More in Retail
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The Stockbroker Game Is Changing
A new story out of Bloomberg early this morning describes an industry in transition. Apparently, gone are the days of the macho, alpha males pounding their desks while on the...
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Retail Sales Up 0.1% In April
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for...
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ISM Non-Manufacturing PMI Slips To 53.1
The Institute for Supply Management reports that the PMI from its ISM non-manufacturing survey was a reading of 53.1 in April. This is down from a 54.4 reading in March,...
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The US Employment Situation, April 2013
The U.S. Bureau of Labor Statistics reports in its employment situation release this morning that +165k jobs were added in April. This is better than what economists expected for the month and better than March’s extremely upward...
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J.C. Penney Apologizes For Shitty Year, Vows To Be Less Shitty
J.C. Penney has been having some trouble. After sales tanked, they tried bringing in retail all-star Ron Johnson as their new CEO, but that didn’t work. Now, not only are...
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Asian Auto Manufacturers Return To Gaining Market Share In The U.S.
Japan’s 2011 earthquake caused vehicle inventory shortages for Asian manufacturers, but those automakers have now rebounded. AutoNews reports that Korean and Japanese vehicle manufacturers accounted for nearly half of all...
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Retail Sales Decrease 0.4%
The U.S. Census Bureau reports that retail sales decreased a seasonally adjusted -0.4% in March to $418.3 billion. This follows a +1.0% increase in February, and is the largest monthly...
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The US Employment Situation, March 2013
The U.S. Bureau of Labor Statistics reports in its employment situation release this morning that +88k jobs were added in March. This month’s payrolls print is a significant decrease from February’s revised reading of +268k, and is...
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ISM Non-Manufacturing Declines But Remains Strong
The Institute for Supply Management reports that the composite PMI of the ISM non-manufacturing index decreased to a reading of 54.4 in March from February’s 56.0 reading. This is the...
