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Discover® U.S. Spending MonitorSM Drops 3.3 Points in December 2009

added: 07-01-2010

The Discover U.S. Spending Monitor fell 3.3 points in December to 83.0 (based out of 100). The decline was primarily driven by a big decrease in post- holiday spending intentions from consumers. While the decrease in spending intentions was anticipated, consumers showed little improvement in economic confidence in December and they grew slightly more pessimistic about their finances. These contributing factors leave the Monitor’s index standing at a nine-month low.

Online Job Demand Up 255,000 in December, The Conference Board Reports

added: 07-01-2010

Online advertised vacancies rose by 255,000 to 3,642,000 in December, according to The Conference Board Help Wanted OnLine Data Series (HWOL)™. Nationally, growth in job demand has been mildly positive since the low point in April 2009, with an average monthly increase of less than 60,000. The 2009 annual average stands at 3,357,000, a figure that is 1.1 million below the 4,481,000 annual average for 2008 and 1.3 million below the average for 2007.

Industrial Producer Prices up by 0.1% in Euro Area in November 2009

added: 07-01-2010

In November 2009 compared with October 2009, the industrial producer price index rose by 0.1% in the euro area (EA16) and by 0.2% in the EU27. In October, prices increased by 0.3% and 0.6% respectively.

Congress and Wall Street Are Blamed the Most for Americans’ Current Financial Situation

added: 07-01-2010

As the New Year dawns, many people take stock of their financial situation and, as other Harris Polls have shown, do not feel secure about their household’s financial situation. One issue when it comes to finances is who to blame for the current situation - and considering the past 18 months, there is a lot of blame to go around.

Industrial New Orders Down by 2.2% in Euro Area in October 2009

added: 07-01-2010

In October 2009 compared with September 2009, the euro area (EA16) industrial new orders index fell by 2.2%. In September the index rose by 1.7%. In the EU27 new orders declined by 1.6% in October 2009, after an increase of 1.4% in September. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders fell by 0.4% in the euro area and by 0.8% in the EU27.

National Thirty-Year Fixed Mortgage Rate Rises for Fourth Consecutive Week Following Two Months of Rate Declines

added: 07-01-2010

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased twelve basis points last week to 5.05 percent, up from 4.93 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages rose eleven basis points to 4.48 percent from 4.37 percent, and 5-1 adjustable rate mortgages increased seventeen basis points to 4.15 percent, from 3.98 percent the week prior.

U.S. Job Satisfaction at Lowest Level in Two Decades

added: 06-01-2010

Americans of all ages and income brackets continue to grow increasingly unhappy at work-a long-term trend that should be a red flag to employers, according to a report released by The Conference Board.

France is World's Best Place to Live, U.S. Drops to #7, Says International Living

added: 06-01-2010

Ernest Hemingway did it. So did Julia Child and patriots like Benjamin Franklin and Thomas Jefferson. Humorist David Sedaris is doing it now, as are Johnny Depp, and Brad Pitt and Angelina Jolie, along with their six children. These famous Americans all found the "good life" in France. And, it seems, so are many other less-famous Americans, including retirees and families.

Americans are Wary of Another Recession in 2010

added: 06-01-2010

The Wealth Hazards Worry Index now indicates that the number of people who believe that the U.S. economy could enter another recession in 2010 now stands at 40 percent. Another 32 percent of survey respondents are unsure if a "double-dip" recession is on tap for 2010, while only 28 percent of people are confident that no recession will occur in 2010.

'Actuary' Rated Nation's Best Job in New CareerCast.com Jobs Rated Report

added: 06-01-2010

Actuary - someone who deals with the financial impact of risk and uncertainty - claimed the honor of "best job" in the new CareerCast.com 2010 Jobs Rated Report. Roustabout edged out last year's worst job, Lumberjack, to fall to the bottom of the rankings.

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