Why Main Street Isn’t on Easy Street

Why Main Street Isnt on Easy Street

Big business is still booming; small business is still cautious. Step back just a moment from the hand-wringing over the outlook for consumer spending – today’s retail sales figures suggest consumers are coping quite well, thank you, with higher gas prices and payroll taxes – and consider where corporate America is: Operating earnings per share for the S&P 500 companies totaled $23.14 for the fourth quarter of 2012, according to Howard Silverblatt of S&P Dow Jones Indices, who notes that his figures are actually lower than those from other trackers primarily because of ... read more

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