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Retail recession means sales are declining, right?? Because comp store sales are still UP. The last 2 weeks have been +1.9% and +1.5% for US retailers. It's certainly not the best holiday sales season of all time, but consumers are still spending MORE than they did last year which means that neither the broad US economy nor the retail sector are in a recession.
Retail stores were up slightly, but online sales went through the roof. They were so much more than anyone predicted to the point though FedEx prepared for a big increase, it was so much larger that they could not get all the packages delivered for Christmas. In some areas of t he country, they were delivering today (Christmas Day). Retail had a good year overall. Brick and Mortar did not have a huge increase, because online sales went through the roof.
Overall combining the stores and online shopping retail is certainly not in a recession.
Just wait till they confess the same with retail data
Ah hah, so the latest round of hand waving by J.Thomas has arrived!
Since retail data proved you wrong about retail being in a major recession, we have now been instructed to await some future admission that said retail data was incorrect. You're now falling back on "data proved me wrong but someday they'll admit that data proved me right."
Can we safely assume that if retail data had instead backed your claim you wouldn't be as interested in questioning it's validity? I think so.
Just wait till they confess the same with retail data
This is about main street.
Everyone is feeling this.
Everyone knows (well almost everyone) that government data everywhere is cooked to suit the Central Banks and politicians. It is incredibly obvious to all those with a modicum sense of history and politics. The most fantastical fantasy is how our media has lured us into believing Chinese Government data. So totally, ludicrously absurd.
I would find it hard to believe that retail sales are down given that every one of my trips to the store during December was like a warzone of shoppers AND the growth in online shopping occurring at the same time...
I would find it hard to believe that retail sales are down given that every one of my trips to the store during December was like a warzone of shoppers AND the growth in online shopping occurring at the same time...
Please don't use any GIFs in this thread, this a serious discussion.
I'm not proven wrong.
I've been saying this whole time that data is cooked and there we have it in housing data.
I'm rather using independent data like consumer confidence, manufacturing numbers ...etc.
These are good parameters.
I'm still standing by my claim
Consumers have no money.
Will you accept now that they were cooking these data??
Dear one,
You are wasting your time with those that have an agenda to mock you, not see, or worse. Ignore works well, they will try to mock, shut down your thread with the goings back and forth. There is one in particular, that you know they will zero in on a poster, badger, badger, make fun of get others in on, then.... wait for it thread shut down. Hmmmm how they have time for this at work is beyond me, but to each their own for hobbies, agendas etc. Lets also remember some are paid to post, with tax payer dollars for their group. Sigh.
Oh and the I want proof crowd who is too lazy to google, search, research or just want your link to yell crummy site, crummy person, doesn't matter if the link has a link to gov. info , corrections, or the Wall street journal. If they want to push an agenda they will.
Great thread by the way. Cooked numbers hmmm who would have figured. Oh and I love but the restaurants are full crowds. Doesn't matter if people are broke, the foreclosures are starting again, and many don't cook. But the restaurants full that is the ticket to a strong economy. Not how many small businesses opened, closed, how many Americans lost jobs replaced by the Visa crowd, etc.
Yes there is online sales good glory it is easy for us all to shop that way, yes some stores were rocking it was Christmas after-all ( oh for the agenda crowd yes I used the word Christmas) but overall, well..... Cue in the melt down mamas, or the agenda, or link please...bwahahhaha. No, how about you all get back to work, earn your dollars.
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