Retail Sales Increase modestly!

[owsik11]

According to Commerce Department report retail sales increase modestly only 0.2 percent in March after a 0.5 percent decline in Febuary, gain in March as a consumer confront multiple problems! but this is not happy moment to purchase items. Consumers are not happy because of credit crunch, rising energy and food costs , housing slump so the good advice is stay away from malls in next quarter!. People are paying more in credit card interest rate, and more seeking for bankrupcy, rising energy cost killing us as consumer because we have to pay $120 more everymonth for energy!, I will not complain about housing slamp because housing slamp are high! very high! 26% less sale in housing since January 2008 price in housing market also dip drasticly 7 % from the beginig of the year so average housing price also drop
and to add oil to fire Consumer confidence plunged to the lowest reading in 26years in early April!!! Recession is comming soon! be prepare save money stop spending dont live above your mean!

[pranith]

generally the retail sales increases modestly in march the increase is about 0.2 percent ,
0.5 decline in February.I think recession will come soon if government will not do anything to fight with financial crisis and huge inflation..