|
|
"A comprehensive, collaborative elections resource."
|
Retail sales fall for record fifth straight month
|
|---|
| Parent(s) |
Issue
|
| Contributor | Jason |
| Last Edited | Jason Dec 13, 2008 01:08am |
| Logged |
0
|
| Category | News |
| News Date | Saturday, December 13, 2008 07:00:00 AM UTC0:0 |
| Description | WASHINGTON - Consumers reduced their spending at retail stores again in November while the costs of goods before they reach store shelves also continued to drop, more bad signs in a recession that appears to be deepening.
Businesses also cut their inventories by the largest amount in five years, the government said Friday, a sign the recession will force further cuts in production.
The numbers came as White House spokeswoman Dana Perino said the Bush administration is considering using the Wall Street rescue fund to prevent U.S. automakers from failing. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
