The Oddities of the Summer EconomyBy
The summer does weird things to the economy. For one, our work and spending habits change dramatically compared with the rest of the year. As we hit the road for a summer vacation, overall output tends to dip as the number of hours worked drops and spending surges in a few areas such as gasoline, beach towels, and Cherry Coke Slurpees.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Racist Outburst Prompts Faber’s Exit From Three Company Boards
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing