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Author: ayduda Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Consumer spending 'voracious' Date: 4/13/2004 12:31 PM
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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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