calculatedrisk.blogspot.com - 12/12/2008
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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 differences, but not for price changes, were $355.7 ...
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retail sales collapse
Decline and Fall of Western Civilization —
per calculated risk. the chart here is provided by the bank credit analyst, which i prefer as it dates back to the 1981-82 period. but CR well notes: Although the Census Bureau reported that nominal retail sales decreased 8.4% year-over-year (retail and food services decreased 7.4%), real retail sales declined by 10.1% (on a YoY basis). This is the largest YoY decline since the Census Bureau started keeping data. the rate of inflation in 1982 as measured by CPI had already subsided to 4% under paul volcker's tenure at the ...
Picked the Wrong Week to Give Up...
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
Calculated Risk:
Calculated Risk: Retail Sales Off Sharply in November: 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 differences, but not for price changes, were $355.7 billion, a decrease of 1.8 percent from the previous month and 7.4 percent below November 2007. Total sales for the September through November 2008 period were down ...
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RETAIL SALES REPORT
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