by Up a bit, but until permits increase not much chance of home building increasing: Been going from bad to worse: Highlights Redbook’s sample is not pointing to any September improvement for core retail sales. Year-on-year same-store sales rose only 0.2 percent in the September 17 week, about in line with August and noticeably lower than July — two months when the government’s ex-auto ex-gas reading posted 0.1 percent monthly declines. Rates in this report don’t always match those in actual government data which focuses our attention on trends, and the trend for this report is not favorable. Down for reasons previously discussed, and new permits are down as well:
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Up a bit, but until permits increase not much chance of home building increasing:
Been going from bad to worse:
Highlights
Redbook’s sample is not pointing to any September improvement for core retail sales. Year-on-year same-store sales rose only 0.2 percent in the September 17 week, about in line with August and noticeably lower than July — two months when the government’s ex-auto ex-gas reading posted 0.1 percent monthly declines. Rates in this report don’t always match those in actual government data which focuses our attention on trends, and the trend for this report is not favorable.
Down for reasons previously discussed, and new permits are down as well:
