U S aerospace industry seen weathering downturns
The Aerospace Industry Association reports 2010 sales should rise modestly after a 4 percent gain in 2009. Employment is expected to fall to 641,000 with profits up about 6.5 percent. Military and civil segments show mixed results as the industry anticipates Boeing 787 demand.
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Gazette
U.S
Washington, D.C
Aerospace Industry Association
Cedar Rapids
Association
AIA
Marion Blakey
Boeing
Blakey
Rockwell Collins
Ivid Dewitte
Gazcomm.com
Fed keeps rates at record low to aid recovery signs
The Federal Reserve will hold its target range at zero to 0.25 percent and keep rates exceptionally low for an extended period to spur demand and support the economy. Officials cited slow growth, weak job market, and cautious hiring while noting unemployment may fall slowly.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Ben Bernanke
Holidays bring limited deep discounts as shopping runs down
Stores backed away from panicked clearance as they stocked better this year. Sales rose 18 percent week to week and slightly above last year, with retailers sticking to planned discounts. Deep price cuts may still appear this weekend, the last before Christmas, aiding fourth quarter profits.
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New York
ShopperTrak
Scott Krugman
National Retail Federation
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