Friday, July 20, 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.

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