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Durable goods spending, inventory corrections, and government spending.
Texas Instruments also said results in the fourth quarter should also beat current forecasts, adding that its customers have stopped the inventory corrections that depressed demand earlier in the year.
Uranium, for use in nuclear power stations, is also still in demand.In other raw-material markets, the recent weakness reflects inventory corrections: aluminium consumption, for example, has dropped partly because carmakers have run down their stocks.
"We're going to see more and more tidbits of information that suggest that inventory corrections are going to occur at a slower pace and, even though consumer spending is lower than it was a year or so ago, it's going to continue to be positive.
Why It Could Lead When Markets Recover: Inventory corrections and declining utilization rates are not unusual during economic downturns.
Slowing sales growth and inventory corrections, now the dual mantras of misfortune among electronics manufacturers across the board, are to blame.
Similar(45)
One is a run-of-the-mill inventory correction.
But we have been working off this inventory correction for many months.
With the demand slowdown, it looks like we could have a two-quarter inventory correction.
The Federal Reserve, an early adherent to the inventory correction theory, is now tiptoeing away from it.
What is going on? A. There is a very severe inventory correction going on throughout the technology industry.
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