Word: forecast
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...YANKEES What economists are struggling to predict is how pervasive the impact of this housing slowdown will be on the rest of the U.S. economy, and abroad. Perhaps most surprising, American consumers are continuing to spend, regardless: automobile purchases are sluggish, but retail sales rose by a higher-than-forecast 0.9% in December. "I'm not prepared to bet against the American consumer. That's a highly dangerous proposition," says Jesper Koll, chief Japan economist for Merrill Lynch...
...around the globe rose in tandem with the U.S. in recent years, but so far none have come back down to earth with the same force. Perhaps most surprisingly, American consumers are continuing to spend, regardless: automobile purchases are sluggish, but monthly retail sales rose by a higher-than-forecast 0.9% from November to December. "I'm not prepared to bet against the American consumer. That's a highly dangerous proposition," says Jesper Koll, chief Japan economist for Merrill Lynch...
...provide translators and interpreters in Iraq. A new venture called Global Linguistic Solutions (GLS), headed by retired Army Major General James (Spider) Marks and primarily formed to bid on the contract, landed the job. The surprise caused L-3 shares to fall nearly 6%; the company lowered its sales forecast this year by $500 million...
...homes and the elderly. But Baca has only an average 1.8 person per square mile. There are approximately 35 cattle per square mile here and nearly all of them are in deathly trouble. At one feedlot, an estimated 2,500 cattle are dead. And more snow is in the forecast. As many as 340,000 cattle in Colorado are at grave risk. The herds in Nebraska, Kansas and Oklahoma will also be decimated - as will the region?s agricultural economy...
...With the forecast calling for lows in the 20s and No. 3 New Hampshire (UNH) in town, the No. 4 Harvard women’s hockey team will have its hands full staying warm. The Crimson, which had an eight-game winning streak snapped on Tuesday, pushes further into a tough December schedule with a game against the Wildcats (14-2-1, 6-1-0 Hockey East) tonight at Bright Hockey Center. Harvard (11-2-0, 9-1-0 ECAC) will then wrap up its series of five non-conference games versus Providence...