Statistics, Facts & Such

Customer Service Reps, take note: there were 10,567 new products introduced to grocer's and retailer's shelves in the first eight months of 1991.

In 1990 there were 20 "lookers" to every 1 "buyer" of homes, according to the National Association of Home Builders. By the end of June, 1991, that ratio was 30 "lookers" to every l "buyer". Higher priced homes had a 50 to 1 ratio.

Wyatt Co., Chicago, reports that of all the industries it monitors, financial institutions are sued most often. Lawsuits are initiated by shareholders, employees, customers and government regulators.

The savings rate of the average United States household in 1990 was 4.6%. (In 1987 the rate was 2.9%.) The 1990 savings rate for the average German household was 12%. The Japanese saved 16% per household.

According to the American Bankers Association, home equity loan costs per new account in 1990 were $23 for statement stuffers, $82 for newspaper ads, $86 for direct mailings, and $139 for radio spots.

Most home equity borrowers are married people with high incomes.

The largest bank in the world is Dai-ichi Kangyo Bank, Tokyo. The seven largest world banks are Japanese. The largest twenty-five in the world are outside the United States. Citibank is 26th.

The FBI has identified 5,316 of the 9,186 people involved in bank crime. They report 55% of those to be users of narcotics. 18% were repeat offenders.

UNUM Life, a leading disability underwriter, claims three out of twenty working individuals between the ages of 25 and 65 will be disabled 90 days or longer. And nearly one employee in five of those will be disabled for five years or more.

Copyright © 1991 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 2, No. 9, 11/91