By  on September 15, 2009

WASHINGTON — Two reports from the federal government on Tuesday indicated an economy on the slow road to recovery, but many potholes still remain.

Retail sales showed signs of life in August as apparel retailers reported small gains, but uncertainty stemming from the economic downturn did not evaporate, as 12-month comparisons were down, the Commerce Department said. Meanwhile, a modest rise in the Labor Department’s Producer Price Index of domestically manufactured goods kept inflationary fears at bay, economists said.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus