Finance
Beyond the Squiggles in Retail Sales
Our Drunken Sailors may be in a crappy mood, but that doesn’t stop them. By Wolf Richter for WOLF STREET. The big thing – from a data-geek point of view – in today’s retail sales report by the […]
Retail Sales
Finance
These Retail Sales, in Face of Dropping Prices of Goods Retailers Sell, Support Solid Growth in “Real” GDP & Inflation-Adjusted Consumer Spending
By Wolf Richter for WOLF STREET. Our Drunken Sailors, as we lovingly and facetiously have been calling them for over a year, the pillars of the US economy, are still at it, splurging at retailers. Retail sales jumped […]
Zero Edge
Retail Sales & Producer Prices Drop In Feb
With CPI having slapped some macro-sense back into people’s minds after a week focused on SVB’s fallout, this morning’s PPI and Retail Sales data could further that trend – despite Credit Suisse grabbing everyone’s attention […]