April Retail Sales

Tuesday, May 13, 2008 | 11:59 AM

Retail Sales were rather unimpressive: Gasoline, Groceries, Food & Beverage were up, while pretty much everything else was flat to down. 

If you want to get rid of the Easter factor, compare March/April 2007 with March/April 2008.

Perhaps some chart porn might be instructive:

click for larger charts

Retail Sales vs. March CPI

(sales versus inflation)

courtesy of Jake

Retail Sales vs. Consumer Discretionary Sector
courtesy of Bespoke Group


Retail Sales Versus Past Recessions
courtesy of CEO Economic Update

Tuesday, May 13, 2008 | 11:59 AM | Permalink | Comments (10) | TrackBack (0)
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Here's some chart porn that I have asked, even begged for - an update to Shiller's home price chart. Here's a guy who had the balls to actually add his own forecast to it and if he is right, it bodes poorly for the consumer.


Posted by: Steve Barry | May 13, 2008 12:12:42 PM

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