Where people get information about restaurants and other
local businesses (The
Pew Research Center 12/14/11)
The 'Worm' That Could Bring Down The Internet, September
27, 2011 NPR Check your computer for this worm
How People Learn About Their Local Community by
Pew Research Center and the Knight Foundation
In all, the organisation's Luxury Consumption Index,
determining perceptions of the financial climate, stood at
66 points for the last quarter. This constituted a contraction
of more than 16 points measured against the total of 82.8
points recorded in an equivalent survey conducted three months
The Architecture Billings Index fell 0.9 point to
46.3 points in June, according the American Institute of Architects
(AIA). Any reading below 50 indicates contraction in demand
for architects' services, whose revenue predicts construction
activity nine to 12 months in the future. July
20, 2011 reuters
The Consumer Sentiment Index, which measures how consumers
are feeling financially when compared with a year ago, rose
slightly to 48.5 from the previous month’s index, but it continues
to lag in negative territory. Senior citizens and households
earning less than $50,000 have the weakest consumer sentiment.
Northeastern states had the most improved sentiment, but were
still negative at 48.1
The economy is treading water and really hasnt
shown any momentum toward recovery, said Ed Farrell,
a director at Consumer Reports National Survey Research Center.
Consumers remain cautious, especially households with
income less than $50,000, who have been hurt the worst and
face the biggest stresses regarding jobs, unpaid bills, and
health care access and affordability."
more ...ClarksVille Online 7-14-2011
NFIB: ‘Poor Sales’ Keeping Small Businesses Glum,
According to the National Federation of Independent Business'
June Small Business Optimism Index, small business
owners' optimism is relatively unchanged from May, still standing
its ground in recession territory. The index dropped one tenth
of a point in June to 90.8, driven down by expected real sales,
the report said. This marks the fourth consecutive drop in
the index. The survey was conducted in June 2011 among 3,938
small business owners and NFIB members. more...
Fox News 7-12-2011
TIC [Treasury International Capital] Net Long-Term Transactions:
China Net Buyer of U.S. Treasury Securities in May;
Foreigners Net Buyers $9.26B of U.S. Equities in May; Foreigners
Net Buyers $5.63B of U.S. Corp Bonds in May; Foreigners Net
Sellers $8.26B of U.S. Agency Debt in May; Foreigners Net
Buyers $37.95B U.S. Treasury Notes, Bonds in May; Net Foreign
Capital Outflow $67.5B in May; Net LT Securities Purchases
$23.6B in May; Net Foreign LT Securities Purchases $8.0B in
An interview with Ken Fowler
14. What are the factors that make or break real estate investments?
"In real estate, there's only one thing you need to do besides
buying at reasonable prices, opposed to being really stupid and
buying at the top all the time. I call it staying power. Real estate
will always come back but you'd better have staying power. If you
start levering it right up to the ying yang, you get in trouble.
If you buy a property for $1 million and you have $800,000 worth
of debt in it, you can lose your equity real quick."
15. There's a lot of talk about a real estate bubble forming, particularly
in the U.S. Does that worry you?
"Yes, it does. Everything goes up and down and real estate
is a roller coaster. So I wouldn't be rushing out to buy anything.
Edge Feb 2, 2006)
American Express Platinum Luxury Survey Shows Wealthy Gen X Consumers
Are Mighty in Luxury Buying Power, Spending More Than Baby Boomer
Population (Source PR
Wire June 7, 2005 )
Federal government spends $22,000 per household (Source PBS
Nov 10, 2005) The 2004 median household income in the US was $43.318
What you need to know about how CPI is calculated.
credit as a percentage of banking assets is high ... the US (164
per cent), UK (140 per cent), Korea (110 per cent), Malaysia (155
per cent), Germany (147 per cent), China (140 per cent), South Africa
(167 per cent), Thailand (112 per cent) and Singapore (102 per cent).
This not only means that the banking sector across the world is
at higher risk, but also that growth in other industries which have
been thriving on easy credit could suffer." June 28, 2004 Business
Articles: real estate, marketing and more.
News on oil market
current oil prices
Oil Capacity to Outstrip Demand Until At Least 2010
Energy Research Associates June 21, 2005
The hurricane season in the Atlantic Basin, which
includes the North Atlantic Ocean, Caribbean Sea and Gulf of Mexico,
runs from June 1 to November 30 each year. In the eastern Pacific,
the season begins on May 15 and ends November 30. Of course, hurricanes
and tropical storms can and do form outside these time periods,
Reasons for oil price increase:
- Sept. 13, Hurricane Ivan crossed the Gulf of Mexico, a source
for a quarter of U.S. oil, smashing rigs and shutting refineries.
This increased U.S. refiners' need for importing oil.
- We have a boost in demand from winter heating fuel needs
- The world market has very little capacity, see story below.
There are problems in Iraq, Nigeria and in the Middle East in
general. Norway is pumping about 150,000 barrels less a day because
of a three-month labor conflict (source
Bloomberg Oct 15, 2004)
Fuel damage assessment from Hurricane: About 475,000 barrels of
oil per day (BOPD) and about 1.8 billion cubic feet of gas per day
(BCFPD) remain shut-in (closed). Of this 31% of oil production and
55% of the gas shut-in production may be back on line by the end
of October. For the longer term, about 96% of the normal daily production
should be back on line within 6 months, Oct 8 2004. (source
US Dept of Minerals Management Service)
Is the age of oil coming to an end? Total global consumption
is expected to skyrocket in coming years -- from 82-million barrels
a day now, to about 121-million b/d in 2025. This increase would
exceed the entire current output of all members of the Organization
of Petroleum Exporting Countries. (National
fuel price check