Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for October 2013 shows sales marginally declined but inventories are in good shape.
Category Archives: Retail & Business Sales
Retail Sales Not Bad In November 2013
Written by Steven Hansen Retail sales were up according to US Census. Our analysis was mixed, but it is important to note that the inflation adjusted 3 month rolling average growth is accelerating.
Soft Month for Wholesale Sales in October 2013
Written by Steven Hansen October 2013 wholesale sales and inventories data was not as good as last month. This data series is very noisy, and has been on a roller coaster of one good month / one bad month. Consider that the rolling average of sales growth decelerated this month while inventories are within the …
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The “Real” Story on Retail Sales – Video
In spite of all the Fed’s manipulations the growth rate of real, inflation adjusted retail sales has remained slow and steady as stock prices go into a runaway bubble. And that big “beat” the media reported toda
November 2013 Philly Fed Business Outlook Moderately Declines
Written by Steven Hansen The Philly Fed Business Outlook Survey softened moderately but remains in positive territory. This survey has been negative for 9 of the last 19 months. Key element new orders also softened but also remains expansion territory.