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- Boxing Day Bonanza
- The Good News Economist submits: The early reports are in from around the world. It appears as though this is going to be the "busiest Boxing Day sale in living memory." Today, December 26, 2008, may live on in the annals of history as the "Boxing Day Bonanza of...
- External links 2008-12-28
- Another Consumer Confidence Index Rockets Higher
- The Good News Economist submits: The Conference Board's closely watched index on US Consumer confidence rocketed higher in the board's April reading released yesterday... For those of us following the more dynamic Rausmussen Index, the report came as no surprise...The huge jump in the CB index follows the...
- External links 2009-04-29
- Employment Rebound? Certainly at Wal-Mart
- The Good News Economist submits: Last year Wal-Mart WMT added close to 30,000 jobs to it's domestic labor force. In 2009 it now predicts it will add another 22,000 positions nationwide. In fact in some hard hit states like California, Florida and Michigan, Wal-Mart plans to add over 1,000...
- External links 2009-06-04
- Lowe's: 'Feeling Better'
- The Good News Economist submits: Earlier in the week, Lowe's Cos. LOW said in the third quarter it saw improved sales in several major big-ticket categories, including major appliances and flooring projects.Same-store-sales declines for Lowe's progressively moderated as Q3 advanced, with October same-store sales only dropping 5.6%, following a...
- External links 2009-11-19
- Holiday Retail Outlook: 'Very Good Signs'
- The Good News Economist submits: Retail executives were holding their breath on Friday, looking for indications that the recent recovery would extend into the holiday shopping season. Macy's M CEO Terry Lundgren went on the record with the Wall Street Journal Saturday to assert that early indications of both...
- External links 2009-11-29
Additional Resources
- U.S. Consumers Driving Heady Q4 GDP
- The Good News Economist submits: The majority of US consumers are no longer on the sidelines. On Friday the numbers point to strong retail sales for two months in a row. Overall US retail sales in November spiked by 1.3% after a healthy 1.1% gain in October. November's increase...
- External links 2009-12-14
- Growing Signs of a Recovery
- The Good News Economist submits: Our list of positives is growing and Thursday saw some extremely positive recovery signs.1. We have now had strong retail reports for both Jan. and Feb. this year. The Feb. growth number was actually flat, but much stronger than many had feared. Feb. retail...
- External links 2009-03-13
- The Vanishing American Consumer
- Have Americans given up "retail therapy" for good? A permanent shift could be good for many strapped households — but would spell bad news for the recovery. American consumers have awakened, bolt upright, with belated sticker shock (“I bought what!? I spent how much!?”), from a shopping spree that’s...
- Articles 2009-09-15
- Shoppers Spent Less Over Black Friday Weekend
- By Nicole Maestri and Brad DorfmanSAN FRANCISCO/CHICAGO (Reuters) - Consumers spent significantly less per person at the start of the holiday season this weekend, dimming hopes for a retail comeback that would help propel the economy early in 2010.The lackluster spending could pressure retail stocks on Monday as some investors...
- News items 2009-11-29
- Good October retail sales numbers predicted
- U.S. retailers are expected to post positive October sales results this week, but investors hoping for a clear signal on economic recovery could be in for disappointment, industry experts said. Many top retail chains will report same-store sales results on Thursday, with the overall industry expected to post a 1.2...
- News items 2009-11-01
- Economy Improves, But Retail Sales Show Weakness
- The Federal Reserve upgraded the U.S. economy's performance by a notch this week, but an unexpected decline in retail sales showed that consumers are still wary of opening their wallets to power a more sustainable recovery. The Fed said in a statement that "economic activity is leveling...
- Blog posts 2009-08-13
- "Black Friday" Deals May Not Signal Retail Comeback
- By Jessica WohlCHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds.Industry experts expect a strong turnout on Black Friday, which falls on November 27 this year,...
- News items 2009-11-22
- "Black Friday" Deals May Not Signal Retail Comeback
- By Jessica WohlCHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds.Industry experts expect a strong turnout on Black Friday, which falls on November 27 this year,...
- News items 2009-11-23
- Retailers seeing signs of a good â??Black Fridayâ??
- CHICAGO - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds. Industry experts expect a strong turnout on Black Friday, which falls on November 27 this year, as deep...
- News items 2009-11-22
- The Economy is Scraping Along the Bottom
- Many economic analysts took comfort this week from the fact that initial jobless claims were down, but there was also a lot of evidence that we're still scraping along. Sure, it's good to know we actually have hit bottom - for a time in January the economy was in freefall...
- Blog posts 2009-08-06
- Consumers: One Step Back ... Home Prices: One Step Forward, Maybe
- One step forward, one step back, is the economic pace the news flow has described for 2009's second quarter. This week's releases also show little net progress: consumers have lost some of the confidence gained in the past two months, retail is weak, and corporate layoffs are expected well into...
- Blog posts 2009-06-30
- Retail Sales Are Weak, But No Towel Being Thrown In
- "Consumers are just throwing in the towel," according to Global Insight economist Brian Bethune. I like a nice quote, but Bethune displays utter ignorance in his search for news exposure. Let's take a look at yesterday's retail sales report: The drop in retail sales amounted to one tenth of one...
- External links 2008-08-15
- 'Black Friday' Sales Expected to Be Flat to Strong
- CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds. Industry experts expect a strong turnout on Black Friday, which falls on November 27 this year, as...
- News items 2009-11-23
- Consumers Prefer Cash as Wages Grow
- Consumers continue to avoid racking up debt on credit cards - a habit learnt from the depths of the global financial crisis - preferring instead to use cash from their growing weekly wage packet.New data released on Thursday showed the annual average wage now stands at $62,431, having risen...
- News items 2009-11-19
- Wall Street Jumps on JPMorgan, Intel Results
- By Edward Krudy NEW YORK (Reuters) - Stocks jumped on Wednesday after JPMorgan Chase & Co JPM posted a surge in profit, following stronger numbers from Intel Corp INTC a day earlier in an auspicious start to third-quarter earnings season. JPMorgan, the first major U.S. bank to report quarterly earnings,...
- News items 2009-10-14
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