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Economic Activity in the Manufacturing Sector Expanded in October 2010

added: 03-11-2010

Economic activity in the manufacturing sector expanded in October for the 15th consecutive month, and the overall economy grew for the 18th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®.

Plug-in-Vehicles May Make up 22% of US Auto Sales by 2030

added: 03-11-2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance. Achieving such growth levels, however, will be dependent on two key factors - aggressive reductions in battery costs and rising gasoline prices.

Small Business Success Formula: Partnership Equals Prosperity When Pursuing Federal Contracts

added: 03-11-2010

A new study released by American Express OPEN, the small business division of the financial services company, demonstrates the power of collaboration and partnerships to succeed in winning bids for federal contracts.

Office Depot Small Business Index Reveals Small Business Confidence Slowly on the Rise

added: 03-11-2010

Office Depot, a leading global provider of office products and services, announced the results of the October Office Depot Small Business Index – a monthly survey commissioned to gauge the economic trends of small businesses in America. Overall, the October issue of the Office Depot Small Business Index reveals that attitudes toward the economy have improved over the past month among both small- and medium-sized businesses.

U.S. Employment Cost Index: September 2010

added: 02-11-2010

Compensation costs for civilian workers increased 0.4 percent, seasonally adjusted, for the 3-month period ending September 2010, the U.S. Bureau of Labor Statistics reported. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.3 percent while benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent.

Troubles for Traditional Media - Both Print and Television

added: 01-11-2010

Traditional media is in trouble. Newspapers are struggling with circulation and magazines like Newsweek are being sold for $1. And, while two-thirds of Americans (67%) still agree that they prefer to get their news in more traditional ways such as network television and/or reading newspapers or magazines in print, over half of Americans (55%) say traditional media as we currently know it will no longer exist in ten years. Additionally, half of U.S. adults (50%) say they tend to get almost all their news online.

Consumers Plan to Cut Back on Holiday Spending Less So Than in 'Recession' Years

added: 31-10-2010

Some shoppers may be loosening their financial belts a bit this holiday season, but ongoing economic turbulence continues to motivate many to insist on getting a bigger bang for their buck. According to a new Consumer Reports Holiday Shopping Poll, about one in three Americans plan to spend less this holiday season, down from 42 percent in 2008.

Bankrate: Mortgage Rates Move Up

added: 29-10-2010

Mortgage rates increased this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate moving to 4.51 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.33 discount and origination points.

Americans Still Pessimistic About Job Market

added: 28-10-2010

With all the financial reports released each month, one thing that seems to garner the attention of even people who may not usually be aware of economic news is the unemployment report. Talk of a jobless recovery dominates the airwaves and Americans definitely do not see any good news about jobs. Just over one in ten U.S. adults (13%) say the job market in their area of the country is good and two-thirds (66%) say it is bad.

TrueCar Forecasts New and Used Auto Sales and Incentives Spending for October 2010

added: 28-10-2010

New light vehicle sales (including fleet) in the U.S. for October 2010 is expected to be 927,676 units, up nearly 11 percent from October 2009 and a decrease of 3 percent from September 2010 (on an unadjusted basis).

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