It appears that the effects of the economic stimulus package are waning fast, as retail sales for July decreased by 0.1 percent.
Gas sales were up 0.8 percent last month, but even higher gas prices could not bring July’s sales into positive territory. Sales were driven down by a 2.4 percent decrease in vehicle sales.
U.S. auto sales reached […]
Halfway through the fiscal year, the federal deficit is at a record high of $311.4 billion, up 20.5% from this time last year. The report from the Treasury showed that revenue for the fiscal year totaled $1.146 trillion, up just 2.2% from last year. In contrast, government spending was up by a much […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
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