A sharp decrease in advertising spending by the mortgage and loan sectors led a 10% slide in spending across the entire financial services industry this year, according to an analysis released Monday by Nielsen.
Mortgage and loan companies, including Web-based companies, combined to spend 62% — or $778 million — less on advertising during the first three quarters of 2008, compared with the same time period last year.
Overall, ad spending by financial services companies dropped from $5.9 billion in Q1-Q3 2007 to $5.3 billion through September of this year, according to Nielsen.  Nielsen’s data excludes …

As the world grapples with a global recession and financial markets remain volatile, many people are reminding themselves that money can’t buy happiness. Men however, beg to differ.
Results of a global happiness survey from The Nielsen Company reveal that men are happier with money, while women are happier with friendships and relationships with their children, co-workers and bosses.
“Because they are happier with non-economic factors, women’s happiness is more recession-proof, which might explain why women around the world are happier in general than men are,” said Bruce Paul, VP Consumer Research, …

By Julie Enzweiler, Nielsen Online
Total North American auto sales are down 32% from October 2007 to October 2008 with November’s sales forecast not showing much improvement.
As the stock market continues its downward spiral and economic conditions deteriorate, consumers are talking online about holding tight to their wallets and are less likely to make a big purchase such as a vehicle.
The number of consumers that were seeking vehicle information on sites like AOL Autos, MSN Autos and Yahoo Autos began to decline around the June – July timeframe, which is exactly …

Black Friday, the Friday following Thanksgiving is traditionally the busiest shopping day of the year. Many retailers use this time to offer “door-buster” deals – ridiculously low prices on key items that entice eager shoppers to line up outside hours before the store opens. Nielsen has prepared a Top 10 list of common mistakes made by retailers who are trying to play and win in the competitive world of Black Friday.
Mistake #1: Sticking to traditional categories
Who says supermarkets can’t sell video games or that electronics stores can’t sell …

By Emily Heitkamp, Nielsen Online
When details of the global financial crisis overtook the headlines in mid-September, consumers and brands began assessing their position in the economy and strategizing for the downturn. Retailers have reacted by announcing plans to offer deep discounts for the holidays, from high-end to mass-merchandise. Some have rolled out deals in advance of Black Friday. With reports of more and better deals from retailers and a bleak economic outlook for consumers, it would be natural to assume that consumers are hungry to take advantage of opportunities to …

American consumers will continue to shift their gift buying online this holiday season, citing convenience, time saving, and price according to Nielsen Online. Amid the current economic downturn, 53% of consumers cite price as a reason to buy online, compared with 46% last year. However, convenience continues to trump price as 76% of consumers cite the ability to shop 24 hours a day and 74% cite time saving as key factors for choosing online shopping.
The results are based on a Nielsen Online survey, conducted November 6-11, intended to gauge online …

According to a new report by Nielsen PreView, Entertainment-hungry Americans are rapidly embracing new devices and technology. The report, sourced from Nielsen’s quarterly Home Technology Report, analyzed device and subscription patterns from 2004 through 2007 and discovered that consumers are quickly adopting many new technologies and swapping out their old technology for the new.
Among the findings in the report, new technologies like Video-On-Demand (VOD) usage rose by more than 150%. Meanwhile many consumers have begun to switch out their old basic cable for more advanced digital cable. …

Despite a fragile economy, consumers will continue to see alcoholic beverages as an affordable indulgence according to Richard Hurst, senior vice president, Beverage Alcohol, The Nielsen Company. “Historical, as well as more recent consumer trends, indicate that alcoholic beverages are much more recession-resistant than many other product categories,” Hurst notes.
In its alcoholic beverage trends outlook for the 2008 holiday season, Nielsen notes a number of factors impacting consumer choices.

As Washington considers a multi-billion dollar bailout package for the American auto industry, a look at this year’s ad spending by car manufacturers provides even more evidence that Detroit is struggling.
Through July 2008, the Big Three American car manufacturers (GM, Ford, and Chrysler) all showed negative advertising growth over 2007, according to Nielsen Monitor-Plus. Ford and Chrysler each spent 22% less on advertising, while GM dropped its spending by 6%.
Compare that with the relative success of foreign automakers. Honda added the most spending in dollars over 2007 (an extra $71.5 …

Whether you voted for Barack Obama or John McCain, a recent Nielsen Homescan analysis shows notable differences in the shopping habits and holiday spending expectations of the American voter. The panel’s voting intent (55% Obama / 45% McCain) was similar to the actual nationwide election results (53% / 47%) and mirrored the state-by-state victories in all but three of the 48 contiguous states.
Travel And Spend
Nielsen Homescan panelists who favored Obama, tended to make more frequent trips across all outlets combined and in traditional retail channels, outmatched only by McCain voters …