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Majority of U.S. Consumers Plan to Buy Next Vehicle Within Next Two Years

added: 29-04-2009

Fifty-five percent of U.S. consumers plan to purchase their next vehicle within the next two years, according to a recent consumer sentiment study conducted online with approximately 1,400 U.S. auto owners by R. L. Polk & Co. The percentage of consumers intending to buy within two years varies by region of the country and is the highest in the Plains states and the lowest in the Great Lakes region.

30-Year Mortgage Rates Remain Low

added: 29-04-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained relatively steady last week. Last week's rate was 5.07 percent, up slightly from 5.06 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages rose to 4.72 percent, up from 4.68 percent and 5-1 adjustable rate mortgages decreased substantially, down to 4.38 percent from 4.47 percent the week prior.

Fitch: Sharply Rising Unemployment to Pose Tough Test for Spanish Structured Finance

added: 29-04-2009

Fitch Ratings says that borrower delinquencies and defaults in Spanish consumer ABS and RMBS transactions are likely to continue to increase in the coming months as the unemployment rate rises to levels not seen since the last recession in the early 1990's.

IBM Survey Predicts New Financial World Order With Shift to Specialization, Transparency and Lower Overall Returns

added: 28-04-2009

According to a survey by the IBM Institute for Business Value, 90% of financial markets executives and government officials believe the returns of the past are over. The study reveals that as the financial markets industry radically restructures, firms must adapt to a new lower-margin landscape where they will need to specialize around services that clients value rather than continuing to provide a full range of in-house offerings.

30% of 25-34 Year-Olds in the EU27 are Graduates from Higher Education

added: 28-04-2009

In the EU27, the proportion of the population having completed higher education, i.e. tertiary level education of at least two years, has increased steadily through the generations. In 2007, 30% of those aged 25-34 had graduated from tertiary education, compared with 25% of those aged 35-44 and 19% of those aged 45-64.

Commitment to Alternative Workplace Strategies is Being Driven by Current Economic Landscape

added: 28-04-2009

Within the current economic landscape, corporations are going to continue to cut expenses. With current workforces becoming further geographically spread along with the introduction of new technologies, alternative workplace strategies (AWS) present opportunity that can potentially save on salary cuts and freezes. Still, the largest challenge continues to be a lack of support from senior management, according to a recent survey of CoreNet Global Dallas Summit registrants.

Americans Ignoring Income Protection of Disability Insurance

added: 28-04-2009

Most American workers are not covered by disability insurance, yet according to the results of a national survey released by Assurant Employee Benefits, nearly half (47 percent) are confident they would have adequate insurance should they suffer a disabling injury or illness, even if facing a negative job change. Assurant Employee Benefits commissioned the survey in late March to better understand consumers' concerns about losing dental, life and/or disability insurance coverage due to a job change or loss.

2009 Salary Survey: Pay Increases for IT Management Despite Turbulent Economy

added: 28-04-2009

Information technology remains a strong career path, with staff-level IT pros earning a median $80,000 in total compensation, while managers earn a median $105,000, according to a survey by InformationWeek.

OAG Reports a 3% Drop in Global Airline Capacity of 9 Million Seats for April 2009

added: 28-04-2009

The world's airlines have scheduled 6% fewer flights for April 2009 compared with the same month last year, with a 3% drop in seat capacity, according to the latest statistics from OAG , the world's leading aviation data business and part of UBM Aviation. This is the ninth successive month of declines, and represents a reduction of more than 136,000 flights and 9 million seats year on year. The total number of flights scheduled to operate worldwide this month is 2.34 million, offering 287.3 million seats to travelers around the globe.

Small Business Economic Confidence Surges

added: 28-04-2009

Economic confidence among small business owners rose to its highest level in 14 months in April as more of them see the broader economy and the conditions for their own businesses improving, according to the latest Discover® Small Business WatchSM. The monthly index increased more than 10 points, rising to 88.5, up from 78.2 in March and the highest since the Watch hit 90.8 in February 2008. April’s mark represents the third consecutive monthly increase in economic confidence among small business owners.

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