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Credit Cards Not Fantastic For Online Buyers?

added: 14-03-2008

When they are confronted with two merchants who offer the same product at the same price, consumers say the two factors that influence them most are payment security and payment choice, according to a PayPal-sponsored study conducted by JupiterResearch.

Small Business Owners Optimism Declines

added: 14-03-2008

Small business owner optimism continues on a three quarter downward trend, according to the recent Wells Fargo/Gallup Small Business Index (Index) survey conducted in January. The Index score fell to 83, the second-lowest level since the survey's inception in August 2003, when the score was 69.

Franchising Outpaces Other Sectors of Economy in Growth, Jobs

added: 14-03-2008

The franchising sector of the economy expanded by over 18 percent from 2001 to 2005, adding more than 140,000 new businesses and 1.2 million new jobs to the nation's economy, according to a new economic impact study released today. Direct economic output of franchises grew by more than 40 percent to $880 billion in 2005.

Mortgage Rates Rise as Treasury Yields Fall

added: 14-03-2008

Fixed mortgage rates posted a modest increase in the past week, with the average conforming 30-year fixed mortgage rate now 6.39 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points.

One Fifth of U.S. Households Will Spend Stimulus Package Funds on Consumer Electronics

added: 13-03-2008

One out of every five U.S. households will spend at least a portion of their economic stimulus rebate check on consumer electronics, totaling some $5 billion, according to new research by the Consumer Electronics Association (CEA)®. Before plans for the stimulus package were announced, CEA predicted wholesale revenues of $171.6 billion for the consumer electronics industry in 2008. This follows revenues of $161.7 billion in 2007.

U.S. Millionaires Grow at Slowest Rate Since 2003

added: 13-03-2008

America's millionaires are feeling the pinch. The number of U.S. households with a net worth of $1 million or more, not including primary residence (NIPR), grew just 2% in 2007 to 9.2 million, up from 9 million the year before, according to a new report, "Affluent Market Insights 2008," released today by Spectrem Group.

Fundamentals Holding in Commercial Real Estate

added: 13-03-2008

Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors(R).

Market for Clean Energy Grows to $77 Billion in 2007

added: 13-03-2008

Global clean-energy markets are expanding rapidly, with revenues in four benchmark sectors — biofuels, wind power, solar photovoltaics, and fuel cells — up 40 percent from $55 billion in 2006 to $77.3 billion in 2007, according to the Clean Energy Trends 2008 report released today. The four sectors are projected to more than triple over the next decade, growing to $254.5 billion by 2017.

Fitch Says U.S. Fed Actions Positive for U.S. Financial Institutions

added: 13-03-2008

Fitch Ratings is encouraged by today's announcement by the Federal Reserve (Fed) as Fitch believes it has potential positive implications for U.S. financial institutions. Liquidity in the financial markets has been constrained in recent months with particular pressure in the last several days. Uncertainty has dominated sentiment with spreads on certain instruments widening substantially beyond normal conditions.

Foreclosures Taking Big Toll on Cities and City Finances

added: 12-03-2008

Nearly two-thirds of cities report that foreclosures have increased in their communities during the past year, with one-third seeing declines in city revenues as a result, according to a poll released today by the National League of Cities (NLC). The poll also found that more than half of cities saw increases in the need for temporary assistance for services such as counseling, food banks and other non-housing related issues.

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