Retail sales dip raises worries about recovery - Yahoo! Finance
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Mary Goodman has stopped most of her extraneous spending -- like meals out. She reined in her spending habits after March 1, when she was laid off from her job as an office manager at an online job posting company in Milwaukee
Highlighted by davidblum
Anecdotal evidence had signaled some improvement in sales in recent weeks. But "to offset the plunge in wealth, the household saving rate still needs to double from the current rate of 4 percent," Paul Dales, U.S. economist with Capital Economics in Toronto, wrote in a research note.
Highlighted by davidblum
Anecdotal evidence had signaled some improvement in sales in recent weeks.
Highlighted by rick
Anecdotal evidence had signaled some improvement in sales in recent weeks. But
"to offset the plunge in wealth, the household saving rate still needs to double
from the current rate of 4 percent," Paul Dales, U.S. economist with Capital
Economics
Highlighted by maggie_diigo
April came even though car sales posted a 0.2 percent increase. Excluding autos, the drop in retail sales would have been 0.5 percent -- much worse than the
Highlighted by davidblum
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