"Confident U.S. consumers open their wallets'
- Thread starter heartsurgeon
- Start date
CADsortaGUY
Lifer
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
Originally posted by: DealMonkey
But think about the credit card debt! Oh the humanity!!
Consumer credit is bullish
Another dopey troll from the antiDave. I feel sorry for your patients if you are really a doctor.
typical liberal tactic-- attack the person, ignore the facts. I would encourage you to post elsewhere.
cordially h.s.
NEW YORK - Rising consumer confidence gave the U.S. retailers their third straight month of solid sales during February, with data released Thursday showing that sales were above expectations at many clothing and department stores.
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"Consumers are definitely feeling better," said Todd Slater, an analyst at Lazard. "They are more upbeat about their jobs. They have more liquidity, and they're much more compelled by the fashion offerings."
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The performance in February followed a robust January and a better-than-expected holiday season.
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Terry Lundgren, the chief executive of Federated Department Stores, reported "underlying sales strength in key merchandise categories such as women's ready-to-wear, jewelry, handbags, shoes and cosmetics that is very encouraging for the spring season over all."
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Ken Perkins, an analyst at Thomson First Call, called the month "a blowout" and said his company's sales tally of 68 retailers was up 6.7 percent from a year earlier, better than the 5.7 percent gain anticipated. The tally is based on what the industry calls same-store sales, or sales from stores open at least a year. The measure is considered the best measure of a retailer's health.
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The release of retailers' results coincided with a U.S. Labor Department report that the number of people filing new applications for unemployment benefits dropped last week. That is an indication companies may be feeling confident about the durability of the economic recovery and less inclined to reduce their payrolls.
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Wal-Mart Stores, the world's largest retailer, announced a 6.2 percent gain in same-store sales in February, beating the 4.9 percent expected by analysts surveyed by Thomson First Call. Wal-Mart's total sales were up 14 percent.
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Target, helped by strong sales at its discount division, had a 7.5 percent increase in same-store sales. Analysts expected a 5.7 percent increase. Total sales were up 13 percent.
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Mall-based apparel stores and department stores, meanwhile, enjoyed a strong performance. Analysts said department stores were benefiting from designers' latest fashions, and bright colors like hot pinks and citrus as well as miniskirts that have also helped spur sales.
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"I think they have created new energy," Slater said.
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J.C. Penney posted a 12.1 percent increase in same-store sales at its department stores, well exceeding the 5.6 percent Wall Street expected. Total sales rose 11.7 percent. The company said sales were strong across all merchandise divisions thanks to a strong response to Valentine's Day and Presidents' Day store events.
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At Sears, Roebuck Co., same-store sales in its domestic business were up 1.1 percent. Analysts expected a 3.6 percent gain. Total sales were down 0.5 percent.
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Kohl's had a 6.6 percent increase in same-store sales, better than the 3.7 percent gain that Wall Street expected.
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Federated reported a 9 percent same-store sales gain. Analysts had expected 7.7 percent, and total sales were up 8.8 percent.
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Limited Brands posted a 5 percent increase in same-store sales, compared to analysts' 3.6 percent forecast. Total sales rose 6.3 percent.
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Gap, helped particularly by robust sales at Banana Republic, had a 12 percent increase in same-store sales for the month, well past the 4.7 percent Wall Street expected. Total sales rose 13 percent.
The release of retailers' results coincided with a U.S. Labor Department report that the number of people filing new
applications for unemployment benefits dropped last week. That is an indication companies may be feeling confident about the durability of the economic recovery and less inclined to reduce their payrolls.
---------------------------
He had to go to an International Website to find this "Pre-spinned" Drivel.
It's hysterical and laugh though, thanks HS. "Like hot pinks and citrus as well as miniskirts that have also helped spur sales." Women are always going to "freshen" up their wardrobes and handbags, what in the hell does that have to do with the overall Economy? Please
Funny how HS searches to find this article obviously paid for those that will do anything to hide the truth of how things really are when all of the real domestic articles, polls and figures clearly showed Consumer "Confidence" to be down as people are certainly worried about their jobs.
I will give some credit to Mizrahi, he has breathed some fresh life into Women's clothes landing a cool deal at Target. Good for them for finding a way to compete with Walmart on this scale. The down side is most likely the clothes are all still coming from 20 cent an hour, legally enslaved and endorsed by even our own Government, labor overseas.
With the exception of Walmart and Target to a degree all those other stores have been re-trenching like crazy due to poor Sales.
Federated Dept stores is the Parent Company of what was Macy's & Rich's Dept stores. They closed down a ton of stores, mainly the former Macy's buildings as well as for all intents and purposes have eliminated the Macy's Brand which is from the turn of last Century.
JC Penny has been bleeding for some time and been looking to offload it's Eckerd Drug Store Chain but there has been no buyer.
Sears has been surviving on charging people 24% on their credit cards, amounting to nothing more than legal loan sharking especially when Interest Rates are at Historic lows, what are they going to raise the rate to when rates go back up? 50% 75% or even higher?
The other article is old News and was posted here already:
"U.S. factories boomed at close to a 20-year high in February, according to a survey released on Monday that also suggested a turnaround in hiring may be on the horizon after a three-year struggle. "
It has been "suggested" for the last 3 years.
I will say however I am seeing some signs of life. It is nothing like HS, CAD & Co purport but it is a step in the right direction and here is what is most likely why. Many of the Companies that were rushing to send jobs overseas have seemed to slow down in slashing jobs here. There have been some reports (as posted here) of Contracts being cancelled for Outsourcing in India.
If this turns out to be the case and the bleeding stops it would be a huge testiment to the continued power of the Internet as the resentment that flowed from all online here except for the CAD & Co, and The President and Rush etc.
If CAD & Co, The President, Rush etc had their way our Official Language and Currency would become whatever it is they exchange and speak in India, China and Mexico. Americans will not stand to being sold out and shouldn't be.
Global to a point. Not a complete giveaway of the whole basket.
Same goes for The President and his Cronies selling out to his Arab friends.
Where's Binny Now???
So "ooops", nice try HS, CAD has taught you well.
With the big tax refunds being sent to consumers I would expect Feb through June to be good months for retail.
Manufacturing jobs are still very low and I see Gateway has just cut another 1,000 jobs.
But, Dave will soon have one of those six figure jobs that are replacing all the low wage 3 and 4 figure jobs that are going oversees. Just wait, Dave, you'll be driving a Rolls any day now.
And for this you can thank Bush, Greenspan, ManCOW, and all the traitorous companies that have sent our jobs oversees.
-Robert
Manufacturing jobs are still very low and I see Gateway has just cut another 1,000 jobs.
But, Dave will soon have one of those six figure jobs that are replacing all the low wage 3 and 4 figure jobs that are going oversees. Just wait, Dave, you'll be driving a Rolls any day now.
And for this you can thank Bush, Greenspan, ManCOW, and all the traitorous companies that have sent our jobs oversees.
-Robert
and then... too late. Thank God things are turning around finally, the sky seems to have stopped falling. This along with the fact that Bush will be voted out of office in November..... great news! Thanks for posting it!
Melaughs at you cons that honestly think that if 2.5 millions jobs are created between now and then, if all of a sudden 500+ US service peronnel (my son included) were resurrected tomorrow, if Bush admits openly on national TV that he is a compulsive liar.... that he is somehow going to get re-elected! Ha!
Your only chance to keep your Republican stronghold would be if your party wised up and nominated someone else in the 11th hour, hell, I'd vote for McCain or several other Republicans if they were an option to me over Kerry, but as the saying goes, anyone is better than Bush so he'll just have to do for now
Originally posted by: CADkindaGUY
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~so ... ~so... ~so... the party of so's.
~so if millions are still out of work
~so if hundreds have died in Iraq for lies
~so if we have a gazillion dollar debt
~so fill in the blank
As long as CAD and Co. get their biweekly direct deposits, fvck anyone else.
The party of greed, no compassion, and ~SO.
Pft, should give you your own state, like Montana and wall all you happy well off cons in it with your families. You can rewrite your constitution to further suit your needs, Bush can be your King, and you can be free in inbreed with impunity. Kind of like your own personal Xanadu. We'll send postcards.
Nitemare
Lifer
- Feb 8, 2001
- 35,461
- 4
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Originally posted by: leeboy
Originally posted by: CADkindaGUY
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~so ... ~so... ~so... the party of so's.
~so if millions are still out of work
~so if hundreds have died in Iraq for lies
~so if we have a gazillion dollar debt
~so fill in the blank
As long as CAD and Co. get their biweekly direct deposits, fvck anyone else.
The party of greed, no compassion, and ~SO.
Pft, should give you your own state, like Montana and wall all you happy well off cons in it with your families. You can rewrite your constitution to further suit your needs, Bush can be your King, and you can be free in inbreed with impunity. Kind of like your own personal Xanadu. We'll send postcards.
Might want to check with Fuhreress Clinton to see if you will be allowed to use the mail this month
See this:
Text
A very mixed bag economy, for sure.
Bush's economic advisors appear to have overstated job growth by a huge margin. Part time jobs are growing in numbers but full time jobs with benefits are holding steady. Employers are obviously running from the high health care and retirement costs of full timers. National health care may actually need to become a plank of the Republican Party at this rate.
The long term trend in employment looks very bad when you factor the above in with the recent removal of overtime pay from about 5-7 million workers.
Time for unions to make a comeback? Maybe....
-Robert
Text
A very mixed bag economy, for sure.
Bush's economic advisors appear to have overstated job growth by a huge margin. Part time jobs are growing in numbers but full time jobs with benefits are holding steady. Employers are obviously running from the high health care and retirement costs of full timers. National health care may actually need to become a plank of the Republican Party at this rate.
The long term trend in employment looks very bad when you factor the above in with the recent removal of overtime pay from about 5-7 million workers.
Time for unions to make a comeback? Maybe....
-Robert
CADsortaGUY
Lifer
Originally posted by: leeboy
Originally posted by: CADkindaGUY
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~so ... ~so... ~so... the party of so's.
~so if millions are still out of work
~so if hundreds have died in Iraq for lies
~so if we have a gazillion dollar debt
~so fill in the blank
As long as CAD and Co. get their biweekly direct deposits, fvck anyone else.
The party of greed, no compassion, and ~SO.
Pft, should give you your own state, like Montana and wall all you happy well off cons in it with your families. You can rewrite your constitution to further suit your needs, Bush can be your King, and you can be free in inbreed with impunity. Kind of like your own personal Xanadu. We'll send postcards.
Do you understand the value of Freedom and security?
Do you understand that our debt really isn't out of line with GDP?
So yeah, while things could be better - things really aren't as bad as the red-faced spittle spewing leftists are making it out to be.
Some day you'll learn these things leetleboy...if reality becomes a part of your thinking.
CkG
CADsortaGUY
Lifer
Don't think so. They've corrupted themselves out of position. People want flexibility and they are recieving that. What I find interesting is that people here and in the media are calling contractors - "part-time"
Hell - we had a contract guy working for us all summer building panels and he was working 50-60 hrs/wk. Part-time my ass.
These sorts of people aren't counted in the statistics even though they are working as many or more hours than "full-rime" people.
CkG
Originally posted by: CADkindaGUY
Originally posted by: leeboy
Originally posted by: CADkindaGUY
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~so ... ~so... ~so... the party of so's.
~so if millions are still out of work
~so if hundreds have died in Iraq for lies
~so if we have a gazillion dollar debt
~so fill in the blank
As long as CAD and Co. get their biweekly direct deposits, fvck anyone else.
The party of greed, no compassion, and ~SO.
Pft, should give you your own state, like Montana and wall all you happy well off cons in it with your families. You can rewrite your constitution to further suit your needs, Bush can be your King, and you can be free in inbreed with impunity. Kind of like your own personal Xanadu. We'll send postcards.
- Maybe you should join the rest of us here in a place called REALITY. Millions have been out of work before - do you understand that there is ALWAYS unemployment?
Do you understand the value of Freedom and security?
Do you understand that our debt really isn't out of line with GDP?
So yeah, while things could be better - things really aren't as bad as the red-faced spittle spewing leftists are making it out to be.
Some day you'll learn these things leetleboy...if reality becomes a part of your thinking.
CkG
Typical CAD inane drivel. Your argument is lost on me and the well over 50% of Americans needed to oust your Chumpion. Na na na na, hey hey hey, bite down harder CAD. Pft.
Bite your tongue man! I think I can speak for many dems that we don't want her any where near the white house again. Editing the catch phrase now to anyone but bush OR hillary.
Well for those who don't get out of the house very often...that "international website" is the International Herald Tribune...which is owned and operated by that famously conservative newspaper The New York Times....it is the "international version" of the NYT...
pre-spun drivel? this newspaper is a liberal mouthpiece....
you really need to get out more often...
CADsortaGUY
Lifer
Originally posted by: leeboy
Originally posted by: CADkindaGUY
Originally posted by: leeboy
Originally posted by: CADkindaGUY
Solid economic gains
~but ... ~but... ~but...
I opened my wallet recently. Too bad my wife drives it - I only get to see the payments being drawn from my acct.
CkG
~so ... ~so... ~so... the party of so's.
~so if millions are still out of work
~so if hundreds have died in Iraq for lies
~so if we have a gazillion dollar debt
~so fill in the blank
As long as CAD and Co. get their biweekly direct deposits, fvck anyone else.
The party of greed, no compassion, and ~SO.
Pft, should give you your own state, like Montana and wall all you happy well off cons in it with your families. You can rewrite your constitution to further suit your needs, Bush can be your King, and you can be free in inbreed with impunity. Kind of like your own personal Xanadu. We'll send postcards.
- Maybe you should join the rest of us here in a place called REALITY. Millions have been out of work before - do you understand that there is ALWAYS unemployment?
Do you understand the value of Freedom and security?
Do you understand that our debt really isn't out of line with GDP?
So yeah, while things could be better - things really aren't as bad as the red-faced spittle spewing leftists are making it out to be.
Some day you'll learn these things leetleboy...if reality becomes a part of your thinking.
CkG
Typical CAD inane drivel. Your argument is lost on me and the well over 50% of Americans needed to oust your Chumpion. Na na na na, hey hey hey, bite down harder CAD. Pft.
Aww....did I touch a nerve by responding to your little rant? Poor guy...
And actually I believe that most people aren't taking the fatalist position that the ~! and ~buts here do but think what you wish if it helps you sleep at night.
BTW - I get paid weekly
CkG
Who would trust the NYT as far as you can throw it to your dog? Oh, that's right, you, supposedly a Ultra Conservative Republican, then what in the world are you doing looking at NYT garbage???
Originally posted by: CADkindaGUY
Aww....did I touch a nerve by responding to your little rant? Poor guy...
And actually I believe that most people aren't taking the fatalist position that the ~! and ~buts here do but think what you wish if it helps you sleep at night.
BTW - I get paid weekly
CkG
Okay Cad, what/who are these ~! and ~buts you keep mentioning? Is it something akin to the "But, Clinton . . ." types?
It's the old discredit when they don't agree with you/link it up when they do agree with you, conservative response. That happened with Slate.com recently. Notoriously dismissed around here as the bastion of libdom, but recently used in the "Kerry is a waffle (w/ extra syrup)" thread.Originally posted by: dmcowen674
Who would trust the NYT as far as you can throw it to your dog? Oh, that's right, you, supposedly a Ultra Conservative Republican, then what in the world are you doing looking at NYT garbage???
I'm gonna start keeping track of these little inconsistancies . . .
CADsortaGUY
Lifer
Originally posted by: DealMonkey
Originally posted by: CADkindaGUY
Aww....did I touch a nerve by responding to your little rant? Poor guy...
And actually I believe that most people aren't taking the fatalist position that the ~! and ~buts here do but think what you wish if it helps you sleep at night.
BTW - I get paid weekly
CkG
Okay Cad, what/who are these ~! and ~buts you keep mentioning? Is it something akin to the "But, Clinton . . ." types?
I thought this was established a while back.
Here it goes.
~! is an angry libbie
~but is one who see but also tries to excuse the good because of some little percieved "bad".
CkG
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