George W Bush 2000

Iraqi consumers appear to be spending more money and gaining confidence in their economy.  LA Times reports the morning Iraqis interviewed around the country generally appeared to be spending more money this year than last year, a possible indication of increased consumer confidence.

LA Times interviewed Iraqi shopkeepers who said recent political milestones had spread optimism about the country's future.

"Business is better than previous years," said Saleh Abed, 34, a Baghdad clothing wholesaler. "Although there is terrorism and the country is going through a very rough time, there is some kind of stability. We have an army. We have police. We have a constitution."