retail sales

Retail Sales

by on March 13, 2013

A quick note:

Retail sales rose quite strongly last month despite higher payroll taxes. Overall sales grew 1.1% in February, the biggest increase for five [more…]

Economic Update

by on December 14, 2012

We ought, briefly, to catch up on the latest news, most of which points to the ongoing sideways movement of the economy.

Yesterday's numbers on [more…]

Retail Sales Jump

by on October 15, 2012

One of our recent themes has been the underlying improvement in consumer confidence that has yet to manifest itself strongly in any of the headline [more…]

Weak Sales

by on July 16, 2012

The economy has clearly hit a weak patch. Today's report on retail sales has them falling 0.5% in June. Not only is this much worse [more…]

Sales Point the Way

by on February 14, 2012

The stock market sagged at the sight of today's retail sales report. The news was note as good as Wall Street had forecast, so stock [more…]

US Growth Picks Up – A Bit

by on January 27, 2012

Be careful with today's report on US GDP. It looks better than it is. The headlines all read that the US economic activity accelerated in [more…]

One Step Backwards

by on January 12, 2012

Having been sidelined this week by minor surgery - very minor but annoying nonetheless - I have been able to take stock of our recent [more…]

Sideways Consumers

by on December 13, 2011

A brief note to comment on today's retail sales numbers: they were disappointing, especially after the hoopla associated with the traditional burst of spending after [more…]

Midweek Round-Up

by on November 30, 2011

This is getting monotonous: leave the news for a few days - as I did over the weekend until yesterday - and nothing much changes. [more…]

Inflation and von Mises

by on November 16, 2011

Yesterday I speculated that the decline in the cost of basic goods like gasoline was a contributory cause of the uptick in retail sales in [more…]