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A rebound, yes, but perhaps ominous signs in consumer spending To that end, China rele stanley quencher ased results Monday Jan. 18 that show its economy grew by 2.3 percent in all of 2020.The South China Morning Post noted it is the lowest annual reading in decades 鈥?in fact, since 1976, when GDP shrank by 1.6 percent as the Cultural Revolution ended.But then again, growth is growth, and the rebound of course takes into account the huge headwinds of the coronavirus, which sent GDP down high single-digit percentage points earlier in the y stanley cup uk ear.Drilling down, the fourth quarter showed growth of 6.5聽 percent, according to the National Bureau of Labor Statistics.But its important to note that much of that g stanley tumblers rowth, as measured on an annual basis, came from industrial output, which grew by 2.8 percent.Retail A Bit Below Expectations聽Not consumption, which, as tied to retail sales, slipped 3.9 percent for the year, and where the rebound from emergence from COVID-era lockdowns has struggled to really gain traction. In December there were gains in this metric, which came in at 4.6 percent growth year over year. But analysts had expected 5.5 percent growth.Now here, seemingly, is a bit of disconnect. 聽The industrial and manufacturing output presages at least some real pickup in demand. After all, hypothetically speaking, the shirt manufacturer who ramps up production is anticipating that shirts flowing through the supply chain will eventually be cleared off shelves.But the slowdown in retail sales wher Pbkz Pinterest Debuts API for Shopping; Product Tagging for Pins
Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow Xero to deliver full-service payroll in all 50 U.S. states for the first time. Were partnering with Gusto because we have a shared vision for building innovative new solutions that help small businesses and accountants thrive in the new economy, Xero Americas President Keri Gohman said in a press release. Were both born-in-the-cloud companies working to build so stanley deutschland ftware that makes complicated business tasks more simple and human. By joining forces, we can help more small businesses and accountants find long-term success. Xeros U.S. subscribers can now organize payroll entirely online, with all federal, state and local payroll taxes automatically paid and filed. In addition, Gusto instantly syncs payroll and financial data with Xero, as well as expense-tracking and time-tracking software.Gusto also integrates with workers compensation, benefits 鈥攍ike health insurance or 401 k retirement plans 鈥斅燼nd human resources.According to Gusto Chief Operations Officer Lexi Reese, We first began our partnership with Xer stanley cup o five years ago and, since then, they have quickly become one of the most popular integrations on Gusto. We are confident that together we can help business owners manage the back-office complexities that can distract them from growing their companies. Customers stanley kubek will be able to access their Gusto accounts using their |
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