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IC Insights has reiterated its semiconductor industry capital spending forecast for 2020 despite the coronavirus pandemic. Although essentially all of the risk to the current -3% semiconductor industry capital spending forecast for t.....»»

Japan reported Friday that its factory output fell 4.2% in October, much worse than forecast and the biggest month-on-month drop since January 2018.....»»

U.S. consumer confidence posted the biggest drop since the start of the year as Americans’ expectations for the economy and the job market deteriorated, posing a risk to the household spending that is underpinning growth......»»

A drop in tourist spending continued to hurt Tiffany's sales. But as Fred Katayama reports, its shares rallied as the upscale jeweler maintained its sales forecast for the full year and its profit beat expectations......»»

The global semiconductor industry's capital spending is forecast to drop in both 2019 and 2020, according to IC Insights......»»

Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and North America, underscoring the hard task ahead as it gears up to face a rapidly shifting industry......»»

Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand......»»

The trade war blues were banished for once after German industrial orders surged as an autos bottleneck clears and Japan household spending posted its biggest rise in 3 years. David Pollard reports......»»

Total fab equipment spending in 2019 is projected to drop 8%, a sharp reversal from the previously forecast increase of 7% as fab investment growth has been revised downward for 2018 to 10% from the 14% predicted in August, according to SEMI......»»

Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic......»»

Stimmies Spark Record Surge In Personal Incomes In March, Spending Spikes After February's MoM collapse in income (no stimmies) and drop in spending, analysts expected March's income and spending data to rebound massively as more government h.....»»

U.S. orders for long-lasting manufactured goods fell in February for the first time since last spring in a month pockmarked by severe weather, but the lapse in growth is likely to prove temporary as the economy regains momentum after a winter lull......»»

27% Of All Household Income In The US Now Comes From The Government Following today's release of the latest Personal Income and Spending data, Wall Street was predictably focused on th.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1% from 2020, according to Gartner......»»

A healing job market, high household savings, and trillions of dollars in appreciating assets stand to accelerate the consumer rebound, JPMorgan said. Stan Honda/AFP.....»»

Chip stocks resisted Monday's rout in the broader market following a report that a major chip manufacturer will be boosting its capital spending in 2021 to address a new generation of products......»»

Pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Milwaukee Mitchell International Airport reports another month of severe passenger traffic lows as the Covid-19 pandemic continues to dramatically impact air travel. Milwaukee's airport saw a more than 96% year-over-year decline from April 2020 to .....»»