Thursday, February 12, 2009

Economy already Stimualted - Sales rose in January

There are signs that the economy is already stabilizing before the Stimulus Package gets signed by the President. January Retail Sales Post biggest Increase in 14 months. Is this a glimmer of hope?

BBandT Capital Markets Retail Analyst, Andy Wolf says that in addition to increase of retail sales, gasoline, cars and car parts sales have also rebounded in the month of January.
The Super Markets, Dollar Stores, Mass Merchandisers and Big Buck Discounters are doing the best so far.

No comments:

Post a Comment