Archive for September, 2009

The Conference Board Consumer Confidence Index dips in September 2009

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Conference Board Consumer Confidence Index®, which had improved in August, dipped in September. The Index now stands at 53.1 (1985=100), down from 54.5 in August. The Present Situation Index decreased to 22.7 from 25.4. The Expectations Index declined [...]

Fifth Third Mortgage Company helping new homebuyers before Government incentives end

Government’s tax credit for new homebuyers to end November 30
From tax credits to historically low mortgage rates to attractive home prices, first-time homebuyers are actively looking to get a piece of the American Dream. Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank and the 18th largest provider of mortgage financing in the country [...]

New Industry Group launched to facilitate for-profit investing that addresses social and environmental challenges

President Bill Clinton announced the launch of the Global Impacting Investing Network (GIIN), a non-profit organization dedicated to promoting more effective impact investing around the world, at the Clinton Global Initiative in New York City.
Impact investing is the use of for-profit investment to address social and environmental problems. The GIIN will promote the infrastructure, [...]

Taking advantage of the stimulus tax credit before it expires

If you hope to take advantage of the $8,000 federal tax credit for first time home buyers, you need to close on your new home by Nov. 30, 2009. We at the Santa Clara County Association of REALTORS advise planning ahead to avoid the disappointment of disqualification.
“The nationwide popularity of this stimulus tax credit may [...]

IBM survey: Three in four Americans choose quality over lowest price in food aisles

Respondents vow new shopping priorities won’t change when the recession ends
A new IBM study reveals that despite tough economic times, Americans at all income levels are refusing to sacrifice quality, value and nutrition to save money on food and health & beauty purchases. The current economy has, however, led U.S. shoppers to take a closer [...]

The Conference Board Germany Business Cycle Indicators

The Conference Board Leading Economic Index(TM) (LEI) For Germany And Related Composite Economic Indexes For July 2009
The Conference Board Leading Economic Index(TM) (LEI) for Germany increased 1.1 percent and The Conference Board Coincident Economic Index(TM) (CEI) remained unchanged in July.

The Conference Board LEI for Germany increased for the fourth consecutive month in July as new [...]

Mexican passenger and light commercial vehicle market to earn little respite from the dampened sales prospects

There has been a dip in the volume sales of passenger and light commercial vehicles, compared to the sales levels in 2007, due to a weakened economy and a consequent drop in the consumer confidence index. This situation is not likely to ease in the near future due the high interest rates offered by financing [...]

LA County announces: Nearly 40,000 seniors and disabled to lose home care service hours due to State budget cuts

Disability advocates encourage home care recipients to appeal cuts to their services to ensure that their safety and independence are not jeopardized
At the September meeting of the Los Angeles County Personal Assistance Services Council (PASC), officials from the Department of Public Social Services (DPSS) announced that nearly 40,000 Los Angeles County seniors and people living [...]

HTH Worldwide introduces Trip Protection Insurance with major medical benefits

HTH Worldwide, a global health and safety services company, today announced that its TripProtector(SM) insurance plans are now available with sickness, accident and medical evacuation benefits up to $1 million and medical assistance services that include direct payment to participating doctors and hospitals in over 180 countries.
Most trip protection plans on the market today [...]

Holiday shopping lists expected to remain lean Deloitte forecasts flat holiday sales

Consumers Continue to Embrace Thrift while Retailers Brace for a Chilly Season
With consumers still reeling from the toughest economic pressures in decades, retailers should expect sales to remain flat compared with the 2008 holiday shopping season, Deloitte forecast.
“Although there are signs that suggest the economy is nearing the end of its darkest days, many consumers [...]