Posted on 08/12/2011 9:26:34 AM PDT by Free Vulcan
WASHINGTON (MarketWatch) — Consumers spent more money in July on a wide variety of goods, marking the biggest one-month increase in retail sales since the spring.
Retail sales rose a seasonally adjusted 0.5% last month, the largest increase since April, the Commerce Department said Friday. Economists surveyed by MarketWatch had expected sales to increase 0.7% overall.
(Excerpt) Read more at marketwatch.com ...
I am buying, just because I expect prices to go up.
Stocking up now since there has been a slight dip in prices recently.
Aren’t these just government figures put out by Barry’s kids in the Obama regime. There does seem to be a lot of “Fun With Numbers” going on out there since Barry’s poll numbers are in the toilet.
I’m buying....strictly sales or necessities.
Yes, obviously there isn’t much point in buying something you don’t need. Unless you are a Democrat.
So, does this mean they purchased more goods or that they spent more devalued dollars on the same or less amount of goods?
Back to School Supplies.
BINGO!
"U.S. consumer credit shot up in June by $15.53 billion, according to a Federal Reserve report on Friday that showed consumers were willing to keep borrowing robustly in a tight job market."
"It was the biggest one-month gain in consumer credit in nearly four years, since a $17.29 billion jump in August 2007."
http://www.reuters.com/article/2011/08/05/us-usa-economy-credit-idUSTRE77462F20110805
record sales of ammo and MRE’s?
BWAHAHA! Yeah probably!
Wow. All the back to school stuff went out on the floors in July. All the paper, pens, backpacks, mini refrigerators, dorm room decor, and magic markers. Gosh, I wonder why July sales would be up?
With the end of summer nearing, they may be spending their
vacation money on goods rather than travel.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.