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US: Record High Crude Oil Prices and a Colder Than Expected Winter Could Result in a Perfect Storm to Drive Record Winter Home Heating Costs

added: 05-11-2007

In the wake of record gasoline prices during the past year, the recent upward spiral in crude oil prices mean consumers must now face significantly higher heating bills this winter, according to IBISWorld.

US Employment Situation in October 2007

added: 05-11-2007

Nonfarm payroll employment rose by 166,000 in October, and the unemployment rate was unchanged at 4.7 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Job gains occurred in professional and business services, health care, and leisure and hospitality. Manufacturing employment continued to decline, and construction employment was little changed.

US Employment Cost Index in September 2007

added: 05-11-2007

Total compensation costs for civilian workers increased 0.8 percent from June to September 2007, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

US Broadband Access Booming

added: 05-11-2007

The number of broadband lines in the United States grew to 82.5 million in 2006, from 51.2 million in 2005, according to the Federal Communications Commission.

added: 05-11-2007

Consumers will spend an average of $203 on gift cards during the 2007 holiday season, up from $186 in 2006, according to Comdata Stored Value Solutions.

Spherion Employee Confidence Index Largely Unchanged in October

added: 05-11-2007

The number of U.S. workers expressing confidence in the economy and in their personal employment situation decreased slightly in October, according to a recent survey from Spherion Corporation of 2,948 working adults. The Spherion(R) Employee Confidence Index, a monthly gauge of overall worker confidence, decreased by 0.3 points to 56.4 in October, its lowest level this year.

Subscribers to Telecommunication Services Continue Growing in 2007

added: 04-11-2007

While industry consolidation has wrought major changes in the US telecommunications industry service provider segments, the wireless carriers stand out as clear winners, though all segments continue to add new subscribers, says a new report from Insight Research. The wireless companies will be adding new subscribers at a rate nearly double the overall telecommunications subscriber growth rate.

Slowing Economy Affecting Business Payments

added: 04-11-2007

While the U.S. Federal Reserve once again lowered key interest rates in an effort to stimulate the nation's economy, the effects of three major economic headwinds continue to put a drag on business conditions for manufacturers and service providers. According to analysis from leading trade credit insurer Euler Hermes ACI, the slowdown will continue well into 2008, but the chances for recovery are very good.

Business Travel Prices To Jump

added: 04-11-2007

Hotel prices in the United States are expected to jump as much as 14% in key cities in 2008, according to the American Express "Global Business Travel Forecast."

US: Online Consumers Undeterred by Rising Cell Phone Prices

added: 04-11-2007

PriceGrabber.com(R), a part of Experian, explores the portable lifestyle trends of buyers through its latest Consumer Behavior Report. Results are based on a survey of 2,535 online shoppers conducted during October.

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