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The City Café

For those interested in sharing ideas and perspectives regarding local government.

We might be turning the corner on the recession. There are now a few indicators that have been positive for the last couple of months. However, consumer spending and retail sales have still been incredibly low. In fact, retail sales during this recession have been lower than any previous recession. Remarkably lower than the last two recessions (1990 and 2001).

retail sales (the great recession)

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