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We kick off this morning with one of those “green shoots” in the economy: better than expected retail sales; they surged 2.7 percent in August, as the Cash for Clunkers program provided a lift to auto sales. Full Article at Anderson Cooper 360 Blog
Related Articles
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The Commerce Department on Tuesday reported that retail sales jumped 2.7 percent last month, the biggest increase in three years and surpassing all analyst expectations. Full Article at The Epoch Times
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WASHINGTON: Sales at US retailers surged in August by the most in three years, led by a jump in auto purchases, as consumers took advantage of the government’s “cash-for-clunkers” programme. Full Article at Economic Times
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WASHINGTON -- Retail sales jumped in August, spurred by widespread gains beyond the increases of auto and gasoline sales that economists expected. The report is a sign that consumers may be less cautious about spending as the economy recovers. Full Article at FOX News
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: The US governments auto trade-in programme probably lifted retail sales in August to their biggest gain in more than three years and boosted factory output, economists said before reports this week. Full Article at Expressindia.com
Related Quotes
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There’s quite a bit of pent-up demand
SOURCE: Economic Times -
It may be the one-year anniversary of the Lehman failure, but stocks haven't fallen out of bed in memory of the event
SOURCE: Toronto Star -
I feel quite confident that a comprehensive reform will be forthcoming
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The recession is very likely over at this point
