Word: flatness
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...Retail and Services: Nationwide, retailers experienced flat or declining sales, even as stores introduced bargains and layaway programs for people unwilling or unable to buy on credit. A large chain near New York credited the region's unseasonably cold weather for relatively decent sales of outdoor and winter apparel in November, while the only retailer to report an increase in sales in the Fourth District, which includes Ohio and Kentucky, was a national discount chain. A domestic car dealer in West Virginia told the Fed his average sales have gone from 250 cars per month to just six in November...
...Consumers just aren't showing up, we're going to see flat sales next year [relative to the last half of 2008] and we're not going to see improvement until 2010," said Jesse Torpak, an analyst with Edmunds.com, which tracks auto sales data...
...repair this economy if you can’t repair those families, and I’m not sure the people directing the bailout see that as their job,” she said in the article. Warren did not return requests for further comment yesterday. She said that flat wages, low savings, and high debt have left American households in financial limbo over the past few years. Warren, who was appointed to the four-member oversight committee by Senate Majority Leader Harry Reid, said that asking the right questions will be crucial to moving the economy...
...sales decrease ever." For the first 23 days of November, holiday online spending reached $8.2 billion, a 4% decline compared with the corresponding days last year, when online sales hit $8.5 billion, according to the online-marketing research firm comScore. The firm predicts that online-shopping growth will be flat for November and December - significantly lower than 2007's growth rate of 19% and below the retail e-commerce growth rate of 9% year to date in 2008. "I don't know that this is the only prediction to go by," says Ried, noting that other firms like Forrester Research...
...lead in shots and showed aggressive offensive play. The attack won Minnesota the first goal when Gopher Brittany Francis beat Harvard junior goaltender Christina Kessler with 14:40 to go in the period.“In the second [game], I think that we came out a little flat in the first, but definitely picked it up in the second and third periods,” Kessler said.The Crimson shined in the second period. At 13:09, tri-captain Sarah Vaillancourt grabbed the puck and made an unassisted slick shot beneath Gopher goalkeeper Jenny Lura’s skate, straight...