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August retail sales up 0.4 pct., best in 5 months

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Real Estate Agent with Re/Max 100

August retail sales up 0.4 pct., best in 5 months

http://www.comcast.net/articles/finance/20100914/US.Economy/

 

I am optimistic that things are getting better in the economy which means it will get better in real estate for us. We have to be hopeful to survive.

Even with the sales rebound in July and August, economists expect 2 percent growth in the second half of this year. That would be better than the 1.6 percent growth rate in the April-to-June quarter. But it would be well below the January-to-March quarter's 3.7 percent growth rate and not enough to lower the 9.6 percent unemployment rate.

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Regards,  

Indera Coggins(R)
Certified Distressed Property Expert
301-481-0787 (cell)
410-423-1753 (fax)
inderac@gmail.com
www.inderacoggins.com