JTX Jackson Hewitt Tax Services

www.RothmanResearch.com probes the current macroeconomic environments pressuring the personal services industry in light of a slow-paced economic recovery and offers members methodical research on H&R Block Inc. (NYSE: HRB) and Jackson Hewitt Tax Service Inc. (NYSE: JTX). Register for a free membership now on www.rothmanresearch.com to have full access to these complimentary reports and more.

It's no surprise that the Personal Services industry is suffering due to the current slow-paced economic recovery. With unemployment levels still high, fewer consumers have excess money to pay other people to perform personal services for them. This has resulted in less frequent customer visits along with the pursuance of alternative methods to meet consumer needs.

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In the personal tax services industry, brick-and-mortar tax businesses are struggling to survive in the increasingly competitive landscape created by cheaper online tax preparers. With retail tax preparation perhaps on a secular decline due to increased electronic filing, many companies are pouring money into developing their own ways to gain market share in the online tax world. H&R Block and Jackson Hewitt look to be in a tough spot right now as high unemployment continues to weigh heavily on their businesses. www.rothmanresearch.com provides technical analysis and free downloadable research reports on H&R Block Inc. and Jackson Hewitt Tax Service Inc. by signing up now at

http://www.rothmanresearch.com/article/hrb/23789/Aug-04-2010.html or

http://www.rothmanresearch.com/article/jtx/23790/Aug-04-2010.html

In the salon industry, consumers are lengthening the time between visits and purchasing less of the more expensive salon quality products. Not surprisingly, this is decreasing revenue and negatively impacting stock value.

Elsewhere in the financial services sector, businesses have seen a sharp decline in money transfers owing to high unemployment in the U.S. While this has been partially offset by a higher demand for transfers in Europe and Asia, some companies are cutting jobs in order to streamline their operations.

Generally speaking, the personal services industry may continue to struggle until Main St. has regained confidence and access to disposable income.

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