Filed under: Economy, Obama Administration, Unemployment, Jobs
Consumer spending was stagnant in April, the government reported Friday -- more evidence of a slow economic recovery.
Permalink |
Filed under: EconomySigns Indicate Consumer Mood Is Improving
Consumers are starting to open their wallets again, as new economic figures show a rise in factory output, a slightly better jobs picture and increased retail sales.
Americans aren't just buying necessities; they're beginning to once again purchase bigger-ticket items...
While I understand little of economics, having relied on the kindness of my college friends to get me through Econ 101, my eye nonetheless landed on a 
Retail sales climbed 1.6 percent in March as shoppers emerged from the winter doldrums to buy automobiles and other goods in a broadening of the economic recovery.