After six consecutive quarters in retreat, businesses in the third quarter increased spending on new computers and software at an annual rate of 1.1%. That marked an about-face from the first quarter’s annualized 36.4% plunge.
Indications that business spending is starting to revive are vital to future growth — because there is no political support for [...]
Oct 30
Business spending rises: Good sign for the economy
Sep 29
Halloween Sales Scary, Christmas Sales Cheerful
Christmas shoppers this year are expected to shop with a little more glee compared with last year’s gloomy holiday sales season, but Halloween sales are slated to plummet as shoppers spend an estimated 15.4% less than last year, according to two separate studies by the International Council of Shopping Centers and National Retail Federation.
Last year’s [...]
Sep 29
RV Purchases Shed Positive Light on Economy
Some economists are hopeful after observing a somewhat obscure economic indicator, which revealed that consumers are feeling more optimistic about the future: there’s been an upswing in recreational vehicle purchases.
Consumer confidence is expected to show modest improvement in a report being released today, but some economists see RV sales as a leading indicator of the [...]
