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Online Vehicle Shopping Influences Dealership Choice

added: 07-02-2011

Consumers who use the Internet to shop for a new vehicle spend an average of 18-19 hours researching new and used vehicle purchases, according to the recent Automotive Buyer Influence Study conducted by Polk and AutoTrader.com. In both segments (new and used purchasers), approximately 60 percent of shopping time was spent online.

More Small Businesses Hiring in 2011

added: 06-02-2011

Small business managers are expecting hiring activity within their organizations to improve in 2011, but say it will likely be hindered by continued challenges related to accessing credit, government regulations and health insurance costs. This is according to a new nationwide survey from CareerBuilder conducted between November 15 and December 2, 2010, among more than 1,350 small businesses (organizations with 500 employees or less).

Economic Activity in the Non-Manufacturing Sector Grew in January 2011

added: 05-02-2011

Economic activity in the non-manufacturing sector grew in January for the 14th consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

Volume of Retail Trade Down by 0.6% in Euro Area in December 2010

added: 04-02-2011

In December 2010, compared with November 2010, the volume of retail trade fell by 0.6% in the euro area (EA16) and by 0.4% in the EU27. In November retail trade decreased by 0.3% and 0.1% respectively.

New Citibank Survey Reveals a Meaningful Increase in Economic Optimism for 2011

added: 04-02-2011

A new nationwide survey issued today by Citibank revealed that, as 2011 begins, American consumers have a slightly more positive outlook on the current condition of the national and local economies, and substantially more optimism about economic trends and their own personal financial situations over the next twelve months.

Banking Sector Will Be Pivotal to Financing Europe’s €2.9 trillion Low Carbon Transition

added: 04-02-2011

The banking sector will be pivotal to Europe’s low carbon transition, and will finance and intermediate the vast majority of the €2.9 trillion capital required to implement low carbon infrastructure, according to a report published by Accenture and Barclays. Banks will play an increasing role in the financing of the transition, primarily through intermediating institutional capital, but stable and long-term government incentives and policies will remain critical.

U.S. Productivity and Costs During the Fourth Quarter of 2010

added: 04-02-2011

Nonfarm business sector labor productivity increased at a 2.6 percent annual rate during the fourth quarter of 2010, the U.S. Bureau of Labor Statistics reported. This gain in productivity reflects increases of 4.5 percent in output and 1.8 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates.) Productivity increased 1.7 percent over the last four quarters. Annual average productivity increased 3.6 percent from 2009 to 2010. Quarterly measures provide information on business cycles whereas annual measures are compared to long-term trends.

Number of Americans Reporting No Personal or Retirement Savings Rises

added: 04-02-2011

Thirty-four percent of Americans have no retirement savings and 27% have no personal savings. Just 18 months ago those numbers were moderately lower, at 30% and 22% respectively.

Bankrate: Mortgage Rates Hold Steady

added: 04-02-2011

Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate inching higher to 5.02 percent according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.

Some Glimmers of Optimism on the Economy

added: 03-02-2011

There is a sense of optimism returning to the American people. They are feeling better about President Obama, the direction of the country and, albeit to a lesser degree, Congress. And, it seems they are also feeling slightly better about the economy. One-third of Americans (33%) give President Obama positive ratings on his handling of the economy while two-thirds (67%) give him negative ratings. In December, three in ten U.S. adults (30%) gave the President positive ratings and 70% gave him negative marks on the economy.

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