Showing posts with label retail sales. Show all posts
Showing posts with label retail sales. Show all posts
Tuesday, June 17, 2025

Another silly alarmist headline for clicks from CNBC: Retail sales year over year were just fine, up 3.3% in May 2025

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  Retail sales fell 0.9% in May, worse than expected, as consumers pulled back      
Thursday, May 16, 2024

It was all inflation, running at 3.4%: Advance retail sales in April up 3% year over year, but flat from March to April

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You're just shelling out more for the same stuff, not buying new stuff. “Today’s retail sales report reflects a pullback in consumer sp...
Sunday, March 26, 2023

The poor retailers

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  Shrinking food stamp benefits for families mean yet another challenge for retailers
Sunday, July 17, 2022

LOL, nominal retail sales were up 7.7% year over year in Friday's report, but when adjusted for inflation were down 0.5% year over year

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 Put another way, it went up because you're paying more for food and energy, not because you're letting the good times roll. YOU ARE...
Wednesday, July 6, 2022

Legalize mental and mental will trickle down

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Illinois Governor J.B. Pritzker signed a bill into law in June 2019 legalizing the recreational use of cannabis by adults, including retail ...
Friday, August 23, 2019

Correct take: Exuberance about retail (AP) leaves out that consumers are borrowing big to finance it

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Clueless AP article calls US economy resilient when it's been in the rut they fear is coming since 2007

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The compound annual growth rate of real GDP since 2007 has been WORSE than for the same time frame of the Great Depression, yet AP is com...
Friday, April 19, 2019

Real retail in Mar 2019 y/y is growing at less than half the rate it was in Aug 2018

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Friday, December 14, 2018

"Investor confidence cracking" in US, record flight to cash in the last week as China misses on two big measures

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 Uh oh. Record $46 bln pulled from US-based stock funds in a week, according to Lipper: More than $46 billion thundered out of U.S. sto...
Thursday, June 14, 2018

Fake news: Drudge contributes to the false boom narrative

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Drudge links to a Zero Hedge story , which doesn't use the word "boom". But Zero Hedge doesn't get it right, either. I...
Saturday, January 16, 2016

Another Obama achievement: deliberately bankrupting coal companies, destroying jobs and making electricity more expensive

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From the story here at Bloomberg yesterday detailing the coal bankruptcies: Obama has backed tougher limits on carbon dioxide blamed ...
Wednesday, January 14, 2015

"Retail and Food Services Sales" falls 0.94% in December, which is cautionary for GDP

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The drop is not that odd for a December. In December 2007 we had a drop of 0.6%, in December 2008 a drop of 2.5% (part of the big wh...
Friday, May 16, 2014

Warped New York Times views inflation as sign of increased demand

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Nelson D. Schwartz, here : Besides the increase in consumer prices reported on Thursday, data Wednesday on producer prices showed a rise of ...
Monday, April 22, 2013

The New Yorker Magazine Engages In Pure Fantasy About The Underground Economy

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This is your stereotypical New York look-down-your-nose-at-the-rubes dismissal of fly-over country where God, guns and cash deals are the b...
Wednesday, March 13, 2013

Depression In Real Retail Sales Finally Ends, Beats Old 2006 High

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The old high in Dec. 2006 was $180.016 billion. The depression low was $155.927 billion in March 2009, a decline of 13.4% in inflation adjus...
Saturday, December 22, 2012

Real Retail Sales Still Remain Below The 2006 Peak

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Real retail sales still remain below the December 1, 2006 peak of $180.016 billion. The latest report of real retail sales for November 1, 2...
Thursday, November 29, 2012

Real Retail Sales Still Have Not Bested The 2006 Peak

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Data through September 2012, here .
Monday, July 16, 2012

Another Person Notices Declining Savings Fueled Personal Consumption

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Jeffrey Snider here : To maintain the post-recovery muddle required a serious correction in the personal savings rate – from a high of aroun...
Friday, June 15, 2012

Retail Collapses in The Netherlands, Unsold Housing Inventory Nearing Spanish Levels

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So says Ambrose Evans-Pritchard, here : Dutch retail sales collapsed by 11pc in April, even worse than the 9.7pc drop in Spain. (Royal holid...
Monday, November 28, 2011

Consumers Increase Spending in 2011 From Savings and Social Security Tax Holiday

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Net real retail spending looks set to come in up 2.9 percent in 2011 over 2010. Per the data here from the Census. Average monthly retail a...