Discover(R) U.S. Spending Monitor(SM) Flat in February
The Discover U.S. Spending Monitor steadied in February as spending intentions flattened, while pessimism about the economy increased.
The Discover U.S. Spending Monitor steadied in February as spending intentions flattened, while pessimism about the economy increased.
Nineteen percent (19%) of adults are at least somewhat concerned that their taxes will be audited by the Internal Revenue Service each year.
The woman choking up on "Lou Dobbs Tonight" is about to lose her home. Heather DiStefano said that she and her husband can't hack monthly mortgage payments that have nearly tripled in three years to $3,100 from $1,300.
Small business owners' attitudes about the U.S. economy in February improved for the first time since July 2007, according to the Discover Small Business Watch.
The uncertain economy may be hitting home with Americans, as they continue to lose confidence in their personal level of financial security. The COUNTRY Financial Security Index recorded its second consecutive decline, slipping .3 points in February to 68.5.
The economy has emerged as a top voting issue for Election 2008, but that broad topic means different things to different people.
NEW YORK, NY, Feb 12, 2008 (MARKET WIRE via COMTEX) -- Nearly a third (29 percent) of US workers now consider work-life balance and flexibility to be the most important factor in considering job offers, according to a new Hudson survey.
The Hudson Employment Index(SM) held steady in January as worker confidence decreased by only three-tenths of a point to 89.0.
With the passing of the holiday shopping season, consumers are expecting to scale back their spending in January, as ratings of the economy and their personal finances worsened.
The Hudson Employment Index (SM), which measures the workforce’s overall confidence in the employment market, saw six out of eleven major cities remain steady or increase in worker confidence.
Worker confidence, as measured by the monthly Hudson Employment Index (SM), decreased in four out of seven industry sectors in January 2008. Confidence among African Americans suffered the biggest drop, plummeting 19.6 points to 67.5, the lowest of all the January readings.
A recent Rasmussen Reports national telephone survey found that most adults believe that a Microsoft-Yahoo takeover would be good for the economy. Sixty-percent (60%) share this view, while only 6% disagree and 33% are not sure.
The Hudson Employment Index (SM) for Atlanta fell for the third consecutive month in January, dropping 1.8 points 91.7. Financial concerns and decreased job satisfaction drove the decline. The city’s latest reading of worker sentiment is 18.6 points lower than last January’s Index of 110.3. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.
Following two consecutive months of dramatic drops, the Hudson Employment Index (SM) for Florida rose 2.7 points to 93.4 in January. Fewer expected job cuts and a stronger sense of job security helped boost workers’ morale. Nevertheless, Florida’s latest measure of worker confidence is nearly 25 points lower than last January’s 118.3. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.
Worker confidence in Pennsylvania fell for the third consecutive month in January, as the state’s Hudson Employment Index (SM) decreased 7.1 points to an all-time low of 81.6. Weaker hiring expectations and less confidence in personal finances triggered the decline. The state’s measure of worker confidence is nearly 20 points shy of last January’s 100.1. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.
The Hudson Employment Index (SM) for Boston held steady in January, slipping just 0.1 points to 91.9. Improved perceptions of workers’ finances were offset by less confidence around hiring and job security. The current measure of worker confidence is well below last January’s reading of 98.0. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.
After five consecutive months of declining numbers, confidence among accounting and finance workers began rebounding in January, as the group’s Hudson Employment Index (SM) rose 3.3 points to 96.0. Increased job security and better hiring expectations contributed to the up-tick. The Index for accounting & finance workers was 119.8 last January. The composite Index, which is based on responses from approximately 9,000 workers across all occupations, held steady at 89.0.
Confidence among manufacturing workers declined for the third consecutive month in January, as the sector’s Hudson Employment Index (SM) dropped 2.2 points to 77.4. Financial concerns helped drive the decline. In contrast, the Index for manufacturing workers was more than 11 points stronger last January, when it registered 88.9. The composite Index, which is based on responses from approximately 9,000 workers across all occupations, held steady at 89.0.
The Hudson Employment Index (SM) for Hispanics rose 1.8 points to 85.4 in January. Conversely, the monthly measure of worker confidence for African Americans plummeted 19.6 points to 67.5. The composite Index, which is based on responses from approximately 9,000 workers from all races and ethnicities, held steady at 89.0.
Worker confidence sank in Dallas-Ft. Worth in January, as the market’s Hudson Employment Index (SM) fell 5.7 points to 103.7. Record low hiring plans and more layoff expectations triggered the decline. Dallas-Ft. Worth’s latest measure of worker confidence falls short of last January’s 106.1. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.