Economy
4000 Arizona teachers issued pink slips
Apr 23rd
Arizona teachers will have to face tough times in the coming few months, though there is no fault from their end. The fault is with the government for not providing a budget for schools though the nest fiscal year is set to begin as early as July 1st.
Total layoff notices issued in the alleged 120 districts count to around 5,500. And around 4,000 of them are… ...>Continue reading
Government To Adopt Cost Cutting
Apr 23rd
Entire America is into cost cutting these days. We see how people have reduced their expenditures, significantly in order to comply with the economy crisis. Then many big and small businesses have joined these cutbacks. Did we leave anybody out there? Oh, yeah! The government. We have recent news that Obama has ordered his cabinet to figure out cost cutting measures. So, the government is also joining the… ...>Continue reading
Home Sales Still Worse In March
Apr 22nd
Though there is a significance decline in home prices, the home sales are still not showing positive numbers. There is no supporting customer demand or consumer confidence, to the lower home prices. Thus, it is still not possible for the housing sector to recover from the recession.
However, there were some places in US, which showed growth in home sales. In addition, there are some places… ...>Continue reading
Multi Channel Strategy Worked Out Well During Recession
Feb 21st
As U.S. online sales increased at a faster rate in 2008 than total retail sales in 2007, chain retailers with collective e-commerce sales prospered best. According to an original analysis of data for Internet Retailer, e-commerce sales increased by 19 percent, whereas chains with collective e-commerce sales saw sales increased to 31.9 percent in 2008.
75 of the top 500 web merchants consist of 51 web-only merchants, 14 catalog… ...>Continue reading