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

Real retail sales for February: not recessionary, but not healthy either

Real retail sales for February: not recessionary, but not healthy either Let’s take a look at the February update for one of my favorite indicators, real retail sales. For the past few months, I have suspected that a sharp deceleration beginning with the consumer sector of the economy was more likely than not. At the moment, […]