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👤Arthur Greene
🕔November 22, 2016
Sales at U.S. retail stores rebounded in September, with auto dealers and gas stations racking up the biggest gains, in a sign consumers are still spending enough to keep the economy on a slow but steady growth path.…
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👤Arthur Greene
🕔November 21, 2016
Wholesalers account for the largest portion of the services sector, which in turn represents roughly two-thirds of total Canadian gross domestic product. Wholesalers generally act as an intermediary in the distribution of merchandise, and as a result tend to sell goods in large quantities to retailers, businesses and institutional clients.…
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👤Arthur Greene
🕔November 16, 2016
Statistics Canada says manufacturing sales rose 0.3 per cent to $51.5 billion in September, boosted by higher sales in the transportation equipment and fabricated metal industries.
Sales were up in 12 of 21 industries, representing 57.1 per cent of the total manufacturing sector.…
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👤Arthur Greene
🕔November 8, 2016
UK industrial production surprisingly dropped in September, according to official figures, but manufacturing output was unexpectedly stronger.
The figures confirmed that British industry overall dragged on otherwise robust economic growth in the third quarter. By contrast, consumers have shown no sign of curbing their spending after June’s vote to leave the European Union.…
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👤Arthur Greene
🕔October 31, 2016
German retail sales dropped in September from the previous month, their second consecutive decline and a possible sign that terrorism concerns and global economic uncertainties have started to undermine household consumption in Europe’s largest economy.
German retail sales in seasonally and calendar-adjusted terms declined 1.4% for September and the annual increase was held to 0.4%.…
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👤Nurudeen Amedu
🕔October 20, 2016
A flat reading was recorded for the UK retail sales in the month of September after the previous 0.2% decrease in the month of August. The figures, from the Office for National Statistics today, also revealed that sales with the exception of auto fuel were unchanged from August.…
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👤Nurudeen Amedu
🕔October 12, 2016
The Federal Reserve Open Market Committee (FOMC) meeting for the month of September reflected that the members of the committee had reached an agreement that the case for an interest rates raise had been strengthened. And again the Feds failed to make any comments on the time frame of the next rates hike and the overall outlook was marginally more dovish than anticipated.…
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👤Lisa Harris
🕔September 30, 2016
There was a better than forecasted result in the Chicago PMI as it posted a growth to 54.2, from 51.5 in the previous month against the anticipations for a smaller growth to around 52.0. The index has always reflected a tendency for high volatility, but in terms of quarterly readings the third quarter posted a rise to 53.8 from the second quarter figures of 52.2, this was the highest reading since the last quarter of 2014.…
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👤Nurudeen Amedu
🕔September 23, 2016
According to preliminary data released today, the US Manufacturing sector reported a larger than expected slump in activities within the US manufacturing sector for the month of September, despite it showing a very sluggish rate of expansion in new orders this year.…
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