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Tag Archives: economy

Recession Created Frugal, Reluctant Spenders

Despite the fact that the recession has turned around and is showing growth in certain sectors, consumer morale remains low, which can be seen in the slow start to the holiday season. McKinsey & Company, a multinational management consulting firm, surveys ... Read More »

Small Business Owners Optimistic of Future

For the first time since 2008, small business owners are the most optimistic and upbeat they’ve been since the start of the great recession, according to the latest Wells Fargo/Gallup Small Business Index. According to a press release covering the ... Read More »

US Economy Above Predictions in Third Quarter

During July, August and September, the nation’s economic output grew at a faster rate than the government expected, according to an article by The New York Times. Gas prices have dropped, leaving additional funds for other purchases, and consumers continue to boost ... Read More »

Thanksgiving Weekend Spending Drops 11 Percent

Thanksgiving weekend sales for brick and mortar and online retailers fell about 11 percent year over year. Thanksgiving, Black Friday and holiday weekend sales totaled about $50.9 million this year, down from the $57.4 billion of the same timeframe in 2013, according to ... Read More »

Single-Family Home Size Decreasing

As the housing market continues to recover, the size of newly built single-family homes is slightly decreasing. Single-family home sizes have been on the rise since the end of the recession, and now they are tapering off for the second ... Read More »

Financial Security on the Rise

Americans’ confidence in the U.S. economy is growing, according to a national Bankrate survey.  According to Bankrate, job security, debt, net worth and overall financial situation are areas in which Americans are experiencing more optimistic sentiments. These positive areas led the Financial ... Read More »

From Saving to Spending

As the holiday season quickly approaches, consumers plan to shift their saving strategies toward the end of the year. The Holiday Spending and Savings Study, conducted by Edward Jones, analyzed the upcoming saving to spending ratio consumers will sustain. With more ... Read More »

Remodeling Conditions Show Strong Growth

The National Association of the Remodeling Industry’s (NARI) third-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions indicated strong growth in the third quarter of 2014 with a rating of 6.41. Quarter-over-quarter increases are evident in ... Read More »