Behind them. Closing the gap. Why the Great Recession prompted an increase in the number of women to take control of their money and become more financially secure. All that and more tonight on nightly Business Report. Good evening, everyone. Fresh worries today about Consumer Spending and the outlook for the u. S. Economy. Retail sales in june were a big disappointment. They notched up just a fraction. Much less than forecast. Sales of gasoline, clothing, furniture, new cars and trucks were strong, but sales of building materials, computer and other electronics disappointed. And americans dined out a lot less often. Thats a troubling sign that consumers are getting stingy about spending. Adding to the worries, new reports showing a slowdown in chinas economy. Its no wonder economists are now recalculating Growth Numbers for the u. S. Over the last quarter. One of them is calling for skimpy gdp growth of less than 1 . There are more indicators of Economic Growth that saw a lot of movem
Increasing as well. Its likely gasoline prices may continue to increase over the next several days and possibly the next couple weeks. Why . Two main reasons, uncertainty in egypt a jump in demand. Even more than usual for the summer driving season. What were seeing right now certainly is not the norm for the summer driving season. In recent years there hasnt been much of a norm when it comes to prices in the summer anyway, theyve been all over the place. Like housing, gas is all about location, location, location. And a socalled heat map from gasbuddy. Com are getting red where prices are close to 4 a gallon. They show how much the price varies. The price also reflects gas taxes, in california theyve reached a record 72 cents a gallon, they went up this month because californians are either driving less or driving more fuel efficient cars and the states not making enough money. Which especially hurts when you own a car service. Danny is spending as much as 600 a week on gas, while cut
Money and become more financially secure. All that and more tonight on nightly Business Report. Good evening, everyone. Fresh worries today about Consumer Spending and the outlook for the u. S. Economy. Retail sales in june were a big disappointment. They notched up just a fraction. Much less than forecast. Sales of gasoline, clothing, furniture, new cars and trucks were strong, but sales of building materials, computer and other electronics disappointed. And americans dined out a lot less often. Thats a troubling sign that consumers are getting stingy about spending. Adding to the worries, new reports showing a slowdown in chinas economy. Its no wonder economists are now recalculating Growth Numbers for the u. S. Over the last quarter. One of them is calling for skimpy gdp growth of less than 1 . There are more indicators of Economic Growth that saw a lot of movement today, oil and gasoline prices both moving higher again. Crude closed above 106 a barrel today, with no sign of letting
Money and become more financially secure. All that and more tonight on nightly Business Report. Good evening, everyone. Fresh worries today about Consumer Spending and the outlook for the u. S. Economy. Retail sales in june were a big disappointment. They notched up just a fraction. Much less than forecast. Sales of gasoline, clothing, furniture, new cars and trucks were strong, but sales of building materials, computer and other electronics disappointed. And americans dined out a lot less often. Thats a troubling sign that consumers are getting stingy about spending. Adding to the worries, new reports showing a slowdown in chinas economy. Its no wonder economists are now recalculating Growth Numbers for the u. S. Over the last quarter. One of them is calling for skimpy gdp growth of less than 1 . There are more indicators of Economic Growth that saw a lot of movement today, oil and gasoline prices both moving higher again. Crude closed above 106 a barrel today, with no sign of letting
Behind them. Closing the gap. Why the Great Recession prompted an increase in the number of women to take control of their money and become more financially secure. All that and more tonight on nightly Business Report. Good evening, everyone. Fresh worries today about Consumer Spending and the outlook for the u. S. Economy. Retail sales in june were a big disappointment. They notched up just a fraction. Much less than forecast. Sales of gasoline, clothing, furniture, new cars and trucks were strong, but sales of building materials, computer and other electronics disappointed. And americans dined out a lot less often. Thats a troubling sign that consumers are getting stingy about spending. Adding to the worries, new reports showing a slowdown in chinas economy. Its no wonder economists are now recalculating Growth Numbers for the u. S. Over the last quarter. One of them is calling for skimpy gdp growth of less than 1 . There are more indicators of Economic Growth that saw a lot of movem