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US economy appears weaker as retail sales slump
"However hard you look, there's just no good news in this report," said Paul Ashworth, chief U.S. economist at Capital Economics.
Click to enlarge.
Source Data:
U.S. Census: Retail Trade
Friday: No Major Economic Releases
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 10:00 AM ET, *University of Michig...
5 hours ago
2 comments:
"However hard you look, there's just no good news in this report."
I applaud this statement...which has not a single "unexpectedly" in its construction, nor any suggestion that the bad news is "contained". In fact the speaker seems to think that he is addressing adults...an entirely novel approach.
fried,
Fantastic commentary. I agree wholeheartedly.
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