Crisi: Dentro gli USA

[-Duca-]

Almeno ammetti l'esistenza di sindacati e di un assegno di reversibilità (pagato evidentemente dallo Stato).

guarda che la libertà di associazione (compresa quella sindacale), l'hanno "inventata" i liberali.. mica altri..
per quanto riguarda la pensione di reversibilità mi riferivo ad un sistema pensionistico di mercato,in cui lo stato non si immischi, ovvero basato su una rendita ricavata dai contributi versati e dal loro rendimento.

[Amati75]

Retail Sales in U.S Exceeded Forecasts in November (Update1)

By Bob Willis


Dec. 11 (Bloomberg) -- Sales at U.S. retailers rose more than forecast in November, a sign consumer spending is gathering speed heading into 2010.

The 1.3 percent increase followed a 1.1 percent gain the prior month that was smaller than previously estimated, Commerce Department figures showed today in Washington. Purchases excluding autos climbed 1.2 percent, also more than anticipated and the biggest gain since January.

Households have kept buying automobiles even after government incentives expired, showing the biggest part of the economy was weathering the worst employment slump in the postwar era. The Obama administration is proposing new initiatives in a bid to create jobs, while Best Buy Inc. is among retailers using discounts to lure budget-conscious holiday shoppers.

“Consumer spending continues to surprise on the upside as the economy moves further away from the end of the recession,” Chris Rupkey, chief financial economist at Bank of Tokyo- Mitsubishi UFJ Ltd. In New York, said before the report. “The labor market is showing signs of stabilization and this is giving consumers greater confidence to spend a little more.”

Stock-index futures added to earlier gains after the report. The contract on the Standard & Poor’s 500 Index was up 0.6 percent to 1,103.9 at 82 a.m. in New York. Treasury securities fell, pushing the yield on the benchmark 10-year note up to 3.53 percent from 3.50 percent late yesterday.

Exceeds Forecast

Retail sales were projected to rise 0.6 percent after an originally reported 1.4 percent gain in October, according to the median estimate of 79 economists in a Bloomberg News survey. Forecasts ranged from a decline of 0.8 percent to a gain of 1.3 percent.

Excluding automobiles, purchases were forecast to increase 0.4 percent, according to the survey median.

Auto sales are climbing back after plunging in September, the month after the government’s “cash-for-clunkers” plan expired. Purchases at car dealers increased 1.6 after jumping 7.1 percent in October.

General Motors Co., Toyota Motor Corp., Ford Motor Co. and Chrysler Group LLC all posted November sales that beat analysts’ estimates. The seasonally adjusted sales rate was 10.9 million vehicles, up from 10.45 million in October, according to industry figures released last week.

Filling station sales increased 6 percent, the most since June, today’s report showed.

Gasoline Stations

The data aren’t adjusted for inflation so an increase in prices probably helped push up receipts. The average cost of a gallon of the fuel at the pump was $2.65 last month, up 9 cents from October, according to figures from AAA, the nation’s biggest motoring organization.

Excluding gasoline and autos, retail sales rose 0.6 percent last month after a 0.1 percent October gain, signaling the increase in spending was broad-based.

Electronics, building materials and grocery stores were among the gainers.

Excluding autos, gasoline and building materials -- the retail group the government uses to calculate gross domestic product figures for consumer spending -- sales climbed 0.5 percent after a 0.3 percent increase. The government uses data from other sources to calculate the contribution from the three categories excluded.

Signs the deterioration in the labor market is abating may help restore confidence and boost spending. A Labor Department report last week showed the economy lost 11,000 jobs in November, the smallest decline since the start of the recession in December 2007.

Responding to Discounts

Americans are responding to price cuts. Sales on Black Friday and the weekend after the Thanksgiving holiday advanced 0.5 percent as discounts on electronics and toys drew crowds, according to the National Retail Federation.

Best Buy, the biggest electronics chain, used $547.99 42- inch Samsung flat-panel TVs to lure shoppers. The retailer had bigger early-morning crowds than last year, said Brian Dunn, chief executive officer and president of the Eden Prairie, Minnesota-based company. He said shoppers would continue to see discounted pricing into the year-end holidays.

“You’re going to see great values throughout the holiday selling season,” he said in an interview with Bloomberg Television on Nov. 27.

TJX Corporation Inc. reported sales up 15 percent in the four weeks ended Nov. 28 from a year earlier. The operator of T.J. Maxx and other low-priced apparel retailers forecasts strong sales through the end of the year.

“We are confident in our momentum,” said Carol Meyrowitz, chief executive officer of TJX, said in a statement on Dec. 3.

Consumer spending will probably climb at a 1.7 percent annual rate this quarter, more than anticipated in November, according to the median estimate of economists surveyed this month. The world’s largest economy will expand at a 3 percent pace after growing 2.8 percent in the third quarter, the survey showed.

To contact the reporter on this story: Bob Willis in Washington at bwillis@bloomberg.net

Last Updated: December 11, 2009 085 EST

Retail Sales in U.S Exceeded Forecasts in November (Update1) - Bloomberg.com

[Amati75]

Ford:novembre,vendite Europa +19,8%
La quota di mercato e' aumentata da 0,4% a 9,1%
14 dicembre, 13:40


(ANSA)- ROMA, 14 DIC- Riprende a crescere la vendita di Ford in Europa. A novembre la casa Usa ha segnato un rialzo del 19,8% rispetto al 2008. Mentre la quota di mercato e' aumentata dallo 0,4% al 9,1%, il miglior risultato da dieci anni a questa parte. Lo ha reso noto la stessa Ford.

Ford:novembre,vendite Europa +19,8% - Economia - ANSA.it

[Phileas]

Household Net Worth in U.S. Increases by $2.67 Trillion

By Bob Willis


Dec. 10 (Bloomberg) -- Household wealth in the U.S. increased by $2.67 trillion in the third quarter as stock prices and home values climbed, putting consumers farther along the path of recovery from the biggest destruction of assets on record.

Net worth for households and non-profit groups rose to $53.4 trillion from $50.8 trillion in the second quarter, according to the Federal Reserve’s Flow of Funds report today in Washington. The gain was the second in a row following declines that began as the economy plunged into the worst recession since the 1930s.

American consumers also reduced debt at a record pace last quarter, the figures showed, paving the way for sustained spending gains next year. The Standard & Poor’s 500 Index was up 32 percent in the six months to September, the biggest two-quarter gain since 1975, while home values increased by $244.7 billion, according to the report.

“We’re digging out of the hole,” Brian Bethune, a senior economist at IHS Global Insight Inc. in New York, said before the report. “With stocks up and home prices ticking up, it’s improving the asset position” of households. Even so, “It’s going to be an uphill battle.”

Consumer spending in the fourth quarter will probably rise at a 1.7 percent rate, according to economists surveyed by Bloomberg News this month, following a 2.9 percent gain in the third quarter. It would be first consecutive quarterly gains in purchases since the end of 2007, and follow the biggest slump in outlays since 1980.

Stimulus Programs

Federal stimulus measures such as incentives to buy cars, tax credits to buy homes and extended jobless benefits helped stem the slide in spending and revive growth.

The Standard and Poor’s 500 Index has continued to climb since September 30, increasing 3.7 percent through yesterday.

Consumer debt dropped at a 2.6 percent annual pace, a fifth consecutive decline and the biggest since quarterly records began in 1952.

Mortgage borrowing dropped at a 3.6 percent pace from July through September, while other forms of consumer credit fell at a 3.2 percent rate, the Fed’s report showed.

Government Borrowing

Total borrowing by consumers, businesses and government agencies increased at an annual rate of 2.8 percent last quarter, led by a 21 percent surge in federal government debt. Borrowing by businesses decreased at a 2.6 percent rate.

Borrowing by the federal government reflected spending linked to President Barack Obama’s stimulus plan. State and local government borrowing climbed at a 5.1 percent pace.

The economy grew at a 2.8 percent rate in the third quarter, after falling 3.8 percent in the prior 12 months.

Economists surveyed by Bloomberg this month forecast the economy will grow at a 3 percent pace in the fourth quarter, and 2.6 percent for all of 2010.

Over the course of the recession that began in December 2007, Americans had been constrained by plunging home and stock prices, tight credit and rising unemployment. While stocks have surged and home prices have stabilized this year, borrowing standards have tightened and unemployment remains high.

Joblessness rose to a 26-year high of 10.2 percent in October and is forecast to average 10 percent through next year, according to the median estimate of economists surveyed this month.

Equity Stakes

Today’s report showed household net worth in corporate equities and mutual funds increased by $1.38 trillion in the third quarter.

Home equity is recovering after reaching a record low in the first quarter. Owners’ equity as a share of their total real-estate holdings increased to 37.6 percent last quarter from 35.8 percent in the second quarter, today’s Fed report showed. The Fed revised the first-quarter’s record low down to 33.5 percent from the 41.9 percent previously reported.

To contact the report on this story: Bob Willis in Washington bwillis@bloomberg.net

Last Updated: December 10, 2009 12:00 EST

Household Net Worth in U.S. Increases by $2.67 Trillion - Bloomberg.com

E' stucchevole che qualcuno ci veda qualcosa di positivo.
E' proprio vero: l'unica cosa che insegna la storia è che dalla storia non si impara nulla

[Amati75]

E' stucchevole che qualcuno ci veda qualcosa di positivo.
E' proprio vero: l'unica cosa che insegna la storia è che dalla storia non si impara nulla

Di sicuro negativo non e'.

[nordista]

E' stucchevole che qualcuno ci veda qualcosa di positivo.
E' proprio vero: l'unica cosa che insegna la storia è che dalla storia non si impara nulla

Quello che dici in parte e' vero: ci sono pure persone che credono ancora che il comunismo porti benessere.

N.

[nafplio]

Se avessi voglia di addentrarti nelle scale di valori e nei desideri della gente che incontri per strada, vedrai che ne dedurrai una cosa: sono tutti malati di mente.

Per questo e' meglio che ognuno scelga, e provveda per se. Il che non ti impedisce di donare cio' che e' tuo a chi te lo chiede... o a chi ti fa compassione. Spero tu abbia capito.

certo che siamo tutti matti in un certo modo, ma matti o no, abbbiamo tutti bisogno di alcune cose indispensabii e cioè delle cose che ho più volte elencato;lei continua ad arrampicarsi sugli specchi; questo inverno, già da stanotte, provi a lasciare il suo caldo appartamento e a dormire in una bella caseta di cartone oppure in macchina e lo faccia per tutto l'inverno, così vedrà meglio se avere bisogno di certi beni , è un valore soggettivo e personale ; vedo che continua a non capire;

[nafplio]

Il diritto di avere beni "primari" equivale al dovere di produrli e di pagarli... e un dovere implica una limitazione alla liberta'.

Occhio a fotografare le situazioni di alcuni paesi senza scorgere la dinamica economica: tutti i paesi europei cosidetti "ricchi" sono tali grazie al capitalismo "selvaggio" che ha contraddistinto le loro economie nel secolo XIX... e in minior misura nel secondo dopoguerra (la svezia fino a tutti gli anni 60 era il paese piu' liberista d'europa).
Poi, da quando gli stati socilademcratici hanno iniziato a garantire tutto a tutti, le loro economie hanno progressivamente smesso di crescere... e ora stanno approcciando il collasso finale.

le economie avranno anche smesso di crescere, in compenso, è cresciuta la diffusione del benessere e a dispetto di quanto lei vorrebbe, in quei paesi, continuano a volere un sistema con forte welfare e del rallentamento della crescita, non gliene frega proprio un tubo a nessuno;evidentemente, avendo già sperimentato anchela sua alternativa, sanno che è molto meglio il sistema con forte welfare;mi dispiace prprio per lei, ma dovrà sopportare ancora tantissime delusioni, in tutti i paesi citati, la pensano in modo radicalmente diverso da lei e cercheranno sempre soluzioni per garantire i più deboli e limitare gli squilibri di ricchezza; non ha scampo, è proprio una questione di mentalità diversa; e neanche il fallimento che lei pensa sia vicino, potrà cambiare tale mentalità; sono popoli che non si accontentano di slogan , degli slogan di alcuni economisti , vogliono vedere roba e risultati concreti e nel brevissimo termine, delle palle non sanno che farsene; al contrario invece, certi solgan funzionanano bene in italia, , negli stati uniti e in america in generale ,anche se ormai , anche nel sud america non funzionano più

[nafplio]

Dato per scontato che il parlamento mi da molta meno felicita' di quella che mi procura, gradirei che non mi rompesse piu' i cocones.

Perlatro ribadisco quanto gia' rilevato da Immanuel: davvero credi che dei coglionazzi che si fanno chiamare onorevoli possano renderti "felice" ? mah.

mis cusi, ma siete voi stessi che dite in continuazione che la vostra vita e quindi anche a vostra felicità , è continuamente minacciata dai politici ,che i politci hanno troppo potere sulla vostra vita; e io sono d'accordisismo con voi su questo;adesso ha cambiato idea?boh

[Amati75]

Holiday Sales Gain Signals Season Topped Forecasts (Update2)

By Cotten Timberlake and Linda Sandler


Dec. 28 (Bloomberg) -- U.S. retail sales rose an estimated 3.6 percent this holiday season as online gift-buying, last- minute spending and an extra shopping day spurred a recovery from last year, the worst in four decades.

A jump in purchases the week before Christmas helped year- over-year electronics sales increase 5.9 percent from Nov. 1 to Dec. 24, MasterCard Advisors’ SpendingPulse said in a statement. Jewelry and luxury sales also gained, the research firm said.

The increase may signal that revenue at retailers will beat trade groups’ forecasts for the two-month period ending Jan. 2. Shoppers resumed purchasing this season as consumer confidence rebounded from a record low in February.

“We saw a nice little surge toward the end of the season,” with the pace picking up Dec. 22, 23 and 24, said Michael McNamara, a vice president for research and analysis at SpendingPulse, in a Bloomberg Television interview today. “Last year, we were in critical condition, this year, in stable.”

Retailers also recorded an extra day of sales because there were 28 days between Thanksgiving and Christmas this year compared with 27 last year. Excluding the extra day would temper the increase “anywhere from 2 percent to 4 percent,” SpendingPulse said.

Wal-Mart Stores Inc., the world’s largest retailer, gained 13 cents to $53.73 at 11:46 a.m. in New York Stock Exchange composite trading. Macy’s Inc., the second-largest U.S. department store company, jumped 42 cents, or 2.4 percent, to $17.99. The 30-member Standard & Poor’s 500 retail index rose 0.5 percent to 419.71.

‘Improving Faster’

“Consumer sentiment for higher-income folks has been improving faster as of late,” David Schick, an analyst with Stifel Nicolaus & Co., said in a telephone interview today. “That is driving some of the better spending coupled with the fact that we are comparing with a dramatic drop-off in the more discretionary categories last year.”

The SpendingPulse estimate for Nov. 1 to Dec. 24 excludes automotive and gasoline sales, the Purchase, New York-based researcher said in an e-mail yesterday. SpendingPulse measures retail sales across all payment forms, including cash and checks. The firm didn’t disclose dollar spending totals.

Holiday Forecasts

SpendingPulse doesn’t forecast holiday sales. The Washington-based National Retail Federation has predicted a 1 percent decline, to $437.6 billion. The International Council of Shopping Centers, another trade group, anticipates a 2 percent increase in sales at stores open at least a year.

The NRF’s measure is based on U.S. Commerce Department retail sales data, excluding auto dealers, gas stations and restaurants. The NRF releases holiday results after the Commerce Department announces its December data on Jan. 14.

The ICSC will report the retail chains’ latest weekly results tomorrow. Retailers will report December sales -- the period ending Jan. 2 -- on Jan. 7.

Last year holiday sales fell 3.4 percent, according to the NRF. The 2008 season was the worst since New York-based ICSC started recording sales four decades ago.

This season, online sales jumped 18 percent from Nov. 27 to Dec. 24, according to SpendingPulse.

“People were more comfortable doing last-minute shopping online, especially with the bad weather,” Kamalesh Rao, director of economic research for SpendingPulse, said in a telephone interview yesterday. A snowstorm on the East Coast the weekend before Christmas closed some malls early on Dec. 19 and kept shoppers at home.

Jewelry sales rose 5.6 percent for November and December, while luxury retail excluding jewelry gained 0.8 percent, SpendingPulse said.

“Holiday 2009 can be described in one word, ‘Adequate,’” Marshal Cohen, the chief retail industry analyst at Port Washington, New York-based NPD Group Inc., said today.

To contact the reporters on this story: Linda Sandler in New York at lsandler@bloomberg.net; Cotten Timberlake in Washington at ctimberlake@bloomberg.net

Last Updated: December 28, 2009 11:47 EST

Holiday Sales Gain Signals Season Topped Forecasts (Update2) - Bloomberg.com