In a twist, reluctant consumers still spending big

In a twist, reluctant consumers still spending big

the associated press
Published Aug 30, 2012 05:18PM MDT
New York • This summer, Americans were walking contradictions. They opened their wallets despite escalating fears about the slow economic recovery and surging gas prices. A group of 18 retailers, ranging from discounter Target to department-store chain Macy’s, reported August sales on Thursday that rose 6 percent — the industry’s best performance since March — according to trade group International Council of Shopping Centers. At the same time, the government released numbers showing that Ameri...
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