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URL:  http://boards.fool.com/consumer-spending-voracious-20628971.aspx

Subject:  Consumer spending 'voracious' Date:  4/13/2004  12:31 PM
Author:  ayduda Number:  9914 of 36468

More good news about the US economy:

WASHINGTON - Cash-flush consumers kept shopping counters humming last month, catapulting sales at America's retailers to the highest level in a year.

The Commerce Department reported today that retail sales rose by 1.8 percent in March from the previous month - a much stronger performance than economists were forecasting.



http://www.madison.com/captimes/business/stories/72166.php

Expect to see an increase in the fed funds rate and some increase in short term rates over the next few months.

ayduda
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