HURRICANE SANDY BLAMED FOR DECLINE
Retail sales in the United States slipped by 0.3 percent in October, the U.S. Commerce Department announced this week. This decline – which was attributed to Hurricane Sandy – comes on the heels of a 1.3 percent increase in retail sales in September.
October’s slippage comes as analysts are making their predictions for the 2012 holiday season. At this point, most projections are calling for 2-4 percent year-to-year growth in holiday shopping – which was up by 3.7 percent in 2011.
The bad news? Retail hiring is expected to expand by only 0.4 percent during the fourth quarter of this year, according to estimates from the International Council of Shopping Centers. That’s yet another sign of our nation’s jobless recovery.
One company that has an exceedingly bright outlook for the holidays is Apple. The California-based gadget-maker is expected to move nearly 50 million iPhones during the fourth quarter of this year despite an effective advertising campaign from smart phone rival Samsung.
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2 comments
Obama’s plan to Choke Coal, stop oil drilling and regulate us into the ignorance of so-called “green” energy is a recipe for Depression..Remember: He’ll just double-down on the Keystone Pipeline…
And guess what: This ignorant Son of a B!*ch you elected King, does not care if your lily white little kids suffer or if you can’t afford maintenence in the cul-d-sac…or if the landscaping company goes bankrupt…
But all the “open-minded” leftist Racists in Ohio, Mich and the palm beach housewives feel good because they put a black, they worship, back in the White House…Da*n the common (traditional) family…
I’ve been where a dirty B@$tard like Obnama will take you…so it ain’t foreign to me…
But for the Fools who grew up w/ liberal mommy and daddy preaching Race-Bait Hate, and Obama is Exalted…it will be a ‘Long December’ (my apologies to the highly talented, but politically illiterate Adam Durtz.
You asked for him…and sadly for America, God will give you what you want…
God help us…
You are still here? really after making a total asshole of yourself for over a year calling people names..telling them how stupid they are and how you guaranteed a Bachman, Perry, Gingrich, Cain and then a Romney victory..you told us how you would laugh at us and be proven right..the only thing you proved, which you have done over and over again is what a total clueless ignorant asshole you are. You are the reason Obama won..you and those like you. Those small minded racist fucks.. Thank you..you fucking idiot..thank you. America saw what those of your kind proposed and shot it down. Thanks again ignorant one.