“This time shoppers spent in cash,” says Dr. Benjamin Akande, dean of the George Herbert Walker School of Business & Technology at Webster University. “They spent money they had, not money that they hoped they might get.”
Dean Akande, an economist, who is a regular guest on Fox News helped viewers decipher what the final retail numbers in 2010 mean for the economy. Is it a foreshadowing of good things to come? Watch the full report.