Thursday, March 13, 2014

Retail Sales: 3 Years of Bad Weather So Far

The following chart shows the annual growth in retail and food services sales (excluding nonstore retail sales). It is not adjusted for population growth or inflation.


Click to enlarge.

"Everybody talks about the weather, but nobody does anything about it." - Author Unknown

Source Data:
St. Louis Fed: Custom Chart

3 comments:

mab said...

Who needs retail sales anyway?

The future looks bright! Just look at asset markets.

It's only a matter of time until asset inflation trickles down into wages. A day, a week, a decade - it's gotta happen.

I'm stocking up on shades!

Stagflationary Mark said...

mab,

You need a musical tribute!

Crazy "Shades" of Winter - The Bangled "Less Than Zero" Interest Rate Policy

Stagflationary Mark said...

Allow me to further puntificate. When I say bangled, I really mean bungled, at least over the full cycle.

Augmented Ba-dum Ching