Tag Archives: retail sales

April 2013 Business Inventories and Sales Show Improvement

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for April 2013 is better than the headline data. the three month rolling average of business sales with this month’s data is continuing to … Continue reading

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Retail Sales Again Stronger than Expected in May 2013

Written by Steven Hansen Retail sales came in for the second month in a row stronger than anticipated. both Econintersect’s and the headline analysis were similar this month; the headline numbers show backward revisions were slightly downward – however this … Continue reading

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Durable Goods Orders Still Decelerating Despite Fed Money Printing

by Lee Adler, Wall Street Examiner New orders for manufactured durable goods in April increased $7.2 billion or 3.3 percent to $222.6 billion, the U.S. Census Bureau announced today. This increase, up two of the last three months, followed a … Continue reading

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Retail Sales Stay Right on Trend but Economists Get It Wrong Again

by Lee Adler, Wall Street Examiner Retail sales grew modestly and on trend in April. There was no evidence of either a slowing economy or one that is overheating and about to cause conventional inflation measures to move higher. At … Continue reading

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March 2013 Business Inventories and Sales Continues to Show Little Improvement

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for March 2013 is closer to the headline data. business sales with this month’s data is continuing to trend less good (positive growth, slower … Continue reading

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Retail Sales Stronger than Expected in April 2013

Written by Steven Hansen Retail sales came in much stronger than anticipated. the unadjusted data was stronger than the seasonally adjusted data this month; the headline numbers show backward revisions were slightly upward; the weakness in the data was gasoline … Continue reading

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March Factory Order Rebound Doesn’t Change Dismal Trend

by Lee Adler, Wall Street Examiner New factory orders (actual, adjusted for inflation and not seasonally adjusted), which is a broader measure than durable goods orders because it includes non-durables, dropped 3.3% on a year to year basis in March. … Continue reading

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Durable Goods Orders Show US Manufacturing Continuing Secular Decline

by Lee Adler, Wall Street Examiner New orders for manufactured durable goods in March decreased $13.1 billion or 5.7 percent to $216.3 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a … Continue reading

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Retail Sales Rebound in March after Weak January-February

by Lee Adler, Wall Street Examiner The headlines and mainstream media stories on retail sales were hysterical and misleading as usual, thanks again to screwy, fictitious seasonally adjusted data.  “Retail Sales in U.S. Dropped in March by Most in Nine … Continue reading

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February 2013 Business Inventories and Sales A Nasty Data Point

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for February 2013 is much worse than the headline data. business sales with this month’s data is trending less good (positive growth, slower rate … Continue reading

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Retail Sales Again Were Terrible in March 2013

Written by Steven Hansen Retail sales were terrible – headlines which says sales were down marginally.  Our analysis also points to terrible retail sales. using unadjusted data – inflation adjusted sales actually contracted year-over-year for the second month in a … Continue reading

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Factory Data Shows US Manufacturing Dead In The Water As Headlines Mislead

by Lee Adler, Wall Street Examiner The headlines today blared of a 3% increase in factory orders in February, completely obscuring the truth of just how bad the US manufacturing trend is. The real story lies in the fact that … Continue reading

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Reflation and Expenditure Switching in a Two Speed World

by Menzie Chinn, Econbrowser.com This appeared originally at Econbrowser, 25 March 2013. Illustration above added by Econintersect. Chairman Bernanke says it all From a speech today by Fed Chair Ben Bernanke, at the LSE:

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The Economy Is Improving – Really?

Written by Steven Hansen The Federal Reserve’s FOMC believes the economy’s rate of expansion is improving.  It is not that the economy MAY be expanding at a faster rate – but the evidence is mixed to negative at this point.  … Continue reading

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Consumers: Past, Present and Future

by Rick Davis, Consumer Metrics Institute Click on graph for larger image of calendar year 2012 chart. When we last looked back at our data for US consumer behavior for the end of 2012, we included comments on two phenomena … Continue reading

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Business Inventories and Sales Improve in January 2013

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for January 2013 is better than the headline data. business sales now seem to be flat (rate of growth unchanged). The inventory levels are … Continue reading

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Retail Sales Were Terrible in February 2013

Written by Steven Hansen Do not read this if you do not like contrary news.  Retail sales were terrible despite headlines which says sales were strong. using unadjusted data – inflation adjusted sales actually contracted year-over-year; the headline numbers show … Continue reading

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Real Retail Sales Rising On Trend, But Rising Gas Prices Could Crimp Soon

by Lee Adler, Wall Street Examiner Retail Sales rose by 0.1% in January (month to month) and were up 4.4% annually, according to the Commerce Department’s January Advance Retail Sales Report. Those are seasonally adjusted idealized estimates. Neither figure is … Continue reading

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Business Inventories and Sales Mixed in December 2013

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for December 2012 is worse than the headline data. business sales remain in a long term downtrend. The inventory levels are not sending any … Continue reading

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Retail Sales Are Relatively Strong in January 2013

Written by Steven Hansen Advance Retail Sales was positive in January 2013. The headlines say retail was up marginally this month, but Econintersect‘s analysis is much better than the headline data. there were general strengths across most categories with sporting … Continue reading

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