U.S. August 2013 Retail Sales Missed Forecast; Barclays Cuts U.S. Q3 GDP Growth Forecast (International Business Times)
Advertisement.
U.S. retail sales for August missed economists’ forecasts, even as demand for automobiles remained strong, indicating a major part of the economy has slowed in the third quarter. The U.S. Commerce Department announced this morning that retail sales rose 0.2 percent after an upwardly revised 0.4 percent rise in July. That gain is the smallest increase in four months. Economists polled by Reuters had expected sales to increase by 0.4 percent overall and 0.3 percent minus autos, gasoline and building materials. The so-called core sales increased 0.1 percent after advancing 0.6 percent in July. Following the retail sales release, Barclays downgraded U.S. third-quarter gross domestic product growth to 1.5 percent, from 1.6 percent.
Like This Article? Now Get Mark's FREE Special Report: 3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Named one of the “Top 20 Living Economists,” Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
A former Wall Street financial advisor with three decades’ experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
Product Details
Cash Machine
Premium Income PRO (exclusively for subscribers of Cash Machine)
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Generational Wealth Strategies is a unique advisory service dedicated to helping people increase their retirement prosperity while also protecting and passing on more of their accumulated wealth.
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Product Details
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives. He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.
DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it… Nothing else.
