Joined: Sun Apr 07, 2002 1:01 am Posts: 8342 Location: Bethesda, Md.
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The national economy came to a near-halt at the end of 2002 as wary consumers — worried about their jobs, investments and the prospect of war — slowed their spending. (Newsday)<p> WASHINGTON — The economy faltered in the final quarter of last year as consumers — nervous about a war with Iraq and their own job prospects and stock portfolios — turned cautious and increased their spending by the smallest amount in nearly a decade. (AP)<p>***I can't seem to find any evidence in support of the claim that "consumers" put off any purchases because of impending war. "Honey, let's wait a while on that new refrigerator till we see what that Saddam fellow does." Maybe reservists, but they don't make "economic trends."***<p>[ January 30, 2003: Message edited by: blanp ]</p>
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