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2008 (down 60% Y/Y) Property sales remained relatively strong (total year 2013 was up 8.4% from 2012), supported by increased cash purchases (which accounted for more than 40% of Q4 sales) HARP origination volume has declined significantly (down 70% Y/Y), with fewer existing loans now eligible for the program: approx.
Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. percentage point to GDP growth in 2008 and 0.3
European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. in June, bringing total sales for the first six months of the year to just 6.44 Among smaller markets, sales plunged 42.7%
Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Italy: Sharpest drop in retail sales since April. In Italy, Markit reports Sharpest drop in retail sales since April. Rate of decline in retail sales accelerates for second straight month. Tuesday, July 30, 2013 11:17 AM.
Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. Mortgage REITs Clobbered as Leverage Forces Sales. December 2008 (85). November 2008 (78). October 2008 (108). May 2008 (73).
After a quick spike of sales, future demand will be lower. So the effective cost per incremental new house sale was $43,000. 2010-Present: Off the road 2009 Stats: Airline Miles: 24,902 Nights away from home: 73 (of 216: 34% of nights) AMEX Charges: $21,220 2008 Stats: Airline miles: 87,589 Nights away from home: 159 (of 365: 43.6%
Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective. percent in June, the most since February 2008. Sales dropped 2.2
Tuesday, September 9, 2008. Hes absolutely hammered the sales and marketing division of a particular CPG all week, calling ex and current employees in his quest to dig up the competitive intelligence information the engagement manager has asked him to collect. Tuesday, September 9, 2008. Timmy calls Bob Johnson, his manager.
Tuesday, November 11, 2008. After seeing so many markets down, my cousin in the hunting business informed me that gun sales have been surging, due to Obama winning the presidency. Tuesday, November 11, 2008. Finally, two counter-cyclical markets. Who knew he could stimulate the economy so quickly? Newer Post. Older Post.
Thursday, September 4, 2008. His goal; to ferret out their trade spend as a % of sales and their sales organizational structure. thats like what, 7% of sales or something, right?". Thursday, September 4, 2008. Classic Consulting Quotes. Chapter 4, Part 1). Scene: Open workspace at the firms* office.] Newer Post.
Wholesale Inventories Rise, but Sales Drop Sharply. wholesale inventories rose more than expected in January, as companies built up stocks of autos and machinery, though sales posted their largest decline in nearly five years. Sales at wholesalers fell 1.9 Economists had forecast sales to edge up 0.2 Finance reports U.S.
Thursday, September 18, 2008. Timmys search for competitive intelligence on a CPG competitor to the client has been found out, and his ear was chewed out over the phone by the VP of the target firms sales & marketing organization. Thursday, September 18, 2008. Classic Consulting Quotes (Chapter 4, Part III). Newer Post.
The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely. But the fallout is far from over.
Youll hear more about this over the month or two, as November/December closed sales are published as being way down. Source: NWMLS: Tax Credit Boosts November Closed Sales as Pending Sales Drop Through the Floor. Source: NWMLS: Tax Credit Boosts November Closed Sales as Pending Sales Drop Through the Floor.
For context, I asked this exact same question in October 2008 at the start of the Great Recession. In the case of the Great Depression, Black Monday 1987, and the Great Recession of 2008, the assets in question were stock market prices. We were extremely close to a great depression in 2008. They are very straight forward.
For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. AI wasn’t new at Microsoft.
This Silicon Valley-based previous electrical engineer with a passion for theater studied at Carnegie Mellon, then started his career in product marketing and sales before becoming a VP General Manager. Global Context was formed back in 2008, just prior to the stock market crash. Building A Business on Cross-Cultural Communications.
I explained this in an article that was published in Harvard Business Review in 2008, before any of those companies began, and, now, 10 years later, that still holds true, as more and more of the business discourse is focused on digital transformation.
It’s an insight that I shared with a few thousand CEOs during the 2008 to 2009 Great Recession. The old way of thinking: “We are better than our competitors, so we should be winning sales.”. It turns out that all of their sales and marketing materials were geared toward the message, “why buy from us vs. another direct competitor.”.
Hormel Cure 81 hams were allegedly on sale for $3.99 Kim notified me "the sale price was $3.99" and it was reflected on the receipt. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73).
If there is no logline, more often than not, there is no sale. ” In 2008 it was that the MacBook Air was “the world’s thinnest notebook.” Hollywood screenwriters typically get three to five minutes to propose an idea, but it takes only around 45 seconds for producers to know if they want to invest.
Yet, the yoy rate of real final sales per capita is below 1% for the second quarter in a row, whereas the second quarter annualized rate is near contracting. annualized real final sales per capita rates would have been reported as contracting. December 2008 (85). November 2008 (78). October 2008 (108).
In fact, in 2007-2008, Israel received the highest amount of venture funding per capita, which is more than any other nation in the world. In 2008, per capita venture capital investments in Israel were 2.5 eBay bought the company for $169M in January of 2008. QUICK REVIEW.
Philadelphia : 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73).
It may be viewed by some as kicking the can down the road, but it may prove to the state that we need a (countywide) sales tax.". December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73).
The product, owned by Germany’s Brandstatter Group, generated 90% of the firm’s $696 million in sales last year. The luxury SUV that set a record for pre-sales. At the time, gasoline prices were soaring and sales of large SUVs had declined. One is a sales force that is easily meeting its targets with the product.
We also discussed the importance of the expansion of their services business as a counter to lower sales as well as the very active management of their pipeline given the volatility of their customer base. Tuesday, May 19, 2009. I am a strategy consultant at. of nights) AMEX Charges: $83,296. Consulting. (88). Analysis. (40). Bitterness. (26).
Clearly the pace of sales is very far below the business plan. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73). April 2008 (78). March 2008 (82). February 2008 (80).
Nearly 40% of car factories in North America now operate on work schedules that push production well past 80 hours a week, compared with 11% in 2008, said Ron Harbour, a senior partner with the Oliver Wyman Inc. factory recently cut 500 workers after sales of its new Passat sedan swooned. management consulting firm.
Today’s emphasis is on ZS Associates (pronounced Zee S in the USA) – a premier boutique firm focused on sales force and marketing optimization. Upon realizing that their findings were highly applicable to the problems of sales force sizing and resource allocation, they decided to investigate further. sales force teams.
Instead, it is sitting on a pile of cash worth about $280 million—50% higher than its pile a decade ago, equivalent to one-fifth its annual sales, and more than twice the level required for the firm to be deemed loan-worthy by a bank. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140).
And that is bad news for an industry whose sales in their home markets is already complicated by the financial crisis. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73). April 2008 (78).
My strongest and earliest memory of depression and suicidal thoughts occurred in the two years leading up to 2008. In early 2008, it became beyond obvious that the math on the mortgage no longer worked. All of my prospective clients decided not to buy anything for the upcoming year, and my future pipelines of sales declined by 100%.
Consumers opened their wallets some more in March, spending an average of $89, reflecting the normally expected seasonal spring increase in sales. Longer-term, Americans self-reported spending is much stronger than it was from late 2008 to late 2011, but continues to trail early 2008, before the recession gained momentum.
Some of the growth is driven by record-low interest rates, supporting auto sales that account for almost a quarter of the increase in spending on long-lasting items. From 2008 through this year, the annual rise in the number of households has averaged less than 1 percent. Unless the top 10% increase spending ~6%/yr.,
an hour wages, but only for retailers with corporate sales of $1 billion or more. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140). August 2008 (93). July 2008 (104). June 2008 (97). May 2008 (73). April 2008 (78). March 2008 (82).
For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run. The company, with its 100% commitment to remote work, today generates more than $400 million per year in sales revenue.
Anecdotal evidence indicated that increased production, and expansions in sales teams, had compensated for strategic reductions in payroll numbers. Recall that prime minister Shinzo Abe wants taxes to double the sales tax rate from 5% to 10% by 2015 which will further decrease demand. December 2008 (85). November 2008 (78).
Athens and the troika are at odds over an unpopular property tax and a sales tax for restaurants, while a shortfall of more than 1 billion euros has emerged at state-run health insurer EOPYY, meaning automatic spending cuts may have to be agreed to bring it back on an even keel. December 2008 (85). November 2008 (78).
Richmond, California, is backing a plan to buy mortgages in low-income areas for as little as 25 cents on the dollar and may force the sales under eminent domain laws, moving forward with a controversial program that would potentially seize control of home loans from investors. California passed Proposition 99 in 2008. July 2008 (104).
Initial industry monitoring of digital advertising revenue for some magazine iPad versions found that sales increased about 25% in the first half of 2013. A major drop-off in ad pages occurred from 2008 to 2009 (17%.) December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140).
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