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Consumer Spending Dipped In October; Superstorm Sandy Blamed

The economic effects of Superstorm Sandy continue to be felt. According to the Bureau of Economic Analysis, consumer spending edged down 0.2 percent in October from September, and personal income dipped 0.1 percent.

As Bloomberg News says, "Sandy kept some in the Northeast from getting to work or from shopping at malls and car dealerships."

Economist Chris Christopher at IHS Global Insight tells Bloomberg that "holiday sales will be a little weaker than we originally thought" because Sandy "took out some of the momentum."

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Me-Tea-Morphosis: Tea Bags Get Second Life As Works Of Art

Artists are reinventing the humble tea bag, letting its contents and simple shape and color shine in beautiful, fragile art. Some are even farming out the tea drinking to get to the used bags.
NPR

Me-Tea-Morphosis: Tea Bags Get Second Life As Works Of Art

Artists are reinventing the humble tea bag, letting its contents and simple shape and color shine in beautiful, fragile art. Some are even farming out the tea drinking to get to the used bags.
NPR

Political Campaigns Go Social, But Email Is Still King

Campaigns are Periscoping, Tweeting, Facebooking, Snapchatting and Instagramming. But campaigns and strategists say the biggest bang comes from new ways of using the ol' email list.
NPR

Political Campaigns Go Social, But Email Is Still King

Campaigns are Periscoping, Tweeting, Facebooking, Snapchatting and Instagramming. But campaigns and strategists say the biggest bang comes from new ways of using the ol' email list.

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