Economic Headwinds from Real Estate Moderate

Written by Steven Hansen This week we have seen various real estate releases.  What these releases are whispering is that the headwinds are abating – but in perspective, the real estate industry remains a mere shadow of its former self.  One of the reasons for the sluggish USA economic recovery is due to real estate: …

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