Irish Castle photo

Did you know…

In 1780, to honor his many Irish troops, General George Washington issued a proclamation during the Revolutionary War, declaring St. Patrick’s Day a holiday for the Continental Army. Washington remarked that the proclamation was “an act of solidarity with the Irish in their fight for independence.”

St. Patrick’s Day is celebrated by many nationalities, especially the 34.7 million U.S. residents who claim Irish ancestry. This number is almost nine times the population of Ireland itself. Irish is the nation’s second most frequently reported ancestry, trailing only those of German ancestry.

There are nine places in the U.S. that share the name of Ireland’s capital, Dublin. The two largest cities are Dublin, California, with a population of 39,328, and Dublin, Ohio, with a population of 34,964.

You better get prepared… there’s no such thing as job security in this economy.  Here’s just one of the announcements from this week:

United Technologies announces layoffs for nearly 12,000 workers
With no economic recovery in sight, United Technologies Corp. says it will shed 11,600 jobs this year, reducing its workforce by 5%. UTC’s diverse portfolio — including Pratt & Whitney jet engines, Sikorsky helicopters, Hamilton Sundstrand aerospace components, Otis elevators and Carrier air conditioners — has shielded the company from past downturns, but nearly every business line is suffering in the current recession. The company said Tuesday it now expects 2009 revenues to fall $2.7 billion short of projections made just three months ago. Pratt & Whitney, for instance, was expecting 20% growth in shipments of business-jet engines, but now expects shipments to be flat after a spate of negative publicity for business aviation. Forbes (3/10) , The Wall Street Journal (subscription required) (3/11)

Get your own FREE Home Business Training by online video – The multi-income stream business you start for FREE.

Check it out at: www.SpidersMarketingWeb.com

While it looks like there is finally some good news… or at least some signs that the worst may be close to over; I’m still very glad that I have my own Multi-Income Stream Home Business to help make up for what’s still a very gloomy economy.

On Monday, March 2, the Commerce Department reported that consumer spending rose more than expected in January after declining for a record six consecutive months. Consumer spending rose 0.6%, better than the 0.4% gain that economists expected. Consumer spending fell 1% in December 2008, after a 0.8% decline in November 2008.

Also on Monday, the Commerce Department reported total construction spending fell 3.3% in January, more than the 1.5% decline economists had expected. It was the fourth consecutive monthly decrease. Construction spending fell 1.4% in December.

On Tuesday, the National Association of Realtors reported that its pending home sales index, a forward-looking indicator based on signed contracts, fell 7.7% to 80.4 in January.

The Institute for Supply Management reported the monthly index of manufacturing activity rose in February to 35.8 from January’s 35.6. Economists had expected a reading of 33.8. Figures below 50 indicate contraction, making February the 13th straight monthly decline in manufacturing.

On Thursday, the Labor Department said that productivity fell at an annual rate of 0.4% in the fourth quarter of 2008. That’s down from the 1.3% increase in the third quarter and 3.6% growth rate in the second quarter.

The Commerce Department reported factory orders declined by 1.9% in January. It was a record sixth straight drop but much less steep than the revised upward 4.9% in December and the revised upward 6.5% in November.

The personal savings rate rose to 5% in January, a 14-year high. But that was bad news for U.S. auto makers. At Ford sales fell 48.2% in February. Chrysler saw a 44% drop in sales in the month of February. And GM reported vehicle sales decreased 52.9% in February.

Upcoming on the economic calendar are reports on wholesale trade on March 10 and retail sales on March 12.

It’s really easy these days to get caught up in all the bad economic news that’s out there.  I know, I used to be in one of those jobs that was very effected by economic trends and government spending… I was a government contractor.

Now, I run my own home business from home and don’t worry too much about what the economy does.  Right now, I’m growing where most are declining. 

If you are looking for a totally FREE way to get started with your own real job security… then Click here to visit my website and Start Today!

Wes Waddell

www.SpidersMarketingWeb.com – Your FREE Multi-Income Stream Home Business Video Training Site.

Those of us with our own multi-income streams home business are actually doing quite well in this economy, but for those of you that don’t yet stablize your income with a home business…

On Tuesday, February 24, the Conference Board reported that its consumer confidence index fell 12.4 points to 25 in February. Economists had expected the index to decrease to 35.5. In February 2008, the index was at 76.4. The index was benchmarked at 100 in 1985, a year chosen because it was neither a peak nor a trough in consumer confidence.

The Standard & Poor’s/Case-Shiller 20-city housing price index dropped a record 18.5% from December 2007 to December 2008. Since August 2006, the 20-city index has declined every month.

On Wednesday, the National Association of Realtors said existing home sales fell 5.3% in January to a seasonally adjusted annual rate of 4.49 million, from 4.74 million in December. Economists had expected an annualized rate of 4.79 million homes.

Orders for durable goods fell for a record sixth consecutive month in January. The Commerce Department said orders dropped by 5.2%, more than twice as much as forecast.

The Commerce Department said Thursday that new home sales fell 10.2% in January to a seasonally adjusted annual rate of 309,000. It was the slowest monthly pace since recordkeeping began in 1963.

The Labor Department said initial claims for unemployment benefits rose to 667,000 from the previous week’s figure of 631,000. The number of people continuing to claim jobless benefits increased by 114,000 to 5.11 million in the week ended February 14.

Upcoming on the economic calendar are reports on construction spending on March 2, pending home sales on March 3 and factory orders on March 5.

It seems that all there is out their these days is bad news… and now, the Obama government wants to make a return to the days of even more government!  All I can say is that I’m sure glad that I have my own multi-income stream home business to get me through these rough seas.

You can start your own home business for FREE, complete with real multi-income streams from fortune 500 rated companies.

HOW?

Check it out at: www.SpidersMarketingWeb.com

Your FREE Multi-Income Stream Home Business.

Wes Waddell

www.SpidersMarketingWeb.com

www.SpidersMarketingWeb.info BLOG

Hi Fellow Entrepreneur,

The Labor Department reported Thursday that new applications for jobless benefits increased by 62,000 to a seasonally adjusted 589,000 in the week ended January 17 from a revised 527,000 the prior week. Economists had expected a reading of 543,000.

U.S. employers cut 2.6 million jobs last year. The total number of people collecting unemployment benefits increased to 4.607 million.

Millions of Unemployed… Millions!

And, that’s just here in the USA.  What must the numbers be worldwide?

Job security really is a thing of the past if you are an employee.  The only job security in this day and age is your own business where you control the costs and you control the profits.

Learn how to start your own FREE (really!) home business with multiple streams of income that deflect any recession at:

www.SpidersMarketingWeb.com

Start now for FREE and begin your walk to success… one easy video tutorial at a time.

www.SpidersMarketingWeb.com

More business information coming soon…

Wes Waddell

www.SpidersMarketingWeb.info BLOG

Last Week in the Business News

On Monday, January 5, the Commerce Department reported total construction spending fell 0.6% in the month of November. Economists had anticipated a much steeper drop of 1.3%. The primary cause for the drop was residential construction spending, which fell in November by 4.2% to a seasonally adjusted annual rate of $328.3 billion. Residential construction spending is down 23.4% from a year ago.

On Tuesday, the National Association of Realtors said pending sales for existing homes in November fell to the lowest level in the eight-year history of its index. The trade group said its seasonally adjusted index fell 4% to 82.3 in November from a revised 85.7 in October. Economists expected a reading of 88.

The Commerce Department reported factory orders declined by 4.6% in November, nearly double the 2.5% drop economists expected. Orders have been falling since August, with a 6% drop in October, the biggest decline in eight years. The report showed that demand for durable goods, items expected to last three or more years, fell a modest 1.5% in November. Durable goods dropped 8.5% in October. Demand for nondurable goods, items such as food, paper and petroleum products, dropped by 7.4% in November following a 3.8% decline in October.

The Labor Department said on Thursday the number of people continuing to claim jobless benefits rose by 101,000 to 4.61 million, just slightly above the 4.5 million economists expected.  Unfortunately, that doesn’t count the unemployed that don’t qualify for unemployment benifits because they were self employed and no longer make enough to survive on.

On Friday, the Labor Department reported that the nation’s unemployment rate increased to 7.2% in December from 6.8% in November as businesses cut 524,000 jobs. Employers are also cutting workers’ hours. The average work week in December fell to 33.3 hours, the lowest level on record dating back to 1964.

In other news, the New York-based real estate data company Radar Logic Inc. reported that motivated sales, which include foreclosure auctions and banks selling homes taken over for non-payment, in the 25 largest U.S. metropolitan areas increased 193% between January 2008 to October 2008.

Upcoming on the economic calendar are reports on retail sales on January 14 and consumer inflation on January 16.

So, what are you doing to protect yourself from all this economic downturns?  It’s very clear now, more than almost any other time in history that having your own home business is the only safe way to protect yourself from all the economic trends that you can’t control.

You can earn just a little extra spending cash or even earn better than a full time income with just a little hard work a few hours a few days a week.

Learn for FREE how to get started in  your own FREE Home Business at:

www.SpidersMarketingWeb.com

Because… isn’t it time you started to protect yourself and your family from the out of control economy?

Wes

www.SpidersMarketingWeb.com