The Washington Independent

Posts Tagged shopping

Consumer Spending Growth Stalls Out as the Rich Close Their Wallets Again

By | 06.23.10 | 2:46 pm

Today, Gallup released a weekly survey of consumer spending — a good metric to keep an eye on, as it accounts for around 60 percent of the U.S. economy. Consumer spending had made gains last month, as high-income Americans returned to malls and restaurants. But more recent More…

‘America Is Not at War’

By | 05.03.10 | 1:01 pm

As Americans shift back to our habit of spending more than we make, a Marine in Ramadi, Iraq, offers a poignant reminder of just who’s making the sacrifices in the nation’s seven-year-old war on terror.

“America is not at war,” reads a handwritten note at a U.S. More…

More Empty Space at the Mall; Life Gets Harder for Bored Teens

By | 01.07.09 | 1:01 pm

The bursting of the retail bubble that we discussed on Monday continues, and at a faster pace than expected. Mall vacancies reached a 10-year high in the fourth quarter of last year, Bloomberg reports. Things are only expected to get worse, according to research firm Reis More…

The Great Black Friday Markdown

By | 11.28.08 | 6:01 am

As another Black Friday rolls around, there’s a feeling of desperation — rather than Christmas — in the air.

Competition among online retailers has turned vicious, with deep discounts and free shipping. That makes a shopping trip to the mall ever harder to justify.

There is another More…