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With American consumers still largely sitting on the sidelines, General Electric (NYSE:GE) CEO Jeffrey Immelt said the economic recovery in the U.S. will be driven by investment made by business rather than consumer spending. Immelt cites the cash businesses ...
Business (Apr 28th, 10)
A survey from accounting firm Grant Thornton confirmed the majority of business owners and executives consider the country still in a recession, and have no plans to hire within the next six months, with 22 percent saying they're going to cut back on hiring. ...
United States (Apr 9th, 10)
Inventories for wholesalers in the United States dropped in January by 0.2 percent, seeming to indicate they are struggling to replenish inventories they kept at low levels for the last couple of years. Some assert this is from rising demand, but that really ...
Business (Mar 10th, 10)
Inventory-to-sales ratio dropped for U.S. businesses for the first time in three months, according the the Commerce Department report. After inventories rose in October and November, December found business inventories dropping by a mild 0.2 percent, largely ...
(Feb 12th, 10)