http://stockmarketbeat.com/blog1/2006/10/16/the-ad-market/ Our beat: The stock market. Our job: Beat it. Tue, 03 Jun 2008 15:36:49 -0600 http://wordpress.org/?v=2.8.1 hourly 1 http://stockmarketbeat.com/blog1/2006/10/16/the-ad-market/comment-page-1/#comment-4366 Stock Market Beat » Blog Archive » Where’s That Pickup In Business Spending? Thu, 19 Oct 2006 12:01:56 +0000 http://stockmarketbeat.com/blog1/2006/10/16/the-ad-market/#comment-4366 [...] When added to IBM’s mediocre overall growth of 5% last night, it seems pretty clear that the business spending isn’t picking up. Unfortunately, the consumer finally looks to be running out of steam. Motorola’s sales warning shows that cell phone purchases may be tailing off. Ad spending (strongly tied to consumer spending) is weak almost across the board. The job market and housing markets are clearly slowing. [...] [...] When added to IBM’s mediocre overall growth of 5% last night, it seems pretty clear that the business spending isn’t picking up. Unfortunately, the consumer finally looks to be running out of steam. Motorola’s sales warning shows that cell phone purchases may be tailing off. Ad spending (strongly tied to consumer spending) is weak almost across the board. The job market and housing markets are clearly slowing. [...]

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