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U.S. Consumers are Trimming Holiday Spending

added: 07-12-2008

With a lagging economy and unemployment on the rise, savvy shoppers will be keeping a close eye on their holiday spending this season. Despite a boost on Black Friday, National Retail Federation is still forecasting U.S. retail industry sales will only increase 2.2 percent in 2008 - the least amount of growth in six years. So it's not surprising that a majority of consumers (54 percent) say they plan to spend less this holiday season than they did last year, according to a new survey commissioned by TrueCredit.com and conducted by Zogby International.

Business Marketers Now Spend Nearly Half Their Budgets Online

added: 07-12-2008

A survey of business-to-business marketers indicated that the migration of communications budgets from traditional media to online has accelerated to the point where nearly half of all spending, 47 percent, is spent on online marketing techniques today.

Organized Retail Market in India Looks to Security Solutions as It Expects 44 Percent Growth by 2012

added: 07-12-2008

In 2007, total sales for the India retail market comprised of organized and unorganized retailers were $339.7 billion. By 2012, the retail market is projected to grow to around $551.4 billion. In a country with over one billion inhabitants, consumer retail demand is growing rapidly as the region modernizes, paving the way for retail expansion. With rapid industry development, the majority of retailers focus on improving loss prevention solutions that maximize growth and profitability.

56 Percent of Americans Think U.S. Needs to Help Citizens More in Tough Economy

added: 07-12-2008

Consumer Reports' latest national survey finds that more than half (56%) of respondents think that government hasn't done enough for them in these tough economic times.

Emerging Markets Hold Potential for World Retail Software Markets, According to Frost & Sullivan

added: 07-12-2008

Despite unfavorable economic conditions in countries such as the United States and Japan, the prospects for the retail software market look particularly promising in the emerging Asia Pacific and Central and Eastern European (CEE) markets. This upward trend will continue, as retailers in these regions continue to focus on Business Intelligence (BI), analytics and customer centric solutions.

US Travelers Affected by the Economic Downturn, While International Travelers Have Not Changed Their Travel Plans Significantly

added: 06-12-2008

Global consumers are worried about the economy...but are going ahead with their travel plans. Americans worried by economy more than rest of world...travel plans affected to a higher degree.

Leisure Time Plummets 20% in 2008 - Hits New Low

added: 06-12-2008

Evidently the stock markets aren’t the only indices declining this year. America’s leisure time is shrinking, and how we spend that time is changing too. These are the latest results from The Harris Poll®, which has been tracking America’s leisure time since 1973.

Long Term Outlook Bright for Worldwide Telecommunications Industry Despite Current Economic Turmoil

added: 06-12-2008

Despite the unsteady state of the global financial markets, the worldwide telecommunications industry is expected to continue expanding over the next five years as continuing growth of wireless services in emerging markets offsets the spending slowdown in the advanced economies, says a new market analysis report from The Insight Research Corporation. According to the new industry market study, overall telecommunications services revenues are expected to grow at a compounded rate of nearly 10.3 percent over the next few years, reaching $2.7 trillion by 2013.

Rising Health Costs Prompt Women to Neglect Health

added: 06-12-2008

A new survey released by the National Women's Health Resource Center (NWHRC) highlights another troubling aspect of the current financial crisis: many women have failed to seek health care for themselves or their families to save money.

Fitch: U.S. Media and Entertainment Outlook Negative in 2009

added: 06-12-2008

On a macro basis, Fitch Ratings believes the world economy faces a severe global recession in 2009. Fitch forecasts that the contraction in output among the major advanced economies in aggregate will represent the steepest decline since the Second World War at about -1%. Fitch expects real GDP in the U.S. to decline approximately 1.2%, while inflation is forecast to be 2.7%.

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