Americans spend more on Clothing, Furniture and Autos for the sixth straight month, the Commerce Department said Tuesday.
According to the Department Americans have made bigger Purchases in the last months. People tend to go to shopping more instead of going out for lunch, an official said. Still, We spent a record amount of 52 Billion $ over the Thanksgiving Weekend.
American Automakers have also reported strong Sales for October and November, after the Sales have rebounded from the Spring Low (Japan Earthquake). More than 200.000 People found new Jobs in November. The highest Number since 2005.
But Economists fear a plunge in case Europe‛s debt crisis gets worse which makes it harder for American Businesses to expand and would cause a slowing demand for US Exports.