March 2010

Texas unemployment rate stays at 8.2 percent in February

Texas lost 13,000 jobs in the month of February 2010. And as a result, Texas has over a million unemployed for the first time during this recession, according to the U.S. Department of Labor.

Ohio Association of Realtors says that home sales up in February

The Ohio Association of Realtors says February's snowy and icy weather throughout Ohio did not hurt the state's home sales, reports the Associated Press.

Varying trend in foreclosure activity among top 10 metro areas

In the top 10 metro areas for foreclosures, some saw significant increase in foreclosure filings for the month of February, while others saw significant decrease in foreclosure activity for the month, according to a foreclosure tracking report.

Mississippi announces more budget cuts in March 2010

The state of Mississippi government had to make additional budget cuts because state revenues are coming in below expectations.

Six states account for more than half of foreclosure activity

Six states accounted for most of the foreclosure activity in the country in February. These six states totaled 61% of all foreclosure activity, according to a foreclosure tracking report.

Construction industry job growth in 2010 in Hawaii Maryland Rhode Island Colorado

Although most parts of the country are losing jobs in the construction industry, some states will buck this trend. They are Hawaii, Maryland, Rhode Island, Colorado and Alaska.

Ohio Governor commits to enrol all uninsured children eligible for SCHIP

Ohio Governor Ted Strickland announced on March 11, 2010 that Ohio is joining a national challenge to enroll the 77,000 uninsured Ohio children who are eligible for Medicaid under the State Children's Health Insurance Program (SCHIP), but not enrolled.

Construction industry jobs forecast 2010 dismal for West Virginia Nevada Delaware and Ohio

The construction industry is forecast to lose many more jobs in many parts of the country, however some of the states that are expected to be affected badly are West Virginia, Nevada, Delaware and Ohio.

Four million more people working part time than 2 years ago

In February 2010, the number of person working part time due to economic reasons increased by 480,000, according to the US Department of Labor. The total for February is 8.8 million.

Number of U.S. millionaires rose 16 percent in 2009

The economic outlook is rosy — at least for people earning $150,000 or more. These groups are generally doing well, thanks to the rise in the stock market in the last year.

Manufacturing industry top states by percentage of state economy

The state that relies the most on the manufacturing industry contributed 3.9% of the manufacturing industry's economic output in the United States.

Government sector top states by percentage of state economy

The state that relies the most on the government sector contributed 1.8% of the government sector's economic output in the United States.

Agriculture sector top states by percentage of state economy

The state that relies the most on the agriculture sector contributed 2.2% of the agriculture sector's economic output in the United States.

Construction industry top states by percentage of state economy

The state that relies the most on the construction industry contributed 1.8% of the construction industry's economic output in the United States.

Healthcare industry top states by percentage of state economy

The state that relies the most on the healthcare industry contributed 0.5% of the healthcare industry's economic output in the United States.

Restrictions on credit card late payment penalties proposed by Federal Reserve

The Federal Reserve proposed restrictions on the charging of credit card late payment penalties and banning the practice of charging inactivity fees on credit cards. These proposed rules are part of the third phase of rules per the Credit Card Act of 2009 which was enacted in May 2009.

What is credit card and debit card blocking and how to avoid credit card and debit card blocking

If you have ever been told you were over your credit card limit, or had your debit card declined, even though you knew you had available credit, or money in your bank account, then this could have been credit card or debit card "blocking." Did this happen shortly after you stayed in a hotel or rented a car? If so, the problem could have been credit card or debit card "blocking."

Finance and insurance industry top states by percentage of state economy

The state that relies the most on the finance and insurance industry contributed 1.9% of the finance and insurance industry's economic output in the United States.

Professional and technical services industry top states by percentage of state economy

The state that relies the most on the professional and technical services industry contributed 1.9% of the professional and technical services industry's economic output in the United States.

Information industry top states by percentage of state economy

The state that relies the most on the information industry contributed 3.4% of the information industry's economic output in the United States.

Mining industry top states by percentage of state economy

The state that relies the most on the mining industry contributed 3.6% of the mining industry's economic output in the United States.

State economies where manufacturing is number 1 industry

There are 17 states in which the manufacturing industry is the biggest contributor to the state's economic output.

State economies where government is number 1 sector

There are 18 states in which the government sector is the biggest contributor to the state's economic output.

US GDP in the fourth quarter of 2009

Real gross domestic product (GDP) in the US increased by 5.9% in the fourth quarter of 2009, according to the U.S. Department of Commerce.