Friday, July 13, 2007

Friday Economy Collection

Just a couple of notes about the economy.  It IS Friday the 13th, after all...


Confidence drops to nearly 1-year low



Consumer confidence slid to its lowest point in almost a year as worries about job availability, high gasoline prices and the severity of the housing slump weighed on peoples' minds. The steep drop disappointed economists and raised fresh questions about [...]



Retail sales take sharpest plunge in nearly 2 years



Consumers put away their wallets in June, sending retail sales crashing by the sharpest amount in nearly two years. The Commerce Department reported Friday that retail sales fell by 0.9 percent last month, the biggest drop since [...]


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