Donutboy 0 Posted December 5, 2003 Share Posted December 5, 2003 At Many Stores, Early Numbers DisappointBy TRACIE ROZHON Published: December 5, 2003 Retail sales in November, including the bellwether Thanksgiving weekend, failed to rise to analysts' expectations, suggesting that the Christmas season may not be as good as some retailers hoped a month or two ago. But for luxury retailers, the season still looks upbeat. Shoppers tended to buy higher-priced, higher-profit items last month, even at discount stores. "By and large, the analysts' estimates had been fairly reasonable, but the retailers didn't perform," said Ken Perkins, a research analyst at Thomson First Call, which tracks analysts' predictions. "It doesn't mean that definitely December will be bad, too, but I bet you'll see a lot of December estimates pared down." At Many Stores, Early Numbers Disappoint Link to comment Share on other sites More sharing options...
DKW 86 7,448 Posted December 5, 2003 Share Posted December 5, 2003 Wal-Mart had sales of $1.52BBBBBBBBBillion on Friday alone. This is setting up as a record shopping year. MSNBC says demand is sssooo strong that retailers arent even offering discounts this year. Inventory prior to Thanksgiving was already down 7% according to Business Week. Analysts said that this may be the best Christmas in years ansd Tech stocks were leading the way in increased sales due to increased sales of PC. HP leading the most. Dell right behind. The myth os slow sales will be shattered by Christmas as the Dems realize they are staring down a rapidly growing economy in 2004. It's the Economy Stupid, may be the Battle cry for Republicans this year. Job projections at UAH are phenomenal for May Grads. Link to comment Share on other sites More sharing options...
Tiger in Spain 0 Posted December 5, 2003 Share Posted December 5, 2003 From Reuters You're wrong, Donut Stocks jumped to close at 18-month highs on Monday, led by industrial stalwarts International Paper Co. and Alcoa Inc., as investors welcomed a report showing U.S. factories barreled ahead in November at their fastest clip since 1983. The Dow and the Standard & Poor's 500 recorded their highest closes since the end of May 2002, while the Nasdaq finished at its highest mark since January 2002. "Businesses are increasingly convinced this recovery can be sustained, and it won't just be a flash in the pan," said Richard DeKaser, chief economist at National City Corp. The outlook for the economy was given a boost early in the session as the Institute for Supply Management said its barometer of manufacturing activity surged to 62.8 in November from 57.0 in October, far exceeding economists' forecasts and putting to rest doubts that a manufacturing recovery will be sustained. A separate report earlier in the day showed that U.S. construction spending jumped an unexpected 0.9 percent in October, setting a record for a fourth straight month. From Yahoo Wrong again, pal U.S. factories charged ahead in November at their quickest pace since 1983, far exceeding economists' forecasts and putting to rest any lingering doubts that a manufacturing recovery will prove sustainable.As the first inklings of a jobs rebound surfaced, the Institute for Supply Management said on Monday its barometer of manufacturing activity surged to 62.8 in November from 57.0 in October. Wall Street economists had predicted a rise to 58.0. "What we saw was an amazing month in November by just about any standard," said Norbert Ore, the ISM executive in charge of the survey. A reading above 50 signals growth in the industrial sector, which makes up about a sixth of the U.S. economy and has been hardest hit by the recession and meager recovery of the past few years. It was the latest in a series of reports pointing to continued strong growth in the world's largest economy during the fourth quarter, after a blockbuster expansion between July and September. "It looks like we're beginning to see the manufacturing sector make up a lot of lost ground," said Gary Thayer, chief economist at A.G. Edwards & Sons, in St. Louis, Missouri. Donut, you and your gloom and doom liberal propaganda news source must be the only ones that think the economy is in shambles. Link to comment Share on other sites More sharing options...
Donutboy 0 Posted December 5, 2003 Author Share Posted December 5, 2003 States are facing huge budget crisises next year caused by the Bush tax cuts and rescinding of federal aid to states, and the other states raised fees on services and raised taxes which will show up on payroll deductions in the new year. This projected recovery is seen as a jobless recovery for the foreseeable future. Convince all of those people who have lost jobs that they're better off now than in 2000 and look at the political landscape where Bush lost the last election by a half million votes and I don't think it's gloom and doom. I see opportunity for America to take back her country. I'm sure Fox News and the Wall Street Journal will try to put their best spin on it but the main factor that shows how well a recovery is working is "actual sales" and when companies are already downsizing their seasonal projections, the economy doesn't look as bright as some project. Link to comment Share on other sites More sharing options...
AURainman 6 Posted December 5, 2003 Share Posted December 5, 2003 Donut, why are you always the "bearer of bad news." Are you SO wrapped up in your politics that you think every negative story about America is a shot at Bush? If you don't realize what you are doing, let me summarize it for you. You have positioned yourself AGAINST economic prosperity. Your "doom and gloom" posts have put you in that catagory until the year is up. Link to comment Share on other sites More sharing options...
Donutboy 0 Posted December 5, 2003 Author Share Posted December 5, 2003 Donut, why are you always the "bearer of bad news." Are you SO wrapped up in your politics that you think every negative story about America is a shot at Bush? If you don't realize what you are doing, let me summarize it for you. You have positioned yourself AGAINST economic prosperity. Your "doom and gloom" posts have put you in that catagory until the year is up. Am I the bearer of bad news? That would have to mean that the news IS bad and I don't control that. What I do report is actual news that gets skimmed over by the press for the sensational; Jacko, Cannibalism, fast trains and other fluff. Regardless of what Tiger In Spain thinks, I do respect our military and the job that they do. I have two friends at work who have sons over there. I don't do a daily death count on the War in Iraq because I don't believe in sensationalizing tragedies and I think every person, American soldier or innocent Iraqi citizen, who dies in this war is a tragedy for some family somewhere. As far as the economy goes, I don't control it and I don't secretly hope that it fails. I've probably spent as much or more in the past three years than anyone else on this forum, save for those who have made house purchases. If I wanted the economy to fail, I'd be refusing to spend instead of continuing to spend freely. Link to comment Share on other sites More sharing options...
big dude 0 Posted December 5, 2003 Share Posted December 5, 2003 I'm so dizzy from all this backpedaling, then spinning, backpedaling, then spinning....... :wacko: Link to comment Share on other sites More sharing options...
Tiger in Spain 0 Posted December 5, 2003 Share Posted December 5, 2003 Link to comment Share on other sites More sharing options...
Tiger Al 0 Posted December 5, 2003 Share Posted December 5, 2003 Darn it, DB, don't you know that was the WRONG answer??? You're supposed to say that because you are a socialist/communist who hates capitalism that you cheer with every job lost, do high fives with your other whacko friends whenever the DOW drops and you did cartwheels yesterday when Bush screwed Pennsylvanians by eliminating steel tariffs to appease the EU. Come on, man, didn't we teach you better than that...comrade!!! Link to comment Share on other sites More sharing options...
Donutboy 0 Posted December 5, 2003 Author Share Posted December 5, 2003 I'm so dizzy from all this backpedaling, then spinning, backpedaling, then spinning....... :wacko: Well stop doing it then!! Link to comment Share on other sites More sharing options...
AURainman 6 Posted December 5, 2003 Share Posted December 5, 2003 As far as the economy goes, I don't control it and I don't secretly hope that it fails. Yeah, right. :$: BAD DonutBoy At least that is what your posts have shown me so far. I know I don't post over here much, but I do read the articles posted. Link to comment Share on other sites More sharing options...
Tiger Al 0 Posted December 5, 2003 Share Posted December 5, 2003 See, DB, Rainman got it right!!! When someone disagrees, they are a communist. Money is bad, bad, bad. The state is good, good, good. Newt Gingrinch learned him good! Link to comment Share on other sites More sharing options...
big dude 0 Posted December 5, 2003 Share Posted December 5, 2003 Quite a snappy comeback.....for a third grader!!!! Link to comment Share on other sites More sharing options...
DKW 86 7,448 Posted December 5, 2003 Share Posted December 5, 2003 These are great and true. I bet I use one in my sig soon. Thanks guys. DId anyone see the guy on MSNBC yesterday giving the one word answers as to why the dems would not win? Gephardt-Too Whitebread, never appeal to blacks. Sharpton-Mismatched, Too emotional and too disliked Clark-Inexperienced, running horrible campaign. Moseley-Braun, Unknown Thats all I heard. Link to comment Share on other sites More sharing options...
Donutboy 0 Posted December 5, 2003 Author Share Posted December 5, 2003 These are great and true. I bet I use one in my sig soon.Thanks guys. DId anyone see the guy on MSNBC yesterday giving the one word answers as to why the dems would not win? Gephardt-Too Whitebread, never appeal to blacks. Sharpton-Mismatched, Too emotional and too disliked Clark-Inexperienced, running horrible campaign. Moseley-Braun, Unknown Thats all I heard. Yeah, they were saying pretty much the same things in 1992. Who'd elect a governor of such a backward state as Arkansas over a sitting president who had recently enjoyed over 70% approval ratings? Sometimes the election can become less about credentials and more about a referendum on the incumbent, and the American public has shown that they're in the clean house mood. Link to comment Share on other sites More sharing options...
AURainman 6 Posted December 5, 2003 Share Posted December 5, 2003 See, DB, Rainman got it right!!! When someone disagrees, they are a communist.Money is bad, bad, bad. The state is good, good, good. Newt Gingrinch learned him good! I never said anyone was a communist, but thanks for playing. Link to comment Share on other sites More sharing options...
Jenny AU-92 0 Posted December 5, 2003 Share Posted December 5, 2003 Sometimes the election can become less about credentials and more about a referendum on the incumbent, and the American public has shown that they're in the clean house mood. Yeah - a housecleaning all right - but for which party? From USA Today... With a presidential campaign only months away, Republicans picked up two governorships in the South, ousting Mississippi's Democratic incumbent and seizing Kentucky's top job for the first time in 32 years. And let's not forget California. Link to comment Share on other sites More sharing options...
DKW 86 7,448 Posted December 5, 2003 Share Posted December 5, 2003 Sometimes the election can become less about credentials and more about a referendum on the incumbent, and the American public has shown that they're in the clean house mood. Yeah - a housecleaning all right - but for which party? From USA Today... With a presidential campaign only months away, Republicans picked up two governorships in the South, ousting Mississippi's Democratic incumbent and seizing Kentucky's top job for the first time in 32 years. And let's not forget California. Darn Jenny, with you around, I might lose my resident smart butt reputation. Link to comment Share on other sites More sharing options...
Jenny AU-92 0 Posted December 5, 2003 Share Posted December 5, 2003 Nothing smart butt about the truth!!! He should think before he spouts off. Link to comment Share on other sites More sharing options...
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