The Juice: A Little Something Extra for your morning
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Got a little change in our pockets...
Despite gas prices, despite the housing slump, Americans went shopping in May. Retail sales shot up 1.4 percent. That's the best month since January of 2006 and the increase is double what economists predicted. This is a clear sign the economy is rebounding from a blah start to the year. Consumer spending is a huge part of the economy — it makes up 70 percent of GDP.
Posted on June 13, 2007 7:41 AM PT | Permalink
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Latest Comments
- The economy: Not at your service (1)
- Laura Beth wrote: SO WHAT. To me, it is GREAT that the economy is NOT growing.... [read]
- Hard to see a slowdown from a yacht... (1)
- Chuck wrote: Until our elected "leaders" stop taking bribes from the weal... [read]
- It's OK to mix your beer (1)
- dallas latham wrote: diabolical!!!!! ... [read]
- Greenspan's recession more and more likely (2)
- Alan Reynolds wrote: Saying there is a 50-50 chance of something happening is wim... [read]
- SAG wins best supporting union in WGA strike (1)
- wrote: thats dissapointing... [read]
Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
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