Monday, May 17, 2004
Retail Sales Down, Producer Prices Up: "the government said retail sales slowed in April as consumers cut back on car and clothing purchases. But economists had expected the slowdown, given a big jump in March sales.
Rising global demand, particularly from China, has fueled the oil market's rise. But so too have concerns in the United States that difficult-to-manufacture clean-burning gasoline blends are likely to be in short supply this summer, and at higher prices."
Rising global demand, particularly from China, has fueled the oil market's rise. But so too have concerns in the United States that difficult-to-manufacture clean-burning gasoline blends are likely to be in short supply this summer, and at higher prices."
