiting stores in person are hitting the Web first. Eight out of 10 respondents who had recently made consumer electronics purchases in a brick-and-mortar store said they had visited the store's Website first, according to a May 2008 Nielsen Online survey.

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