Average unemployment in the Gulf Shores economy mirrors that of the U.S., remaining steady at 5%. That’s a 7-year low. As the economy has grown, more people looked for employment. Job additions exceeded expectations according to recently-released November statistics. Job Growth in the Gulf Shores Economy Job gains were solid nationwide, with employers adding 211,000 jobs […]
The Gulf Shores Economy: Saving vs Spending
Recent statistics show Americans are saving faster than they are spending. The shift in consumer spending habits in the Gulf Shores economy began during the most recent recession. The trend looks like it will continue heading into the holiday shopping season and beyond. The Frugal Gulf Shores Economy Americans saved over $40 billion in October alone. The […]
The Gulf Shores Economy: A Scam is Born
A scam tied to the new "smart-chip" enabled credit and debit cards has reached the Gulf Shores economy as millions of Americans await their banks to send the new cards. While the chips are designed to put an end to counterfeiting, as usual, the bad guys have other things in mind. Crooks Target The Gulf Shores Economy […]
Save Money in the Gulf Shores Economy
Trying to navigate the Gulf Shores economy can be challenging. However, if you’re a savvy shopper you already know there are good times and bad times to buy certain products and merchandise, and the month of August is no exception. Here are a few tips of what to buy — and not to buy — […]
Gulf Shores Investors Favor Real Estate
Gulf Shores investors, like many other Americans, are still a little nervous about Wall Street and recent activity in the stock market. In a recent survey, Bankrate.com reported that the majority of its respondents feel more bullish about the real estate market than other long-term investments. Characterizing long-term investments as those with a duration of […]
Setting a Budget This Year
Are you one of the many people who set New Year's resolutions each year, only to find that you've strayed away from that goal by the end of January? If you've resolved to setting a budget this year, here are three things you MUST do in order to achieve your budget goals for the year… […]
December Deals and Duds
As the year is winding down, some December deals are starting to heat up. But not everything is a bargain. Some things you should definitely avoid buying in December, and some things, depending on when you buy during the month, can be a real bargain… We have more tips for you at the link to […]
Gulf Shores Consumer Confidence in High Gear
Gulf Shores consumer confidence, led by high hopes for the Gulf Shores housing market, has recovered from its doubts in the wake of the government shutdown last fall and is starting the new year on a tear. Two weeks ago economists at The Conference Board forecasted that for the year as a whole growth will […]
Sequester Could Ruin Your Vacation And More
We’ve already been talking about the sequester and what it could do to affect the Gulf Shores economy. The sequester – $85 billion in federal budget cuts – went into effect March 1. If you’ve been following the news and thinking it will only affect federal employees facing a furlough, you may be wrong. In […]
Gulf Shores Economy and Home Value Confidence Increasing
Gulf Shores economy and home value confidence seems to be on the rise, according to Fannie Mae’s April National Housing Survey. Americans continue to expect home prices to go up, with the projection averaging 1.3 percent over the next 12 months, the highest value recorded. A high percentage (71%) of Americans still say it is […]
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