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comScore Reports $50 Billion in Q4 2011 U.S. Retail E-Commerce Spending, Up 14 Percent vs. Year Ago

By Guest PostFebruary 6, 2012Economy, Technologyandrew lipsman, Comscore, double digit, ecommerce, fourth quarter, gian fulgoni, green monday, industry analysis, sales estimate, smartphone, u.s economy

Spending Reaches $161.5 Billion for Full Year 2011 Marking 13 Percent Gain

comScore Chairman Gian Fulgoni to Present Update on Q4 2011 E-Commerce Trends in Upcoming Webinar

RESTON, VA, February 6, 2012 – comScore, Inc., a leader in measuring the digital world, today released its Q4 2011 U.S. retail e-commerce sales estimates, which showed that online retail spending reached $49.7 billion for the quarter, up 14 percent versus year ago. This growth rate represented the ninth consecutive quarter of positive year-over-year growth and fifth consecutive quarter of double-digit growth rates. For the entire 2011 year, U.S. retail e-commerce spending reached a record $161.5 billion, marking a 13-percent increase from 2010. (more…)

Investment Risk Tolerance Affected by Age, Economic Climate, MU Study Shows

By Guest PostJanuary 5, 2012Economyasset preservation, client education, counter productive strategy, economic climate, economic outlook, federal reserve board, financial planners, financial risk, investment goals, investors, market fluctuations, pragmatic relationship, risk tolerance, risks, rui yao, steady source of income, stock market, time period, turbulent economy, u.s economy, united states, university of missouri

COLUMBIA, Mo. – As the U.S. economy continues to lag, many investors remain wary about taking risks with the stock market. Now, researchers at the University of Missouri have concluded that this attitude toward investment risk-taking is influenced by the age of the investor and the economic climate of the time period. Rui Yao, an assistant professor of personal financial planning in the College of Human Environmental Sciences at MU, found that willingness to take financial risks, or “risk tolerance,” decreases as investors age.

“Age has a pragmatic relationship with financial risk,” Yao said. “Each additional year of life represents a shortened time horizon for recouping market losses. In addition, individuals approaching or in retirement may shift focus from asset accumulation to asset preservation. These individuals may become relatively more concerned about potential loss of money when they are closer to retirement or no longer have a steady source of income.” (more…)

United States Ranks 20th in Holiday Spending

By Guest PostDecember 25, 2011Economy20th largest, americans, amount of holiday gift giving, december, gross domestic product, joel waldfogel, national science foundation, satisfaction, scroogenomics, somebody, spending, u.s economy, university of minnesota

*Americans typically spend $70 billion more in December than in November and January*

Americans typically spend $70 billion more in December than in the average of November and January (the months around December). In a recent National Science Foundation-sponsored interview, Joel Waldfogel, the Carlson School’s Frederick R. Kappel Professor of Applied Economics at the University of Minnesota uses that increase to measure the amount of holiday gift-giving. This level of spending is lower than in other countries. “We’re about the 20th largest in terms of countries in the world,” said Waldfogel, referencing how much U.S. December spending increases. (more…)

Economic Cost of Weather May Total $485 Billion in U.S.

By Guest PostJune 25, 2011Environmentaverage precipitation, changes in the weather, cooler than average days, drought, economic impact, economic model, Economy, geographic pattern, hurricanes, impacts of climate change, jeff lazo, national center for atmospheric research, national oceanic and atmospheric administration, national science foundation, ncar, new york, noaa, nsf, precipitation, rain, sarah ruth, stratford, summer thunderstorms, temperature, tennessee, texas, tornado outbreaks, tornadoes, u.s economy, united states, variations in temperature, weather events, weather sensitivity, weather variations

*Routine weather events can add up to huge annual economic impact*

Everything has its price, even the weather.

New research indicates that routine weather events such as rain and cooler-than-average days can add up to an annual economic impact of as much as $485 billon in the United States.

The study, led by scientists at the National Center for Atmospheric Research (NCAR), found that finance, manufacturing, agriculture and every other sector of the economy is sensitive to changes in the weather. The impacts can be felt in every state. (more…)

Tag Archives: u.s economy

comScore Reports $50 Billion in Q4 2011 U.S. Retail E-Commerce Spending, Up 14 Percent vs. Year Ago

Investment Risk Tolerance Affected by Age, Economic Climate, MU Study Shows

United States Ranks 20th in Holiday Spending

Economic Cost of Weather May Total $485 Billion in U.S.