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US Metropolitan Area Employment and Unemployment in October 2007

added: 29-11-2007

Unemployment rates were higher in October than a year earlier in 210 of the 369 metropolitan areas, lower in 138 areas, and unchanged in 21 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Americans Have Money to Spend

added: 29-11-2007

Americans Have Money to Spend but economic indicators are down. The Conference Board (CB) issued mixed signals for the economic outlook, particularly the all-important holiday shopping season.

A Dollar Intervention in the Making

added: 29-11-2007

"The dollar has been steadily losing value against the currencies of our major trading partners for the better part of the last five years" - says Adolfo Laurenti, senior economist of Mesirow Financial.

Cyber Monday Online Retail Spending Hits Record $733 Million, up 21 Percent Versus Last Year

added: 28-11-2007

comScore, Inc. released an update of holiday season e-commerce spending covering the first 26 days (November 1 - 26) of the November - December 2007 holiday season, including spending totals for Cyber Monday (November 26).

How the Falling Dollar Is Saving the Mortgage Market

added: 28-11-2007

Plunging interest rates helped by a lower U.S. dollar are about to rescue both the U.S. housing and stock markets, says US currency specialist Mike McDonald. Not next year, but immediately.

The Conference Board Consumer Confidence Index Declines

added: 28-11-2007

The Conference Board Consumer Confidence Index, which has been declining since the summer, declined further in November. The Index now stands at 87.3 (1985=100), down from 95.2 in October. The Present Situation Index decreased to 115.4 from 118.0 in October. The Expectations Index declined to 68.7 from 80.0.

FTC Report on ID Theft Shows Need for Stronger Consumer Protections

added: 28-11-2007

A new report released by the Federal Trade Commission estimates that 8.3 million Americans fell victim to identity theft in 2005.

Foreclosure Crisis Hits Metro Areas' Economies, Slows GDP, Job Growth & Tax Revenues

added: 27-11-2007

The U.S. Conference of Mayors unveiled an economic impact report on the foreclosure crisis that forecasts sharp losses in the growth of gross domestic product and projects economic output losses for 361 metro areas - referred to as gross metropolitan product (GMP). The total GDP growth loss equals $166 billion, with the combined economic loss of the top ten metro areas exceeding $45 billion.

Despite Economy, Americans Willing to Pay More for Holiday Gifts Associated With a Cause

added: 27-11-2007

Amid financial worries, fewer Americans plan to engage in charitable activities this holiday season. However, cause- conscious consumers will continue to seek holiday gifts from companies that support charitable organizations, according to the 2007 Cone Holiday Trend Tracker, an annual survey of Americans' cause-related holiday purchasing attitudes and behavior.

Christmas Price Index Up 3.1 Percent

added: 27-11-2007

The significantly higher price of gold and increased compensation for minimum wage workers will make Christmas more expensive this year, according to the PNC Christmas Price Index.

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