Americans might complain about higher gas prices, but new government data show that hasn’t stopped them from driving to the mall.Read the rest here.
The Commerce Department reported Tuesday that retail sales climbed 1.1 percent in February compared with the previous month. Consumers pulled out their wallets for new cars and clothes, electronics and sporting equipment despite spending 3.3 percent more at gas stations. The results boosted estimates of how fast the economy is growing, particularly as it comes on the heels of data showing a strengthening job market.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
Americans are still driving to the mall; just malls closer to home. Here in Italy we pay $10/gallon, so I don't have much sympathy, especially when our Presidents from both parties refuse to pump domestic oil or develop/promote alternative sources of fuel. The fact that diesel is so expensive in the US is criminal. In the rest of the world diesel is the cheapest and gets the best mileage.
ReplyDelete