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Sunday, December 25, 2011
U.S. Consumer Spending Lower Than Expected
A decline in wages contributed to a weaker-than-expected consumer spending total for November. For the month, purchases rose a scant 0.1 percent compared to an earlier forecast of a 0.3 percent increase.
“In the absence of a significant pickup in income, we won’t see a big boost in spending,” said Yelena Shulyatyeva, an economist at BNP Paribas in New York. “The momentum will slow in the fourth quarter, but the economy is still growing.”
US Durable Goods Orders Jump 3.8%
The U.S. Commerce Department announced that orders for durable goods increased by 3.8 percent for the month of November. This greatly exceeded expectations of a 2 percent increase.
“This was a positive surprise, and the prior month’s number was also revised upwards,” said Chris Orndorff, senior portfolio manager at Western Asset Management.
“A good sign, but the rolling average of the last three months is still far below the high durable goods levels of Q1 2011.
“And the 2011 levels are below the 2010 levels, so by this measure the economy is still muddling along. However, at least it is in positive territory
tags
Forex Round Up
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USD
Saturday, December 24, 2011
2012 Honda Civic Sedan
2012 Honda Civic EX-L Sedan |
1.8L 4-cyl. engine
Automatic transmission
Up to 28 cty/39 hwy mpg
Navigation System
Bluetooth
iPod input
Satellite radio
Side/Curtain Airbags
Stability Control
Traction Control
MSRP from $21,955
What's New for 2012
The 2012 Honda Civic has been fully redesigned. Highlights include mild styling updates, improved fuel economy and more power for the Si model.
Introduction
For a new compact car to stand out in an increasingly competitive category, you'd think it should offer more than just a few subtle improvements. So we find ourselves in a rather unfamiliar position with the redesigned 2012 Honda Civic.
2012 Nissan Altima Sedan
2012 Nissan Altima 3.5 SR Sedan |
Continuously variable transmission
Up to 20 cty/27 hwy mpg
Bluetooth
MP3 Player
Side/Curtain Airbags
Stability Control
Traction Control
Navigation System (Optional)
iPod input (Optional)
DVD player (Optional)
MSRP from $25,430
What's New for 2012
Other than minor feature availability adjustments, the 2012 Nissan Altima is unchanged. Nissan has also discontinued the Altima Hybrid this year.
Introduction
Sooner or later, most everyone reaches that point in life where they feel compelled to trade their stylish, fun-to-drive set of wheels in for something more sensible. What many don't realize, however, is that cars like the 2012 Nissan Altima don't force you to choose between those two extremes.
tags
2.5
,
2.5 S
,
2012 Nissan Altima Sedan
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3.5 SR
Friday, December 23, 2011
2012 Ford F-450 Super Duty
2012 Ford F-450 Super Duty XL |
Automatic transmission
4-wheel drive
Side/Curtain Airbags
Stability Control
Traction Control
Bluetooth (Optional)
iPod input (Optional)
MP3 Player (Optional)
MSRP from $49,395
,What's New for 2012
Other than increases in tow and payload ratings, the 2012 Ford F-450 Super Duty is unchanged.
Introduction
Not long ago, truck buyers looking for comfort as well as towing capability above the F-350 or any competitive 3500 pickup had to purchase Ford's commercial medium-duty F-450 or F-550 chassis cab. An aftermarket outfitter would then install a custom cargo bed, restitch the interior with leather seating and add other amenities favored by RV enthusiasts, racecar haulers or ranchers pulling a 10-stall horse trailer.
tags
2012 Ford F-450 Super Duty
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King Ranch
,
Lariat
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XLE
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XLT
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