Word: sectored
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...forced to compete with North American firms, a Brazilian industry official says. The country's chemical industry says it would have to invest an extra $5 billion a year to avoid a similar fate, while Gianni Coda, director of Fiat Latin America, frets that "the entire Brazilian automotive sector will lose...
...which is super if you want a median home and live in a median market. Actually, the Affordability Index for February, released last week, came in at 144, a two-year high, meaning that the average family can afford 144% of the median price. "The housing sector is the only part of this economy still standing tall," says David Lereah, chief economist at the National Association of Realtors...
Despite these defiant expectations, the possibility of increased unemployment could threaten the sector's healthy condition. For investors, the question is whether cheap mortgages can trump wider fears about the economy...
...farm jobs that were cut, 81,000 were in the manufacturing sector, which we already know is in a recession. And there were some other good signs. Average hourly earnings actually rose in March, along with average weekly pay. And hours worked were up too. If the economy was truly in a contractionary phase, hours worked would be shrinking...
...easy answer, of course, is that the stock market crashed. Well, it hasn’t exactly crashed, but it’s certainly taken a downturn, especially in the high-flying tech sector that was supposed to continue flooding us with wealth for several more decades. Dreams of instant millions from a lucky IPO were once accepted as career plans for starry-eyed college sophomores; no more. Today, the chance to throw in society’s lot with the day-traders no longer appears so quite so tantalizing...