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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (260692)	7/14/2010 12:00:08 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

It's the proverbial lipstick on a pig dilemma They can't keep covering up the problems with more deficit spending and call it recovery. Problems start at the home No job security, no home, no furnish They had their pop from the tax credit. Now it's back to the grindstone ----- Home furnishings store sales decline 1.1% in June Overall retail sales slip 0.5% from May Furniture Today Staff -- Furniture Today, July 14, 2010 WASHINGTON — The U.S. Commerce Dept. reported June sales at furniture and home furnishings stores fell 1.1% in June from May, and overall retail sales were off 0.5%. According to the report, furniture sales were $7.54 billion for the month, a decrease from $7.63 billion in May, but up from $7.42 billion in sales for the same period a year ago. Overall adjusted U.S. retail and food services sales in June decreased to $360.2 billion from $362.0 billion in May. The decline was worse than many analysts were projecting, according to news reports. Click here to read an Associated Press story.