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Continued Bankruptcies, Late Payments, Mortgage Delinquencies Kick Off 2009

added: 02-03-2009

The deteriorating economy is evident in recent consumer credit woes as bankruptcies, past-due credit card payments and delinquent mortgages are beginning to pile up according to a new report by Equifax Inc.

Credit Card Increases Lead Over Other Payment Methods in Online Retail

added: 02-03-2009

As in overall e-commerce, credit cards are clearly the preferred payment method in European online retailing. Their share rose almost 6% year-on-year. Consumers use credit cards to pay for more than eight out of ten purchases in European online retailing.

Monetary Developments in the Euro Area: January 2009

added: 02-03-2009

The annual rate of growth of M3 decreased to 5.9% in January 2009, from 7.5% in December 2008. The three-month average of the annual growth rates of M3 over the period November 2008 - January 2009 decreased to 7.0%, from 7.9% in the period October 2008 - December 2008.

UK: Average house price falls 0.8 per cent in January to £156,753

added: 02-03-2009

Monthly house prices in England and Wales fell by 0.8 per cent in January, according to the latest figures from Land Registry. The average house price is now £156,753, down almost £28,000 on January 2008. This represents an annual decrease of 15.1 per cent.

Online Tax Filing Continues to Grow

added: 01-03-2009

The move to online tax filing continues to grow each year. And once consumers convert to online filing, they don't turn back, reports The Conference Board and TNS.

U.S. Light-Vehicle Retail Sales Through February 22 Down by Nearly 38 Percent From One Year Ago

added: 01-03-2009

U.S. Total New Light-Vehicle Sales Forecast for 2009 Revised Downward by One Million Units to 10.4 Million

Retail new-vehicle sales in the first 22 days of February were down nearly 38 percent compared with the same period one year ago, according to J.D. Power and Associates, which gathers real-time transaction data from more than 10,000 dealerships across the United States.

Americans Will Soon Have Medical Butlers to Assist in Medical Tourism Research

added: 01-03-2009

The number of Americans traveling abroad for healthcare is on the rise. Medical tourism will be a major consumer trend as the recession worsens and more Americans are left without health insurance, facing huge medical bills at U.S. hospitals.

Two-thirds of Teens and Young Adults Concerned About Personal Finances

added: 28-02-2009

Two-thirds of Millennials are "somewhat" or "very concerned" about their personal finances, according to a just-released study by youth-research firm TRU, a TNS company, measuring the near-term buying intentions of 12- to 29-year-olds amid the worst recession in more than a quarter-century.

Amidst Bleak Economic Outlook, New Study Reveals Opportunities for IT Suppliers Among Small Businesses

added: 28-02-2009

Despite concerns surrounding the current global recession, a new survey among IT professionals reveals that the majority of small businesses are cautiously optimistic and making fewer cut-backs in technology investments compared to those within mid-market and enterprise-sized companies.

Americans Don’t Expect New Stimulus Plan to Improve Their Finances

added: 28-02-2009

More than two-thirds of Americans do not expect the newly-approved $787 billion economic stimulus package will improve their personal finances, according to the First Command Financial Behaviors Index.

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