Thursday, June 11, 2009
APR Retail Sales 0.5% Meets Estimates (WOW!)
Wow.
Link to Source
That's... uh... quite some rabbit they pulled out of a hat.
People are still buying a lot of food.
Health & Personal Care is doing quite well.
YoY General Merch is actually flat.
Furniture & Electronics are down despite Construction Materials being up.
I am shocked that these (dubious) numbers are so well.
I can't wait to see how JUN & JUL do.
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