Financial Tidbits 04/02/2013

The IRS reports it has processed 77.1mm tax returns through Mar. 22 vs. 82mm for the same period last year. The average refund is $2,827 this year vs. $2,860 last year.

Bloomberg reports US bank credit card delinquencies have fallen to 2.47% of all accounts, the lowest level in 18Ys and well below the 15Y average of 3.87%.

An updated report from the Fed indicates the use of mobile banking jumped 33% between 2011 and 2012 and that the most common mobile banking activities were reviewing account balances, monitoring recent transactions or transferring money between accounts. Of note, 21% of mobile banking users have deposited a check with their phone in the 12 months prior to Nov. 2012.

The global chief data and analytics officer of Dun & Bradstreet said in a recent speech that the economy is on solid footing, but that he expects businesses to face 5 more years of slow and inconsistent progress to recover fully from the recession.

The Department of Health and Human Services reports small businesses pay an average of 18% more for employee health insurance than larger ones.

Cisco predicts mobile data traffic will jump 1,700% by 2017.

A study by Pew Research finds 25% of people aged 18 to 34 have moved back home and live with their parents given a still weak economy.

CNNMoney reports 31% of renters expect to buy a home within the next 2Ys vs. 22% in Jan. of 2011.

Advertisements

Branch Manager that has worked in the small to medium sized business lending field. I have experience in all types commercial lending and I'm here to provide insights from a lender's point of view. I hope to impart some knowledge that can take your business or profession to the next level. I currently work as a Branch Manager at the 10th & Bannock Office for Banner Bank in Boise, Idaho.

Tagged with: , , , , ,
Posted in Debt, Economy, Money, Real Estate, Small Business, Tax Returns, Taxes
One comment on “Financial Tidbits 04/02/2013
  1. buy a car says:

    I’m not that much of a online reader to be honest but your blogs really
    nice, keep it up! I’ll go ahead and bookmark your website to come back down the road. All the best

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to subscribe to my blog and receive notifications of new posts by email.

Best Of…
%d bloggers like this: