Producer Prices & Retail Sales Wild Ride By December! hope you are ready!Submitted by SIERRAHPBT on Wed, 10/15/2008 - 13:05
more stuff to read.. for those of you following the web bots here is more information the full article is below! get ready for some wild rides with the economy in December!!!
After adjusting, finished goods are still up 8.7% year on year, so yeah, that looks to me a lot like a baked-in-the-cake 8.7% inflation rate. So when you see sales falling it isn't JUST because people are cutting back on spending. It's because prices are going up way faster than the 'offishul' prices that come out in the Consumer Price Index
read full article here!