Relevant and even prescient commentary on news, politics and the economy.

Positive real retail sales in August, but YoY flatness continues

Positive real retail sales in August, but YoY flatness continues  – by New Deal democrat Retail sales, probably my favorite monthly economic datapoint, increased 0.3% in August. Since consumer prices rose 0.1%, real retail sales rose 0.2%: That’s certainly good news. Now here’s the bad news: July’s retail sales were revised downward by -0.4%, so […]