"N.E. businesses expect downturn to last into spring" by Robert Gavin, Globe Staff | January 15, 2009
.... The only bright spot came in professional and business services. Consulting firms reported revenue increases ranging from 2 to 35 percent over the past year, and they expect to keep growing in 2009.
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That's right, Amerika: LOBBYING is WHERE it is at!!!!
Because the REST of the economy is shit!!!
"Retail sales fall 2.7% in December" by Bloomberg News | January 15, 2009
And that was during CHRISTMAS, folks!!!
You know, where the society GUILTS you into purchasing things other people don't need with money you don't have so corporate profits won't suffer.
WASHINGTON - Sales at US retailers fell more than twice as much as forecast in December as job losses and the lack of credit led Americans to cut back on everything from car purchases to eating out.
AS PLANNED, Amerikans!
The 2.7 percent slump marked the sixth straight month of declines, the longest string since comparable records began in 1992, the Commerce Department said yesterday in Washington. Labor Department data showed the global collapse in commodities caused prices of goods imported by the United States to fall for a fifth month.
Yesterday's sales figures indicate the hit to spending in the recession is even deeper than estimated.
Translation: the government and economic institutions have been lying to you -- again!!!!
The loss of 2.6 million jobs and declining home and stock values are squeezing households, hurting retailers from Wal-Mart Stores Inc. to Tiffany & Co., which yesterday said its holiday sales fell 21 percent and cut its earnings forecast.
Awww, poor Wal-Mart and Tiffanys!! I better go out and buy some worthless Chinese crap right away!
Commerce also reported that inventories at all businesses in November dropped 0.7 percent, more than economists estimated and the third straight decrease. A 1.7 percent decline in stockpiles at retailers, as furniture stores and auto dealers cut back, paced the overall slump....
Are they ever right about anything, or is it just the same shit shovel I get from the MSM every day?
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