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Jul 21, 2011
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Jun 28, 2011
Jun 28, 2011

Retailers see economy staying tough for shoppers

NEW YORK (Reuters) – High gasoline and food prices and a slow recovery in jobs will continue to weigh on consumers this year, except for those that buy $98 yoga pants and $400 baseball bats, retailers and manufacturers said this week.

U.S. consumer spending was flat for the first time in 10 months in May and consumer confidence fell in June.

Jun 28, 2011

Reuters Summit-Retailers see economy staying tough for shoppers

NEW YORK, June 28 (Reuters) – High gasoline and food prices
and a slow recovery in jobs will continue to weigh on consumers
this year, except for those that buy $98 yoga pants and $400
baseball bats, retailers and manufacturers said this week.

U.S. consumer spending was flat for the first time in 10
months in May and consumer confidence fell in June.
[ID:nN1E75Q0A1] [ID:nN1E75R0H2]

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