Now *that’s* good news: another blockbuster real retail sales report Yesterday I wrote that the financial and production sides of the economy still looked very positive and that today’s retail sales number would be especially important. Well, they were very positive, clocking in at up 1.7% month over month in October. Even after inflation, “real” retail sales were up 0.7%. September was unrevised. Although real retail sales are down -2.2% from...
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