Tag: 南京spa水磨

U.S. economy lagging projections

first_imgRetailers boosted inventories by 0.3 percent. That reflected gains in many categories but declines at auto dealers. Manufacturers raised inventories by 0.1 percent. The latest reports provide fresh figures showing that the economy was not performing as well as previously thought at the turn of the year. Analysts said the slowdown in retail sales in January was not too worrisome given that it followed a 1.2 percent surge in December sales. On Wall Street, the Dow Jones industrial average closed at a new high. The Dow closed up 87.01 points at a new record of 12,741.86. It was the 28th record close since the start of October. A string of weaker-than-expected numbers is causing economists to reduce their estimates for overall growth, as measured by the gross domestic product, for the final three months of last year. They now believe that the GDP was growing at an annual rate of just 2.5 percent, a full percentage point below the government’s initial estimate of 3.5 percent GDP growth in the final quarter of 2006. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WASHINGTON – Retail sales, hurt by a big drop in auto purchases, slowed at the start of the year and business inventories turned in the poorest showing in 17 months. The Commerce Department reported Wednesday that retail sales essentially were flat in January, the poorest performance since a 0.2 percent decline in October. Business inventories, the department said, basically were unchanged in December at $1.37 trillion, $147 million less than in November. It was the weakest showing for inventories since they fell by 0.4 percent in July 2005. The inventory report included a 0.5 percent plunge in stockpiles held by wholesalers. last_img read more

Read more…

Hampton gets hurt in in the cage

first_imgHampton was taking batting practice Wednesday at the Braves’ complex while the team was playing the Detroit Tigers in nearby Lakeland. He fell to the ground in pain after a swing, prompting fears that he broke a rib. X-rays were negative and team doctors determined that he strained his left oblique, still a serious injury for a pitcher. Major League Baseball announced its $700 million, seven-year agreement with DirecTV and said the deal contains a provision that allows its “Extra Innings” package of out-of-market games to remain on cable television if the other incumbent providers agree to match the terms. Around the horn Frank Thomas made his first appearance for the Toronto Blue Jays, going 1-for-3 with an RBI in a “B” game against the Phillies. “I prefer to start late like this because you know what you’re doing out there,” said Thomas, who signed an $18.12 million, two-year contract. “You’ve had enough BP, enough cage work to know what you’re doing out there.” Mike Hampton’s comeback took a major blow. And, no, it has nothing to do with his reconstructed elbow. The Atlanta Braves left-hander injured his left side during batting practice, of all things, and won’t be ready for the start of the regular season. Hampton, starting the seventh season of a $121 million, eight-year contract, will miss the rest of spring training and could be out as long as two months. The Braves had been counting on him to bolster a rotation that includes John Smoltz, Tim Hudson and Chuck James. “I think I pulled it pretty bad,” Hampton said Thursday. “There’s nothing you can do about it now except try to get it healed up and get it better.” center_img Outfielder Jody Gerut was released by the Pittsburgh Pirates after nearly two years of inactivity due to a knee injury. St. Louis Cardinals pitcher Josh Kinney needs elbow ligament-replacement surgery and will likely miss the entire season. Kinney was a top candidate for setup relief pitcher this year. He first tore the ulnar collateral ligament in his pitching forearm one year ago. Team physician Dr. George Paletta said Thursday the torn ligament has grown increasingly worse. The torn ligament in Kinney’s right arm should be surgically replaced with a tendon from his left wrist, Paletta said. Kinney’s recovery should take about 10 months. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Read more…