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Fed Beige Book: US economy expands at moderate pace, fueled by consumer spending, auto sales
2015-10-14 21:44:02| Auto Dealers - Topix.net
The Federal Reserve says steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer, though factory output was sluggish in part because of the strong dollar. The Fed says in its latest snapshot of the economy that nine of its 12 regional banks reported that growth was moderate or modest from mid-August through the beginning of October.
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Fed says consumer spending, auto sales boost US growth
2015-10-14 21:44:01| Auto Dealers - Topix.net
In this June 4, 2015 photo, a shopper checks out at a Wal-Mart Neighborhood Market store in Bentonville, Ark. The Federal Reserve on Wednesday, Oct. 14, 2015 said steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer, though factory output was sluggish in part because of the strong dollar.
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consumer
Sepro to achieve record sales in 2015
2015-10-14 21:02:16| Canadian Plastics Headlines
Canadian daughter company coming in 2016, Sepro says. The post Sepro to achieve record sales in 2015 appeared first on Canadian Plastics.
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New carbon tax won't dent car sales
2015-10-14 20:43:38| Auto Dealers - Topix.net
The Federation of Thai Industries believes the new excise tax based on carbon-dioxide emissions instead of engine capacity will not dent car sales when it is introduced next year if the economy recovers as expected. "The new car tax means that the prices of new passenger cars, which are being used by the majority, will increase by about Bt10,000 to Bt100,000.
Even with falling PC sales, semiconductor stocks are worth a look
2015-10-14 18:46:06| Semiconductors - Topix.net
China's economic woes have caused investors to pull out of anything and everything exposed to the Red Giant. That certainly applies to semiconductor stocks, for which China represents a fifth of the global market.The PHLX Semiconductor Sector Index has fallen 21% since Junea 1, with valuation ratios following suit.
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