Daily Archives: May 6, 2015

US factory orders rise for first time in 8 months

US factory orders rise for first time in 8 months
Economists believe growth will rebound in the April-June quarter, helped by stronger job growth that is expected to spur consumer spending. Auto sales rose in April, led by strong demand for small and midsize SUVs. Economists at Macroeconomic Advisors …
Read more on New Orleans CityBusiness (blog)

U.S. Consumers Snap Up Trucks in April as Gasoline Worries Fade

U.S. Consumers Snap Up Trucks in April as Gasoline Worries Fade
… Co. is laying off 700 workers at a Michigan factory that makes compacts and hybrids. American consumers have become convinced lower fuel prices are here to stay and they are reverting to the vehicle equivalent of comfort food: roomy SUVs and pickups.
Read more on Bloomberg