They are the initial 31 of Macy’s planned 125 shop closures
Economy & Politics
It’s great the stock exchange is records that are setting however it’s maybe perhaps perhaps not due to the fact economy is excellent
Published: Nov 18, 2019 10:12 a.m. ET
Consumer spending, business production slow ahead of holiday breaks
Stocks on Wall Street have soared to clean record highs, however it’s maybe not as the economy is flashing a huge thumbs-up indication. It is maybe maybe not.
The economy remains expanding, to be certain, and worries that are sporadic recession have actually faded once again. Yet U.S. Growth that is economic slowed sharply from earlier in the day within the 12 months and there’s little explanation you may anticipate a holiday-season bonanza when it comes to economy.
More proof of a slowdown emerged in a set of present reports on commercial production and retail product sales — windows into exactly just just how organizations and individuals are faring. (más…)