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Summary Box: Layoffs slow, consumers spend more (AP)

We have all read hot news written by popular journalist. This showdown Summary Box: Layoffs slow, consumers spend more
(AP)
was a long time a coming. But it doesn’t stop here. The writer shows two wonderful talents. Read the the rest sections to see what I mean.

POSITIVE REPORTS: Companies are laying off fewer workers and businesses and consumers are spending more, according to reports released Thursday that confirm the economy is improving.

CONSUMER, BUSINESS SPENDING UP: Businesses ordered more computers and industrial equipment last month, evidence they are ramping up investment. Consumers, meanwhile, boosted their spending in November for the fifth straight month.

NOT ENOUGH HIRING: Still, declines in the number of people applying for unemployment benefits haven’t lowered the unemployment rate. That’s because even as layoffs slow, hiring hasn’t yet risen fast enough.

The breaking news, Summary Box: Layoffs slow, consumers spend more
(AP)
citation from US Economy

Short URL: http://www.usnews9.com/?p=5246

Posted by on Dec 26 2010. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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