From: "Geo." 

"Wholesale prices rose 0.9 percent last month, more than the 0.6
percent advance analysts expected, the Labor Department reported
Thursday."

http://www.startribune.com/535/story/1247237.html

it basically says for May increased fuel costs have caused everything else
to go up in price. So then you pointed out an article that in may spending
was up 1.4 percent unadjusted for inflation. I'm just giving you the
information so you can make the adjustment and avoid the rose colored
glasses that the writer was wearing.

We aren't in bad shape, but spending in spring should have been up far more
than it was, increased fuel costs sucked up that disposable income.

Geo.

"Gary Britt"  wrote in message
news:46736370$1{at}w3.nls.net...
> Reports out today or yesterday say inflation has been very moderate
> recently which is low considering non-moderate inflation these days would
> be anything above 3 to 4 percent per year.
>
> The economy is doing well.  There are a few rust belt industries in Ohio
> and Michigan that have been slowly on a death march largely due to Union
> excesses of the past 40 years.  The precedents set with the Unions in the
> 60's and 70's were the slow death knell for these industries.  Combine
> that with management screw ups, and they aren't able to compete.
>
> Gary
>
> Geo. wrote:
>> "Gary Britt"  wrote in message
>> news:4670583f$1{at}w3.nls.net...
>>
>>> WASHINGTON (AP) - Consumers brushed off rising gasoline prices and
>>> slumping home sales to storm the malls in May, pushing retail sales up
>>> by the largest amount in 16 months.
>>>
>>> The Commerce Department reported that retail sales surged by 1.4 percent
>>> last month, compared to April, double the increase that analysts had
>>> been expecting. Retail sales had fallen by 0.1 percent in April.
>>
>> Wow, 1.4% of which .9% is inflation. Oh and what are retail sales
>> exactly, is that non-auto sales, you know, all that stuff that
says "made
>> in China"?
>>
>> Geo.

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