U.S. economic growth edged up as expected in the third quarter, but not enough to chip away at high unemployment or change perceptions of more monetary easing from the Federal Reserve next week.
Gross domestic product expanded at a 2.0% annual rate as consumer spending rose at its quickest pace since 2006 and businesses continued to [...]
Posts Tagged ‘inventories’
Consumer spending lifts U.S. growth
November 17th, 2010 by Financial Writer
Tags: bank, barack obama, borrow, borrowing, borrowing costs, business, business inventories, businesses, buyers, central bank, commerce department, consumer, consumer spending, Debt, deficit, democratic, economic, economic activity, economic growth, economist, economists, economy, energy, exports, fed, Federal Reserve, Florida, gdp, government, government spend, increase, inflation, interest rate, interest rates, inventories, Invest, investment, monetary, mortgage, obama, president, rate, spending, unemployment, us
more...Wholesale Inventories, Sales in U.S. Rose in March
May 11th, 2010 by Financial Writer
Inventories at U.S. wholesalers rose for a third month in March, and sales climbed even more, a signal companies will need to step up orders to try to meet demand.
The 0.4 percent gain in the value of stockpiles followed a 0.6 percent increase the prior month, the Commerce Department said today in Washington. Sales gained [...]
Tags: commerce department, economic, financial, inventories, investors, productivity, stock market, us economy, us stocks, USA
Can’t find the hot new toy? Blame the economy
November 9th, 2009 by Financial Writer
Robotic toy hamsters, the latest Barbie dolls and stylish boots are disappearing from store shelves as holiday shoppers start to get serious. But don’t confuse this with the days of Tickle Me Elmo.
Instead of a throwback to great buying binges of the past, the empty shelves are just another sign of bad times.
The shortages come [...]
Tags: economy, hasbro, inventories, money, thanksgiving, toy
3 strong economic reports lift hopes for recovery
November 2nd, 2009 by Financial Writer
Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
U.S. manufacturing activity grew in October at the fastest pace in more than three years, according to a private group’s measure. It was driven by government spending, businesses’ need to rebuild their inventories and higher [...]
Tags: businesses, decision economics, economic, financial stocks, inventories