November 17, 2009
Corporate profits continue to prevail, and beat the streets estimates, economic opinion is turning positive, inflation remains in check, the stock market is moving in a very positive direction, unemployment seems to be leveling off, consumer sentiment is up, housing is starting to turn… All this points to a confident consumer going into the holiday shopping season. Could I be wrong? Of course. I doubt we’ll see the strong holiday season’s of past years, but I think we’ll see stronger holiday retail revenues than that of ‘08. Following are just a few of the positive corporate profit reports coming in this week:
Home Depot profit beats street…
Target profits up…cautious on 4th Q…
T.J. Maxx profits beat street estimates…
Saks posts 3Q profit…
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Corporate, Positive Economic News | Tagged: corporate profits, Home Depot, Positive Economic News, Saks, Target, TJ Maxx | 
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Posted by tzugidan
November 13, 2009
I mean…how bad can things be when we still have the disposable income to visit the biggest human trap built by a mouse???? LOL
By Sue Zeidler
LOS ANGELES (Reuters) – Walt Disney Co posted a larger-than-expected rise in both quarterly profit and revenue, as strong results from its cable business helped it overcome a disappointing stretch for its film studio.
Shares of Disney — which earlier announced that its finance chief, Tom Staggs, and the head of its parks division, Jay Rasulo, will soon swap jobs — rose…
Read the full story here.
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Positive Economic News | Tagged: disney, Positive Economic News | 
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Posted by tzugidan
November 12, 2009
WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless insurance fell to the lowest since January, government data showed on Thursday, pointing to improvements in the labor market.
Initial claims for state unemployment benefits dropped last week to a seasonally adjusted 502,000 from a revised…
Read the full story here.
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Positive Economic News, employment | Tagged: employment, jobless claims, Positive Economic News | 
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Posted by tzugidan
November 4, 2009
NEW YORK (Reuters) – Planned layoffs at U.S. firms fell for a third straight month in October to a 19-month low, feeding hopes the labor market will continue to improve as economic activity rebounds.
Read the full story here
Leave a Comment » | Positive Economic News, employment | Tagged: economic news, economy, employment, Positive Economic News | Permalink
Posted by tzugidan
November 3, 2009
Economic activity in the manufacturing sector expanded in October for the third
consecutive month, and the overall economy grew for the sixth consecutive month,
say the nation`s supply executives in the latest Manufacturing ISM Report On
Business®.
The report was issued today by Norbert J. Ore, CPSM, C.P.M., chair of the
Institute for Supply Management Manufacturing Business Survey Committee. "The
manufacturing sector grew for the third consecutive month in October, and...
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Leave a Comment » | Positive Economic News, manufacturing | Tagged: industrial production, inventories, manufacturing, positive news, production | Permalink
Posted by tzugidan
November 3, 2009
From Reuters news service:
Dow Jones Economic Sentiment Indicator Rebounds; Rises to 36.9, Highest Level
Since August 2008
Media optimism on economy again runs counter to consumer sentiment; Stock
market gains, GDP growth lead positive economic coverage
NEW YORK, Nov. 2 /PRNewswire/ -- The Dow Jones Economic Sentiment Indicator
(ESI) rose to 36.9 in October, up from 34.1 in September as a result of
positive media coverage of ongoing stock market gains and news that the gross
domestic product rose at an annual rate of
Read the full story here.
Leave a Comment » | Positive Economic News | Tagged: Dow, dow jones, economic sentiment, good economic news, good market news, Positive Economic News | Permalink
Posted by tzugidan
November 3, 2009
From the City Wire, Arkansas
Submitted by The City Wire staff on Mon, 11/02/2009 – 3:44pm.
Arkansas’ economy saw “weak” signs of improvement and there were better signs of growth from a closely watched national manufacturing report.
Overall, both reports provide reasons for economic hope for a Fort Smith region still dominated by durable goods manufacturing.
Read the full story
Leave a Comment » | Good Local Economic News, Positive Economic News | Tagged: arkansas business conditions, cosumer confidence, durable goods, good economic news, Positive Economic News, positive news | Permalink
Posted by tzugidan
October 30, 2009
By Karen Pierog and Glenn Somerville
CHICAGO (Reuters) – The U.S. economy’s return to growth during the third quarter shows stability has been regained but recovery is fragile and needs nurturing, Treasury Secretary Timothy Geithner said on Thursday.
The government estimated that gross domestic product grew at an annual rate of 3.5 percent from July through September. Still, Geithner said the government must be ready to reinforce growth if needed to avoid risks of a credit crunch.
Read the full story here…
Leave a Comment » | Positive Economic News | Tagged: economic news, economy, good economic news, Positive Economic News | Permalink
Posted by tzugidan
October 30, 2009
From the Los Angeles Times:
Some perspective on the details inside today’s government report on third-quarter gross domestic product, which showed that the economy grew at a 3.5% real annualized rate in the three months ended Sept. 30 — the first advance since the second quarter of 2008:
–Bernard Baumohl, economist, Economic Outlook Group: Fueling this latest spurt in growth was consumer spending, which jumped at a 3.4% pace, the biggest increase since the first quarter of 2007. Much of the surge in spending should be attributed to the “cash for clunkers” program and the $8,000 tax credit to first time homebuyers. But looking ahead, we believe that other non-governmental factors will help boost economic growth. First, this positive
Read the full story at the Los Angeles Times:
Leave a Comment » | Positive Economic News, economic information | Tagged: economic news, GDP, GDP Report, good economic news, Positive Economic News, recession | Permalink
Posted by tzugidan
October 29, 2009
By Lucia Mutikani
WASHINGTON (Reuters) – The U.S. economy grew in the third quarter for the first time in a year, beating market expectations, as consumer spending and new home-building rebounded, signaling the end of the worst recession in 70 years.
The Commerce Department, in its first estimate of third-quarter gross domestic product on Thursday, said the economy grew at a 3.5 percent annual rate, the fastest pace since the third quarter of 2007, after contracting 0.7 percent in the April-June period.
Read the full story here….
Leave a Comment » | Positive Economic News | Tagged: economic news, economic recovery, end of recession, good economic news, positive economic growth, Positive Economic News, recession, recession news | Permalink
Posted by tzugidan
