Markets enjoyed substantive gains as debt related negotiations progressed on either side of the Atlantic, boosting investor sentiment. The Dow fell shy of its best intra-day rally of this year amid positive manufacturing data from the U.S. mid-Atlantic region and stellar corporate results. The Dow Jones Industrial Average (DJIA) gained 152 points or 1.2% to [...]
US Jobless Claims Decline to 407000, Lowest Since July 2008
Applications for unemployment benefits in the US fell more than For 2012, the jobless rate will be 7.7 percent to 8.2 percent,
According to data released earlier today by the Japan Chain Stores Association, supermarket sales in Japan fell 1.2% to 1.05 trillion yen in July. Supermarket sales have now fallen for 20 consecutive months on a year-on-year comparison, though the rate of decline is slowing somewhat.
Here is a breakdown of July’s adjusted same-store figures (not including stores opened within the past twelve months): (more…)
According to data released today by the Japan Franchise Association, convenience store sales rose 0.5% in July, showing an increase for the first time in 14 months.
The hot weather appears to have helped convenience store sales in July, as sales of cold drinks, ice cream and processed food increased 5.8%. Customer traffic was up 2.3% in July, and this is notable because it is the first increase above 2% since June 2009, when the TASPO card was introduced. (more…)