econbrowser.com - 11/16/2008
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Here's a picture of 12-month percentage changes in real retail sales. Certainly unprecedented for the current series, not so much when including the previous (more volatile) discontinued series -- although you do have to go back to 1980 to see a bigger 12-month drop.
Figure 1: 12 month ...
calculatedrisk.blogspot.com - 11/14/2008
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calculatedrisk.blogspot.com —
The Census Bureau reports that retail sales collapsed
in October: The U.S. Census Bureau announced today that...
advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day ...
(more)
Retail Sales Collapse in October
ft.com - 11/11/2008
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ft.com —
High street sales suffered their sharpest annual fall
in nearly four years in October and home purchases...
fell to a record low, two authoritative reports will show on Tuesday, in a further sign of the UK economy’s deepening woes. The surveys, from the ...
(more)
FT.com / UK / Society - Plunge in UK retail sales and ...
bloomberg.com - 11/14/2008
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bloomberg.com —
Nov. 14 (Bloomberg) -- Retail sales in the
U.S. dropped in October by the most on record,...
pushing the economy toward the worst slump in decades. The 2.8 percent decrease was the fourth consecutive drop and the biggest since records began in 1992, the ...
(more)
U.S. Retail Sales Drop in October by Most on Record ...
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Sunday links: risk is on sale
Abnormal Returns —
... whose purpose is to buy preferred stock on overly generous terms..in order to shore up banks and bank-like institutions…” (The Baseline Scenario)
Now that’s an earnings miss. (The Balance Sheet, Dealbreaker)
Euroland is officially in a recession. (WSJ.com)
A decline in real retail sales not seen since 1980. (Econbrowser)
“Capitalism wants only three or four ...
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Retail Sales Off Sharply in November
calculatedrisk.blogspot.com 12/12/2008 — The Census Bureau reports that retail sales collapsed in October: The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for November, adjusted for seasonal variation and holiday and trading-day ...
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