The Semiconductor Industry Association has revised its outlook and is expecting computer chip sales to increase by 6% reaching a record $226 billion this year.
Economy Growing At a Better-Than-Expected Rate
Last month, it was estimated that the United States economy would grow at a rate of 3.1% in the first quarter of 2005. Today, the Commerce Department released a report that blew past that estimate.
Jobless Claims Drop By Twice The Expected Amount
Jobless claims dropped more than economists had expected last week as the number Americans filing new claims for unemployment dropped 20,000 to 321,000.
Qwest Does Better Than Expected
Qwest Communications International was outbid by Verizon to purchase MCI, but at least narrowed its losses in the fourth quarter.
Intel Platformization Quicker Than Expected
Yesterday, Intel announced that it would reorganize its major product groups as part of the company’s strategy to drive development of complete technology platforms based on Intel ingredients.
Retail Expected to Slow Down
The National Retail Federation expects consumer spending to rise 3.7% in the first quarter.