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Restaurant Industry Outlook Improved Somewhat in January 2009

added: 02-03-2009

The outlook for the restaurant industry improved somewhat in January, as the National Restaurant Association's comprehensive index of restaurant activity bounced back from December's record low. The Association's Restaurant Performance Index (RPI) - a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry - stood at 97.4 in January, up 1.0 percent from December's record low level of 96.4.

Recession Putting Consumers at Increased Risk of Being Duped by Pyramid Schemes

added: 02-03-2009

With nearly a third of Americans saying the current recession has made them more likely to consider a home-based business offer, consumer advocates have issued a warning that fraudulent pyramid schemes disguised as legitimate business opportunities are posing a greater threat than ever to consumers' wallets and financial health. While "pyramid" and "Ponzi" schemes have received some media attention recently, with Bernard Madoff's allegedly fraudulent investment scams making headlines, it's clear that even the most sophisticated consumers are vulnerable to business opportunity scams.

Continued Bankruptcies, Late Payments, Mortgage Delinquencies Kick Off 2009

added: 02-03-2009

The deteriorating economy is evident in recent consumer credit woes as bankruptcies, past-due credit card payments and delinquent mortgages are beginning to pile up according to a new report by Equifax Inc.

Credit Card Increases Lead Over Other Payment Methods in Online Retail

added: 02-03-2009

As in overall e-commerce, credit cards are clearly the preferred payment method in European online retailing. Their share rose almost 6% year-on-year. Consumers use credit cards to pay for more than eight out of ten purchases in European online retailing.

Monetary Developments in the Euro Area: January 2009

added: 02-03-2009

The annual rate of growth of M3 decreased to 5.9% in January 2009, from 7.5% in December 2008. The three-month average of the annual growth rates of M3 over the period November 2008 - January 2009 decreased to 7.0%, from 7.9% in the period October 2008 - December 2008.

UK: Average house price falls 0.8 per cent in January to £156,753

added: 02-03-2009

Monthly house prices in England and Wales fell by 0.8 per cent in January, according to the latest figures from Land Registry. The average house price is now £156,753, down almost £28,000 on January 2008. This represents an annual decrease of 15.1 per cent.

Online Tax Filing Continues to Grow

added: 01-03-2009

The move to online tax filing continues to grow each year. And once consumers convert to online filing, they don't turn back, reports The Conference Board and TNS.

U.S. Light-Vehicle Retail Sales Through February 22 Down by Nearly 38 Percent From One Year Ago

added: 01-03-2009

U.S. Total New Light-Vehicle Sales Forecast for 2009 Revised Downward by One Million Units to 10.4 Million

Retail new-vehicle sales in the first 22 days of February were down nearly 38 percent compared with the same period one year ago, according to J.D. Power and Associates, which gathers real-time transaction data from more than 10,000 dealerships across the United States.

Americans Will Soon Have Medical Butlers to Assist in Medical Tourism Research

added: 01-03-2009

The number of Americans traveling abroad for healthcare is on the rise. Medical tourism will be a major consumer trend as the recession worsens and more Americans are left without health insurance, facing huge medical bills at U.S. hospitals.

Two-thirds of Teens and Young Adults Concerned About Personal Finances

added: 28-02-2009

Two-thirds of Millennials are "somewhat" or "very concerned" about their personal finances, according to a just-released study by youth-research firm TRU, a TNS company, measuring the near-term buying intentions of 12- to 29-year-olds amid the worst recession in more than a quarter-century.

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