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Consumer Spending for May Drops First Time in Five Years
Jun 13, 2017Further uncertainty surrounding the general election results is expected to fuel further decrease in spending and sales. Consumer spending in May has dropped for the first time in four years, with the uncertainty from last week’s ...
Tags: Consumer Spending
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Late Easter Spurs UK Retail to Biggest Monthly Increase Since April 2006
May 10, 2017Over the three months to April, non-food retail rose by 0.3 per cent while online sales of non-food products were up by 8.2 per cent over the same period. In store sales fell 1.3 per cent. UK retail sales have registered their biggest ...
Tags: Late Easter
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Sales Slow in August, Yet Furniture Remains Positive
Sep 13, 2016Sales slowed in August as the Olympics and outdoor activities diverted shoppers’ attention, reports BRC-KPMG in its latest Retail Sales Monitor. On a total basis, sales declined 0.3%, against a 0.1% increase in August 2015. This is ...
Tags: BRC-KPMG
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Moderate Australian Hiring Intentions Reflect Employer Resilience
Jun 21, 2016The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
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“Mediocre” Is The New Air Cargo Reality
Mar 22, 2016The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
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Global Tech LED's Solstice LED System Awarded U.S. Patent
Nov 10, 2015Global Tech LED continues to raise the bar by creating and manufacturing revolutionary LED products, and is proud to announce that its LED Solstice System has been awarded U.S. Patent numbers 9,091,424 and 8,979,304. Global Tech LED ...
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Retail Sales Grow Faster Than Expected
Oct 15, 2015Sales and orders grew on the high street at a much stronger rate than had been anticipated in the year to September, with the robust pace of growth expected to continue next month, according to the CBI’s latest monthly Distributive ...
Tags: Low inflation, wage growth
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America's GDP Growth Will Hover Just Over 3% for The Rest of The Year
Aug 3, 2015Despite a disappointing start to 2015 with -0.2 GDP change in the first quarter, economic analysts are confident that America's GDP growth will hover just over 3 per cent for the rest of the year, says the Confederation of British Industry ...
Tags: US Economy, GDP growth
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China Wish to Achieve Further Development in The Next Stage
Jun 17, 2015It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
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Wages Growth Across Most Industries Has Slowed in The March Quarter 2015
May 19, 2015Photo courtesy of the ABC. The seasonally adjusted Wage Price Index (WPI) rose 0.5 per cent in the March quarter 2015 and 2.3 per cent over the last year, according to figures released today by the Australian Bureau of Statistics (ABS). ...
Tags: Wage Price Index, wages growth
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American Economy Is Not Steady
Feb 2, 2015Bloomberg News sat down with Peter Coy, Bloomberg Businessweek Economics Editor, and Susan Lyne, AOL BBG Ventures President, to discuss the American economy, and to try to answer the question: is America roaring back economically? Coy ...
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U.S. Jewelry and Watch Sales in September Increased 3 Percent Year on Year
Nov 7, 2014U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
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U.S. Jewelry Store Sales Jumped 8 Percent Year on Year to $2.37 Billion
Oct 11, 2014U.S. jewelry store sales jumped 8 percent year on year to $2.37 billion in July, according to the government's retail survey. The increase for jewelry stores was stronger than the overall jewelry and watch sector, which recorded a ...
Tags: jewelry store, watch sector
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The Government Cut Its Forecast for Japan's Economic Growth in Fiscal 2014
Aug 15, 2014TOKYO (Kyodo) –The government on Tuesday cut its forecast for Japan’s economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike, the first in 17 ...
Tags: Japan, Electrical, Electronics
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Many Business Economists Expect The Federal Reserve to End Its Bond Purchases
Mar 27, 2014With the pace of U.S. economic growth seen speeding up later this year and next, many business economists expect the Federal Reserve to end its bond purchases this fall or even earlier. The consensus of the 48 economists surveyed by the ...
Tags: U.S.economic, GDP, inflation