Retail Sales Not As Bad As They Said, On the Other Hand, They Were Worse

On the surface, the January retail sales report released on February 13 doesn’t look so bad, in spite of the hysterical headlines about the big “miss” because of January’s bad weather. Street economists had a consensus guess that the seasonally adjusted headline number would be unchanged from December.

December 2013 Business Inventories and Sales Improve

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for December 2013 shows sales improved with inventory levels normal.