July 26 (Reuters) – Golf gear maker Callaway Golf Co , which posted a narrower-than-expected quarterly loss, said it has started cutting jobs, and expects to post a full-year loss.
The layoffs and the GDP growth slowdown are additional reasons why the federal deficit will increase beyond current dismal projections. The latest congressional cost-cutting to lower the deficit assumed certain revenues churned out by an economy on a particular growth path. Those growth forecasts are now being rapidly revised downward, so lower revenues will follow.
CA officials just discovered their most recent sales tax revenues–normally a stable and easily predicted number–came in 10% under expectations.
The layoffs and the GDP growth slowdown are additional reasons why the federal deficit will increase beyond current dismal projections. The latest congressional cost-cutting to lower the deficit assumed certain revenues churned out by an economy on a particular growth path. Those growth forecasts are now being rapidly revised downward, so lower revenues will follow.
CA officials just discovered their most recent sales tax revenues–normally a stable and easily predicted number–came in 10% under expectations.
The layoffs and the GDP growth slowdown are additional reasons why the federal deficit will increase beyond current dismal projections. The latest congressional cost-cutting to lower the deficit assumed certain revenues churned out by an economy on a particular growth path. Those growth forecasts are now being rapidly revised downward, so lower revenues will follow.
CA officials just discovered their most recent sales tax revenues–normally a stable and easily predicted number–came in 10% under expectations.
The layoffs and the GDP growth slowdown are additional reasons why the federal deficit will increase beyond current dismal projections. The latest congressional cost-cutting to lower the deficit assumed certain revenues churned out by an economy on a particular growth path. Those growth forecasts are now being rapidly revised downward, so lower revenues will follow.
CA officials just discovered their most recent sales tax revenues–normally a stable and easily predicted number–came in 10% under expectations.
The layoffs and the GDP growth slowdown are additional reasons why the federal deficit will increase beyond current dismal projections. The latest congressional cost-cutting to lower the deficit assumed certain revenues churned out by an economy on a particular growth path. Those growth forecasts are now being rapidly revised downward, so lower revenues will follow.
CA officials just discovered their most recent sales tax revenues–normally a stable and easily predicted number–came in 10% under expectations.
