Month over Month Retail Sales Retail Sales jumped 0.9% in March, a welcomed return to positive growth after 3 consecutive months of decline. In December, we saw a decline of 0.9%. In January, a decline of 0.8%. In February a decline of 0.5%. Overall, the 0.9% jump was the best month-over-month (M/M) Retail Sales figure since March 2014. Year over Year Retail Sales Interestingly, the 0.9% M/M growth masked further deceleration on a Y/Y basis. Retail Sales on a Y/Y basis continued to decelerate in March, coming in at a measly 1.2%. As shown, the current 1.2% is a…
This First Of The Big Four – Retail Sales – Paints A Very Nervous Picture
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.