Word: sectoral
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...doing too badly in the recession, but sales are down, right? You cannot expect to escape the effects of the market. The luxury market is down by over 30%. I think if you compare our performance in that context, Audi is unquestionably the best performer in the luxury sector in the U.S. We're also selling more expensive cars and customers are buying better-equipped cars. This means on a revenue basis, we are virtually equal to last year, and I'm kind of grateful for that...
...approval for park construction comes amid China's ongoing efforts to develop its tourism sector, which is expected to increase 3% this year. As disposable income in the country grows, amusement parks have proliferated throughout the country - by some estimates there are as many as 2,000 - but the quality of the attractions is uneven. Earlier this year, a sex-themed park in the central Chinese city of Chongqing called Love Land was torn down before it could open to the public. Shanghai, however, could be on the verge of a tourism boom. The city will host the World Expo...
Proponents say the tax credit has helped breathe life into the comatose housing sector and that its extension is critical. "Failure to act now could derail the fragile housing recovery even before it has time to take root, " said Jerry Howard, president and chief executive of the National Association of Home Builders, in a recent statement. (See six year-end tax tips...
...positive uplifting vision for the future of Virginia," McDonnell told the crowd. "And what we need you to do is go find those people who believe in these limited conservative principles that we've laid out in the last six months, that believe free enterprise and the private sector is the key to economic prosperity...
...stimulus." The next day, the White House went on offense, hailing a preliminary report on stimulus job creation (30,000 jobs directly created or saved by the first $16 billion in spending). House minority leader John Boehner retorted that such exulting was "beyond the pale" because "3 million private-sector jobs have been lost since it became...