Word: sectoral
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...While these developments provide some support for our expectation that housing will stabilize in coming months," declared Kent Michaels of Goldman Sachs on Tuesday after running through other positive real estate data, "they fall well short of what would normally signal recovery in the sector...
...signs that housing and consumer spending in the U.S. are no longer in the free fall of a few months ago, other parts of the economy are still in sharp decline. To quote Shepherdson again: "The epicenter of the recession has shifted from the consumer to the corporate sector." And it's possible that corporate cutbacks could lead to a relapse among consumers. "The main downside risk probably lies in sharper-than-expected multiplier effects via the dramatic deterioration in the labor market," warned Goldman Sachs economist Jan Hatzius on Monday after predicting that consumer spending would rise...
Britain's motor-sport industry has a healthy track record of updating and refining technology. More than 30% of its roughly $9 billion in annual revenue is put back into research and development, Aylett says; the wider engineering sector reinvests just 3%. That emphasis on research has helped motor sport cultivate technologies for use in areas outside racing such as aerospace. Pi Research has an eye on growing its share of business in the defense and marine-craft industries. With Grand Prix teams putting the brakes on spending, diversification may be the best chance for survival. Driving Change A raft...
...consider that the United States is mistaken, protectionist and clearly violating the treaty," Mexico's Economy Secretary, Gerardo Ruiz Mateos, told a news conference on March 16. "To decide to protect their own transport sector, they have decided to affect the competitiveness of our countries and of the region, impacting many other productive sectors." (Read a story about the new world sprouting on both sides of the U.S.-Mexico frontier...
...coincidence the plan was crafted in part by Napolitano, a former border governor) are particularly gratified to see Washington sending 100 Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) agents to help intercept the deluge of assault rifles, automatic pistols and grenades moving south. Until now, the El Paso sector had only seven ATF agents. The Obama plan will also place more federal antidrug and immigration and customs agents along the 2,000-mile-long frontier. Those cops, moreover, will be equipped with new X-ray technologies to detect contraband cash as well as guns...