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Retail Sales Tank, Expect Q4 GDP to Be Very Weak

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 14, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    For the 6th month in a row, US consumers have cut back spending. The December consumer spending data tells us that retailers had a very tough time this holiday shopping season. Consumers reduced their spending by 2.7 percent but if you take out year end deals in the auto sector,...

    complete article here...

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