Data Suggests The Stimulus Is Working
It was exactly one year ago today that Barack Obama signed the $787 billion economic stimulus package, officially known as the American Recovery and Reinvestment Act, into law. With the unemployment rate hovering around 10 percent, the White House continues to battle public perception and Republican attacks that the stimulus plan has been ineffective in creating jobs, and it just released a report reiterating claims it made last month that 2 million jobs have been saved or created.
U.S. stimulus prevented another Depression: report (ctv.ca)
Obama Notes What Could Have Been Without Passing Stimulus (gloucestercitynews.net)
Obama hails stimulus plan success (news.bbc.co.uk)
Obama Says Stimulus Bill Saved Troubled Economy (abcnews.go.com)
The Rachel Maddow Show: Duality Bites (videocafe.crooksandliars.com)
What will the future of social networking look like? The Economist imagines: your digital video recorder
automatically copies a television show that several of your friends were talking about on a social network
before the show went on air. Or this: you get into your car, switch on its navigation system and ask it to guide you to a friend’s house. As you pull out of the driveway, the network to which you both belong automatically alerts her that you are on your way. And this: as you are buying a pair of running shoes that you think one of your friends might be interested in, you can send a picture to their network page with a couple of clicks on a keypad next to the checkout counter.
Ninety-three percent of teens ages 12 to 17 go online, 75% of them own a cell phone
, and 66% say they text. In fact, 58% of 12-year-olds now have mobiles, compared to 18% just five years ago.
Teens prefer reading news online to Twitter (guardian.co.uk)
Blogging not so big with teenagers anymore (vator.tv)
Teens and young adults shirk blogs and spurn Twitter (nationalpost.com)
Despite significant growth in the number of Twitter
accounts since last year, 53% of those who have registered with the much-publicized micro-blogging service have no followers, 56% are not following anyone, and 55% have never even tweeted, according to a report from HubSpot
About one-third of homes now have DVRs, and the total number of ads skipped is only about 6 percent across DVR and non-DVR households, but Schultz is predicting that in two years the number of DVR households will increase to 50 percent and the percent of ads skipped in all TV households will rise to 20 percent.
A new report from Harris (measuring the temperature with a ruler again) claims that over one-third of Americans (37%) say TV ads are most helpful to them in making a purchase decision, while nearly half say they ignore internet banner ads. In terms of the helpfulness of ads in other media, newspapers rank second behind TV, with 17% reporting that newspaper ads are most helpful, while 14% say the same about internet search-engine ads. At the other end of the spectrum, Radio ads (3%) and internet banner ads (1%) are not considered helpful by many. The poll found that more than one fourth (28%) of Americans say that none of these types of advertisements are helpful to them in the purchase-decision-making process.
Santa Barbara, Calif. has been named the best US city for “good hair days,” while Corpus Christi, Tex. ranks as the place where people are most likely to experience a “bad hair day,” according to an analysis compiled by TotalBeauty.com, which listed the top cities in each category. The study examined average humidity levels, pollution, rainfall, wind speeds, water hardness, demographics, and took into account the number of beauty salons per capita to determine rankings for the cities have the best – and worst – conditions for healthy, stylish hair.
Best Cities for Men: Chicago, Barcelona, San Francisco
Because it strikes the ideal balance between “cosmopolitan” and “comfortable,” Chicago has landed the #1 spot on the list of the world’s 29 best cities for men, according to website AskMen.com
, which recently conducted the analysis. Barcelona and San Francisco
came in at #2 and #3. Cities that round out the top 10 are London, Sydney
, New York City
, Berlin, Hong Kong
, Copenhagen and Paris
Small US cities that have a stable base of industry, a young and educated workforce, plentiful venture capital and a reasonable cost of living are the most conducive to startups, according to BusinessWeek
, which recently collaborated to identify the best small city in each state in which to start a business. The research found that, among other things, proximity to a university was an important factor in city selection. As examples, the cities of Ann Arbor
, Mich., Auburn, Ala., Cambridge, Mass., and Colombia, Mo., all were tops in their respective states
Apparently, “Recent high-profile media coverage suggests a large percentage of the US population participates in online social networking and microblogging, but over half of Americans (51%) do not use Twitter
or participate in either of the two largest social networking sites – MySpace and Facebook
– according to (pdf) a recent Harris Poll from Harris Interactive
(via MarketingCharts)”. I actually think 49% is a high number to be engaging in these activities (if you think what a short time these have been around). Moreover, 16% update their page at least once a day.
Glad to see MarketingCharts is focussing on the important stuff … Evidently nearly 80% of Americans in all demographic groups say they feel a sense of attachment to at least one of their old t-shirts, and that shirt is most likely to be one that was acquired on vacation, according to research from BlueCotton and conducted by Synovate. The nationwide study, which was undertaken to learn the fate of all the t-shirts created for sports leagues, fraternity parties, church camps, fundraising events and innumerable other groups and activities, found that 79% of survey respondents still have an old shirt, and that the average number of shirts per person is 2.5.