March capped a successful quarter for General Motors in the United States. Retail sales surged 38 percent for its four brands, driven by demand for Chevrolet’s all-new Cruze compact sedan. In spite of a decline in incentives, dealers reported 206,621 total sales during March, an increase of 11 percent. This total included a 17 percent [...]
Freddie Mac announced that it had approximately $15 billion in volume for its multifamily whole loan and bond guarantee business (multifamily mortgage settlements), compared to almost $17 billion in 2009. This volume includes Freddie Mac’s targeted affordable housing products, which finance apartments that receive some form of government subsidy. Quotes from Mike May, executive vice [...]
National Restaurant Association’s 2011 Restaurant Industry Forecast reveals economic, workforce, consumer and menu trends Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth, according to National Restaurant Association research released today. The Association’s 2011 Restaurant Industry Forecast projects [...]
According to figures released by the U.S. Department of Commerce, retail sales grew again in December for the sixth consecutive month, totaling more than $380 billion. December’s total retail sales exceeded monthly sales figures from November 2007, the industry’s highest month on record. Monthly retail sales figures for December were up 0.6 percent over November [...]