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The Conference Board Consumer Confidence Index in January 2008

added: 30-01-2008

The Conference Board Consumer Confidence Index, which had improved moderately in December, gave back the gain in January. The Index now stands at 87.9 (1985=100), down from 90.6 in December. The Expectations Index declined to 69.6 from 75.8. The Present Situation Index, however, increased to 115.3 from 112.9 in December

U.S. Mortgage Payment Index Shows That Low Down Payment Buyers Still Have Safe, Secure Options

added: 30-01-2008

As the mortgage lending market continues to tighten, first time homebuyers with low down payments still have choices, according to Dr. Susan M. Wachter, Professor of Real Estate and Finance at the University of Pennsylvania's Wharton School.

Small Business Owners' Concern: Not Enough Money for Retirement

added: 30-01-2008

Nearly half of small business owners are concerned they will not have enough money to retire (43 percent) and many say they are worried about not being able to pay for medical costs of a serious illness or accident (47 percent) according to the latest Wells Fargo/Gallup Small Business Index survey.

Average Salaries for Technology Professionals Increased 1.7 Percent in 2007

added: 29-01-2008

Dice, the career site for technology and engineering professionals, today announced the results of its 2007 Annual Salary Survey. The survey of more than 19,000 technology professionals found that average IT salaries in the U.S. increased 1.7 percent to $74,570 in 2007, with experienced technology managers seeing the largest increases.

Recession Fears Gripped Financial Markets

added: 29-01-2008

Recession fears gripped financial markets around the globe, sending share prices tumbling and forcing the Federal Reserve to make a dramatic rate cut — to stem the panic. What's going on? The now two-year slide in home building and buying, and in prices, certainly impacts other sectors of the economy. Rising fuel prices are sending transportation costs up

U.S. Foreclosure Activity Increases 75 Percent in 2007

added: 29-01-2008

RealtyTrac(R) released year-end data from its 2007 U.S. Foreclosure Market Report, which shows a total of 2,203,295 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 1,285,873 properties nationwide during the year, up 75 percent from 2006. The report also shows that more than 1 percent of all U.S. households were in some stage of foreclosure during the year, up from 0.58 percent in 2006.

New-Car Shoppers Do Not See Diesel as a Likely Mainstream Fuel Source

added: 29-01-2008

According to the latest Kelley Blue Book Marketing Research study, the vast majority of in-market new-vehicle shoppers do not see diesel as a likely mainstream fuel source in the future. The January 2008 results reveal that only six percent of shoppers think diesel is most likely to succeed in becoming a mainstream vehicle powertrain type, compared with 40 percent saying hybrids, 20 percent saying hydrogen fuel cell and 17 percent citing flexible-fuel systems.

Marketers Subdued About 2008 Spending

added: 29-01-2008

Drastic marketing budget increases are not likely this year for most marketers worldwide, based on a survey conducted by the CMO Council and sponsored by Deloitte Consulting, Marketo and TechTarget.

E-Mail Users Still Open Spam

added: 29-01-2008

Half of consumers surveyed recently by Endai Worldwide, an Internet marketing company, checked their junk mail on a daily basis. Worse yet for the spam-averse, 16% reported making a purchase from a message tagged as spam.

Cellphone Banking First Step toward Mobile Wallets in the U.S.

added: 29-01-2008

The U.S. seems to be moving closer to a goal of using mobile handsets to accomplish financial transactions and make purchases as several competing market players align on both technology and objectives, reports In-Stat. Although 2008 will not be “the year of mobile payments” in the U.S., some progress is likely, the high-tech market research firm says.

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