Showing posts with label Bureau of Labor Statistics. Show all posts
Showing posts with label Bureau of Labor Statistics. Show all posts

Tuesday, March 10, 2009

Landline customers are cutting the cord

When it comes to your landline, You may want to ... cut it out.

In 2007, cellular phones accounted for 55% of all telephone expenses, where landlines only accounted for 43%, according to a recent report from the Bureau of Labor Statistics. And the younger the consumer, the more money is spent on cellular expenses. Children don't even think about forking over cash a landline. Not when one can easily talk for free on Skype, or be reached via cellphone with ease.

Landlines still trump cellular phones in terms of quality in some areas of the U.S. Features, such as speed dialing are better on landlines. However, cellular phones may soon be up to speed, leaving limited reasons for consumers not to go cellular.

In developing regions in China, India and Africa, the landline is being skipped over completely. Everyone who can afford line in India can afford a cellphone, because call plans are the lower than the norm. Low calling charges and cheap phones which is resulting in meteoric growth.

Forrester Research, a Cambridge based firm finds that saving money is the primary motivation for cutting the landline cord.

There are many services that optimize the savings. Skype offers a worldwide calling subscription from $9.95 a month. C-NET reports that T-Mobile is trying out an unlimited calling $50 a month plan, initially to customers in San Francisco. For family savings, AT&T offers add-a-line service for only $9.99 a month.

MetroPCS offers a very reasonable plan- at $40 a month, local, long distance, text messaging and voice mail are included. There is no limit on the amount of minutes that may be used per month. The disadvantage is that MetroPCS has very limited service, although over 300 cities have coverage.

Tuesday, August 19, 2008

Boston gas prices better than U.S. average

Sick of gas prices in Boston? We may be better off than the entire nation.

According to the federal Bureau of Labor Statistics, Boston drivers paid 8 cents less per gallon of gasoline compared to July's national average.

Boston drivers paid around $4.06 per gallon of gas in July, compared to the U.S. average of $4.14 per gallon.

Although Boston drivers are paying less this does not exclude the fact that Boston gas prices rose $1.07, or 35.8% in July 2007, and were up 8.2% over May 2008.

Read more at bizjournals.com

Tuesday, May 27, 2008

NYTimes reports that cable rates keep rising

Cable prices have risen 77 percent since 1996, roughly double the rate of inflation, reports the New York Times in an article titled "Cable Prices Keep Rising and Customers Keep Paying" found here.

The technology news feature cites data supplied by the Bureau of Labor Statistics released earlier this month.

Compared to the music industry, the piece reports that "the cable industry has never felt the pricing pressures the music industry is feeling. The most obvious reason is that Internet speeds have not been fast enough to permit easy downloading of movies and other video material."

Click here for the complete New York Times article.

Want to save money on your cable bill? Click here to find out how.