The number of unemployed Americans is nearing 15 million (*note - Even by the admitted calculus of the Atlanta Federal Reserve President, if you use the broadest measure of unemployment, the number of unemployed is at least 24 million, and some economists have it pegged at 30 million) and prospects for the job market remain gloomy. Retailers just reported their 12th straight month of declining sales and many people are buying only what they must.
Power consumption by the industrial and manufacturing companies that make everything from cars to cotton swabs has fallen faster than anywhere else â 10 percent this year by government estimates. Industrial consumption fell about 20 percent in parts of the Midwest, Carolinas and the South during the second quarter, utilities say.
This pullback by some of the biggest energy users in the U.S. may provide a silver lining for millions of people and businesses in the form of declining or flattening utility bills....
http://news.yahoo.com/s/ap/20090905/ap_on_bi_ge/us_power_prices;_ylt=ArfsDPYHA9rHPMpMueuV2sh0fNdF
Power consumption by the industrial and manufacturing companies that make everything from cars to cotton swabs has fallen faster than anywhere else â 10 percent this year by government estimates. Industrial consumption fell about 20 percent in parts of the Midwest, Carolinas and the South during the second quarter, utilities say.
This pullback by some of the biggest energy users in the U.S. may provide a silver lining for millions of people and businesses in the form of declining or flattening utility bills....
http://news.yahoo.com/s/ap/20090905/ap_on_bi_ge/us_power_prices;_ylt=ArfsDPYHA9rHPMpMueuV2sh0fNdF
