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J.D Power and LMC Estimate July Auto Sales Down Five Percent, Time in Inventory Highest Since 2009

MishTalk

July auto sales based on mid-month totals look grim despite record incentives. Industry analysts J.D July auto sales down 5 percent. Declining sales will pad the already large inventory numbers piling up on dealers lots. Power and LMC estimate U.S. more…).

Sales 57
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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. Quarterly profits and revenue at big American companies are poised to decline for the first time since the recession, as some industrial firms warn of a pullback in spending. The industrial environment’s in a recession.

Sales 28
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Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. in June, bringing total sales for the first six months of the year to just 6.44 Among smaller markets, sales plunged 42.7%

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What Are The Best Management Consulting Books?

Steve Shu Consulting

nurturing marketing and selling skills for consulting (for example, I highly recommend books like Winning the Professional Services Sale by Michael McLaughlin ). As an aside, back in 2009 Kevin Gao (ex-McKinseyite) interviewed me for ManagementConsulted’s Life as a Consultant series.

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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 Moreover November and December were revised sharply lower. percent in January after having risen 0.3 percent in December. In January, manufacturing output fell 0.8 Consumer non-energy nondurables down 0.8% Clothing up 0.5%

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The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

Harvard Business

The top 25 food and beverage companies have lost $18 billion in market share since 2009. If that’s the kind of shift coming to the food industry, change leaders and corporate strategists will have their hands full. Frozen food and canning were gigantic industry breakthroughs.) last year.

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China Industrial Growth Slows, Power Generation Negative 1st Time in 4 Years; Stimulate Now, Crash Later

MishTalk

Cries for more stimulus ring loudly in China because Chinese industrial output slowed to 6.9%. Industrial output rose 6.9 percent in August from a year earlier, and pointing to slackening demand from major industrial users. percent in early 2009. China''s Economic Numbers Industrial Output: +6.9% Retail Sales: +11.9%