Posted by Admin on
August 22, 2008
Despite a Shaky Economy, Imports Sell Well
With the event downturn of events regarding the American economy, more and more people are having to change their buying habits and cut back on expenses in sudden ways that are leaving them somewhat anxious and feeling the pinch. Although times have been tough, with rapidly changing consumer preferences transpiring, companies are also dealing with their own blues as they have to struggle with a brave new world of sorts, and the automotive industry is perhaps the most obvious case where the hot item of yesterday is the taboo of tomorrow. Read the rest of this entry »
Posted by Admin on
August 9, 2008
Economy Continues to Shrink in June
Although the situation in America has left the general economy feeling a pinch as gas prices soar and jobs continue to dwindle in certain markets such as the automotive industry, the overall impression left on Americans has been greatly exaggerated in most cases. However, despite the fact that the economy has not been completely hurt, with some sectors actually continuing to grow at a healthy pace, the latest figures from the New York Conference Board report for the month of June have shown a slight decline for the overall economy. Read the rest of this entry »
Posted by Admin on
August 6, 2008
Economists Divided Over Proposed Second Stimulus Package
President Bush is considering sending out another stimulus package to US taxpayers, an idea that some observers greet with skepticism and doubt. Other observers think the new stimulus check will be good for the economy, asserting that the previous stimulus checks led taxpayers to spend the money immediately rather than invest it in savings or in debt payoffs. Read the rest of this entry »
Posted by Admin on
June 25, 2008
Online Sales In America Aren’t Slowing Down
Considering how the economic landscape is looking particularly dismal, it comes as a notable surprise that, regardless of how the economy is slowing down in some areas, online retail sales in the US are expected to continue to increase by roughly 50% over the next five years and to exceed $300bn. This estimate is made according to the work of Forrester Research and was prepared for Shop.org, the premier national association of internet retailers. Read the rest of this entry »
