United States Retail Sales

United States’ May Retail Sales were $362.5 billion, down 1.2 percent from April.  The decline was broad based.  Motor vehicles, building materials, gasoline, clothing, and general merchandise all fell significantly.  Furniture/home furnishings, electronics/appliances, food, health/personal, and sporting goods/hobby were up but just a bit. 

Building material purchases dove 9.3 percent following an 8.4 percent . . . → Read More: United States Retail Sales

United States Retail Sales

United States retail sales data through February show that while the last three months have been positive they have not in fact been inspiring at all.  We see that the volatility in total sales was driven by the motor vehicle and motor vehicle parts market during August, September, and October of 2009.  I attribute . . . → Read More: United States Retail Sales