MIXED NEWS ON THE ECONOMY
June 18, 2008 by Lovely · Leave a Comment
The US Commerce Department reports that retail sales are up 1% for May 2008. While that’s great news, I’d be interested in seeing specific numbers — how much was spent with Indiepreneur businesses?
On the other side of the economic coin, applications for unemployment benefits went up 25,000 last week ALONE! You can bet that most of those unemployment checks will be spent on the essentials of living like housing and food. Discretionary income will likely be low in the months to come.
