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CFOs' Economic Confidence Plummets 19% From One Year Ago

added: 31-01-2008

CFOs of American companies' economic confidence plunged more than 10% since last quarter, moving to 19% below where it stood at this time last year, according to a recent survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business

Real Estate Industry Executives Ready to Weather Capital Markets Storm

added: 30-01-2008

Despite worries over the contraction of financial markets, most U.S. real estate executives believe industry fundamentals are solid and that overseas growth will mitigate the softening of the domestic market, according to a economic report released at The Real Estate Roundtable’s 2008 State of the Industry Meeting in Washington, DC.

Retail Sales of Non-Games Software Experiences Best Year in Almost a Decade

added: 30-01-2008

According to The NPD Group, U.S. retail sales of non-games software totaled $3.3 billion in 2007, a 15 percent increase over the $2.9 billion generated in 2006.

Record Declines in Home Prices Continue in November 2007

added: 30-01-2008

Data through November 2007, released today by Standard & Poor's for its S&P/Case-Shiller(R) Home Price Indices, show broadbased declines in the prices of existing single family homes across the United States, marking the 11th consecutive month of negative annual returns and a full two years of decelerating returns.

The Conference Board Consumer Confidence Index in January 2008

added: 30-01-2008

The Conference Board Consumer Confidence Index, which had improved moderately in December, gave back the gain in January. The Index now stands at 87.9 (1985=100), down from 90.6 in December. The Expectations Index declined to 69.6 from 75.8. The Present Situation Index, however, increased to 115.3 from 112.9 in December

U.S. Mortgage Payment Index Shows That Low Down Payment Buyers Still Have Safe, Secure Options

added: 30-01-2008

As the mortgage lending market continues to tighten, first time homebuyers with low down payments still have choices, according to Dr. Susan M. Wachter, Professor of Real Estate and Finance at the University of Pennsylvania's Wharton School.

Small Business Owners' Concern: Not Enough Money for Retirement

added: 30-01-2008

Nearly half of small business owners are concerned they will not have enough money to retire (43 percent) and many say they are worried about not being able to pay for medical costs of a serious illness or accident (47 percent) according to the latest Wells Fargo/Gallup Small Business Index survey.

Average Salaries for Technology Professionals Increased 1.7 Percent in 2007

added: 29-01-2008

Dice, the career site for technology and engineering professionals, today announced the results of its 2007 Annual Salary Survey. The survey of more than 19,000 technology professionals found that average IT salaries in the U.S. increased 1.7 percent to $74,570 in 2007, with experienced technology managers seeing the largest increases.

Recession Fears Gripped Financial Markets

added: 29-01-2008

Recession fears gripped financial markets around the globe, sending share prices tumbling and forcing the Federal Reserve to make a dramatic rate cut — to stem the panic. What's going on? The now two-year slide in home building and buying, and in prices, certainly impacts other sectors of the economy. Rising fuel prices are sending transportation costs up

U.S. Foreclosure Activity Increases 75 Percent in 2007

added: 29-01-2008

RealtyTrac(R) released year-end data from its 2007 U.S. Foreclosure Market Report, which shows a total of 2,203,295 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 1,285,873 properties nationwide during the year, up 75 percent from 2006. The report also shows that more than 1 percent of all U.S. households were in some stage of foreclosure during the year, up from 0.58 percent in 2006.

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