Click to enlarge.
"Everybody talks about the weather, but nobody does anything about it." - Author Unknown
Source Data:
St. Louis Fed: Custom Chart
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
Click to enlarge.
"Everybody talks about the weather, but nobody does anything about it." - Author Unknown
Source Data:
St. Louis Fed: Custom Chart
Who needs retail sales anyway?
ReplyDeleteThe 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!
mab,
ReplyDeleteYou need a musical tribute!
Crazy "Shades" of Winter - The Bangled "Less Than Zero" Interest Rate Policy
Allow me to further puntificate. When I say bangled, I really mean bungled, at least over the full cycle.
ReplyDeleteAugmented Ba-dum Ching