Remove Economics Remove Forecasting Remove Manufacturing
article thumbnail

Retail sales exceed forecasts, underscoring solid 2024 economic growth

CFO Dive

Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.

article thumbnail

Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

PYMNTS

As for the market in 2021, depending on which specific region is looking in, millennial participation is widely forecast to be elevated, but in an environment that has hopefully normalized some after the significant disruption created by the COVID-19 pandemic. The secret to that stability: consistent, reliable consumer consumption.

Economics 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

article thumbnail

Countries That Rely On Exports, Manufacturing Faring Better In Pandemic

PYMNTS

Companies that manufacture products are weathering the pandemic more easily than companies that sell services or experiences, The Wall Street Journal reported. WSJ cited International Monetary Fund gross domestic product (GDP) forecasts that show how much different countries' economies rely on the vulnerable service and accommodation sectors.

article thumbnail

4th Quarter 2023 Economic And Market Outlook: Labor Market, Inflation, And Geopolitics

Nerd's Eye View

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. While the manufacturing sector (which makes up 'only' 8% of the U.S.

article thumbnail

Foot Locker, JD.com, Gap and others

CFO News Room

The apparel and footwear retailer also raised its full-year forecast and reported an unexpected rise in comparable store sales. in the premarket after the housewares retailer said it would not reiterate or update its outlook through fiscal 2024 due to economic uncertainty. Williams-Sonoma (WSM) – Williams-Sonoma slumped 8.1%

article thumbnail

Intel, Visa, Hasbro and more

CFO News Room

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Intel also gave weak guidance, forecasting a net loss in the first quarter. KLA Corporation — Shares of KLA Corporation, a semiconductor manufacturer, shed 4.9%