retail sales fall. Surprises US (unemployment, Obama, news, own)

[redwolf fan]

Front page headline on my morning paper.

" Retail sales unexpectedly decline for the third straight month in June "

"The decline was worst than the most pessimistic forecast "

How is Obama gonna spin that out on the campaign trail?

[BentBow]

Both my wife & I own our own businesses.

Hers, is full retail specialty
Mine, is labor and technical based, but relies on retail sales to spark interest.

We are both dead in the water, once again. The phones quit ringing and traffic stopped, last month.

[pknopp]

I always get a kick out of how bad news is always described as "unexpected". It's inevitable and many doing these numbers know that.

[HappyTexan]

I guess even these economists aren't following the numbers because it should not have been neither a surprise nor unexpected.

The BDI has been signaling a decline and that is one number that they can't fudge.

[Mircea]

Originally Posted by HappyTexan

I guess even these economists aren't following the numbers because it should not have been neither a surprise nor unexpected.

The BDI has been signaling a decline and that is one number that they can't fudge.

Give them time. I'm sure they'll eventually figure out a way to muck that up.

Signaling...

Mircea

[SyraBrian]

Doesn't this coincide with the shortening of unemployment benefits?