For occasional and accent suppliers, this week's Las Vegas Market should be a good indicator of business to come in 2013. Coming out of an election year and a partial resolution to the "fiscal cliff," many suppliers are hoping that the ...
Tags: Las Vegas Market, Omen, furniture, furniture design
If you have young children or grandchildren, look at them and imagine signs around their necks: “I owe my government $52,000 — and each day I will owe more.” While the number varies according to the parameters of data ...
Tags: finance, money management, bullet
Given the fact that retail sales and consumer spending represent roughly two-thirds of total economic activity in the United States, it is fairly east to surmise that the current numbers are not where they need to be to lift economic growth ...
Tags: NRF, Lower Retail Sales, 2013
The National Retail Federation urged the House to approve legislation that would put the federal debt ceiling on hold until mid-May. “This move will give Congress the time it needs to deal with the debt ceiling in a thoughtful and ...
Tags: NRF, US Govt, fiscal policy
Despite declines in its coal volumes, Kansas City Southern swung to a fourth quarter and year-end profit, partly on growth in shipments of crude oil and frack sand, executives of the railroad said Tuesday. "The growth in crude and ...
Tags: coal volumes, Kansas, crude oil, frack sand
Confidence in the U.S. construction market was down for the second half of 2012, according to the latest report from the Associated Builders and Contractors (ABC). ABC’s Construction Confidence Index (CCI) looks at three aspects of ...
Tags: Confidence, U.S.construction market, 2012, CCI
The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...
Tags: Dollar, currency, Australian dollar
December retail sales were up compared to November and also on an annual basis, to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that December retail sales at ...
Tags: December, retail sales, NRF
The AWEX Regional Indicators finished 4.0% higher, on average, when sales resumed in Sydney, Melbourne and Fremantle this week. The closing US exchange rate was unchanged from the closing rate when sales went into the Christmas break. ...
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and ...
Tags: IREPAS, long steel products, steel markets
Since the U.S. has got around the "fiscal cliff" for now, the New York cotton futures have recovered again; and also the indexes of Cotlook as well as of the Bremen Cotton Exchange have remained on a stable level. The reported week was ...
Tags: fiscal cliff, cotton, stable level, Bremen
Consumer confidence in technology reached the highest level in the history of the CEA Index, according to the latest figures released today by the Consumer Electronics Association (CEA)®. Consumer expectations about the overall economy ...
Tags: Consumer Confidence, Technology Reaches, CEA Index, Technology products
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
NYMEX crude futures tread water for most of the session Tuesday, settling nearly unchanged after news of improved investor confidence in Europe failed to spark buying. NYMEX February crude settled 4 cents lower at $93.15/barrel. On ...
Tags: NYMEX, crude futures, crude, finance
The Australian sharemarket fell the most in five weeks today, with financial, material and industrial stocks leading the decline as global equity markets lost upward momentum following strong gains last week on the resolution of the US ...
Tags: Australian sharemarket, global equity markets, Australia, Shares