Xmas Spending At Risk

Sep 30, 2010 22:23

An independent study suggests that while GDP is still being propped up by business spending, inventory restocking and government stimulus, the consumer economy - sorta GDP's backbone - may indeed be breaking.

CNBC
A Very Different Christmas Holiday Forecast: A Dismal Outlook


Another day another holiday forecast, but this time the tone is entirely ( Read more... )

doug short, consumer spending, cmigi, consumer confidence, leading indicators

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Comments 2

floundah October 1 2010, 17:27:30 UTC
What Christmas spending? I can't give presents this year. Neither can most of my family.

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cieldumort October 2 2010, 16:33:04 UTC
:(

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