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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
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
10 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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