merchandise trade surplus declined in the latest month, April 2008, to $61.3 billion, on an annualized basis, according to the latest report from Statistics Canada.
This figure, while down from March�s level of $68.3 billion, still compares favorably with the long-term average ($60.0 billion since 2001) and is way up from the low point over the [...]
Analysts were surprised by the soild increase in retail sales and noted that sales in April were also revised to show a respectable gain of 0.4 percent, instead of the original estimate that sales had fallen by 0.2 percent.
Ian Shepherdson, chief U.S. economist at High Frequency Economics, said one possible explanation was that consumers have [...]
It’s a tale of two cities that share the same valley bordered by mountain vistas. The bigger of the two has lured shoppers for decades from the other side of the city limits generally along Commonwealth and Esplanade avenues.
Hemet Interim City Manager Len Wood noted in his budget message that from 2006 to 2007, sales [...]
The United Auto Workers international executive board has endorsed Democrat Barack Obama for president.
UAW President Ron Gettelfinger said Tuesday in a news release that Obama has given the country a positive vision for a better America and concrete plans to achieve it.
Gettelfinger notes the Illinois senator has pledged to rebuild the country’s manufacturing base and [...]
Barack Obama is picking up a major labor endorsement. The United Auto Workers international executive board tossed its support to the presumptive Democratic candidate.
Union President Ron Gettelfinger said in a news release that Obama has given the country a positive vision for a better America and concrete plans to achieve it, including a pledge to [...]
Major automakers are expected to post steep declines in U.S. sales for May, as the spike in gasoline prices battered an industry already reeling from weak consumer confidence and tighter credit.
Weak U.S. sales in May would add to growing concerns that the world’s largest market for vehicles is headed for a deeper downturn this year, [...]
On Saturday, May 24 from 10 a.m. to 2 p.m. have your car washed for $5 and join Milford Auto Body support the future of our children through the Kiwanis Club of Delaware Valley. The car wash will be held at the Sunshine Station on US Route 6 and 209, just outside of Milford, opposite [...]
“The economy is far from being ‘out of the woods,’” wrote Brian Bethune and Nigel Gault, economist for Global Insight. The economic indicators in the coming week will show “an economy that is still struggling.”
The data will cover all the main parts of the economy: Consumer spending, manufacturing, housing and inflation.
Consumer spending, industrial output and [...]
Last we looked, none of Ontario’s auto plants were located in Premier Dalton McGuinty’s Ottawa-area riding. Yet the premier has been consistently supportive of Canada’s largest manufacturing sector, the powerhouse of Canada’s largest provincial economy.
When General Motors Corp. announced about 970 layoffs at its Oshawa complex last week, McGuinty popped up a day later to [...]
HONG KONG, April 25 (Reuters) - Hong Kong stocks are expected
to move higher on Friday on overseas gains and the strength of
China markets, but lower oil and gold prices could trigger
profit-taking in related counters.
“The blue-chip index should test the 26,000 level today as
Chinese stocks are likely to continue to [...]
