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Sales, Earning Estimates Contract First Time Since 2009; US Back in Recession?

MishTalk

Large US corporations posted their first decline in both earnings and sales since the great recession. From railroads to manufacturers to energy producers, businesses say they are facing a protracted slowdown in production, sales and employment that will spill into next year. US Back in Recession? Are we back in recession?

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Wholesale Sales Unexpectedly Decline (Most in Nearly Five Years), Inventories Unexpectedly Rise

MishTalk

Wholesale Inventories Rise, but Sales Drop Sharply. wholesale inventories rose more than expected in January, as companies built up stocks of autos and machinery, though sales posted their largest decline in nearly five years. Sales at wholesalers fell 1.9 Economists had forecast sales to edge up 0.2 Finance reports U.S.

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Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

MishTalk

This morning the Fed reported Industrial production declined. Industrial production decreased 0.3 percent, partly because of the severe weather that curtailed production in some regions of the country. percent, partly because of the severe weather that curtailed production in some regions of the country. Clothing up 0.5%

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Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective. Sales dropped 2.2 Automobile dealer sales rose 1.8 Purchases rose 2.4

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The Importance of Perspective

CaseInterview.com

It’s an insight that I shared with a few thousand CEOs during the 2008 to 2009 Great Recession. Many CEOs told me, “Our prospects tell us that our product is clearly far superior to our competitors’, yet the prospects don’t buy. The old way of thinking: “We are better than our competitors, so we should be winning sales.”.

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How Customers Come to Think of a Product as an Extension of Themselves

Harvard Business

That’s when consumers feel so invested in a product that it becomes an extension of themselves. Companies that encourage psychological ownership can entice customers to buy more products, at higher prices, and even to willingly promote those products among their friends. Sales turned around, rising 2.5

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Consultant Ninja: "Future Demand Borrowing": Management.

Consultant Ninja

Friday, December 4, 2009. The result is that 2009 volumes are higher, but 2010-11 volumes will be more anemic. Youll hear more about this over the month or two, as November/December closed sales are published as being way down. Source: NWMLS: Tax Credit Boosts November Closed Sales as Pending Sales Drop Through the Floor.