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January retail sales: once or so a year, it lays an egg. This was one time

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[unable to retrieve full-text content] – by New Deal democrat It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator that a recession is near. That’s because that same 75-year […] The post January retail sales: once or so a year, it lays an egg. This was one time appeared first on Angry Bear.

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[unable to retrieve full-text content]

 – by New Deal democrat It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator that a recession is near. That’s because that same 75-year […]

The post January retail sales: once or so a year, it lays an egg. This was one time appeared first on Angry Bear.

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