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For Active Traders, 2010 Can’t Come Soon Enough
According to a recent online survey of more than 270 retail investors conducted by online broker TradeKing, most investors are writing off hopes of a recovery this year and looking to 2010 for relief. In the survey conducted during the last week in October 2009, 47 percent of investors described their market outlook as “neutral” or “not sure,” which are among the highest levels reported... [Read more]
Most Americans Are Still Upbeat and Optimistic – But Less So than in the Recent Past
A new Harris Poll finds that the great majority of the public is satisfied with their lives, and that most people believe that their personal situation will improve over the next five years. The numbers who feel this way are lower today than they were in the last few years, but most Americans are still upbeat and optimistic in spite of the economic tough times and the increase in unemployment.... [Read more]
Will the $10 Billion Business Tax Refund in Unemployment Bill Help Save Retail Jobs
With the passage of the $10 billion business tax refund bill help retailers leading up to the holiday season? One entity thinks so. The National Retail Federation welcomed the passage of legislation that will bring recession-plagued retailers and other businesses more than $10 billion in badly needed cash by lengthening the period during which they can “carry back” current losses to claim a tax... [Read more]
R&D Spending Increases Despite Recession Trends
In the face of a severe global recession, the world’s 1,000 largest publicly traded corporate research and development spenders actually increased spending on R&D in 2008, affirming the critical importance of innovation to their corporate strategies, according to global management consulting firm Booz & Company’s fifth annual analysis of global innovation spending, released today. R&D... [Read more]
Consumer Confidence Continues to Rise
Consumer confidence in the overall economy improved, while confidence in technology and consumer electronics fell slightly in October, according to the latest figures from the Consumer Electronics Association and CNET. The CEA-CNET Index of Consumer Expectations (ICE) climbed five points to 174.1 in October. The ICE, which measures consumer expectations about the broader economy, is up 10.4 points... [Read more]
Small Businesses Getting Ready to Hire
The nation’s unemployment rate may have hit a 26-year high in September but many small businessowners are getting ready to hire. The latest Intuit Payroll survey found that nearly half of the small business owners surveyed, 44 percent, are planning to hire new employees within the next 12 months. At the same time, many small business owners believe that benefits are key to attracting new hires... [Read more]
Consumers Willing to Drive More than an Hour for Their Best Deal
38% of U.S. auto buyers are willing to drive more than an hour for their best deal, highlighting the importance of aggressive advertising by dealers. The Fall 2009 Ad-ology Media Influence on Consumer Choice survey also found online media is now more influential than social or traditional media on auto purchasing/leasing decisions. Manufacturer Web sites influenced nearly half of recent purchasers.... [Read more]
Economy to Impact Two-Thirds of Families this Holiday Season
Retailers are about to embark on the holiday season of the serious bargain hunter. According to NRF’s 2009 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, U.S. consumers plan to spend an average of $682.74 on holiday-related shopping, a 3.2 percent drop from last year’s $705.01. It comes as no surprise that the economy was an overriding theme throughout this year’s survey.... [Read more]
Online Retailers to Emphasize Free Shipping, Social Media this Holiday Season
The economy is not only impacting shoppers, it’s affecting online retailers, too. According to results of Shop.org’s eHoliday Study shoppers will see changes in retail marketing and promotions this holiday season in response to economic uncertainty. With an understanding that many of today’s shoppers use Facebook and Twitter regularly, and because these tools are more cost-effective than traditional... [Read more]
Gen Y Say Investing Is Fun!
Generation Y’s attitude toward investing is such a sharp departure from preceding generations that these new investors are changing perceptions of investing. A new survey commissioned by online investing firm Scottrade shows that young investors (born 1983-1991, ages 18-26) are the most likely to manage their own investments and to describe investing as “fun and interesting.” ... [Read more]
