Tag Archive for Retail Sales

Retail Sales Reports Give Me Gas

It just doesn’t get any more bullish than today’s retail sales report. Or so you would think if you only read the mainstream media reports. “More spending at online stores such as Amazon and electronics and applicance stores boosted retail sales by 0.5% in October, following a strong 1.1% surge in September,” shouted Marketwatch. “Retail…

Retail Sales Reports Right, But For Wrong Reason

Bloomberg got it partly right when taking the gloomy view it reported that, “Retail sales in the U.S. unexpectedly stagnated in August as a lack of employment and limited income growth restrained demand, highlighting the risk the economy will stall.”  Marketwatch took the glass half full approach, saying, “Retail sales were steady in August, as consumers spent…

Retail Bull

The Wall Street media was in a frenzy over the “better than expected” news on retailing from the Commerce Department on Friday. It’s all a matter of  perspective. Yes, the data was up strongly month to month, and yes, it was higher than last November when the economy seized up following the stock market panic,…