Retail Sales - Macro Data The Chart does not show Friday's decline.
Retail Sales have rolled over.
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Market participants to continue to ignore the
warning signs.
Denial.
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Powell warned after his confirmation hearing
the Federal Reserve's effort to control Inflation
will lead to a "Recession" - believe him.
For once in 22 Months the pressures from FOMC
Voting Members is beginning to assert far more
action(s) from the Raven.
RETAILSMSA trade ideas
Retail Sales - Macro Data / Inflation Adjusted The Commerce Department provided Data up 1.7 percent from September and 21 percent above pre-pandemic levels.
Sales at Gasoline Stations rose nearly 47 percent in October from a year earlier.
"Overall, sales are rising faster than prices" - according to the Commerce Department.
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Complete and Total garbage.
Gasoline is up 648% for RBOB futures from March of 2020.
Retail @ the pump Prices... Up from $1.932 Nationwide to $3.384
GAS @ the Pump +75.3%
Sales DOWN / Prices UP
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Retail Sales - another Fraud by the numbers.
Retail Sales Revenues Inflation Adjusted - DOWN 69.5% in 6 Months.
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Headline Idiocy abounds.
Retail Sales - Macro Data US CB - www.census.gov
Advance Monthly, Monthly and Annual Retail Trade Reports, and the Quarterly E-Commerce Report.
July decline of 1.1%. - dismal
August - Back to School - dismal
September - Back to Business - dismal
The August 2021 Advance Monthly Retail report is scheduled for release on September 16, 2021 at 8:30 AM EST
Retail tends to follow Auto sales - Forecasters expect U.S. auto sales to decline in August 2021
Sales for August 2021 are expected to be around 1.1 million cars and trucks combined, down 13.7% vs. August 2020
and down 25.3% vs. pre-COVID