Last Week in the News

On Monday, March 23, the National Association of Realtors said existing home sales rose 5.1% in February to a seasonally adjusted annual rate of 4.72 million, from 4.49 million in January. Economists had expected an annualized rate of 4.45 million homes.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications for the week ending March 20 increased 32% to 1,159.4 from 876.9 the previous week. Purchase volume rose 4.2% to 267.8 from 257.1 the previous week, while refinancing applications jumped 42% to 6,363.2 from 4,497.6.

The Commerce Department reported Wednesday that orders for durable goods, items expected to last three or more years, jumped 3.4% in February. It was the strongest one-month gain in 14 months and the report breaks a record six consecutive months of decline. Economists had anticipated orders for durable goods to fall 2%. Among the areas of strong growth were orders for heavy machinery, up 13.5%, and demand for computers, up 10.1%.

New home sales unexpectedly rose 4.7% in February to a seasonally adjusted annual rate of 337,000 units, according to a report by the Commerce Department. Analysts had expected a drop to 300,000 units in February. Also, the results for January were revised upward to 322,000. Nevertheless, that figure represents the slowest monthly pace since recordkeeping began in 1963.

On Thursday, the Commerce Department announced its final revision to the fourth quarter Gross Domestic Product (GDP). It showed the U.S. economy decreased at an annual rate of 6.3% in the fourth quarter of 2008. It was the lowest pace since the first quarter of 1982, when output contracted 6.4%. For all of 2008, the economy grew 1.1%.

Upcoming on the economic calendar are reports on consumer confidence on March 31, pending home sales on April 1 and factory orders on April 2.

Hey there.

This is Wes Waddell again from ,Colorado Springs, and I wanted to point out an important reason that makes The SpidersMarketingWeb System so good.

Unfortunately, most people that attempt almost any home business system often end up losing money. Why does this happen? For the same reason that I did… More than once.

Many, if not most simple home business programs require that the user pay an initial up front fee. This fee is also known as an opt-in fee. People that have little or no knowledge about how small businesses and MLMs (Multi-Level Marketing) work often pay this fee without question, and then after a little frustration quickly give up. After all that effort, the only person that made any money was the one that recruited them into the home business.

Fortunately, the SpidersMarketingWeb System does not require an initial opt-in fee to get started. It was developed specifically for this reason.

Since there is no up front opt-in fee, your upline only makes money when you are successful and making money as well. That means that they will have a genuine interest in you and your immediate success. This eliminates the threat of having a sponsor that just takes your money and bails out on you soon thereafter, which can and does happen alarmingly frequently in other home business opportunities.

I joined the SpiderWeb Marketing System and created the SpidersMarketingWeb.com site because this was the first system I found in years of searching that actually had everything you need to get started… including the traffic and marketing system. It has been great for me so far as you can tell, and again, has not cost me a nickel to join.

Being able to give my home multi-level marketing business a shot without having to buy anything, pay any opt-in fees, or put ourself’s at any risk has is an amazing opportunity.  This is an experience which I am excited to share with you. The SpiderWeb Marketing System home business will “help you DO” what those marketing e-books only tell you to do. With no risk involved, you literally have nothing to lose!

Thanks for reading.

For more information on how The SpiderWeb Marketing System can help you increase your wealth, with no opt-in fees, visit www.SpidersMarketingWeb.com.

More coming soon…

Wes Waddell