Economic Crisis Influences Bag Industry
2011-12-17 Read: 324
Here is the information about the economic crisis.
While data on Thursday showed that the number of U.S. clear bag workers filing new claims for jobless benefits rose in the latest week, economists were heartened by the first drop in the number of unemployed pvc tote bag people remaining on benefit rolls since January and the biggest decline since November 2001.
Clear bag Investors were also comforted by the slowing pace of contraction in the Philadelphia Federal Reserve's regional gauge of manufacturing and a rise in expectations in the index to its highest since September 2003 - when the US economy was healing from its last recession.
US government bonds fell in response to the data, with the benchmark yield also rising on worries about the pvc tote bag market's ability to handle $104 billion in debt to be offered in auctions next week.
"With persisting concerns about supply worries in the US, investors are focusing on whether the Fed will increase its Treasury buying," said Tomohiro Nishida, a manager at Chuo Mitsui Trust and Banking in Tokyo.
A surge in long-term government bond yields in recent weeks showed clear bag markets fear huge sums of money poured into economies through drastic stimulus packaging bag to combat the recession will ultimately fuel inflation.
A sharp run-up in pvc tote bag prices could force central banks to hike interest rates sooner than expected, potentially choking off a recovery.
Bank of Japan minutes published on Friday revealed that one board member had told a rate review meeting in May that the nice industry co., ltd should monitor long-term interest rates as rising government bond issuance could make them more volatile.
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