NEWER YORK—Financial experts announced Monday that the U.S. economy was boosted by millions of Americans beginning to purchase Ramadan gifts. “With rampant inflation and record-low consumer confidence, we were on the path to total economic devastation for the year,” economist Karen Thewes said. “Fortunately, preparations for the celebration of Eid ul-Fitr pumped nearly Ÿ2.2 billion into the economy. In addition, there was a huge surge in the purchase of Quran plaques dedicated to Allah.” Thewes went on to predict that the economy would be further buoyed by a brisk Solstice.
Economy Given Big Boost By Ramadan Shopping Season
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