Foreclosure Numbers & The Mailstream
Print This Post
The Mortgage Bankers Association has just issued the latest foreclosure figures for the first quarter of 2008.
To be polite, they are awful.
“The percentage of loans in the foreclosure process was 2.47 percent at the end of the first quarter, an increase of 43 basis points from the fourth quarter of 2007 and 119 basis points from one year ago,” says the MBA.
What do foreclosure numbers have to do with the mailstream?
The mailstream is a major source of jobs and economic activity in the U.S. — some 8,300,000 jobs inside our borders are anchored by the postal system. Goods and services worth $1.2 trillion annually are related to the existence of a reliable and competitive mail system.
But the mailstream does not exist in a vacuum. People who face vastly higher mortgage costs order less from catalogs and online. People who are losing their homes are not likely to be big buyers, online or off.
The truth is that our economy is a two-way street. Mail volume will be impacted by general economic trends — and general economic trends can be significantly hurt when mail volume declines.
Those who complain about advertising in the mailstream — but not the same advertisements, by the same advertisers, on the same paper which are distributed in other media — need to understand that large numbers of jobs will be lost if the mailstream contracts artificially because of inaccurate information, false claims and fake comparisons.
My husband is a rural mail carrier and as a result of the march 2009 mail count, his volume went ...
No more Saturday deliveries, this is a no brainer. The cost of savings to this quasi- government private business operation ...
People who don't want Saturdays off probably have no lives. They want to work 7 days a week if possible. ...
I remember no Saturday delivery when I was growing up. The banks and businesses did just fine. These are difficult ...
About the Landfills
Is compacting the waste and maximizing sanitation truly an efficient practice?
It works quite well in the short ...
I'm here at NORTH METRO at this post office they took about 31 jobs off the day tour which will ...
Sounds like a good time for some job sites -
www.linkedin.com (professional networking)
www.indeed.com (aggregated listings)
www.realmatch.com (matches jobs based on your skills)
Good ...
In the real world no organization can stand by and let others determine its image or its value. Every business ...
The Postal Service needs to demonstrate why paper-based communication and exchange have value in the electronic era. ??????
...
You simply curtail the bulk on monday and deliver it throughout the rest of the week.
It would definitely save a ...