Friday, July 13, 2007

Retail Slump hints at a "tired" consumer

Retail sales posted their steepest drop in nearly two years...

Analysts expected a minimal 0.1% gain, but the results showed a 0.9% drop.

This all seems to be related to gasoline and the housing market.

Consumers seem to be running out of steam.

we'll see what happens in the near future and how this affects mortgage rates over the next few months...

No comments:

What makes people act the way they do?

With all the recalls associated with Chinese products, do you look at the label now to see where a product is made?

NEW POLL: What percentage of baseball players were taking steriods, HGH or other enhancing drugs (like amphetamines) before the rules changes instituted by MLB?

Which would you prefer?

You're at the Final table of the WSOP. You get dealt 2 Aces. What do you do?