Bill Losey’s Weekly Economic Update for September 15, 2014
Monday, September 15th, 2014
SUMMER SPENDING SPREE LIFTS RETAIL SALES
They increased 0.6% in August, easing some anxieties about a possible slowdown in personal spending. Core retail sales (which exclude auto, gas, food, and home improvement purchases and more closely match the consumer spending aspect of GDP) improved 0.4% last month, and were up 4.1% year-over-year. The Commerce Department also revised July’s headline retail sales gain up to 0.3%.
CONSUMER SENTIMENT HITS A 14-MONTH PEAK
At a reading of 84.6, September’s preliminary Thomson Reuters/University of Michigan consumer sentiment index was 2.1 points above its final mark for …
Retirement Financial Planner Bill Losey Offers Smart Ways To Spend Your Tax Refund
Wednesday, April 9th, 2014
Bill Losey, America’s Retirement Strategist®, has just published a new blog providing several great ways to spend your 2013 tax refund.
Saratoga Springs, NY – April 9, 2014 – Bill Losey, Retirement Intelligence publisher and Retirement Advisor, recently published a blog about prudent ways to spend your tax refund, if one is due to you. The blog found on his website http://www.BillLosey.com, is titled “17 Ways To Spend Your 2013 Tax Refund”
Bill writes, “Last year, the average federal tax refund was $2,744. That’s a nice chunk of change – …