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Housing Slump in Florida is Starting to Slow Consumer Spending

October 7th, 2007 · 2 Comments

Margaret Brennan CNBCThe housing slump in Florida is now slowing consumer spending according to a report by Margaret Brennan of CNBC on October 2, 2007. She reports a rising unemployment rate mainly in the housing sector is causing the slowdown. Numerous major retailers such as Target, Macy’s, Wal Mart, Home Depot, Lowes, and Winn Dixie are reporting Florida to be the worst state for sales. Here is the link to the VIDEO from CNBC.

Tags: Market Forecast · Market Statistics

2 responses so far ↓

  • 1 Bill // Jun 24, 2008 at 6:01 pm

    Margaret M. Brennan is one FOXY lady. I’ve been reading about her accomplishments and apparently her gorgeousness (major gorgeousity going on here guys!!!) is outweighed only by her brains. What a smile!

  • 2 Javahead // Jul 25, 2008 at 1:00 pm

    right on Bill. and people think I watch cnbc for the news. ha!