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Terrebonne, La., Levee and Conservation District, $90 million of public improvement sales tax bonds.
An outbreak of severe acute respiratory syndrome last spring produced a steep drop in retail sales, and despite the recent improvement, sales for the first 11 months of last year were still down 3.1percentt compared with the first 11 months of 2002.
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Even with recent housing market improvements, sales and construction are still at very low levels, while prices are still falling in most areas.
While Dodge's Dakota tally in the first quarter of this year was an improvement over sales in the first quarter of 2004, Tacoma sales declined 8% compared with the first quarter of 2004.
The latest market share figures from Kantar showed an improvement in sales, with analysts at Jefferies saying: Sales return to positive territory at 0.8%, continuing the improvement following the 3.3% fall seen in the post Christmas reading.
But it also said it expected a slight improvement in sales in the fourth quarter and extended mild hopes for a recovery in chip sales by the middle of 2002.
He said he expected "exponential improvement" in sales before Christmas, an increase that would result in the federation's forecast of 5.7percentt higher holiday sales this year.
Analysts expect an improvement in sales.
He added, "There's no sign of improvement" in sales.
That trading update came weeks after JJB had reported an improvement in sales.
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