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Tag Archives: Retail sales

July real retail sales show more stagnation, but slightly positive YoY

July real retail sales show more stagnation, but slightly positive YoY Consumption leads employment. Increasing demand for goods and services leads employers to hire more people to fulfill that demand. That, in a nutshell, is the biggest reason why real retail sales is one of my favorite economic indicators. In July, nominal retail sales increased by less than 0.1%, rounding to 0. Consumer prices declined by less than -0.1%, also rounding...

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March and April’s retail sales Revised Higher

RJS, MarketWatch 666 Summary: Retail Sales Rose 0.9% in April after March Sales Revised 0.9% Higher Seasonally adjusted retail sales rose 0.9% in April, after retail sales March were revised 0.9% higher, while sales for February were revised a bit lower . . . the Advance Retail Sales Report for April (pdf) from the Census Bureau estimated that our seasonally adjusted retail and food services sales totaled a record high $677.7 billion...

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Thinking Caps On – Grab a Coffee – Sales/Trading Commentary

From: JJ LANDOAt: May 14 2013 07:41:14 Consider the following thought experiment. These are the scenarios:A. The Treasury decides that it will fund itself 30% more in Overnight Bills and reduce issuance across the curve.B. The Fed announces it will increase QE by 30% (it will remit the net income of this activity back to the Treasury like taxes)C. Congress announces a new tax on all passive income from USTs, to holders both at home and abroad (ie Central Banks), for all...

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Real retail sales declined in November, but continue to auger well for strong jobs growth

Real retail sales declined in November, but continue to auger well for strong jobs growth, New Deal Democrat Retail sales, one of my favorite “real” economic indicators, were reported this morning for November. They increased 0.3% for the month, and October’s blockbuster report was revised 0.1% higher, to +1.8%. After inflation, though, “real” retail sales declined  -0.5%.  Although real retail sales are down -2.6% from their April peak, they...

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Retail Sales Up 1.7% in October, August and September Revised Higher

MarketWatch 666 Blogger RJS on the macroeconomic implications of retail sales, estimates the impact of retail sales on GDP. Retail Sales Rose 1.7% in October after August & September Sales Were Revised Higher Seasonally adjusted retail sales increased 1.7% in October after retail sales for August and September were revised higher…the Advance Retail Sales Report for October (pdf) from the Census Bureau estimated that seasonally adjusted...

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August retail sales rebound slightly, argue for continued strong jobs growth in autumn

August retail sales rebound slightly, argue for continued strong jobs growth in autumn Let’s take a look at retail sales, which are perhaps my favorite monthly economic indicator, since they tell us so much about average consumer behavior, and are also a good short leading indicator for jobs.Nominally retail sales increased 0.7% for August, after a -0.6% downward revision to -1.7% for July.  Since consumer prices rose 0.3% in August, real...

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July industrial production (good news) and retail sales (still being pretty good news)

July industrial production (good news) and retail sales (bad news still being pretty good news)  – by New Deal democrat This morning brought the July report for the King of Coincident Indicators, industrial production, as well as one of my favorite consumer side indicators, retail sales. Let’s take a look at each. Industrial sales increased strongly in July, up 0.9% overall, and the manufacturing component up 1.4%. Manufacturing production...

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June retail sales decline after taking inflation into account, but overall pandemic gains “stick”

June retail sales decline after taking inflation into account, but overall pandemic gains “stick” As usual, retail sales is one of my favorite indicators, because it gives us so much information about the consumer economy.  The news for June was mixed. Nominally retail sales were up +0.6% for the month. But after taking into account consumer inflation, real retail sales declined -0.3%. Still, nominal retail sales are up over 18% since just...

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May retail sales decline, but 10%+ gain in retail sales since the onset of the pandemic remains intact

May retail sales decline, but 10%+ gain in retail sales since the onset of the pandemic remains intact [Note: I’ll comment on industrial production in a separate post later]I feel like I could simply repost my retail sales piece from one month ago, because the story is the same: at first glance, May’s retail sales report, like April’s, looks like a big miss, as sales declined -1.3% nominally, and after adjusting for inflation, declined...

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April retail sales “disappoint,” but maintain almost all of March’s surge

April retail sales “disappoint,” but maintain almost all of March’s surge [Note: I’ll comment on industrial production in a separate post later]At first glance, April’s retail sales report looks like another Big Miss. Nominally (blue) sales increased less than 0.1% (rounded to unchanged). Adjusted for inflation (red), they declined -0.7%: But the important point is that the big jump in March didn’t get taken back.  As I wrote last month:...

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