US retail sales, eurozone industrial production fall

Wednesday brought yet more gloomy economic data. Bloomberg reports that US consumers are cutting back on spending. Sales at U.S ... of credit led Americans to cut back on everything from car purchases to eating out. The 2.7 percent slump ... . The decline in purchases and lack of credit caused a further weakening in the economy across almost all areas [more...]

Date: 2009-01-15 00:21:48

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