The following chart shows nonstore retail sales divided by department store retail sales (excluding leased departments).
Click to enlarge.
They say that every parabolic trend must fail someday.
Unfortunately, for department store employees, this one may fail at infinity. Sigh.
Source Data:
St. Louis Fed: Custom Chart
April Employment Preview
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On Friday at 8:30 AM ET, the BLS will release the employment report for
April. The consensus is for 210,000 jobs added, and for the unemployment
rate to be...
1 hour ago
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