Retail sales plunge what happens to GDP?

Retail sales for the first week of April plunged 2.7%, when compared to the first week of March – what’s the driver and we should we care?

It seems the well known sequester and its effect on government spending is starting to bite. But the sequester is taking place in an overall trend [...]

Is the surge in retail sales sustainable?

In what appeared to be good economic news, retail sales surged 0.6% in February but is this sustainable? The chart above shows two series Retail Sales Excluding Food (RSXFS, measured monthly, black line) compared to Disposable Personal Income (DSPI, measured monthly, blue line) for the period 2008 to 2013. Even though retail sales have [...]