Conditions Stable, But for How Long?

November 2004
Convenience Store News;11/22/2004, Vol. 40 Issue 14, p14
Trade Publication
This article presents information that retailers fear rising oil prices which may lead to blue Christmas. After a slight dip in August, 2004 the VNU Retail Index measuring current business conditions rose to 110.8 in September, 2004 the highest it has been since April, 2004. The c-store channel was significantly more positive about the coming six months than other retail channels despite the gasoline prices. Given the slowdown in fiscal and monetary stimulus, the main driver of economic growth and consumer spending will clearly be the jobs data.


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