Weekly unemployment claims are at 351,000 and the national unemployment rate is at 8.3% which continues to help new and used auto part retailers. Although the unemployment rate has dropped for five consecutive months consumers are still attempting to cut back on big ticket items. Rather than going out and buying a brand new...
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Since July of 2007 home prices have dipped in almost every region of Florida. Zillow.com reports that average home prices in the southern state have stabilized in the last several months. When comparing December 2011 to November of 2011 prices have seen a slight increase of 0.1%. Although this is not a big number...
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In the month of January 2012 consumers spent more money on electronics, sporting goods, and home & garden supplies at department and small and large format general merchandise stores. Data also showed that consumers spent more at restaurants and bars. The retail sales report is the first economic indicator that investors get to see...
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