Tuesday, February 14, 2006
Is this the "Bush" economy?
Looking pretty good...
CBS MarketWatch reports "U.S. Jan. retail sales rise 2.3% vs. 0.9% expected:
"Retail sales were much more robust than the 0.9% gain anticipated by economists surveyed by MarketWatch. Retail sales excluding autos were also far stronger than the 0.8% expected. See Economic Calendar.
Excluding auto sales, retail sales were the highest since December 1999."
"Excluding gasoline and autos, retail sales rose 1.8% in January, the strongest since March 2004."
"Sales at restaurants and bars rose 3.2%, the biggest gain in five years."
