Posts Tagged ‘ economy ’
In many ways it's wrong to refer to Brazil, Russia, India and China as "developing" markets — by some measures they can be considered just as developed as the "developed" markets. [ READ MORE ]
As of October 18, 2010, 6.5% of U.S. adults have changed jobs for something better in the previous year. That's a relative decline of 34% compared to January 14, 2008, when 9.9% of Americans said they had changed jobs for the better.[ READ MORE ]
Discount stores appear to be weathering the recession better than some of their full-price counterparts, as they carry first-quality designer merchandise at competitive prices.[ READ MORE ]
Over the past two and a half years, there has been an 11% decrease in the percent of U.S. consumers who think that it is worth paying extra for quality goods and a nine percent decrease in the percent of consumers who say they enjoy owning quality things.[ READ MORE ]
Interestingly, employed Americans now seem to be more jittery about the future of the U.S. economy than the unemployed. Simmons DataStream reveals that on July 19, 2010, only 18.5% of employed Americans were optimistic about the future of the U.S. economy compared with 37.7% of employed adults who were optimistic on August 3, 2009, a relative decline in optimism of 51% in just a year.[ READ MORE ]
American consumers have gone through many a tribulation in the past two and a half years. Hopes were pinned on an economic recovery that was going to be spurred by resumed consumption growth. Nonetheless, we seem to be far from it, at least for the time being, which has had a negative impact on the [...][ READ MORE ]
On January 11, Mark Zandi, chief economist and co-founder of Moody’s Economy.com said at the National Retail Federation’s Annual Convention and Expo in New York that total U.S. retail sales will grow between 3 and 4% this year. Consumers’ increasing optimism about their financial situation and the future of the American economy could indeed spur [...][ READ MORE ]
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