econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Analyst Says Census Understates Retail Sales Growth

admin by admin
1월 14, 2011
in 미분류
0
0
SHARES
0
VIEWS

Econintersect:  The U.S. Census Bureau reported today that retail sales increased 0.6% from November, seasonally adjusted.  Steven Hansen, an analyst reporting at Global Economic Intersection, says that the monthly increase was actually up much more, as reflected by the unadjusted data.Hansen points out that the year-over-year improvement for December was up more than 8%.  The Census report, using seasonally adjusted data, reports less than 8% improvement (7.9%).

The factor that is emphasized in the Census Bureau report is that December retail sales was the highest ever for the data series.  December was also the only month in 2010 that significantly beat the previous high reading for the same month in past years.  These two factors are pinpointed by Hansen as major positive factors that were not sufficiently highlighted by the Census Bureau report.

Hansen also said that it remains to be seen if there will be any follow through of the new high for retail sales in the coming months.  The inference is that it might have been just holiday exuberance.    

 

Sources:  U.S. Census Bureau and Global Economic Intersection (“Record Breaking December 2010 Retail Sales“)

Previous Post

It Takes Money to Make Money

Next Post

Utilities Drove December Industrial Production Higher

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Utilities Drove December Industrial Production Higher

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect