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 […]
Economists are predicting that rising gas prices will hit $4 per gallon this spring. Currently, the national average is $3.303 for a gallon of gas, about 60 cents higher than a year ago.
Of course, the rise in gasoline prices is clearly related to the price of crude oil… Right? Not necessarily. Gas […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
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