Archives for: June 2008, 13

06/13/08

Permalink 07:15:07 am, Categories: Sales and Marketing, Juicy News From The World Of Business 218 words  

US Retail Sales On The Rise

Some really good news this past week for American retailers as May sales rise to their highest level in over 6 months. Perhaps the US economy is not as bad as we were thinking it was going to be?

Here is a snippet of the good news article from the BBC:

US retail sales climbed by the largest amount in six months during May after spending was helped by tax rebates.

Sales rose by a better-than-expected 1% in May, the Commerce Department said, the largest rise since November.

It also said April's figure had been revised up to a rise of 0.4% against the previous estimate of a 0.2% fall.

Economists said the rise indicated that the economy had been given a boost by the stimulus package under which millions of Americans got tax rebates.

Full BBC Article Here

Shout out to my American peeps! What are your thoughts on the tax rebates? Do you think they were a good thing? Could the government have done better? Did you use your rebate to purchase items that you might not have considered purchasing otherwise?

Have a great weekend everyone! And do not forget you have only two more shopping days at the time of my typing this entry to pick-up a gift for Father's Day, which is this coming Sunday!

Cheers!
Sue
XOX


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