February 14, 2019

Retail Sales During December Slumped Badly

More charts. Sorry about that. But it turns out that retail sales during the holiday season really sucked:

Retail sales were up a paltry 0.3 percent from 2017 and were down a stunning 1.2 percent from November. That’s really bad. At the same time, the trendline looks OK, which makes December look a lot like a weird one-month spike. So this might mean nothing. Maybe.

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