Pauls Valley, OK, Pauls Valley Democrat

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January 23, 2014

Consumers spending more

NORMAN — Pent-up demand for large-ticket items like automobiles and appliances is driving a mini-spending spree by U.S. and European consumers. Retail sales were up at an annualized pace more than 5 percent in September, October and November.

Economists tell The Associated Press consumer confidence is coming from low interest rates, which enables the purchase of big-ticket items. Inflation remains low, too.

Businesses are picking up on the trend, increasing their purchase of machinery, computers and other equipment. Employment and housing starts also are showing signs of life after several years of dormancy.

Sales of consumer goods are booming in many countries, too. Retail sales spiked in Europe about 1.4 percent, the biggest increase in 12 years.

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Local News
Pauls Valley Sinkhole

A state crew was busy working to repair a large hole in the southbound lane of Chickasaw Street in Pauls Valley. Traffic was diverted around the work site near Joy Avenue during the day.

Sports
Obituaries
  • Luan Adams

    Luan Adams, 77, of Wynnewood was born Oct. 22, 1936 and passed away July 27, 2014.

    July 29, 2014

  • Sybil Leach

    Sybil Fern Leach of Wynnewood, Oklahoma was born to Al Bonnie and Donnie May (Boyd) Vanderburg on December 31, 1916 in Hot Springs, Arkansas and passed from this life on July 28, 2014 in Pauls Valley, Oklahoma at the age of 97 years.

    July 29, 2014

  • Eva L. Dickson Wright

    Eva L. Dickson Wright, passed away July 25, 2014 at her home in Purcell, Oklahoma at the age of 77 years.

    July 29, 2014

  • Francis Leona ‘Chock’ Rutledge

    Francis Leona “Chock” Rutledge, 94, of Lindsay was born Nov. 29, 1919 and passed away July 22, 2014 in Norman, Okla.

    July 25, 2014

Community News
State News
  • Purcell, Lex bridge ready for traffic

    A couple of area communities are likely feeling a collective sense of relief as a normally well traveled bridge is set to reopen this week.

    June 13, 2014

  • Robbery Suspect Search on after bank robbery

    A manhunt is on for a lone man who robbed a Pauls Valley bank early Monday afternoon.

    June 11, 2014 1 Photo

Business
Business Marquee
Entertainment Reviews
Dawn of Apes Poster

Poster for "Dawn of the Planet of the Apes," showing this week at the Royal Twin Theater of Pauls Valley.

  • ‘Dawn of Apes’ takes franchise to best level yet

    Since I’m not rolling in the corporate movie profits and typing from a solid gold i-Pad, you’ll just have to trust me that I’m not being paid off to write so many glowing sequel reviews in recent years.

    July 22, 2014 1 Photo

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