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Image Related To: U.S. Economy: Payrolls Decline, Sending Unemployment to 6.1%
New York : NY : USA | about 1 year ago
Sept. 5 (Bloomberg) -- The U.S. lost more jobs than forecast in August and the unemployment rate climbed to a five-year high of 6.1 percent, a sign that the economic slowdown is worsening...
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Graph of Consumer Spending Per Country - USA out of control

Graph of Consumer Spending Per Country - USA out of control

How people spend their discretionary income - on clothing, electronics, recreation, household goods, alcohol - depends a lot on where they live. People living in Japan spend more on recreation than they do on clothing, electronics and household goods combined. Americans spend a lot of money on everything. This shows the power of marketing in USA.


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