HERE ARE SOME VERY IMPORTANT NEWS ARTICLES FROM THIS WEEK!
Here are some news pieces from this week. This first one is from Duluth:
http://www.duluthnewstribune.com/event/article/id/250903/
Preliminary October 2012
MICHIGAN CONSUMER SENTIMENT AT A FIVE YEAR HIGH!
by Doug Short, Advisor Perspectives/dshort.com
The University of Michigan Consumer Sentiment preliminary number for October came in at 83.1, up from last month’s final level of 78.3. The Briefing.com consensus was for 78.5, although Briefing.com’s one forecast was closer to the mark at 82.0. Today’s report is the highest level since September 2007.
U.S. ECONOMY SHOWS VERY POSITIVE SIGNS!
Capitol Goods, Orders for Goods, Consumer Confidence and Home Prices are all signs of better days ahead!
By THE ASSOCIATED PRESS
Published: November 27, 2012
WASHINGTON — American companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a hopeful sign for future economic growth.
Two other indicators out on Tuesday — private surveys of home prices and consumer confidence — rose briskly, more signs of optimism. Consumer confidence rose in November to its highest level in almost five years, the Conference Board said.
Orders for core capital goods, considered a proxy for business investment, rose 1.7 percent in October, the best showing since a 2.3 percent rise in May, the Commerce Department said Tuesday. Orders in this category had slowed beginning in the spring, acting as a drag on overall economic growth.
by Doug Short, Advisor Perspectives/dshort.com
The University of Michigan Consumer Sentiment preliminary number for October came in at 83.1, up from last month’s final level of 78.3. The Briefing.com consensus was for 78.5, although Briefing.com’s one forecast was closer to the mark at 82.0. Today’s report is the highest level since September 2007.
U.S. ECONOMY SHOWS VERY POSITIVE SIGNS!
Capitol Goods, Orders for Goods, Consumer Confidence and Home Prices are all signs of better days ahead!
By THE ASSOCIATED PRESS
Published: November 27, 2012
WASHINGTON — American companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a hopeful sign for future economic growth.
Two other indicators out on Tuesday — private surveys of home prices and consumer confidence — rose briskly, more signs of optimism. Consumer confidence rose in November to its highest level in almost five years, the Conference Board said.
Orders for core capital goods, considered a proxy for business investment, rose 1.7 percent in October, the best showing since a 2.3 percent rise in May, the Commerce Department said Tuesday. Orders in this category had slowed beginning in the spring, acting as a drag on overall economic growth.
Retailers
Keep Deals Flowing on 13% Holiday-Sales Jump
By Chris Burritt on November 26, 2012
Go
U.S. retailers are extending deals
into Cyber Monday and beyond to try to sustain a 13 percent gain in
Thanksgiving weekend sales.
Spending in stores and online rose to
$59.1 billion in the four days starting Nov. 22, the National Retail Federation
said in a statement yesterday. A year ago, sales advanced 16 percent over the
holiday weekend.
Retailers have turned Black Friday
into a week’s worth of deals, with earlier openings and online offers.
Thanksgiving Day, once reserved for family gatherings, saw the number of
shoppers rise to more than 35 million from 29 million last year, the NRF said.
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