Economy News

Posted on February 20, 2008 No Comments

For those of you interested in keeping tabs on the economy, here’s some info courtesy of the Chicago Tribune Biz Wrap and Kiplinger.com:

Consumer prices higher than expected in January
and Salary increases aren’t keeping up with the rising prices and inflation, leading Consumers to cut back on spending.

Meanwhile, The housing gap could widen between the haves and have nots, as The Fed lowers expectations for 2008.

Hmmm … It’s probably a good thing then that I continue to pump my money into the economy on clothes, shoes, video games, travel and technology, then… anybody want to invest in my stock? LOL! (Clearly just kidding on the “good thing” comment!)

To subscribe to the Tribune’s Biz Wrap, click here.

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