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Thursday, July 26, 2012

Ten Pieces of Bad Economic News the Media's Ignoring

Ten Pieces of Bad Economic News the Media's Ignoring: "1. Weekly jobless claims shot up to 386,000.

2. Foreclosures are hitting our most vulnerable citizens.

3. Factory activity contracted for a second month in a row.

4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.

5. Retail sales dropped for the third straight month.

6. Consumer confidence dipped to 84.7.

7. U.S. business inventories increased by .3%...

8. …sales dropped .1%.

9. Food prices are skyrocketing.

10. More Americans are getting federal disability than jobs."

'via Blog this'

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