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U.S. Import and Export Price Indexes in June 2008

added: 14-07-2008

The U.S. Import Price Index rose 2.6 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The increase followed a 2.6 percent advance in May and was led by a continuing rise in petroleum prices. The price index for exports increased 1.0 percent in June after rising 0.4 percent in May.

Foreclosure Activity Decreases 3 Percent in June

added: 11-07-2008

RealtyTrac(R) today released its June 2008 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 252,363 U.S. properties during the month, a 3 percent decrease from the previous month but still a 53 percent increase from June 2007.

Mortgage Rates Fall Two Weeks in a Row

added: 11-07-2008

Mortgage rates moved lower once again, with the average conforming 30-year fixed mortgage rate falling to 6.48 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.37 discount and origination points.

CEO Confidence Holds Steady

added: 11-07-2008

The Conference Board Measure of CEO Confidence, which had declined in the first quarter of 2008, inched up to 39 in the second quarter, up slightly from 38 in the first quarter (a reading of more than 50 points reflects more positive than negative responses). The last time the Measure fell below 38 was in the final quarter of 2000 when it was at 31.

Fitch: U.S. Consumer Magazines Weakness to Continue; Industry Better Positioned Than Newspapers

added: 10-07-2008

Fitch Ratings believes that the U.S. consumer magazine segment will continue to experience lower circulations and advertising growth opportunities amid the weakening economy and ongoing transition to digital media.

The Employment Situation In June 2008

added: 10-07-2008

Nonfarm payroll employment continued to trend down in June (-62,000), while the unemployment rate held at 5.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Employment continued to fall in construction, manufacturing, and employment services, while health care and mining added jobs. Average hourly earnings rose by 6 cents, or 0.3 percent, over the month.

Broadband Holdouts Hunker Down

added: 09-07-2008

A full 55% of all US adults now have a high-speed Internet connection at home, according to a May 2008 survey conducted by the Pew Internet & American Life Project. Among home Internet users, 79% have broadband and 15% use dial-up.

Fitch: U.S. Telecom Industry Retains Solid Liquidity Despite Market Conditions

added: 09-07-2008

Financial flexibility and liquidity for the U.S. telecommunications sector generally remains solid despite general weakness in the credit and economic markets, according to Fitch Ratings.

Online Couponing Increases as Consumers Cut Costs

added: 08-07-2008

While gas prices are continuing to set record highs and the price of food is at a steady rise, US consumers are feverishly seeking alternative ways to save extra cash and get the most out of their summers. From backyard vacations to carpooling to summer clearance sales, shoppers are becoming more and more adept at hunting down values this season.

The Conference Board Employment Trends Index Declines, Suggesting More and Steeper Job Losses to Follow

added: 08-07-2008

The Conference Board's Employment Trends Index (ETI)™ fell again in June, continuing a decline that began in July 2007 and suggesting more job losses in the coming months. The index fell by 0.6 percent in June to 111.9 from 112.6 in May and is down 8 percent since July 2007.

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