How Much of Today is Recognition of Retail Sales?
Today’s retail sales reading of -1.2% was well below expectations and a shade lower than my mental over/under of (1%) The September slump in spending shouldn’t be surprising to most, and many economists would have changed their old estimates more than they had prior if their egos weren’t so rooted in tradition.
So it’s essentially a [...]
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Retail Sales Plummet In October
(Contrarian Profits, 11/14/08)
Retail Sales Down 2.8% in October
(naked capitalism, 11/14/08)
Retail Sales Front Dominate During A Relatively Quiet Week
(Contrarian Profits, 11/10/08)
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