Independent journal on economy and transport policy
08:34 GMT+2
Record trade deficit can't slow consumer spending
(The Nando Times)
September 14, 1999
By Martin Crutsinger
WASHINGTON (September 14, 1999 5:06 p.m. EDT) - America's trade deficit soared to another record high, but the overall economy remained on course as consumers continued a buying binge in August.
The Commerce Department reported Tuesday that retail sales jumped 1.2 percent last month, the biggest increase in six months, as consumers snapped ...... Read more on The Nando Times
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