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US Metropolitan Area Employment and Unemployment in March 2008
added: 30-04-2008

Unemployment rates were higher in March than a year earlier in 309 of the 369 metropolitan areas, lower in 40 areas, and unchanged in 20 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Fourteen areas, 12 of which are located in California, recorded jobless rates of at least 10.0 percent, while 9 areas registered rates below 3.0 percent. The national unemployment rate in March was 5.2 percent, not seasonally adjusted, up from 4.5 percent a year earlier.
wiêcej

The Conference Board Consumer Confidence Index Continues to Deteriorate
added: 30-04-2008

The Conference Board Consumer Confidence Index, which had declined sharply in March, fell further in April. The Index now stands at 62.3 (1985=100), down from 65.9 in March.
wiêcej

US Foreclosure Activity Increases 23 Percent in First Quarter 2008
added: 29-04-2008

RealtyTrac(R) released its Q1 2008 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 649,917 properties during the first quarter, a 23 percent increase from the previous quarter and a 112 percent increase from the first quarter of 2007. The report also shows that one in every 194 U.S. households received a foreclosure filing during the quarter.
wiêcej

Americans Rank Health Care Near the Top of Their Economic Woes
added: 29-04-2008

Health care costs rank among Americans' top personal economic problems, and their struggles to deal with those costs have affected both their financial well-being and their family's health care, a new Kaiser Family Foundation poll finds.
wiêcej

Fitch Sees 88% Refinancing Rate for U.S. Floating-Rate CMBS
added: 29-04-2008

Floating-rate U.S. CMBS have or should be able to refinance 88% of the time, according to Fitch Ratings, which recently reviewed the maturity profile in its rated floating-rate large loan transactions. Fitch currently rates a total of 34 floating-rate large loans transactions, consisting of 326 loans totaling $27 billion.
wiêcej

More Americans Worry About Energy Issues
added: 27-04-2008

When it comes to energy, Americans worry most about dependence on foreign oil. Almost half of the 1,200 voters polled by Peter D. Hart Research Associates Inc. rate imports as one of their two biggest energy concerns. A distant second is the lack of viable alternatives to fossil fuels.
wiêcej

Investors Are Dissatisfied With the Fund Industry
added: 26-04-2008

iShares Funds, a division of Barclays Global Investors, released the results of its first Investor Survey. The majority of investors surveyed believe that the fund industry is not meeting their expectations or putting their needs first, resulting in dissatisfaction and a lack of trust. Investors also believe that the media is failing to provide credible reporting, citing too much hype and not enough focus on important fee- and tax-related issues. In contrast, 87% of investors have a high degree of trust in their advisor, comparable to their level of trust in their family physician.
wiêcej

Economic Slowdown in the US to Accelerate Offshoring of IT Services
added: 25-04-2008

The current U.S. economic slowdown will lead buyers of IT services to consider increasing the percentage of their labor in offshore, lower-cost locations, according to Gartner, Inc. India will remain the dominant location for IT offshore services for North American and European buyers as a result of its scale, quality of resources and strong presence of local and traditional service providers.
wiêcej

The Conference Board Help-Wanted Advertising Index Declines
added: 25-04-2008

The Conference Board Help-Wanted Advertising Index declined two points in March. The Index now stands at 19, down from 29 a year ago.
wiêcej

US: Mortgage Rates Rise for Second Straight Week
added: 24-04-2008

Fixed mortgage rates moved slightly higher for the second week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.11 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.43 discount and origination points.
wiêcej

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