Screwing the American Economy by Screwing Its Young

Written by Steven Hansen The inordinate growth of student loans – and its effect on the economy – is killing consumption (autos) and the housing sector.  This is no short term dynamic, but will effect the economy for decades. [click on image to enlarge]

January 2012 Advance Retail Sales Disappoint But Still Growing

Pundits are throwing out various reasons (including some apparent incorrect auto sales data) for reasons why January 2012 advance retail sales are improving at a weak rate.  The expectations were for retail sales improvement 2 to 3 times higher than what was reported. Econintersect analysis is that retail sales are not warning of an impending …

December 2011 Advance Retail Sales Disappoints Christmas Pundits

Christmas retail has to disappoint the pundits who were forecasting a big jump of sales in December 2011.   Although the Census adjusted numbers say there was a slight improvement month-over-month, the Econintersect analysis sees the numbers down almost 1%. Interestingly, both the Census and Econintersect analysis shows sluggishness in general merchandise stores and electronics …

November 2011 Advance Retail Sales Just Ok, Not Great

Inflation adjusted retail sales year-over-year growth rates have remained between 2% and 4% for the last 8 months.  In November 2011, the year-over-year growth was 2.4%. US Census Headlines: sales up 0.2% month-over-month, up 6.7% year-over-year Econintersect Analysis: sales down 0.2% month-over-month, and up 6.8% year-over-year sales (inflation adjusted) down 0.2% month-over-month, up 2.4% year-over-year

October 2011 Advance Retail Sales Shows Slowing Growth

Inflation adjusted October 2011 retail sales growth rates (advance release) resumed its previous downward trend channel.  Sales continue to grow but an ever slowing rate. US Census Headlines: sales up 0.5% month-over-month, up 15.6% year-over-year Econintersect Analysis: sales down 3.0% month-over-month, and up 6.7% year-over-year sales (inflation adjusted) down 3.0% month-over-month, up 1.7% year-over-year