Young adults, in response to the economic downturn, are beginning to be more cautious about their credit spending. As a group, they’ve grasped the seriousness of the financial crisis and want to be sure they don’t make the same mistakes as previous generations with regard to debt. According to a Yankelovich study, 52% of Young Millennials
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This week’s SpendingPulse report of U.S. gasoline demand reveals that consumption increased to the highest level so far this year, yet still falls short of 2010 levels. For the week ending April 15, 2011, demand fell for the seventh-consecutive week in year-over-year terms, down 1.6% from a comparable week in 2010. The average retail price of
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It has been pointed out repeatedly that Japan is the best prepared country in the world for natural disasters. Not only is this true in terms of infrastructure and preparedness logistics; but it is also true in terms of the society itself. There are, however, a number of considerations that would temper this upbeat picture.
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Yesterday we shared the latest SpendingPulse gasoline demand results and the number one observation continues to be that drivers are decreasing their gasoline consumption compared to a year ago as the prices at the pump continue to rise rapidly. For the week ending April 8, 2011, U.S. motor gasoline demand fell for the sixth consecutive week
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Remittances, otherwise known as money transfers, are big business in Mexico. So much so that money transfers from the United States accounted for 2.5 percent of Mexico’s GDP or U.S. $26 billion in 2009. What’s even more staggering is that over 70 percent of Mexican immigrants living in the United States send money back home
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