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Climate Challenging for Non-Profits
It’s a classic paradox: as the economy has gotten tougher, people have less money to give, yet non profits find more people needing their help. Studies have shown that charitable giving tends to track in step with the Dow Jones average. In 2008, the Dow Jones fell 34.3 percent. Typically, non-profits can expect an increase [...]
Loan Delinquencies Hit Record Level in 2008
It’s no surprise that consumers struggled to pay their bills last year. Loan delinquencies for autos and homes reached the highest levels on record in the third quarter of 2008. Job losses, of course, accounted for a large portion of the reasons. But as credit tightened up, it also limited the consumers’ ways to juggle [...]
Signs the Economy and Spending May Be Poised to Grow
If history is a reliable judge of the present, the current recession may be about to breathe its last.
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