Third Quarter 2009 Foreclosures at an All Time High
An improving economy
The media and Uncle Sam want us to believe that times are getting better and that we are crawling out of the recession. In fact, there are some economic indicators that the economy is starting to come around.
The last few weeks have provided an increase in consumer spending, [...]
Boston Marathon Means Big Bucks for Retailers
No sales slump in marathon merchandise
It appears the recession is not dissuading Boston Marathon runners from marking the occasion with souvenir merchandise. Sales at the three-day John Hancock Sports and Fitness Expo are right on track compared to previous years. In fact, the race’s official outfitter, Adidas, plans to double [...]
Summers Points to Signs that Economic Stimulus is Working
Obama Adviser Speaks on Economy
President Obama’s top economic adviser, Larry Summers, said in a speech today that he believes the $787 billion economic stimulus plan is already working. He spoke at the Brookings Institution late this morning.
He says jobs have already been saved and consumer spending seems to be stabilizing.
Too [...]
Small Gems of Good News About the Economy
Consumer spending, manufacturing index up
We all know that many sectors of the economy are continuing to get worse. However, there are a couple of key economic indicators that are ever-so-slightly getting better.
Manufacturing and consumer spending have both shown small increases this year.
Manufacturing taking a turn?
Despite many predictions to the contrary, [...]
Pizza Profit Plummets | Saving Slices into Industry
Sales slip at Pizza Hut, Domino’s, Papa John’s
Every major pizza chain in the United States has reported a drop in sales at all stores that have been open at least a year.
Along with Domino’s and Pizza Hut, Papa John’s sales fell over the last year. However, Papa John’s was able [...]
Cash Advances Needed | How can Saving be Killing the Economy?
Different borrowing, more saving
While it’s true that more people are relying on cash advances now, there are also a higher number of people stashing money in their savings accounts.
I will be the first to admit that when I read the headline “Why Saving is Killing the Economy,” I rolled my eyes.
Sensational [...]
World of Retail by Your Payday Loans Source
Many Americans are using payday loans nowadays, but responsible citizens only use them for necessities. Consumer spending reports show that people are spending less, they have been for months, and that is not likely to change any time soon.
A different outlook
In “The Big Bing Blog” on Fortune Magazine’s Web site, [...]
From Payday Loans, to Payday at the Pump!
Falling Pump Prices Are Raising Checkbook Balances
Today marks the 75th day that gas prices have fallen and another day that consumers are saving money at the pump. This is good news for Americans approaching the Christmas holiday, when a lot of people get payday loans for those holiday gift expenses.
Payday [...]
Are You Financing The Holidays With Payday Loans?
Exercising Your Budget to Keep You off the Debt Treadmill
With Thanksgiving now behind us and the biggest day of year just ahead of us, we all begin to get a little anxious about getting our gift shopping done. Between family and friends, it can be difficult financially to get everyone [...]
A 4 Trillion Yuan Credit Repair, Instant Payday Loans Injection
Some Good News for China
China’s government has revealed that it is going to deliver a credit repair, instant payday loans economic stimulus package that is larger than any such program in the country’s history.
According to a report in The Economist, the plan aims at the following areas:
The two-year spending initiative [...]
What Would an Extra $200k do for You? You Wouldn’t Need Payday Loans!
$700 billion dollar bailout!
You wouldn’t need payday loans if you had a personal bailout, now would you? And, a 700 billion dollar bailout! Clearly a figure that is difficult to comprehend.
If you watched 60 minutes last week, you now have a clear picture of just how this bailout came [...]
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