Monthly Archives: December 2011

Jobs Make Steady Gains as Retailers Ramp-Up Hiring, Further Reducing Recession Risk

December 5, 2011 Consumer spending displayed surprising resilience in October, with retail sales posting strong gains. The pace of spending slowed from September’s more robust numbers, but did not suggest broad-based weakening. Retail sales recorded gains for the fifth consecutive month and follow on the heels of solid GDP numbers, which reflect robust business investment […]