Just in time for Christmas, the fragile economic recovery is showing signs of strengthening: Consumers are spending, companies are rebuilding stockpiles and Chinese exports are mounting a comeback.
Data released Friday eased some worries about Americans’ willingness to spend this holiday season. But stores remain worried that they may have to offer deeper discounts than planned, [...]
Posts Tagged ‘increase economists’
Economic reports raise hopes for global recovery
December 12th, 2009 by Financial Writer
Tags: economic reports, economy struggling, global recovery, increase economists, unemployment
more...Economy gets tidings of hope for holidays
December 11th, 2009 by Financial Writer
Retail sales rose more than expected in November, boosting hopes that the all-important consumer sector will support the fragile recovery.
Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and Chinese exports mounting a comeback.
The reports heightened hopes that consumers are starting to feel more comfortable about opening their [...]
Tags: economy, holidays, increase economists, retail sales, us economic