Business is Booming

According to cnn.com 3 out 4 retail businesses reported better than expected September sales. However, if you look at the job loss in the business you would see that about 50% more of jobs are being cut than General Motors and Ford Motor combined.
This is not a good sign for the economy because if business is making more money when they are cutting jobs then it's going to be a downward spiral. Employees that lost there jobs are now without income and aren't reinvesting their salaries back into the economy causing the economy to become weaker. Some of this is still due to Katrina because even though business is opening back up there is still the need for customers as well as employees. Finally another reason for the loss of jobs is possibly there was an over hiring in the retail business and now they are just getting back to normal.