Archive for February, 2010

Restaurant Performance Index declines slightly in January 2010

but Optimism for Future Business Conditions Strengthens
Same-store sales and customer traffic levels slip; Expectations Index tops 100 for the first time in 9 months
Restaurant operators gained confidence about future economic and business conditions in the first month of this year, according to the National Restaurant Association’s comprehensive index of restaurant activity. As a result [...]

The Conference Board Leading Economic Index for the Euro Area increases again in January 2010

The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.8 percent in January to 107.4 (2004 = 100), following a 0.9 percent increase in December and a 0.5 percent increase in November. Six of the eight components contributed positively to the index this month. However, its six-month growth rate has been slowing [...]

Insurance fraud is no laughing matter, costing honest New Yorkers millions

BUT THESE SCHEMES WERE HATCHED BY FOLKS WHO HAD TO BE JOKING, SAYS NEW YORK ALLIANCE AGAINST INSURANCE FRAUD
NYAAIF’s Picks for New York’s Most Foolish Fraudsters in 2009
Insurance fraud is an enticing enterprise for criminals throughout New York State, but you’ve got to wonder just what some of the state’s fraudsters were thinking when [...]

Unemployed? Here are 5 ways to save on 2009, 2010 taxes

If you’re unemployed, there are a few twists and turns in the tax code that can work to your benefit, according to CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).
1. You can exclude up to $2,400 of unemployment compensation from your 2009 gross income. [...]

Construction costs are forecasted to decline further in first quarter of 2010

Market pressures maintain downward influence on construction costs
Turner Construction Company announced that the First Quarter 2010 Turner Building Cost Index, which measures non-residential building construction costs in the United States, has decreased by 0.5% from the Fourth Quarter 2009 and decreased 7.74% from the First Quarter 2009. Construction costs have decreased by 13.06% since their [...]

New Legislation to Reform Tax Code includes provisions to legalize, regulate and tax internet gambling

The Safe and Secure Internet Gambling Initiative applauds the introduction of legislation today by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH), the Bipartisan Tax Fairness and Simplification Act of 2010, which includes provisions to legalize, regulate and tax Internet gambling.
“With so much media focus on the differences between Democrats and Republicans in Congress, this [...]

Get Smart and Save Money This Tax Season

The Illinois CPA Society Shares What’s New for Filing Your 2009 Return
A little knowledge could save you money on your 2009 taxes. Filing a tax return is more complicated than usual this year because of the large number of new and expanded deductions and credits; they can work to your advantage if you understand [...]

The Conference Board Consumer Confidence Index declines sharply in February 2010

Index Drops Nearly 11 Points
The Conference Board Consumer Confidence Index®, which had increased in January, declined sharply in February. The Index now stands at 46.0 (1985=100), down from 56.5 in January. The Present Situation Index decreased to 19.4 from 25.2. The Expectations Index declined to 63.8 from 77.3 last month.
The Consumer Confidence Survey® is based [...]

Unemployment, economic hardship among factors of foreclosures in the U.S.

In December 2009, U.S. owners of 349,519 properties received a foreclosure notice
ForeclosureListings.com, confirmed that the national foreclosure rate in January was one foreclosure filing for every 466 U.S. households; the most severe problems continue in the West and in Florida. Unemployment, economic hardship, negative equity, and credit availability are driving the foreclosures.
Yet between the months [...]

The Conference Board France Business Cycle Indicators for December 2009

The Conference Board Leading Economic Index(R) (LEI) For France And Related Composite Economic Indexes For December 2009
The Conference Board Leading Economic Index® (LEI) for France increased 0.6 percent and The Conference Board Coincident Economic Index® (CEI) remained unchanged in December.

The Conference Board LEI for France increased again in December as positive contributions from the [...]