Some consumers are planning to spend less and save more in the run-up to the election, a survey says. Plus, capacity utilization and independent grocers.
September retail sales excluding vehicles and gasoline were up 0.7%. But consumers report uncertainty about the election and how it will impact the economy.
It was easier for companies to transition to making PPE at the height of the pandemic than it was to produce something as sterile and specific as IV fluid.
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Nick Quah, culture and podcast critic at New York Magazine, says Vice President Kamala Harris’ and former President Donald Trump’s appearances on non-traditional, online shows are more than just teeing up “softball” interviews.
The inventory-to-sales ratio provides a glimpse at how fast inventories are turning over. If a sector’s ratio is elevated, that can be a sign that it will slow down — or cut prices — in the near future.
From the BBC World Service: Leaders from India, Pakistan, China and other countries in the region will meet for the Shanghai Cooperation Organisation summit.
Throughout the last year, a lot of big banks have been stocking away more cash to cover bad loans. But even though banks are concerned about the broader economy, they’re still trying to make loans where they can.