Despite faster price
growth last quarter, the decline in mortgage rates and an uptick in the national family median income ($ 70,306) 5 slightly improved affordability compared to a year ago.
The worst performer was Dollar General which chalked up gains of only 4 % after its shares tumbled on weaker than expected
growth last quarter.
It turns out we had slow economic
growth last quarter.
GDP
growth last quarter reached 3 percent way ahead of schedule; nobody thought that was going to happen for a long time.
Apple's sales
growth last quarter was the slowest in more than two years, and Samsung in January warned of slowing demand.
Palo Alto, for instance, reported 27 % year - over-year revenue
growth last quarter, while Cisco's security business increased 8 % during the quarter that ended in October.
Apple managed to notch bigger sales and revenue
growth last quarter...
The store's numbers haven't been pretty either: Same - store sales
growth last quarter was at its lowest level since 2009, a fact blamed in part on the New York City investigation and on the longer - term concern that it is facing stiff competition in the healthy - eating ethos up and down the grocery food chain — from Kroger (KR) and Walmart (WMT) to Trader Joe's and Sprouts (SFM).
(Higher prices accounted for the bulk of Chipotle's comparable sales
growth last quarter.)
Not exact matches
The result was a 60 %
growth in U.S. e-commerce sales at its namesake chain
last quarter.
Last quarter was the company's 20th consecutive
quarter of at least 5 percent comparable
growth.
Despite returning to profit
growth last year, investors sold off the company's stock after Exxon reported fourth -
quarter results that fell short of Wall Street's expectations.
The near 20 % earnings
growth rate expected for the
quarter may be as good as it gets for the rest of the current business cycle (without knowing how much longer the cycle will
last).
Starbucks will maintain its
growth momentum in 2015 on the heels of
last quarter's earnings report, according to Howard Schultz.
«We typically don't go into this level of detail but I think it's important this
quarter to give you additional color, and maybe the two most important messages are that we believe iPhone revenue will grow double - digits as compared to
last year during the March
quarter and also and, importantly, that iPhone sell - through
growth on a year - over-year basis will be actually accelerating during the March
quarter as compared to the December,» chief financial officer Luca Maestri said.
WellCare's net income rose more than $ 100 million in the third
quarter of 2017 compared to the same time period
last year thanks to stellar
growth in its Medicare business and much lower - than - expected medical costs for its Medicaid plan holders relative to their premiums.
Business investment, which is crucial to supporting
growth, has been in retreat for the
last five
quarters, and before that was stuck in neutral going back to 2012.
China «s official unemployment rate has been around 4 % for years, despite the rapid slowdown in the economy from double - digit
growth to
quarter - century lows
last year of less than 7 %.
In the same
quarter last year, Goldman missed expectations, citing «renewed concerns about global economic
growth.»
Either would represent double - digit
growth from the same
quarter last year.
The company tells investors to focus instead on the percentage
growth of people who use it daily, which has increased more than 10 percent in each of the
last three
quarters.
A more legitimate reason for concern was
last week's report showing productivity fell in the fourth
quarter — since ultimately, rising productivity is the only way
growth can be sustained.
This chart shows Tim Hortons» same - store sales
growth for the
last 15
quarters — the amount that the chain was able to grow its sales, counting only stores that have been open
Indeed, as labour economist Jim Stanford recently pointed out, our GDP
growth fell behind six of the G7 in the second and third
quarters of
last year, beating only Italy with an average advance of 1.7 % during the six - month period.
Neha Mahajan, IDC senior research analyst of devices and displays, referred to U.S. PC market as having a «strong
last quarter of the year» partly because of «impressive
growth in the retail PC segment,» which IDC didn't elaborate on.
That was in line with
growth rates in the first through third
quarter of
last year and well above that posted in the fourth
quarter, he said.
According to research analysts at investment bank Versant Partners Inc., U.S. software expenditures in the third
quarter of 2011 grew by 6.6 % over the same
quarter in the previous year, the highest
growth rate in the
last four - and - a-half-years.
The
last time the U.S. went through a partial government paralysis in 1995 - 1996 — for roughly three weeks in two separate instances — economic
growth slowed by a
quarter of a percentage point during the
last three months of 1995.
And yet Walmart's online sales
growth has slowed of late, rising only 7 %
last quarter.
The company returned to profitability
last quarter, while investments in expanding its reach and scale have it positioned to ride the
growth in shale production even higher in coming years.
Last quarter, Target saw strong
growth in apparel, and home, baby, and kids items, Cornell said.
The retailer
last month announced a surprise increase in comparable sales for the first -
quarter, with home tech a major source of that
growth.
The sales gain was the first time HP (hpq) reported
quarter - over-
quarter revenue
growth since splitting from its data - center specialist sibling Hewlett Packard Enterprise (hpe)
last fall.
CNN noted that its
growth doesn't look as impressive as its competitors in part because the network had a number of special presidential debates and town - hall events in the first
quarter of
last year that boosted its reach, so the rise since then is smaller by comparison.
It's easier to post 45 % revenue
growth, as the company did in its third
quarter earnings report Thursday, from a revenue base of $ 3 billion than it is from $ 120 billion (Wal - Mart's revenue
last quarter).
As I explained
last week, one way to avoid a statutory recession is for past data to be revised to show
growth in the first
quarter of 2015 (and this could still happen in future GDP releases, so the issue of a statutory recession has not been fully settled).
«Applications had a fantastic
quarter, growing to $ 1.3 billion, up 27 %, this on 16 %
growth last year.
But MSNBC showed the most
growth in this category as well, climbing by 40 % compared to the same
quarter last year.
International revenue, responsible for the bulk of the company's
growth lately, fell 37 %
last quarter compared to the year before.
Bernstein research estimated that 59 percent of total U.S. TV ad revenue
growth in the third
quarter of
last year was from spending on daily fantasy football ads.
Oil prices have been unusually volatile over the
last week, so predicting third
quarter economic
growth is a bit of a fool's errand when we don't have a good feel on what the rest of the third
quarter will bring for oil prices (and what we do know is not good).
Williamson said the PMIs pointed to fourth -
quarter GDP
growth of 0.1 percent, weaker than the 0.2 percent predicted in a Reuters poll
last week, but that very weak expansion is coming at a cost: firms cut prices for the 33rd month.
The newspaper reported that
last year Yelp's
growth was up 30 % in the first
quarter.
The department store company, which has reported sales declines in its
last 11
quarters despite closing dozens of weak stores, said on Thursday, that comparable sales rose 1 % in November and December, a modest increase to be sure, but one that puts Macy's on track to report its first
quarter of
growth in three years.
However, financial news site CNBC said Thursday that the
growth has actually slowed for the
last eight straight
quarters, falling from a peak of 81 percent in the second
quarter of 2015.
Amazon figures show that revenue
growth has slowed for the
last six consecutive
quarters.
That's better than the 24 %
growth it saw
last quarter.
During the
last four
quarters, the underlying global
growth dynamic began to shift.
The government put China's official
growth at 6.7 percent in the
last two
quarters, but some economists question whether the economy is slowing more quickly.
Last week's news that economic
growth slowed in the first
quarter supports the tame - inflation narrative.