Truthmatters
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No headline - Economy » Abilene Reporter-News
Consumers, who drive most economic growth, spent more on cars, furniture, electronics and other goods in July and more in May and June than previously thought. That burst of activity is encouraging because it shows many Americans were willing to spend despite high unemployment, scant pay raises, steep gas prices and diminished wealth.
If it keeps up, the economy might rebound after growing at an annual rate of just 0.8 percent in the first half of 2011.
Now if the corps hire like they say they plan to in the third quater then you will have to work even harder to find a way to trash consumer confidence
Consumers, who drive most economic growth, spent more on cars, furniture, electronics and other goods in July and more in May and June than previously thought. That burst of activity is encouraging because it shows many Americans were willing to spend despite high unemployment, scant pay raises, steep gas prices and diminished wealth.
If it keeps up, the economy might rebound after growing at an annual rate of just 0.8 percent in the first half of 2011.
Now if the corps hire like they say they plan to in the third quater then you will have to work even harder to find a way to trash consumer confidence
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