Newsly

Economy

November 18, 2007 · Leave a Comment

ECONOMY

Mortgage troubles, credit woes, soaring gas prices, and continued inflation of the U.S. dollar continue to trouble the economy.  Gas is expected to jump $.22 per gallon at the pump, as the price per barrel skyrockets to nearly $100.  Product recalls have put a dent into product and retailer revenue.  Lead paint discovered in beloved toys, and the ‘date rape drug’ found in the popular ‘Aqua Dots’ craft.  These issues have many Americans questioning if the country is going into a recession.

Categories: Economy

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