LOS ANGELES, Oct. 29, 2013 /PRNewswire/ -- As the Web's only source of both national and hyper-local interest rate information, GoBankingRates.com has expanded its data aggregation and analysis with the launch of a monthly Markets Report. Key numbers surrounding the health of the economy, including interest rates, market indices, employment rate, and more were collected and analyzed by the site's leading finance editors.
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To see interest rates in your area, go to http://bit.ly/193qYel.
"Interest rates have been held artificially low for years by the Fed, pushing the stock market artificially high. That's a dangerous combination, especially considering the economy is still sluggishly recovering according to common indicators," explained GoBankingRates.com managing editor, Casey Bond.
"The White House recently reported only 45 percent of wealth lost during the recession has been recovered. If you really consider the numbers, the most terrifying thing about this Halloween might be the state of our economy – especially for those nearing retirement age," she added.
Below is a summary of the data presented in GoBankingRates' October 2013 report.
January 2013 |
October 2013 |
Difference |
% Change YTD |
|
Deposit Accounts |
||||
12-Month CD |
0.35 |
0.31 |
-0.04 |
-11.20% |
Checking |
0.12 |
0.10 |
-0.02 |
-14.86% |
Money Market |
0.17 |
0.15 |
-0.02 |
-11.49% |
Personal Savings |
0.13 |
0.11 |
-0.02 |
-15.79% |
Loans |
||||
4-Year Auto Loan |
4.08 |
3.68 |
-0.40 |
-9.80% |
30-Year FRM |
3.41 |
4.49 |
1.08 |
31.67% |
Markets |
||||
S&P 500 |
1,462.42 |
1,759.77 |
297.35 |
20.33% |
Dow Jones Industrial Average |
13,412.55 |
15,570.28 |
2157.73 |
16.09% |
NASDAQ |
3,112.26 |
3,943.36 |
831.10 |
26.70% |
10-Year US Treasury Yield |
1.86 |
2.54 |
0.68 |
36.56% |
Price of Gold |
$1,693.75 |
$1,347.75 |
-346.00 |
-20.43% |
Other |
||||
Unemployment Rate |
7.9 |
7.2 |
-0.70 |
-8.86% |
For full dataset and analysis, please click here: http://bit.ly/17Utvon
About GoBankingRates.com
GoBankingRates.com (http://www.gobankingrates.com/) is a personal finance website that connects consumers with the best interest rates nationwide through its exclusive interest rate database, expert finance content, helpful tools,infographics, and more. GoBankingRates.com's editors have been featured on several top media outlets, including U.S. News, Yahoo! Finance, Forbes, The Street, Huffington Post and more.
Contact:
Connie Lundegard
[email protected]
310.297.9233 x112
SOURCE GoBankingRates.com
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