Business and Finance news
December 5, 2008
When stores report their November sales Thursday, analysts expect the scorecard will look pretty bleak once again.
What that means is there is likely very little hope left for the the 2008 holiday shopping season.
Analysts forecast that last month’s same-store sales, or sales at stores open at least a year, will show a steep 2.4% […]
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December 3, 2008
U.S. service industries probably contracted in November at the fastest pace on record, sinking the economy deeper into what may become the worst recession in decades, economists said before a report today.
The Institute for Supply Management’s index of non- manufacturing businesses, which make up almost 90 percent of the economy, fell to 42, […]
finance - Comments closed
December 1, 2008
Retail sales in Germany, Europe’s largest economy, unexpectedly fell in October as the fallout from the global financial crisis damped household spending.
Sales, adjusted for inflation and seasonal swings, dropped 1.6 percent from September, when they declined a revised 1 percent, the Federal Statistics Office in Wiesbaden said today. Economists forecast a gain of […]
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